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FCNSX vs. FBALX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCNSX vs. FBALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Canada Fund (FCNSX) and Fidelity Balanced Fund (FBALX). The values are adjusted to include any dividend payments, if applicable.

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FCNSX vs. FBALX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCNSX
Fidelity Series Canada Fund
3.19%28.56%9.88%15.95%-6.88%28.62%4.47%27.78%-15.01%10.10%
FBALX
Fidelity Balanced Fund
-1.74%15.11%16.09%20.31%-18.29%18.27%22.45%24.40%-3.98%5.81%

Returns By Period

In the year-to-date period, FCNSX achieves a 3.19% return, which is significantly higher than FBALX's -1.74% return.


FCNSX

1D
2.36%
1M
-5.30%
YTD
3.19%
6M
8.68%
1Y
28.88%
3Y*
17.33%
5Y*
12.51%
10Y*

FBALX

1D
2.04%
1M
-3.87%
YTD
-1.74%
6M
0.80%
1Y
15.76%
3Y*
13.67%
5Y*
7.65%
10Y*
10.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCNSX vs. FBALX - Expense Ratio Comparison

FCNSX has a 0.00% expense ratio, which is lower than FBALX's 0.51% expense ratio.


Return for Risk

FCNSX vs. FBALX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCNSX
FCNSX Risk / Return Rank: 9191
Overall Rank
FCNSX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FCNSX Sortino Ratio Rank: 8989
Sortino Ratio Rank
FCNSX Omega Ratio Rank: 8686
Omega Ratio Rank
FCNSX Calmar Ratio Rank: 9292
Calmar Ratio Rank
FCNSX Martin Ratio Rank: 9595
Martin Ratio Rank

FBALX
FBALX Risk / Return Rank: 8080
Overall Rank
FBALX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
FBALX Sortino Ratio Rank: 7878
Sortino Ratio Rank
FBALX Omega Ratio Rank: 7777
Omega Ratio Rank
FBALX Calmar Ratio Rank: 8383
Calmar Ratio Rank
FBALX Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCNSX vs. FBALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Canada Fund (FCNSX) and Fidelity Balanced Fund (FBALX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FCNSXFBALXDifference

Sharpe ratio

Return per unit of total volatility

1.92

1.37

+0.55

Sortino ratio

Return per unit of downside risk

2.60

1.99

+0.61

Omega ratio

Gain probability vs. loss probability

1.38

1.30

+0.07

Calmar ratio

Return relative to maximum drawdown

2.96

2.05

+0.91

Martin ratio

Return relative to average drawdown

13.75

9.47

+4.28

FCNSX vs. FBALX - Sharpe Ratio Comparison

The current FCNSX Sharpe Ratio is 1.92, which is higher than the FBALX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of FCNSX and FBALX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FCNSXFBALXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.92

1.37

+0.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.63

+0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.84

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.79

-0.18

Correlation

The correlation between FCNSX and FBALX is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

FCNSX vs. FBALX - Dividend Comparison

FCNSX's dividend yield for the trailing twelve months is around 1.99%, less than FBALX's 5.79% yield.


TTM20252024202320222021202020192018201720162015
FCNSX
Fidelity Series Canada Fund
1.99%2.06%3.05%3.42%3.12%2.20%2.14%2.24%2.51%1.07%0.00%0.00%
FBALX
Fidelity Balanced Fund
5.79%5.69%5.67%2.28%8.06%9.66%5.90%4.24%10.99%7.90%3.07%7.70%

Drawdowns

FCNSX vs. FBALX - Drawdown Comparison

The maximum FCNSX drawdown since its inception was -41.47%, roughly equal to the maximum FBALX drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for FCNSX and FBALX.


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Drawdown Indicators


FCNSXFBALXDifference

Max Drawdown

Largest peak-to-trough decline

-41.47%

-43.57%

+2.10%

Max Drawdown (1Y)

Largest decline over 1 year

-10.35%

-8.14%

-2.21%

Max Drawdown (5Y)

Largest decline over 5 years

-21.35%

-22.89%

+1.54%

Max Drawdown (10Y)

Largest decline over 10 years

-26.68%

Current Drawdown

Current decline from peak

-5.30%

-4.56%

-0.74%

Average Drawdown

Average peak-to-trough decline

-5.23%

-4.39%

-0.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

1.76%

+0.47%

Volatility

FCNSX vs. FBALX - Volatility Comparison

Fidelity Series Canada Fund (FCNSX) has a higher volatility of 5.03% compared to Fidelity Balanced Fund (FBALX) at 4.19%. This indicates that FCNSX's price experiences larger fluctuations and is considered to be riskier than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCNSXFBALXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.03%

4.19%

+0.84%

Volatility (6M)

Calculated over the trailing 6-month period

10.50%

6.77%

+3.73%

Volatility (1Y)

Calculated over the trailing 1-year period

15.79%

11.94%

+3.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.28%

12.18%

+4.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.67%

12.75%

+5.92%