FBALX vs. FFSG
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and FormulaFolios Smart Growth ETF (FFSG).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. FFSG is an actively managed fund by Al Marketing LLC. It was launched on Oct 31, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or FFSG.
Key characteristics
| FBALX | FFSG |
|---|
Correlation
The correlation between FBALX and FFSG is 0.86, 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.
Performance
FBALX vs. FFSG - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBALX vs. FFSG - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is lower than FFSG's 0.69% expense ratio.
Risk-Adjusted Performance
FBALX vs. FFSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and FormulaFolios Smart Growth ETF (FFSG). 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.
Dividends
FBALX vs. FFSG - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 2.29%, while FFSG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 2.29% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.96% | 10.55% | 7.31% |
FFSG FormulaFolios Smart Growth ETF | 1.47% | 1.89% | 0.97% | 1.61% | 1.14% | 1.50% | 1.68% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FBALX vs. FFSG - Drawdown Comparison
Volatility
FBALX vs. FFSG - Volatility Comparison
Fidelity Balanced Fund (FBALX) has a higher volatility of 2.63% compared to FormulaFolios Smart Growth ETF (FFSG) at 0.00%. This indicates that FBALX's price experiences larger fluctuations and is considered to be riskier than FFSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.