FPKFX vs. AOR
FPKFX (Fidelity Puritan K6 Fund) and AOR (iShares Core 60/40 Balanced Allocation ETF) are both Diversified Portfolio funds. Over the past 5 years, FPKFX returned 9.36%/yr vs 7.00%/yr for AOR. Their correlation of 0.92 suggests significant overlap in exposure. FPKFX charges 0.32%/yr vs 0.15%/yr for AOR.
Performance
FPKFX vs. AOR - Performance Comparison
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Returns By Period
In the year-to-date period, FPKFX achieves a 9.75% return, which is significantly higher than AOR's 7.65% return.
FPKFX
- 1D
- -0.32%
- 1M
- 3.11%
- YTD
- 9.75%
- 6M
- 9.47%
- 1Y
- 21.84%
- 3Y*
- 16.86%
- 5Y*
- 9.36%
- 10Y*
- —
AOR
- 1D
- 0.24%
- 1M
- 2.53%
- YTD
- 7.65%
- 6M
- 8.14%
- 1Y
- 19.12%
- 3Y*
- 14.39%
- 5Y*
- 7.00%
- 10Y*
- 8.40%
FPKFX vs. AOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FPKFX Fidelity Puritan K6 Fund | 9.75% | 11.37% | 18.95% | 20.29% | -17.11% | 19.10% | 20.22% | 9.41% |
AOR iShares Core 60/40 Balanced Allocation ETF | 7.65% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 8.21% |
Correlation
The correlation between FPKFX and AOR is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2019 | 0.92 |
The correlation between FPKFX and AOR has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.
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Return for Risk
FPKFX vs. AOR — Risk / Return Rank
FPKFX
AOR
FPKFX vs. AOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Puritan K6 Fund (FPKFX) and iShares Core 60/40 Balanced Allocation ETF (AOR). 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.
| FPKFX | AOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.43 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 2.89 | +0.11 |
| Martin ratioReturn relative to average drawdown | 13.42 | 12.64 | +0.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FPKFX | AOR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 2.28 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.67 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.69 | +0.19 |
Drawdowns
FPKFX vs. AOR - Drawdown Comparison
The maximum FPKFX drawdown since its inception was -24.46%, roughly equal to the maximum AOR drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for FPKFX and AOR.
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Drawdown Indicators
| FPKFX | AOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.46% | -24.44% | -0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -7.48% | -6.64% | -0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -9.77% | -5.13% |
Max Drawdown (5Y)Largest decline over 5 years | -22.33% | -21.72% | -0.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.95% | — |
Current DrawdownCurrent decline from peak | -0.32% | -0.29% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -4.79% | -3.47% | -1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.52% | +0.14% |
Volatility
FPKFX vs. AOR - Volatility Comparison
Fidelity Puritan K6 Fund (FPKFX) has a higher volatility of 3.22% compared to iShares Core 60/40 Balanced Allocation ETF (AOR) at 2.66%. This indicates that FPKFX's price experiences larger fluctuations and is considered to be riskier than AOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FPKFX | AOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 2.66% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 8.03% | 6.81% | +1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.99% | 8.42% | +1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.63% | 10.55% | +2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.30% | 10.67% | +3.63% |
FPKFX vs. AOR - Expense Ratio Comparison
FPKFX has a 0.32% expense ratio, which is higher than AOR's 0.15% expense ratio.
Dividends
FPKFX vs. AOR - Dividend Comparison
FPKFX's dividend yield for the trailing twelve months is around 3.82%, more than AOR's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 2.46% | 2.55% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% |
FPKFX Fidelity Puritan K6 Fund | 3.82% | 4.19% | 3.83% | 1.67% | 1.62% | 4.34% | 1.40% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, FPKFX and AOR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FPKFX has higher volatility (3.22%) compared to AOR (2.66%). In terms of maximum drawdown, FPKFX dropped -24.46% vs AOR's -24.44%.
AOR currently has the higher Sharpe Ratio (2.28 vs 2.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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