FPKFX vs. FBKFX
Compare and contrast key facts about Fidelity Puritan K6 Fund (FPKFX) and Fidelity Balanced K6 Fund (FBKFX).
FPKFX is managed by Fidelity. It was launched on Jun 14, 2019. FBKFX is managed by Fidelity. It was launched on Jun 14, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPKFX or FBKFX.
Correlation
The correlation between FPKFX and FBKFX is 0.97, 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
FPKFX vs. FBKFX - Performance Comparison
Key characteristics
FPKFX:
1.58
FBKFX:
1.62
FPKFX:
2.22
FBKFX:
2.26
FPKFX:
1.29
FBKFX:
1.30
FPKFX:
2.43
FBKFX:
2.80
FPKFX:
9.36
FBKFX:
8.55
FPKFX:
1.83%
FBKFX:
1.74%
FPKFX:
10.79%
FBKFX:
9.17%
FPKFX:
-24.46%
FBKFX:
-26.58%
FPKFX:
-1.01%
FBKFX:
-1.34%
Returns By Period
The year-to-date returns for both stocks are quite close, with FPKFX having a 2.97% return and FBKFX slightly lower at 2.88%.
FPKFX
2.97%
-0.24%
7.70%
17.89%
10.88%
N/A
FBKFX
2.88%
0.67%
5.05%
15.33%
9.24%
N/A
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FPKFX vs. FBKFX - Expense Ratio Comparison
Both FPKFX and FBKFX have an expense ratio of 0.32%.
Risk-Adjusted Performance
FPKFX vs. FBKFX — Risk-Adjusted Performance Rank
FPKFX
FBKFX
FPKFX vs. FBKFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Puritan K6 Fund (FPKFX) and Fidelity Balanced K6 Fund (FBKFX). 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
FPKFX vs. FBKFX - Dividend Comparison
FPKFX's dividend yield for the trailing twelve months is around 1.89%, less than FBKFX's 1.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
FPKFX Fidelity Puritan K6 Fund | 1.89% | 1.94% | 1.67% | 1.62% | 1.11% | 1.04% | 0.63% |
FBKFX Fidelity Balanced K6 Fund | 1.94% | 2.00% | 1.79% | 1.48% | 0.97% | 1.31% | 0.45% |
Drawdowns
FPKFX vs. FBKFX - Drawdown Comparison
The maximum FPKFX drawdown since its inception was -24.46%, smaller than the maximum FBKFX drawdown of -26.58%. Use the drawdown chart below to compare losses from any high point for FPKFX and FBKFX. For additional features, visit the drawdowns tool.
Volatility
FPKFX vs. FBKFX - Volatility Comparison
Fidelity Puritan K6 Fund (FPKFX) has a higher volatility of 3.19% compared to Fidelity Balanced K6 Fund (FBKFX) at 2.49%. This indicates that FPKFX's price experiences larger fluctuations and is considered to be riskier than FBKFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.