FRDPX vs. FBALX
Compare and contrast key facts about Franklin Rising Dividends Fund (FRDPX) and Fidelity Balanced Fund (FBALX).
FRDPX is managed by Franklin Templeton. It was launched on Jan 14, 1987. FBALX is managed by Fidelity. It was launched on Nov 6, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRDPX or FBALX.
Key characteristics
| FRDPX | FBALX | |
|---|---|---|
| YTD Return | 15.48% | 17.80% |
| 1Y Return | 19.86% | 26.46% |
| 3Y Return (Ann) | 1.59% | 5.04% |
| 5Y Return (Ann) | 9.14% | 11.76% |
| 10Y Return (Ann) | 8.14% | 9.85% |
| Sharpe Ratio | 1.84 | 3.08 |
| Sortino Ratio | 2.37 | 4.36 |
| Omega Ratio | 1.36 | 1.59 |
| Calmar Ratio | 1.55 | 3.01 |
| Martin Ratio | 10.33 | 20.38 |
| Ulcer Index | 1.93% | 1.30% |
| Daily Std Dev | 10.81% | 8.63% |
| Max Drawdown | -52.49% | -42.81% |
| Current Drawdown | -0.32% | -0.29% |
Correlation
The correlation between FRDPX and FBALX is 0.83, 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
FRDPX vs. FBALX - Performance Comparison
In the year-to-date period, FRDPX achieves a 15.48% return, which is significantly lower than FBALX's 17.80% return. Over the past 10 years, FRDPX has underperformed FBALX with an annualized return of 8.14%, while FBALX has yielded a comparatively higher 9.85% annualized return. 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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FRDPX vs. FBALX - Expense Ratio Comparison
FRDPX has a 0.85% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
FRDPX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Rising Dividends Fund (FRDPX) 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.
Dividends
FRDPX vs. FBALX - Dividend Comparison
FRDPX's dividend yield for the trailing twelve months is around 0.80%, less than FBALX's 4.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRDPX Franklin Rising Dividends Fund | 0.80% | 0.99% | 0.93% | 0.56% | 0.82% | 1.03% | 1.29% | 1.11% | 1.63% | 1.30% | 1.15% | 0.88% |
FBALX Fidelity Balanced Fund | 4.54% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% | 7.31% |
Drawdowns
FRDPX vs. FBALX - Drawdown Comparison
The maximum FRDPX drawdown since its inception was -52.49%, which is greater than FBALX's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for FRDPX and FBALX. For additional features, visit the drawdowns tool.
Volatility
FRDPX vs. FBALX - Volatility Comparison
Franklin Rising Dividends Fund (FRDPX) has a higher volatility of 3.24% compared to Fidelity Balanced Fund (FBALX) at 2.58%. This indicates that FRDPX'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.