FSDIX vs. FBALX
Compare and contrast key facts about Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity Balanced Fund (FBALX).
FSDIX is managed by Fidelity. It was launched on Dec 23, 2003. 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: FSDIX or FBALX.
Correlation
The correlation between FSDIX and FBALX is 0.90, 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
FSDIX vs. FBALX - Performance Comparison
Key characteristics
FSDIX:
1.17
FBALX:
1.83
FSDIX:
1.58
FBALX:
2.54
FSDIX:
1.22
FBALX:
1.34
FSDIX:
0.85
FBALX:
3.05
FSDIX:
6.61
FBALX:
11.54
FSDIX:
1.52%
FBALX:
1.40%
FSDIX:
8.61%
FBALX:
8.84%
FSDIX:
-58.56%
FBALX:
-42.81%
FSDIX:
-4.30%
FBALX:
-3.68%
Returns By Period
In the year-to-date period, FSDIX achieves a 12.67% return, which is significantly lower than FBALX's 15.63% return. Over the past 10 years, FSDIX has underperformed FBALX with an annualized return of 4.55%, while FBALX has yielded a comparatively higher 9.44% annualized return.
FSDIX
12.67%
-3.40%
6.83%
10.05%
4.26%
4.55%
FBALX
15.63%
-1.61%
4.94%
16.11%
10.54%
9.44%
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FSDIX vs. FBALX - Expense Ratio Comparison
FSDIX has a 0.68% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
FSDIX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) 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
FSDIX vs. FBALX - Dividend Comparison
FSDIX's dividend yield for the trailing twelve months is around 2.63%, more than FBALX's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDIX Fidelity Strategic Dividend & Income Fund | 2.63% | 2.81% | 2.65% | 2.23% | 2.65% | 2.17% | 3.36% | 2.71% | 2.78% | 4.39% | 9.15% | 3.90% |
FBALX Fidelity Balanced Fund | 1.34% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% | 7.31% |
Drawdowns
FSDIX vs. FBALX - Drawdown Comparison
The maximum FSDIX drawdown since its inception was -58.56%, which is greater than FBALX's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for FSDIX and FBALX. For additional features, visit the drawdowns tool.
Volatility
FSDIX vs. FBALX - Volatility Comparison
Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity Balanced Fund (FBALX) have volatilities of 3.02% and 2.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.