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FSIDX vs. FBALX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSIDX vs. FBALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and Fidelity Balanced Fund (FBALX). The values are adjusted to include any dividend payments, if applicable.

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FSIDX vs. FBALX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSIDX
Fidelity Advisor Strategic Dividend & Income Fund Class I
3.31%12.99%11.46%9.45%-9.90%18.98%11.25%22.47%-4.43%11.26%
FBALX
Fidelity Balanced Fund
-3.70%15.11%16.09%20.31%-18.29%18.27%22.45%24.40%-3.98%16.52%

Returns By Period

In the year-to-date period, FSIDX achieves a 3.31% return, which is significantly higher than FBALX's -3.70% return. Over the past 10 years, FSIDX has underperformed FBALX with an annualized return of 9.19%, while FBALX has yielded a comparatively higher 10.51% annualized return.


FSIDX

1D
-0.33%
1M
-5.68%
YTD
3.31%
6M
5.65%
1Y
15.08%
3Y*
11.68%
5Y*
7.71%
10Y*
9.19%

FBALX

1D
-0.16%
1M
-5.81%
YTD
-3.70%
6M
-0.91%
1Y
13.97%
3Y*
12.91%
5Y*
7.44%
10Y*
10.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSIDX vs. FBALX - Expense Ratio Comparison

FSIDX has a 0.72% expense ratio, which is higher than FBALX's 0.51% expense ratio.


Return for Risk

FSIDX vs. FBALX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSIDX
FSIDX Risk / Return Rank: 7575
Overall Rank
FSIDX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FSIDX Sortino Ratio Rank: 7676
Sortino Ratio Rank
FSIDX Omega Ratio Rank: 7777
Omega Ratio Rank
FSIDX Calmar Ratio Rank: 6868
Calmar Ratio Rank
FSIDX Martin Ratio Rank: 7878
Martin Ratio Rank

FBALX
FBALX Risk / Return Rank: 7373
Overall Rank
FBALX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FBALX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FBALX Omega Ratio Rank: 7373
Omega Ratio Rank
FBALX Calmar Ratio Rank: 7171
Calmar Ratio Rank
FBALX Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSIDX vs. FBALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) 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.


FSIDXFBALXDifference

Sharpe ratio

Return per unit of total volatility

1.34

1.22

+0.12

Sortino ratio

Return per unit of downside risk

1.87

1.78

+0.09

Omega ratio

Gain probability vs. loss probability

1.29

1.27

+0.02

Calmar ratio

Return relative to maximum drawdown

1.54

1.61

-0.07

Martin ratio

Return relative to average drawdown

7.63

7.56

+0.07

FSIDX vs. FBALX - Sharpe Ratio Comparison

The current FSIDX Sharpe Ratio is 1.34, which is comparable to the FBALX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FSIDX and FBALX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSIDXFBALXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.34

1.22

+0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.71

0.62

+0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.74

0.83

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.78

-0.26

Correlation

The correlation between FSIDX and FBALX is 0.91, 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.


Dividends

FSIDX vs. FBALX - Dividend Comparison

FSIDX's dividend yield for the trailing twelve months is around 7.70%, more than FBALX's 5.90% yield.


TTM20252024202320222021202020192018201720162015
FSIDX
Fidelity Advisor Strategic Dividend & Income Fund Class I
7.70%7.95%5.25%5.70%4.22%8.42%5.67%6.69%8.18%6.59%4.92%6.37%
FBALX
Fidelity Balanced Fund
5.90%5.69%5.67%2.28%8.06%9.66%5.90%4.24%10.99%7.90%3.07%7.70%

Drawdowns

FSIDX vs. FBALX - Drawdown Comparison

The maximum FSIDX drawdown since its inception was -58.94%, which is greater than FBALX's maximum drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for FSIDX and FBALX.


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Drawdown Indicators


FSIDXFBALXDifference

Max Drawdown

Largest peak-to-trough decline

-58.94%

-43.57%

-15.37%

Max Drawdown (1Y)

Largest decline over 1 year

-9.55%

-8.14%

-1.41%

Max Drawdown (5Y)

Largest decline over 5 years

-17.10%

-22.89%

+5.79%

Max Drawdown (10Y)

Largest decline over 10 years

-30.01%

-26.68%

-3.33%

Current Drawdown

Current decline from peak

-5.78%

-6.47%

+0.69%

Average Drawdown

Average peak-to-trough decline

-6.38%

-4.39%

-1.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.93%

1.74%

+0.19%

Volatility

FSIDX vs. FBALX - Volatility Comparison

Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and Fidelity Balanced Fund (FBALX) have volatilities of 3.38% and 3.50%, 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.


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Volatility by Period


FSIDXFBALXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.38%

3.50%

-0.12%

Volatility (6M)

Calculated over the trailing 6-month period

6.30%

6.47%

-0.17%

Volatility (1Y)

Calculated over the trailing 1-year period

11.75%

11.80%

-0.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.94%

12.15%

-1.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.39%

12.73%

-0.34%