FUGAX vs. FBALX
Compare and contrast key facts about Fidelity Advisor Utilities Fund Class A (FUGAX) and Fidelity Balanced Fund (FBALX).
FUGAX is managed by Fidelity. It was launched on Sep 3, 1996. 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: FUGAX or FBALX.
Key characteristics
| FUGAX | FBALX | |
|---|---|---|
| YTD Return | 25.51% | 13.77% |
| 1Y Return | 26.26% | 20.19% |
| 3Y Return (Ann) | 12.64% | 5.36% |
| 5Y Return (Ann) | 9.11% | 11.55% |
| 10Y Return (Ann) | 9.63% | 9.69% |
| Sharpe Ratio | 1.61 | 2.12 |
| Daily Std Dev | 17.14% | 9.30% |
| Max Drawdown | -70.35% | -42.81% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FUGAX and FBALX is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FUGAX vs. FBALX - Performance Comparison
In the year-to-date period, FUGAX achieves a 25.51% return, which is significantly higher than FBALX's 13.77% return. Both investments have delivered pretty close results over the past 10 years, with FUGAX having a 9.63% annualized return and FBALX not far ahead at 9.69%. 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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FUGAX vs. FBALX - Expense Ratio Comparison
FUGAX has a 1.02% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
FUGAX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Utilities Fund Class A (FUGAX) 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
FUGAX vs. FBALX - Dividend Comparison
FUGAX's dividend yield for the trailing twelve months is around 2.81%, more than FBALX's 2.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUGAX Fidelity Advisor Utilities Fund Class A | 2.81% | 3.26% | 4.51% | 2.64% | 2.07% | 1.84% | 11.60% | 3.69% | 1.90% | 5.61% | 7.74% | 1.97% |
FBALX Fidelity Balanced Fund | 2.19% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.96% | 10.55% | 7.31% |
Drawdowns
FUGAX vs. FBALX - Drawdown Comparison
The maximum FUGAX drawdown since its inception was -70.35%, which is greater than FBALX's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for FUGAX and FBALX. For additional features, visit the drawdowns tool.
Volatility
FUGAX vs. FBALX - Volatility Comparison
Fidelity Advisor Utilities Fund Class A (FUGAX) and Fidelity Balanced Fund (FBALX) have volatilities of 3.01% and 2.87%, 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.