GLRBX vs. FBALX
GLRBX (James Balanced: Golden Rainbow Fund) and FBALX (Fidelity Balanced Fund) are both Diversified Portfolio funds. Over the past 10 years, GLRBX returned 5.14%/yr vs 11.98%/yr for FBALX. Their correlation of 0.87 suggests significant overlap in exposure. GLRBX charges 1.18%/yr vs 0.46%/yr for FBALX.
Performance
GLRBX vs. FBALX - Performance Comparison
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Returns By Period
In the year-to-date period, GLRBX achieves a 5.39% return, which is significantly lower than FBALX's 9.80% return. Over the past 10 years, GLRBX has underperformed FBALX with an annualized return of 5.14%, while FBALX has yielded a comparatively higher 11.98% annualized return.
GLRBX
- 1D
- -0.36%
- 1M
- 0.40%
- YTD
- 5.39%
- 6M
- 4.75%
- 1Y
- 16.58%
- 3Y*
- 12.45%
- 5Y*
- 6.57%
- 10Y*
- 5.14%
FBALX
- 1D
- -0.37%
- 1M
- 1.03%
- YTD
- 9.80%
- 6M
- 9.32%
- 1Y
- 22.66%
- 3Y*
- 16.25%
- 5Y*
- 9.12%
- 10Y*
- 11.98%
GLRBX vs. FBALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLRBX James Balanced: Golden Rainbow Fund | 5.39% | 13.16% | 12.27% | 11.52% | -12.77% | 12.69% | 1.54% | 12.10% | -10.60% | 6.03% |
FBALX Fidelity Balanced Fund | 9.80% | 15.11% | 16.09% | 20.31% | -18.29% | 18.27% | 22.45% | 24.40% | -3.98% | 16.52% |
Correlation
The correlation between GLRBX and FBALX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1992 | 0.87 |
The correlation between GLRBX and FBALX has been stable across timeframes, ranging from 0.87 to 0.96 - a consistent structural relationship.
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Return for Risk
GLRBX vs. FBALX — Risk / Return Rank
GLRBX
FBALX
GLRBX vs. FBALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for James Balanced: Golden Rainbow Fund (GLRBX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GLRBX | FBALX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.49 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.13 | 3.65 | -0.52 |
| Martin ratioReturn relative to average drawdown | 14.18 | 17.07 | -2.88 |
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Drawdowns
GLRBX vs. FBALX - Drawdown Comparison
The maximum GLRBX drawdown since its inception was -21.59%, smaller than the maximum FBALX drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for GLRBX and FBALX.
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Drawdown Indicators
| GLRBX | FBALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.59% | -43.57% | +21.98% |
Max Drawdown (1Y)Largest decline over 1 year | -5.55% | -6.47% | +0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -8.75% | -12.88% | +4.13% |
Max Drawdown (5Y)Largest decline over 5 years | -16.73% | -22.89% | +6.16% |
Max Drawdown (10Y)Largest decline over 10 years | -16.86% | -26.68% | +9.82% |
Current DrawdownCurrent decline from peak | -0.51% | -0.51% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -4.37% | +1.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.38% | -0.16% |
Volatility
GLRBX vs. FBALX - Volatility Comparison
The current volatility for James Balanced: Golden Rainbow Fund (GLRBX) is 2.71%, while Fidelity Balanced Fund (FBALX) has a volatility of 3.67%. This indicates that GLRBX experiences smaller price fluctuations and is considered to be less risky than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLRBX | FBALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 3.67% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 6.29% | 7.48% | -1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.54% | 9.18% | -1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.43% | 12.26% | -3.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.34% | 12.82% | -4.48% |
GLRBX vs. FBALX - Expense Ratio Comparison
GLRBX has a 1.18% expense ratio, which is higher than FBALX's 0.46% expense ratio.
Dividends
GLRBX vs. FBALX - Dividend Comparison
GLRBX's dividend yield for the trailing twelve months is around 4.73%, less than FBALX's 5.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 5.16% | 5.69% | 5.67% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.70% |
GLRBX James Balanced: Golden Rainbow Fund | 4.73% | 4.95% | 3.31% | 2.05% | 5.18% | 6.72% | 1.14% | 1.90% | 11.45% | 7.69% | 1.59% | 2.59% |
Frequently Asked Questions
With a correlation of 0.94, GLRBX and FBALX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FBALX has higher volatility (3.67%) compared to GLRBX (2.71%). In terms of maximum drawdown, GLRBX dropped -21.59% vs FBALX's -43.57%.
FBALX currently has the higher Sharpe Ratio (2.58 vs 2.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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