JELBX vs. FBALX
Compare and contrast key facts about John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) and Fidelity Balanced Fund (FBALX).
JELBX is managed by Blackrock. It was launched on Jan 6, 1997. 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: JELBX or FBALX.
Correlation
The correlation between JELBX 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.
Performance
JELBX vs. FBALX - Performance Comparison
Key characteristics
JELBX:
1.62
FBALX:
1.32
JELBX:
2.29
FBALX:
1.82
JELBX:
1.30
FBALX:
1.24
JELBX:
0.76
FBALX:
1.08
JELBX:
7.79
FBALX:
6.43
JELBX:
1.61%
FBALX:
1.93%
JELBX:
7.69%
FBALX:
9.36%
JELBX:
-45.44%
FBALX:
-42.81%
JELBX:
-6.34%
FBALX:
-1.52%
Returns By Period
In the year-to-date period, JELBX achieves a 3.01% return, which is significantly higher than FBALX's 2.84% return. Over the past 10 years, JELBX has underperformed FBALX with an annualized return of -0.22%, while FBALX has yielded a comparatively higher 4.97% annualized return.
JELBX
3.01%
1.86%
2.75%
11.31%
-0.57%
-0.22%
FBALX
2.84%
1.43%
1.55%
11.38%
4.86%
4.97%
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JELBX vs. FBALX - Expense Ratio Comparison
JELBX has a 0.17% expense ratio, which is lower than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
JELBX vs. FBALX — Risk-Adjusted Performance Rank
JELBX
FBALX
JELBX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) 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
JELBX vs. FBALX - Dividend Comparison
JELBX's dividend yield for the trailing twelve months is around 2.50%, more than FBALX's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JELBX John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | 2.50% | 2.57% | 2.35% | 2.72% | 2.56% | 2.50% | 1.96% | 2.55% | 2.18% | 2.13% | 2.60% | 2.96% |
FBALX Fidelity Balanced Fund | 1.76% | 1.81% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% |
Drawdowns
JELBX vs. FBALX - Drawdown Comparison
The maximum JELBX drawdown since its inception was -45.44%, which is greater than FBALX's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for JELBX and FBALX. For additional features, visit the drawdowns tool.
Volatility
JELBX vs. FBALX - Volatility Comparison
The current volatility for John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) is 1.90%, while Fidelity Balanced Fund (FBALX) has a volatility of 2.58%. This indicates that JELBX 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.