JELMX vs. FBALX
Compare and contrast key facts about John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio (JELMX) and Fidelity Balanced Fund (FBALX).
JELMX 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: JELMX or FBALX.
Correlation
The correlation between JELMX and FBALX is 0.89, 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
JELMX vs. FBALX - Performance Comparison
Key characteristics
JELMX:
1.46
FBALX:
1.22
JELMX:
2.04
FBALX:
1.69
JELMX:
1.27
FBALX:
1.22
JELMX:
0.61
FBALX:
0.92
JELMX:
6.99
FBALX:
6.16
JELMX:
1.46%
FBALX:
1.88%
JELMX:
6.96%
FBALX:
9.45%
JELMX:
-36.38%
FBALX:
-41.81%
JELMX:
-7.26%
FBALX:
-2.43%
Returns By Period
In the year-to-date period, JELMX achieves a 2.17% return, which is significantly higher than FBALX's 1.89% return. Over the past 10 years, JELMX has underperformed FBALX with an annualized return of -0.14%, while FBALX has yielded a comparatively higher 5.14% annualized return.
JELMX
2.17%
1.97%
4.14%
9.94%
-0.47%
-0.14%
FBALX
1.89%
1.14%
4.21%
10.67%
5.19%
5.14%
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JELMX vs. FBALX - Expense Ratio Comparison
JELMX has a 0.17% expense ratio, which is lower than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
JELMX vs. FBALX — Risk-Adjusted Performance Rank
JELMX
FBALX
JELMX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio (JELMX) 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
JELMX vs. FBALX - Dividend Comparison
JELMX's dividend yield for the trailing twelve months is around 2.77%, more than FBALX's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JELMX John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio | 2.77% | 2.83% | 2.54% | 2.88% | 2.78% | 2.68% | 2.09% | 2.67% | 2.31% | 2.20% | 2.67% | 2.96% |
FBALX Fidelity Balanced Fund | 1.77% | 1.81% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 8.79% | 11.39% |
Drawdowns
JELMX vs. FBALX - Drawdown Comparison
The maximum JELMX drawdown since its inception was -36.38%, smaller than the maximum FBALX drawdown of -41.81%. Use the drawdown chart below to compare losses from any high point for JELMX and FBALX. For additional features, visit the drawdowns tool.
Volatility
JELMX vs. FBALX - Volatility Comparison
The current volatility for John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio (JELMX) is 2.00%, while Fidelity Balanced Fund (FBALX) has a volatility of 3.18%. This indicates that JELMX 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.