MMAIX vs. FBALX
Compare and contrast key facts about MFS Moderate Allocation Fund (MMAIX) and Fidelity Balanced Fund (FBALX).
MMAIX is managed by MFS. It was launched on Jun 27, 2002. 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: MMAIX or FBALX.
Correlation
The correlation between MMAIX and FBALX is 0.93, 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
MMAIX vs. FBALX - Performance Comparison
Key characteristics
MMAIX:
0.94
FBALX:
1.32
MMAIX:
1.22
FBALX:
1.82
MMAIX:
1.19
FBALX:
1.24
MMAIX:
0.80
FBALX:
1.08
MMAIX:
3.16
FBALX:
6.43
MMAIX:
2.44%
FBALX:
1.93%
MMAIX:
8.20%
FBALX:
9.36%
MMAIX:
-34.68%
FBALX:
-42.81%
MMAIX:
-4.19%
FBALX:
-1.52%
Returns By Period
In the year-to-date period, MMAIX achieves a 3.32% return, which is significantly higher than FBALX's 2.84% return. Over the past 10 years, MMAIX has underperformed FBALX with an annualized return of 3.95%, while FBALX has yielded a comparatively higher 5.02% annualized return.
MMAIX
3.32%
2.48%
-0.03%
6.33%
3.31%
3.95%
FBALX
2.84%
1.95%
2.26%
10.90%
4.93%
5.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MMAIX vs. FBALX - Expense Ratio Comparison
MMAIX has a 0.65% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
MMAIX vs. FBALX — Risk-Adjusted Performance Rank
MMAIX
FBALX
MMAIX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Moderate Allocation Fund (MMAIX) 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
MMAIX vs. FBALX - Dividend Comparison
MMAIX's dividend yield for the trailing twelve months is around 2.72%, more than FBALX's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMAIX MFS Moderate Allocation Fund | 2.72% | 2.81% | 2.30% | 2.68% | 3.06% | 1.46% | 2.06% | 2.54% | 2.36% | 1.61% | 1.82% | 3.62% |
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
MMAIX vs. FBALX - Drawdown Comparison
The maximum MMAIX drawdown since its inception was -34.68%, smaller than the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for MMAIX and FBALX. For additional features, visit the drawdowns tool.
Volatility
MMAIX vs. FBALX - Volatility Comparison
The current volatility for MFS Moderate Allocation Fund (MMAIX) is 1.84%, while Fidelity Balanced Fund (FBALX) has a volatility of 2.58%. This indicates that MMAIX 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.