RMBKX vs. FFANX

Last updated Jun 24, 2026

RMBKX (RMB Mendon Financial Services Fund) and FFANX (Fidelity Asset Manager 40% Fund) are both mutual funds - RMBKX is a Financials Equities fund managed by BlackRock, while FFANX is a Diversified Portfolio fund managed by BlackRock. Over the past 10 years, RMBKX returned 11.35%/yr vs 6.99%/yr for FFANX. A 0.53 correlation means they provide meaningful diversification when combined. RMBKX charges 1.27%/yr vs 0.52%/yr for FFANX.

Performance

RMBKX vs. FFANX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RMB Mendon Financial Services Fund (RMBKX) and Fidelity Asset Manager 40% Fund (FFANX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RMBKX achieves a 13.40% return, which is significantly higher than FFANX's 7.45% return. Over the past 10 years, RMBKX has outperformed FFANX with an annualized return of 11.35%, while FFANX has yielded a comparatively lower 6.99% annualized return.

RMBKX

• 1D: 0.58%
• 1M: 4.93%
• YTD: 13.40%
• 6M: 12.13%
• 1Y: 36.49%
• 3Y*: 24.13%
• 5Y*: 8.03%
• 10Y*: 11.35%

FFANX

• 1D: -0.13%
• 1M: 1.41%
• YTD: 7.45%
• 6M: 7.31%
• 1Y: 16.42%
• 3Y*: 11.28%
• 5Y*: 5.36%
• 10Y*: 6.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RMBKX vs. FFANX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RMBKX RMB Mendon Financial Services Fund	13.40%	12.84%	17.07%	4.56%	-19.18%	56.40%	-5.73%	22.82%	-17.13%	12.17%
FFANX Fidelity Asset Manager 40% Fund	7.45%	13.16%	7.40%	11.52%	-13.62%	8.03%	13.10%	15.81%	-4.06%	11.25%

Correlation

The correlation between RMBKX and FFANX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.53

The correlation between RMBKX and FFANX shifts across timeframes, from 0.42 (1 year) to 0.54 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

RMBKX vs. FFANX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RMBKX

RMBKX Risk / Return Rank: 59
RMBKX Sharpe Ratio Rank: 51
RMBKX Sortino Ratio Rank: 49
RMBKX Omega Ratio Rank: 47
RMBKX Calmar Ratio Rank: 89
RMBKX Martin Ratio Rank: 60

FFANX

FFANX Risk / Return Rank: 79
FFANX Sharpe Ratio Rank: 79
FFANX Sortino Ratio Rank: 79
FFANX Omega Ratio Rank: 79
FFANX Calmar Ratio Rank: 76
FFANX Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RMBKX vs. FFANX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RMB Mendon Financial Services Fund (RMBKX) and Fidelity Asset Manager 40% Fund (FFANX). 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.

	RMBKX	FFANX	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.41	-0.46
Sortino ratio: Return per unit of downside risk	2.71	3.45	-0.74
Omega ratio: Gain probability vs. loss probability	1.34	1.47	-0.13
Calmar ratio: Return relative to maximum drawdown	4.22	3.27	+0.95
Martin ratio: Return relative to average drawdown	11.26	13.95	-2.69

RMBKX vs. FFANX - Sharpe Ratio Comparison

The current RMBKX Sharpe Ratio is 1.94, which is comparable to the FFANX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of RMBKX and FFANX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RMBKX vs. FFANX - Drawdown Comparison

The maximum RMBKX drawdown since its inception was -55.45%, which is greater than FFANX's maximum drawdown of -31.69%. Use the drawdown chart below to compare losses from any high point for RMBKX and FFANX.

Drawdown Indicators

	RMBKX	FFANX	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-31.69%	-23.76%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-5.20%	-4.28%
Max Drawdown (3Y) Largest decline over 3 years	-24.98%	-7.55%	-17.43%
Max Drawdown (5Y) Largest decline over 5 years	-44.33%	-18.52%	-25.81%
Max Drawdown (10Y) Largest decline over 10 years	-55.45%	-18.52%	-36.93%
Current Drawdown Current decline from peak	-1.33%	-0.13%	-1.20%
Average Drawdown Average peak-to-trough decline	-11.04%	-3.79%	-7.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	1.22%	+2.33%

Volatility

RMBKX vs. FFANX - Volatility Comparison

RMB Mendon Financial Services Fund (RMBKX) has a higher volatility of 5.12% compared to Fidelity Asset Manager 40% Fund (FFANX) at 2.94%. This indicates that RMBKX's price experiences larger fluctuations and is considered to be riskier than FFANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMBKX	FFANX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	2.94%	+2.18%
Volatility (6M) Calculated over the trailing 6-month period	13.75%	6.01%	+7.74%
Volatility (1Y) Calculated over the trailing 1-year period	20.65%	7.09%	+13.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.78%	7.94%	+16.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.19%	7.74%	+19.45%

RMBKX vs. FFANX - Expense Ratio Comparison

RMBKX has a 1.27% expense ratio, which is higher than FFANX's 0.52% expense ratio.

Dividends

RMBKX vs. FFANX - Dividend Comparison

RMBKX's dividend yield for the trailing twelve months is around 5.49%, more than FFANX's 3.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFANX Fidelity Asset Manager 40% Fund	3.65%	3.97%	2.81%	2.49%	5.75%	2.35%	2.36%	3.67%	4.56%	2.56%	1.43%	3.18%
RMBKX RMB Mendon Financial Services Fund	5.49%	6.22%	1.90%	1.29%	17.29%	1.35%	0.00%	0.85%	5.39%	6.63%	1.50%	0.00%

Frequently Asked Questions

Can I hold both RMBKX and FFANX in my portfolio?

RMBKX and FFANX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RMBKX or FFANX?

RMBKX has higher volatility (5.12%) compared to FFANX (2.94%). In terms of maximum drawdown, RMBKX dropped -55.45% vs FFANX's -31.69%.

Which has better risk-adjusted returns?

FFANX currently has the higher Sharpe Ratio (2.40 vs 1.94), 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.