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SNXFX vs. FBALX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SNXFXFBALX
YTD Return7.09%4.56%
1Y Return25.63%16.08%
3Y Return (Ann)7.21%3.80%
5Y Return (Ann)13.04%10.14%
10Y Return (Ann)12.13%9.45%
Sharpe Ratio2.312.00
Daily Std Dev12.15%8.71%
Max Drawdown-55.08%-42.81%
Current Drawdown-3.02%-2.43%

Correlation

-0.50.00.51.00.9

The correlation between SNXFX 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

SNXFX vs. FBALX - Performance Comparison

In the year-to-date period, SNXFX achieves a 7.09% return, which is significantly higher than FBALX's 4.56% return. Over the past 10 years, SNXFX has outperformed FBALX with an annualized return of 12.13%, while FBALX has yielded a comparatively lower 9.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


1,900.00%2,000.00%2,100.00%2,200.00%2,300.00%2,400.00%2,500.00%NovemberDecember2024FebruaryMarchApril
2,374.89%
2,236.08%
SNXFX
FBALX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Schwab 1000 Index Fund

Fidelity Balanced Fund

SNXFX vs. FBALX - Expense Ratio Comparison

SNXFX has a 0.05% expense ratio, which is lower than FBALX's 0.51% expense ratio.


FBALX
Fidelity Balanced Fund
Expense ratio chart for FBALX: current value at 0.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.51%
Expense ratio chart for SNXFX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

SNXFX vs. FBALX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab 1000 Index Fund (SNXFX) 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.


SNXFX
Sharpe ratio
The chart of Sharpe ratio for SNXFX, currently valued at 2.31, compared to the broader market-1.000.001.002.003.004.002.31
Sortino ratio
The chart of Sortino ratio for SNXFX, currently valued at 3.33, compared to the broader market-2.000.002.004.006.008.0010.0012.003.33
Omega ratio
The chart of Omega ratio for SNXFX, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.40
Calmar ratio
The chart of Calmar ratio for SNXFX, currently valued at 1.85, compared to the broader market0.002.004.006.008.0010.0012.001.85
Martin ratio
The chart of Martin ratio for SNXFX, currently valued at 9.32, compared to the broader market0.0010.0020.0030.0040.0050.009.32
FBALX
Sharpe ratio
The chart of Sharpe ratio for FBALX, currently valued at 2.00, compared to the broader market-1.000.001.002.003.004.002.00
Sortino ratio
The chart of Sortino ratio for FBALX, currently valued at 2.96, compared to the broader market-2.000.002.004.006.008.0010.0012.002.96
Omega ratio
The chart of Omega ratio for FBALX, currently valued at 1.35, compared to the broader market0.501.001.502.002.503.001.35
Calmar ratio
The chart of Calmar ratio for FBALX, currently valued at 1.30, compared to the broader market0.002.004.006.008.0010.0012.001.30
Martin ratio
The chart of Martin ratio for FBALX, currently valued at 7.04, compared to the broader market0.0010.0020.0030.0040.0050.007.04

SNXFX vs. FBALX - Sharpe Ratio Comparison

The current SNXFX Sharpe Ratio is 2.31, which roughly equals the FBALX Sharpe Ratio of 2.00. The chart below compares the 12-month rolling Sharpe Ratio of SNXFX and FBALX.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
2.31
2.00
SNXFX
FBALX

Dividends

SNXFX vs. FBALX - Dividend Comparison

SNXFX's dividend yield for the trailing twelve months is around 1.32%, less than FBALX's 2.30% yield.


TTM20232022202120202019201820172016201520142013
SNXFX
Schwab 1000 Index Fund
1.32%1.41%1.61%1.74%2.76%3.01%6.48%4.22%3.41%6.31%4.38%4.61%
FBALX
Fidelity Balanced Fund
2.30%2.28%8.06%9.66%5.90%4.24%10.99%7.90%3.07%7.96%10.55%7.31%

Drawdowns

SNXFX vs. FBALX - Drawdown Comparison

The maximum SNXFX drawdown since its inception was -55.08%, which is greater than FBALX's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for SNXFX and FBALX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2024FebruaryMarchApril
-3.02%
-2.43%
SNXFX
FBALX

Volatility

SNXFX vs. FBALX - Volatility Comparison

Schwab 1000 Index Fund (SNXFX) has a higher volatility of 3.70% compared to Fidelity Balanced Fund (FBALX) at 2.61%. This indicates that SNXFX's price experiences larger fluctuations and is considered to be riskier than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
3.70%
2.61%
SNXFX
FBALX