SNXFX vs. FBALX
Compare and contrast key facts about Schwab 1000 Index Fund (SNXFX) and Fidelity Balanced Fund (FBALX).
SNXFX is a passively managed fund by Charles Schwab that tracks the performance of the Schwab 1000 Index. It was launched on Apr 2, 1991. 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: SNXFX or FBALX.
Performance
SNXFX vs. FBALX - Performance Comparison
Returns By Period
In the year-to-date period, SNXFX achieves a 24.19% return, which is significantly higher than FBALX's 15.98% return. Over the past 10 years, SNXFX has outperformed FBALX with an annualized return of 12.73%, while FBALX has yielded a comparatively lower 9.65% annualized return.
SNXFX
24.19%
0.85%
11.43%
32.46%
14.88%
12.73%
FBALX
15.98%
-0.40%
7.59%
22.20%
11.28%
9.65%
Key characteristics
| SNXFX | FBALX | |
|---|---|---|
| Sharpe Ratio | 2.60 | 2.66 |
| Sortino Ratio | 3.48 | 3.75 |
| Omega Ratio | 1.48 | 1.50 |
| Calmar Ratio | 3.80 | 3.15 |
| Martin Ratio | 16.82 | 17.45 |
| Ulcer Index | 1.93% | 1.31% |
| Daily Std Dev | 12.52% | 8.58% |
| Max Drawdown | -55.08% | -42.81% |
| Current Drawdown | -2.28% | -1.83% |
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SNXFX vs. FBALX - Expense Ratio Comparison
SNXFX has a 0.05% expense ratio, which is lower than FBALX's 0.51% expense ratio.
Correlation
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.
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.
Dividends
SNXFX vs. FBALX - Dividend Comparison
SNXFX's dividend yield for the trailing twelve months is around 1.14%, less than FBALX's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNXFX Schwab 1000 Index Fund | 1.14% | 1.41% | 1.61% | 1.19% | 1.71% | 1.81% | 2.29% | 1.75% | 1.81% | 1.93% | 1.64% | 1.54% |
FBALX Fidelity Balanced Fund | 1.78% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 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.
Volatility
SNXFX vs. FBALX - Volatility Comparison
Schwab 1000 Index Fund (SNXFX) has a higher volatility of 4.17% compared to Fidelity Balanced Fund (FBALX) at 2.76%. 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.