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

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.


-0.50.00.51.00.9

Performance

SNXFX vs. FBALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab 1000 Index Fund (SNXFX) and Fidelity Balanced Fund (FBALX). The values are adjusted to include any dividend payments, if applicable.

2,300.00%2,400.00%2,500.00%2,600.00%2,700.00%2,800.00%2,900.00%JulyAugustSeptemberOctoberNovemberDecember
2,767.24%
2,473.31%
SNXFX
FBALX

Key characteristics

Sharpe Ratio

SNXFX:

2.03

FBALX:

1.86

Sortino Ratio

SNXFX:

2.71

FBALX:

2.59

Omega Ratio

SNXFX:

1.38

FBALX:

1.34

Calmar Ratio

SNXFX:

3.04

FBALX:

3.11

Martin Ratio

SNXFX:

12.90

FBALX:

11.94

Ulcer Index

SNXFX:

2.02%

FBALX:

1.38%

Daily Std Dev

SNXFX:

12.82%

FBALX:

8.83%

Max Drawdown

SNXFX:

-55.08%

FBALX:

-42.81%

Current Drawdown

SNXFX:

-4.09%

FBALX:

-4.06%

Returns By Period

In the year-to-date period, SNXFX achieves a 24.07% return, which is significantly higher than FBALX's 15.17% return. Over the past 10 years, SNXFX has outperformed FBALX with an annualized return of 12.55%, while FBALX has yielded a comparatively lower 9.43% annualized return.


SNXFX

YTD

24.07%

1M

-1.68%

6M

8.47%

1Y

24.46%

5Y*

14.08%

10Y*

12.55%

FBALX

YTD

15.17%

1M

-1.46%

6M

4.34%

1Y

15.69%

5Y*

10.45%

10Y*

9.43%

Compare stocks, funds, or ETFs

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


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.


Sharpe ratio
The chart of Sharpe ratio for SNXFX, currently valued at 2.03, compared to the broader market-1.000.001.002.003.004.002.031.86
The chart of Sortino ratio for SNXFX, currently valued at 2.71, compared to the broader market-2.000.002.004.006.008.0010.002.712.59
The chart of Omega ratio for SNXFX, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.003.501.381.34
The chart of Calmar ratio for SNXFX, currently valued at 3.04, compared to the broader market0.002.004.006.008.0010.0012.0014.003.043.11
The chart of Martin ratio for SNXFX, currently valued at 12.90, compared to the broader market0.0020.0040.0060.0012.9011.94
SNXFX
FBALX

The current SNXFX Sharpe Ratio is 2.03, which is comparable to the FBALX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of SNXFX and FBALX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.03
1.86
SNXFX
FBALX

Dividends

SNXFX vs. FBALX - Dividend Comparison

SNXFX has not paid dividends to shareholders, while FBALX's dividend yield for the trailing twelve months is around 1.34%.


TTM20232022202120202019201820172016201520142013
SNXFX
Schwab 1000 Index Fund
0.00%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
1.34%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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.09%
-4.06%
SNXFX
FBALX

Volatility

SNXFX vs. FBALX - Volatility Comparison

Schwab 1000 Index Fund (SNXFX) has a higher volatility of 4.18% compared to Fidelity Balanced Fund (FBALX) at 2.88%. 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.18%
2.88%
SNXFX
FBALX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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