SWEGX vs. FBALX
Compare and contrast key facts about Schwab MarketTrack All Equity Portfolio™ (SWEGX) and Fidelity Balanced Fund (FBALX).
SWEGX is managed by Charles Schwab. It was launched on May 19, 1998. 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: SWEGX or FBALX.
Key characteristics
| SWEGX | FBALX | |
|---|---|---|
| YTD Return | 18.17% | 17.80% |
| 1Y Return | 31.24% | 26.46% |
| 3Y Return (Ann) | 6.12% | 5.04% |
| 5Y Return (Ann) | 11.24% | 11.76% |
| 10Y Return (Ann) | 9.43% | 9.85% |
| Sharpe Ratio | 2.51 | 3.08 |
| Sortino Ratio | 3.32 | 4.36 |
| Omega Ratio | 1.51 | 1.59 |
| Calmar Ratio | 3.22 | 3.01 |
| Martin Ratio | 17.66 | 20.38 |
| Ulcer Index | 1.76% | 1.30% |
| Daily Std Dev | 12.40% | 8.63% |
| Max Drawdown | -57.57% | -42.81% |
| Current Drawdown | 0.00% | -0.29% |
Correlation
The correlation between SWEGX and FBALX is 0.92, 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
SWEGX vs. FBALX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWEGX having a 18.17% return and FBALX slightly lower at 17.80%. Both investments have delivered pretty close results over the past 10 years, with SWEGX having a 9.43% annualized return and FBALX not far ahead at 9.85%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWEGX vs. FBALX - Expense Ratio Comparison
SWEGX has a 0.39% expense ratio, which is lower than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
SWEGX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack All Equity Portfolio™ (SWEGX) 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
SWEGX vs. FBALX - Dividend Comparison
SWEGX's dividend yield for the trailing twelve months is around 1.55%, less than FBALX's 4.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWEGX Schwab MarketTrack All Equity Portfolio™ | 1.55% | 1.83% | 1.60% | 1.91% | 1.08% | 2.78% | 2.22% | 1.75% | 1.85% | 3.55% | 1.37% | 1.61% |
FBALX Fidelity Balanced Fund | 4.54% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% | 7.31% |
Drawdowns
SWEGX vs. FBALX - Drawdown Comparison
The maximum SWEGX drawdown since its inception was -57.57%, which is greater than FBALX's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for SWEGX and FBALX. For additional features, visit the drawdowns tool.
Volatility
SWEGX vs. FBALX - Volatility Comparison
Schwab MarketTrack All Equity Portfolio™ (SWEGX) has a higher volatility of 3.16% compared to Fidelity Balanced Fund (FBALX) at 2.58%. This indicates that SWEGX'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.