SWOBX vs. FBALX
Compare and contrast key facts about Schwab Balanced Fund™ (SWOBX) and Fidelity Balanced Fund (FBALX).
SWOBX is managed by Charles Schwab. It was launched on Nov 17, 1996. 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: SWOBX or FBALX.
Correlation
The correlation between SWOBX and FBALX is 0.76, 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
SWOBX vs. FBALX - Performance Comparison
Key characteristics
SWOBX:
1.04
FBALX:
1.86
SWOBX:
1.42
FBALX:
2.59
SWOBX:
1.20
FBALX:
1.34
SWOBX:
0.55
FBALX:
3.11
SWOBX:
5.28
FBALX:
11.94
SWOBX:
1.91%
FBALX:
1.38%
SWOBX:
9.68%
FBALX:
8.83%
SWOBX:
-41.46%
FBALX:
-42.81%
SWOBX:
-6.28%
FBALX:
-4.06%
Returns By Period
In the year-to-date period, SWOBX achieves a 12.81% return, which is significantly lower than FBALX's 15.17% return. Over the past 10 years, SWOBX has underperformed FBALX with an annualized return of 3.20%, while FBALX has yielded a comparatively higher 9.43% annualized return.
SWOBX
12.81%
-0.62%
4.22%
9.23%
3.25%
3.20%
FBALX
15.17%
-1.46%
4.34%
15.69%
10.45%
9.43%
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SWOBX vs. FBALX - Expense Ratio Comparison
SWOBX has a 0.00% expense ratio, which is lower than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
SWOBX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Balanced Fund™ (SWOBX) 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
SWOBX vs. FBALX - Dividend Comparison
SWOBX's dividend yield for the trailing twelve months is around 1.91%, more than FBALX's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWOBX Schwab Balanced Fund™ | 1.91% | 2.15% | 1.72% | 4.50% | 1.06% | 1.42% | 2.66% | 3.08% | 1.57% | 2.30% | 2.24% | 1.42% |
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
SWOBX vs. FBALX - Drawdown Comparison
The maximum SWOBX drawdown since its inception was -41.46%, roughly equal to the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for SWOBX and FBALX. For additional features, visit the drawdowns tool.
Volatility
SWOBX vs. FBALX - Volatility Comparison
Schwab Balanced Fund™ (SWOBX) and Fidelity Balanced Fund (FBALX) have volatilities of 2.87% and 2.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.