TIBAX vs. FABLX
Compare and contrast key facts about Thornburg Investment Income Builder Fund (TIBAX) and Fidelity Advisor Balanced Fund Class A (FABLX).
TIBAX is managed by Thornburg. It was launched on Dec 23, 2002. FABLX is managed by Fidelity. It was launched on Sep 3, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIBAX or FABLX.
Key characteristics
| TIBAX | FABLX | |
|---|---|---|
| YTD Return | 10.79% | 15.12% |
| 1Y Return | 18.68% | 21.52% |
| 3Y Return (Ann) | 7.40% | 4.39% |
| 5Y Return (Ann) | 8.02% | 11.06% |
| 10Y Return (Ann) | 6.69% | 9.34% |
| Sharpe Ratio | 2.39 | 2.81 |
| Sortino Ratio | 3.35 | 4.02 |
| Omega Ratio | 1.44 | 1.55 |
| Calmar Ratio | 4.10 | 3.30 |
| Martin Ratio | 15.34 | 18.05 |
| Ulcer Index | 1.30% | 1.30% |
| Daily Std Dev | 8.37% | 8.39% |
| Max Drawdown | -46.73% | -43.91% |
| Current Drawdown | -4.68% | -0.86% |
Correlation
The correlation between TIBAX and FABLX is 0.78, 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
TIBAX vs. FABLX - Performance Comparison
In the year-to-date period, TIBAX achieves a 10.79% return, which is significantly lower than FABLX's 15.12% return. Over the past 10 years, TIBAX has underperformed FABLX with an annualized return of 6.69%, while FABLX has yielded a comparatively higher 9.34% annualized return. 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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TIBAX vs. FABLX - Expense Ratio Comparison
TIBAX has a 1.14% expense ratio, which is higher than FABLX's 0.81% expense ratio.
Risk-Adjusted Performance
TIBAX vs. FABLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Investment Income Builder Fund (TIBAX) and Fidelity Advisor Balanced Fund Class A (FABLX). 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
TIBAX vs. FABLX - Dividend Comparison
TIBAX's dividend yield for the trailing twelve months is around 4.42%, more than FABLX's 4.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIBAX Thornburg Investment Income Builder Fund | 4.42% | 4.67% | 5.62% | 5.10% | 4.11% | 4.23% | 4.49% | 4.22% | 3.83% | 4.31% | 5.20% | 4.61% |
FABLX Fidelity Advisor Balanced Fund Class A | 4.25% | 1.40% | 1.10% | 0.50% | 0.95% | 1.32% | 1.39% | 1.23% | 1.20% | 5.34% | 7.92% | 5.65% |
Drawdowns
TIBAX vs. FABLX - Drawdown Comparison
The maximum TIBAX drawdown since its inception was -46.73%, which is greater than FABLX's maximum drawdown of -43.91%. Use the drawdown chart below to compare losses from any high point for TIBAX and FABLX. For additional features, visit the drawdowns tool.
Volatility
TIBAX vs. FABLX - Volatility Comparison
Thornburg Investment Income Builder Fund (TIBAX) has a higher volatility of 2.06% compared to Fidelity Advisor Balanced Fund Class A (FABLX) at 0.95%. This indicates that TIBAX's price experiences larger fluctuations and is considered to be riskier than FABLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.