VWELX vs. FBALX
Compare and contrast key facts about Vanguard Wellington Fund Investor Shares (VWELX) and Fidelity Balanced Fund (FBALX).
VWELX is managed by Vanguard. It was launched on Jul 1, 1929. 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: VWELX or FBALX.
Performance
VWELX vs. FBALX - Performance Comparison
Returns By Period
In the year-to-date period, VWELX achieves a 14.43% return, which is significantly lower than FBALX's 15.98% return. Over the past 10 years, VWELX has underperformed FBALX with an annualized return of 8.43%, while FBALX has yielded a comparatively higher 9.65% annualized return.
VWELX
14.43%
-0.09%
6.87%
20.28%
8.58%
8.43%
FBALX
15.98%
-0.40%
7.59%
22.20%
11.28%
9.65%
Key characteristics
| VWELX | FBALX | |
|---|---|---|
| Sharpe Ratio | 2.50 | 2.66 |
| Sortino Ratio | 3.46 | 3.75 |
| Omega Ratio | 1.47 | 1.50 |
| Calmar Ratio | 2.93 | 3.15 |
| Martin Ratio | 17.19 | 17.45 |
| Ulcer Index | 1.21% | 1.31% |
| Daily Std Dev | 8.34% | 8.58% |
| Max Drawdown | -36.12% | -42.81% |
| Current Drawdown | -1.71% | -1.83% |
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VWELX vs. FBALX - Expense Ratio Comparison
VWELX has a 0.24% expense ratio, which is lower than FBALX's 0.51% expense ratio.
Correlation
The correlation between VWELX and FBALX is 0.88, 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
VWELX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Wellington Fund Investor Shares (VWELX) 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
VWELX vs. FBALX - Dividend Comparison
VWELX's dividend yield for the trailing twelve months is around 5.45%, more than FBALX's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWELX Vanguard Wellington Fund Investor Shares | 5.45% | 6.01% | 2.25% | 1.71% | 2.07% | 2.53% | 3.00% | 2.45% | 2.56% | 3.25% | 2.55% | 2.50% |
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
VWELX vs. FBALX - Drawdown Comparison
The maximum VWELX drawdown since its inception was -36.12%, smaller than the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for VWELX and FBALX. For additional features, visit the drawdowns tool.
Volatility
VWELX vs. FBALX - Volatility Comparison
Vanguard Wellington Fund Investor Shares (VWELX) and Fidelity Balanced Fund (FBALX) have volatilities of 2.80% and 2.76%, 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.