VS
When evaluating costs, FBAL features a management fee (MER) of 0.37%, compared to 0.29% for VRIF. Performance-wise, FBAL has returned 8.31% year-to-date with +$4 B in net flows, whereas VRIF is at 3.59% with +$66 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FBAL
VRIF
| AuM | $10,625.24 M | $370.17 M |
| Management Fees | 0.37% | 0.29% |
| Exp. ratio | 0.41% | 0.32% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FBAL | +0.20% | +0.05% | +8.31% | +7.80% | +56.69% |
VRIF | +0.06% | -0.99% | +3.59% | +3.72% | +37.31% | |
| Flows | FBAL | +$305 M | +$851 M | +$3,795 M | +$4,733 M | +$9,080 M |
VRIF | +$1 M | +$9 M | +$66 M | +$73 M | +$36 M |
FBAL vs VRIF exposure
Countries
FBAL
Exposure data will be available soon
VRIF
Canada
60.37%
USA
16.04%
Other
23.59%
Sectors
FBAL
Exposure data will be available soon
VRIF
Finance
29.08%
Sovereign
14.05%
Energy
7.62%
Municipal
7.47%
Technology
7.18%
Other
34.61%
As of October 30, 2026
Top 10 Holdings
FBAL
Exposure data will be available soon
VRIF
Royal Bank of Canada
0.71%
NVIDIA Corp.
0.56%
Apple, Inc.
0.52%
The Toronto-Dominion Bank
0.50%
Shopify, Inc.
0.47%
Canada, Bonds 2.75% 1mar2031, CAD
0.44%
Samsung Electronics Co., Ltd.
0.44%
Canada, Bonds 3% 1sep2031, CAD
0.42%
Microsoft Corp.
0.41%
Canada, Bonds 3.25% 1dec2035, CAD
0.36%
Diversification
FBAL
Exposure data will be available soon
VRIF
Total weight of top 10 holdings out of 29,900 total
4.81%
Characteristics
Compare
FBAL
VRIF
| Provider | Fidelity | Vanguard |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 3.89% |
| Meets ESG criteria | No | No |
| Inception Date | January 12, 2021 | September 9, 2020 |
Frequently asked questions about FBAL and VRIF
Which ETF has performed better year to date: FBAL or VRIF?
As of October 30, 2026, FBAL has returned 8.31% year to date, while VRIF has returned 3.59%. FBAL is ahead on YTD performance.
Which ETF is larger by assets under management: FBAL or VRIF?
As of October 30, 2026, FBAL manages $10.63 B in assets, while VRIF manages $370.17 M. FBAL is the larger fund by AUM.
How are FBAL and VRIF managed?
FBAL is actively managed by Fidelity. It does not track an index. VRIF is actively managed by Vanguard. It does not track an index.
Which ETF is attracting more investor flows: FBAL or VRIF?
Year to date, FBAL has seen +$3,795.49 M in net flows, compared with +$66.01 M for VRIF. FBAL has attracted more net investor money so far.
How do the fees of FBAL and VRIF compare?
FBAL has an expense ratio of 0.41%, while VRIF has an expense ratio of 0.32%.
Recent articles about FBAL and VRIF
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