BRK-B vs. FBGRX

Last updated Jun 13, 2026

BRK-B (Berkshire Hathaway Inc.) is a stock, while FBGRX (Fidelity Blue Chip Growth Fund) is Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, BRK-B returned 13.22%/yr vs 21.66%/yr for FBGRX. At a 0.42 correlation, their price movements are largely independent.

Performance

BRK-B vs. FBGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Berkshire Hathaway Inc. (BRK-B) and Fidelity Blue Chip Growth Fund (FBGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRK-B achieves a -2.67% return, which is significantly lower than FBGRX's 13.86% return. Over the past 10 years, BRK-B has underperformed FBGRX with an annualized return of 13.22%, while FBGRX has yielded a comparatively higher 21.66% annualized return.

BRK-B

• 1D: 0.71%
• 1M: 1.07%
• YTD: -2.67%
• 6M: -2.06%
• 1Y: 0.35%
• 3Y*: 13.30%
• 5Y*: 11.27%
• 10Y*: 13.22%

FBGRX

• 1D: 2.59%
• 1M: -0.87%
• YTD: 13.86%
• 6M: 15.39%
• 1Y: 38.88%
• 3Y*: 30.04%
• 5Y*: 15.33%
• 10Y*: 21.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRK-B vs. FBGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRK-B Berkshire Hathaway Inc.	-2.67%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%
FBGRX Fidelity Blue Chip Growth Fund	13.86%	19.91%	39.77%	55.61%	-38.45%	22.64%	62.20%	33.43%	1.02%	36.01%

Correlation

The correlation between BRK-B and FBGRX is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since May 9, 1996	0.42

The correlation between BRK-B and FBGRX shifts across timeframes, from -0.09 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BRK-B vs. FBGRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRK-B

BRK-B Risk / Return Rank: 39
BRK-B Sharpe Ratio Rank: 42
BRK-B Sortino Ratio Rank: 34
BRK-B Omega Ratio Rank: 33
BRK-B Calmar Ratio Rank: 42
BRK-B Martin Ratio Rank: 42

FBGRX

FBGRX Risk / Return Rank: 74
FBGRX Sharpe Ratio Rank: 75
FBGRX Sortino Ratio Rank: 67
FBGRX Omega Ratio Rank: 67
FBGRX Calmar Ratio Rank: 79
FBGRX Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRK-B vs. FBGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Fidelity Blue Chip Growth Fund (FBGRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRK-B	FBGRX	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	2.05	-2.06
Sortino ratio: Return per unit of downside risk	0.08	2.66	-2.58
Omega ratio: Gain probability vs. loss probability	1.01	1.35	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.02	2.95	-2.98
Martin ratio: Return relative to average drawdown	-0.05	12.23	-12.28

BRK-B vs. FBGRX - Sharpe Ratio Comparison

The current BRK-B Sharpe Ratio is -0.02, which is lower than the FBGRX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of BRK-B and FBGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRK-B vs. FBGRX - Drawdown Comparison

The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum FBGRX drawdown of -58.64%. Use the drawdown chart below to compare losses from any high point for BRK-B and FBGRX.

Drawdown Indicators

	BRK-B	FBGRX	Difference
Max Drawdown Largest peak-to-trough decline	-53.86%	-58.64%	+4.78%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-12.65%	+3.23%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-27.07%	+12.12%
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	-43.08%	+16.50%
Max Drawdown (10Y) Largest decline over 10 years	-29.57%	-43.08%	+13.51%
Current Drawdown Current decline from peak	-9.36%	-3.97%	-5.39%
Average Drawdown Average peak-to-trough decline	-11.07%	-12.52%	+1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.53%	3.05%	+1.48%

Volatility

BRK-B vs. FBGRX - Volatility Comparison

The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 6.86%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRK-B	FBGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	6.86%	-2.91%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	14.15%	-3.37%
Volatility (1Y) Calculated over the trailing 1-year period	14.38%	18.25%	-3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	24.99%	-7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	23.74%	-4.30%

Dividends

BRK-B vs. FBGRX - Dividend Comparison

BRK-B has not paid dividends to shareholders, while FBGRX's dividend yield for the trailing twelve months is around 1.67%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FBGRX Fidelity Blue Chip Growth Fund	1.67%	1.90%	5.95%	0.93%	0.57%	8.73%	6.40%	3.70%	6.32%	4.23%	4.05%	5.30%

Frequently Asked Questions

Can I hold both BRK-B and FBGRX in my portfolio?

BRK-B and FBGRX have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRK-B or FBGRX?

FBGRX has higher volatility (6.86%) compared to BRK-B (3.95%). In terms of maximum drawdown, BRK-B dropped -53.86% vs FBGRX's -58.64%.

Which has better risk-adjusted returns?

FBGRX currently has the higher Sharpe Ratio (2.05 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.