BRK-B vs. FSUTX

Last updated Jun 13, 2026

BRK-B (Berkshire Hathaway Inc.) is a stock, while FSUTX (Fidelity Select Utilities Portfolio) is Utilities Equities fund managed by Fidelity. Over the past 10 years, BRK-B returned 13.22%/yr vs 11.35%/yr for FSUTX. At a 0.35 correlation, their price movements are largely independent.

Performance

BRK-B vs. FSUTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Berkshire Hathaway Inc. (BRK-B) and Fidelity Select Utilities Portfolio (FSUTX). 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 FSUTX's 3.35% return. Over the past 10 years, BRK-B has outperformed FSUTX with an annualized return of 13.22%, while FSUTX has yielded a comparatively lower 11.35% annualized return.

BRK-B

• 1D: 0.71%
• 1M: 0.77%
• YTD: -2.67%
• 6M: -2.06%
• 1Y: -0.22%
• 3Y*: 13.30%
• 5Y*: 11.27%
• 10Y*: 13.22%

FSUTX

• 1D: 0.51%
• 1M: -2.96%
• YTD: 3.35%
• 6M: 3.29%
• 1Y: 12.47%
• 3Y*: 16.47%
• 5Y*: 12.32%
• 10Y*: 11.35%

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

BRK-B vs. FSUTX - 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%
FSUTX Fidelity Select Utilities Portfolio	3.35%	16.19%	28.76%	-1.12%	5.20%	17.64%	0.75%	22.68%	8.41%	17.94%

Correlation

The correlation between BRK-B and FSUTX is 0.10, 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	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since May 9, 1996	0.35

Over the past year, the correlation between BRK-B and FSUTX has dropped to 0.10 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.

Return for Risk

BRK-B vs. FSUTX — 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

FSUTX

FSUTX Risk / Return Rank: 18
FSUTX Sharpe Ratio Rank: 16
FSUTX Sortino Ratio Rank: 15
FSUTX Omega Ratio Rank: 15
FSUTX Calmar Ratio Rank: 27
FSUTX Martin Ratio Rank: 16

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. FSUTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Fidelity Select Utilities Portfolio (FSUTX). 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	FSUTX	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	0.86	-0.87
Sortino ratio: Return per unit of downside risk	0.08	1.24	-1.17
Omega ratio: Gain probability vs. loss probability	1.01	1.15	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.02	1.52	-1.55
Martin ratio: Return relative to average drawdown	-0.05	3.41	-3.46

BRK-B vs. FSUTX - Sharpe Ratio Comparison

The current BRK-B Sharpe Ratio is -0.02, which is lower than the FSUTX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of BRK-B and FSUTX, 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. FSUTX - Drawdown Comparison

The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum FSUTX drawdown of -66.73%. Use the drawdown chart below to compare losses from any high point for BRK-B and FSUTX.

Drawdown Indicators

	BRK-B	FSUTX	Difference
Max Drawdown Largest peak-to-trough decline	-53.86%	-66.73%	+12.87%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-9.21%	-0.21%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-15.20%	+0.25%
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	-20.15%	-6.43%
Max Drawdown (10Y) Largest decline over 10 years	-29.57%	-37.61%	+8.04%
Current Drawdown Current decline from peak	-9.36%	-7.63%	-1.73%
Average Drawdown Average peak-to-trough decline	-11.07%	-11.25%	+0.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.53%	4.11%	+0.42%

Volatility

BRK-B vs. FSUTX - Volatility Comparison

The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while Fidelity Select Utilities Portfolio (FSUTX) has a volatility of 5.96%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than FSUTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRK-B	FSUTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	5.96%	-2.01%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	13.09%	-2.31%
Volatility (1Y) Calculated over the trailing 1-year period	14.38%	16.35%	-1.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	17.42%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	19.40%	+0.04%

Dividends

BRK-B vs. FSUTX - Dividend Comparison

BRK-B has not paid dividends to shareholders, while FSUTX's dividend yield for the trailing twelve months is around 5.08%.

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%
FSUTX Fidelity Select Utilities Portfolio	5.08%	6.61%	6.50%	3.52%	4.67%	2.68%	4.86%	2.29%	8.37%	5.61%	2.51%	4.47%

Frequently Asked Questions

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

BRK-B and FSUTX have a correlation of 0.10, 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 FSUTX?

FSUTX has higher volatility (5.96%) compared to BRK-B (3.95%). In terms of maximum drawdown, BRK-B dropped -53.86% vs FSUTX's -66.73%.

Which has better risk-adjusted returns?

FSUTX currently has the higher Sharpe Ratio (0.86 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.