FBAKX vs. BRK-B
Compare and contrast key facts about Fidelity Balanced Fund Class K (FBAKX) and Berkshire Hathaway Inc. (BRK-B).
FBAKX 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: FBAKX or BRK-B.
Key characteristics
| FBAKX | BRK-B | |
|---|---|---|
| YTD Return | 17.28% | 31.13% |
| 1Y Return | 24.22% | 31.09% |
| 3Y Return (Ann) | 4.96% | 18.05% |
| 5Y Return (Ann) | 12.06% | 16.35% |
| 10Y Return (Ann) | 10.18% | 12.42% |
| Sharpe Ratio | 2.79 | 2.23 |
| Sortino Ratio | 3.94 | 3.13 |
| Omega Ratio | 1.52 | 1.40 |
| Calmar Ratio | 3.21 | 4.22 |
| Martin Ratio | 18.35 | 11.05 |
| Ulcer Index | 1.30% | 2.90% |
| Daily Std Dev | 8.56% | 14.34% |
| Max Drawdown | -40.94% | -53.86% |
| Current Drawdown | -0.79% | -2.27% |
Correlation
The correlation between FBAKX and BRK-B is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FBAKX vs. BRK-B - Performance Comparison
In the year-to-date period, FBAKX achieves a 17.28% return, which is significantly lower than BRK-B's 31.13% return. Over the past 10 years, FBAKX has underperformed BRK-B with an annualized return of 10.18%, while BRK-B has yielded a comparatively higher 12.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
FBAKX vs. BRK-B - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund Class K (FBAKX) and Berkshire Hathaway Inc. (BRK-B). 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
FBAKX vs. BRK-B - Dividend Comparison
FBAKX's dividend yield for the trailing twelve months is around 1.83%, while BRK-B has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | 1.83% | 1.77% | 1.56% | 0.96% | 1.36% | 1.77% | 1.96% | 1.66% | 1.70% | 8.48% | 10.70% | 7.47% |
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% |
Drawdowns
FBAKX vs. BRK-B - Drawdown Comparison
The maximum FBAKX drawdown since its inception was -40.94%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for FBAKX and BRK-B. For additional features, visit the drawdowns tool.
Volatility
FBAKX vs. BRK-B - Volatility Comparison
The current volatility for Fidelity Balanced Fund Class K (FBAKX) is 2.53%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 6.60%. This indicates that FBAKX experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.