PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FBAKX vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.6

Performance

FBAKX vs. BRK-B - Performance Comparison

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

300.00%350.00%400.00%450.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
311.72%
457.44%
FBAKX
BRK-B

Key characteristics

Sharpe Ratio

FBAKX:

1.86

BRK-B:

1.90

Sortino Ratio

FBAKX:

2.59

BRK-B:

2.69

Omega Ratio

FBAKX:

1.34

BRK-B:

1.34

Calmar Ratio

FBAKX:

3.14

BRK-B:

3.63

Martin Ratio

FBAKX:

12.02

BRK-B:

8.89

Ulcer Index

FBAKX:

1.38%

BRK-B:

3.10%

Daily Std Dev

FBAKX:

8.88%

BRK-B:

14.48%

Max Drawdown

FBAKX:

-40.94%

BRK-B:

-53.86%

Current Drawdown

FBAKX:

-4.06%

BRK-B:

-6.19%

Returns By Period

In the year-to-date period, FBAKX achieves a 15.27% return, which is significantly lower than BRK-B's 27.07% return. Over the past 10 years, FBAKX has underperformed BRK-B with an annualized return of 9.80%, while BRK-B has yielded a comparatively higher 11.59% annualized return.


FBAKX

YTD

15.27%

1M

-1.42%

6M

4.38%

1Y

15.78%

5Y*

10.54%

10Y*

9.80%

BRK-B

YTD

27.07%

1M

-3.33%

6M

10.64%

1Y

27.25%

5Y*

14.92%

10Y*

11.59%

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.


Sharpe ratio
The chart of Sharpe ratio for FBAKX, currently valued at 1.86, compared to the broader market-1.000.001.002.003.004.001.861.90
The chart of Sortino ratio for FBAKX, currently valued at 2.59, compared to the broader market-2.000.002.004.006.008.0010.002.592.69
The chart of Omega ratio for FBAKX, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.003.501.341.34
The chart of Calmar ratio for FBAKX, currently valued at 3.14, compared to the broader market0.002.004.006.008.0010.0012.0014.003.143.63
The chart of Martin ratio for FBAKX, currently valued at 12.02, compared to the broader market0.0020.0040.0060.0012.028.89
FBAKX
BRK-B

The current FBAKX Sharpe Ratio is 1.86, which is comparable to the BRK-B Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of FBAKX and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.86
1.90
FBAKX
BRK-B

Dividends

FBAKX vs. BRK-B - Dividend Comparison

FBAKX's dividend yield for the trailing twelve months is around 1.39%, while BRK-B has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FBAKX
Fidelity Balanced Fund Class K
1.39%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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.06%
-6.19%
FBAKX
BRK-B

Volatility

FBAKX vs. BRK-B - Volatility Comparison

The current volatility for Fidelity Balanced Fund Class K (FBAKX) is 2.90%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.82%. 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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
2.90%
3.82%
FBAKX
BRK-B
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab