FDEEX vs. BRK-B

Last updated Jun 3, 2026

FDEEX (Fidelity Freedom 2055 Fund) is Target Retirement Date fund managed by Fidelity, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, FDEEX returned 12.24%/yr vs 12.82%/yr for BRK-B. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

FDEEX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2055 Fund (FDEEX) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDEEX achieves a 13.16% return, which is significantly higher than BRK-B's -6.20% return. Both investments have delivered pretty close results over the past 10 years, with FDEEX having a 12.24% annualized return and BRK-B not far ahead at 12.82%.

FDEEX

• 1D: 0.29%
• 1M: 4.04%
• YTD: 13.16%
• 6M: 15.49%
• 1Y: 30.81%
• 3Y*: 20.47%
• 5Y*: 9.95%
• 10Y*: 12.24%

BRK-B

• 1D: 0.26%
• 1M: -0.32%
• YTD: -6.20%
• 6M: -6.94%
• 1Y: -6.23%
• 3Y*: 12.69%
• 5Y*: 10.06%
• 10Y*: 12.82%

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

FDEEX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDEEX Fidelity Freedom 2055 Fund	13.16%	23.74%	14.02%	20.55%	-19.19%	16.57%	18.26%	25.35%	-8.92%	22.32%
BRK-B Berkshire Hathaway Inc.	-6.20%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between FDEEX and BRK-B is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jun 3, 2011	0.63

Over the past year, the correlation between FDEEX and BRK-B has dropped to 0.10 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

Return for Risk

FDEEX vs. BRK-B — Risk / Return Rank

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

FDEEX

FDEEX Risk / Return Rank: 70
FDEEX Sharpe Ratio Rank: 73
FDEEX Sortino Ratio Rank: 67
FDEEX Omega Ratio Rank: 68
FDEEX Calmar Ratio Rank: 69
FDEEX Martin Ratio Rank: 76

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 21
BRK-B Sortino Ratio Rank: 19
BRK-B Omega Ratio Rank: 19
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 8

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.

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

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund (FDEEX) 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.

	FDEEX	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	2.48	-0.44	+2.92
Sortino ratio Return per unit of downside risk	3.41	-0.51	+3.92
Omega ratio Gain probability vs. loss probability	1.46	0.94	+0.52
Calmar ratio Return relative to maximum drawdown	3.21	-0.68	+3.89
Martin ratio Return relative to average drawdown	14.33	-1.36	+15.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDEEX vs. BRK-B - Sharpe Ratio Comparison

The current FDEEX Sharpe Ratio is 2.48, which is higher than the BRK-B Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of FDEEX and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDEEX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	-0.44	+2.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.59	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.66	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.48	+0.21

Drawdowns

FDEEX vs. BRK-B - Drawdown Comparison

The maximum FDEEX drawdown since its inception was -31.00%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for FDEEX and BRK-B.

Drawdown Indicators

	FDEEX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-31.00%	-53.86%	+22.86%
Max Drawdown (1Y) Largest decline over 1 year	-9.79%	-9.42%	-0.37%
Max Drawdown (3Y) Largest decline over 3 years	-15.39%	-14.95%	-0.44%
Max Drawdown (5Y) Largest decline over 5 years	-27.34%	-26.58%	-0.76%
Max Drawdown (10Y) Largest decline over 10 years	-31.00%	-29.57%	-1.43%
Current Drawdown Current decline from peak	0.00%	-12.65%	+12.65%
Average Drawdown Average peak-to-trough decline	-4.84%	-11.07%	+6.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	4.73%	-2.54%

Volatility

FDEEX vs. BRK-B - Volatility Comparison

Fidelity Freedom 2055 Fund (FDEEX) has a higher volatility of 4.25% compared to Berkshire Hathaway Inc. (BRK-B) at 3.79%. This indicates that FDEEX's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDEEX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	3.79%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	10.53%	10.68%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	14.31%	-1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.01%	17.11%	-2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.38%	19.43%	-4.05%

Dividends

FDEEX vs. BRK-B - Dividend Comparison

FDEEX's dividend yield for the trailing twelve months is around 5.00%, while BRK-B has not paid dividends to shareholders.

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%
FDEEX Fidelity Freedom 2055 Fund	5.00%	3.87%	1.73%	1.91%	10.33%	11.20%	4.20%	6.23%	6.68%	3.59%	3.52%	4.99%

Frequently Asked Questions

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

FDEEX and BRK-B 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, FDEEX or BRK-B?

FDEEX has higher volatility (4.25%) compared to BRK-B (3.79%). In terms of maximum drawdown, FDEEX dropped -31.00% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

FDEEX currently has the higher Sharpe Ratio (2.48 vs -0.44), 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.