FDSVX vs. BRK-B

Last updated Jun 9, 2026

FDSVX (Fidelity Growth Discovery Fund) is Large Cap Growth Equities fund managed by Fidelity, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, FDSVX returned 18.48%/yr vs 13.14%/yr for BRK-B. At a 0.44 correlation, their price movements are largely independent.

Performance

FDSVX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Discovery Fund (FDSVX) 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, FDSVX achieves a 9.96% return, which is significantly higher than BRK-B's -3.11% return. Over the past 10 years, FDSVX has outperformed BRK-B with an annualized return of 18.48%, while BRK-B has yielded a comparatively lower 13.14% annualized return.

FDSVX

• 1D: -4.21%
• 1M: -0.84%
• YTD: 9.96%
• 6M: 8.94%
• 1Y: 23.11%
• 3Y*: 23.39%
• 5Y*: 13.68%
• 10Y*: 18.48%

BRK-B

• 1D: -0.23%
• 1M: 2.32%
• YTD: -3.11%
• 6M: -2.06%
• 1Y: -1.32%
• 3Y*: 13.25%
• 5Y*: 11.03%
• 10Y*: 13.14%

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

FDSVX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDSVX Fidelity Growth Discovery Fund	9.96%	15.14%	30.19%	35.63%	-24.43%	22.93%	43.43%	33.77%	-0.33%	34.63%
BRK-B Berkshire Hathaway Inc.	-3.11%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between FDSVX and BRK-B is -0.05, 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	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Apr 1, 1998	0.44

The correlation between FDSVX and BRK-B shifts across timeframes, from -0.05 (1 year) to 0.45 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

FDSVX vs. BRK-B — Risk / Return Rank

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

FDSVX

FDSVX Risk / Return Rank: 29
FDSVX Sharpe Ratio Rank: 29
FDSVX Sortino Ratio Rank: 25
FDSVX Omega Ratio Rank: 28
FDSVX Calmar Ratio Rank: 30
FDSVX Martin Ratio Rank: 35

BRK-B

BRK-B Risk / Return Rank: 35
BRK-B Sharpe Ratio Rank: 38
BRK-B Sortino Ratio Rank: 30
BRK-B Omega Ratio Rank: 30
BRK-B Calmar Ratio Rank: 38
BRK-B Martin Ratio Rank: 37

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.

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

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund (FDSVX) 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.

	FDSVX	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.45	-0.09	+1.54
Sortino ratio: Return per unit of downside risk	1.97	-0.03	+2.00
Omega ratio: Gain probability vs. loss probability	1.26	1.00	+0.27
Calmar ratio: Return relative to maximum drawdown	1.96	-0.14	+2.10
Martin ratio: Return relative to average drawdown	7.42	-0.30	+7.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDSVX vs. BRK-B - Sharpe Ratio Comparison

The current FDSVX Sharpe Ratio is 1.45, which is higher than the BRK-B Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of FDSVX 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

	FDSVX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	-0.09	+1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.65	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	0.68	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.48	+0.05

Drawdowns

FDSVX vs. BRK-B - Drawdown Comparison

The maximum FDSVX drawdown since its inception was -59.34%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for FDSVX and BRK-B.

Drawdown Indicators

	FDSVX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-59.34%	-53.86%	-5.48%
Max Drawdown (1Y) Largest decline over 1 year	-12.53%	-9.42%	-3.11%
Max Drawdown (3Y) Largest decline over 3 years	-23.42%	-14.95%	-8.47%
Max Drawdown (5Y) Largest decline over 5 years	-29.83%	-26.58%	-3.25%
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	-29.57%	-1.52%
Current Drawdown Current decline from peak	-4.76%	-9.78%	+5.02%
Average Drawdown Average peak-to-trough decline	-12.60%	-11.07%	-1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	4.49%	-1.19%

Volatility

FDSVX vs. BRK-B - Volatility Comparison

Fidelity Growth Discovery Fund (FDSVX) has a higher volatility of 5.96% compared to Berkshire Hathaway Inc. (BRK-B) at 3.98%. This indicates that FDSVX'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

	FDSVX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.96%	3.98%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	13.47%	10.87%	+2.60%
Volatility (1Y) Calculated over the trailing 1-year period	16.91%	14.38%	+2.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.43%	17.13%	+3.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.63%	19.44%	+1.19%

Dividends

FDSVX vs. BRK-B - Dividend Comparison

FDSVX's dividend yield for the trailing twelve months is around 1.44%, 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%
FDSVX Fidelity Growth Discovery Fund	1.44%	1.58%	12.81%	2.55%	3.65%	13.46%	9.63%	4.28%	5.02%	4.87%	0.09%	0.17%

Frequently Asked Questions

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

FDSVX and BRK-B have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDSVX or BRK-B?

FDSVX has higher volatility (5.96%) compared to BRK-B (3.98%). In terms of maximum drawdown, FDSVX dropped -59.34% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

FDSVX currently has the higher Sharpe Ratio (1.45 vs -0.09), 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.