FPCGX vs. BRK-B

Last updated Jun 3, 2026

FPCGX (Fort Pitt Capital Total Return Fund) is Large Cap Blend Equities fund managed by Fort Pitt Capital Funds, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, FPCGX returned 13.16%/yr vs 12.91%/yr for BRK-B. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

FPCGX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fort Pitt Capital Total Return Fund (FPCGX) 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, FPCGX achieves a 8.29% return, which is significantly higher than BRK-B's -5.43% return. Both investments have delivered pretty close results over the past 10 years, with FPCGX having a 13.16% annualized return and BRK-B not far behind at 12.91%.

FPCGX

• 1D: 0.00%
• 1M: 0.86%
• YTD: 8.29%
• 6M: 9.86%
• 1Y: 32.99%
• 3Y*: 21.08%
• 5Y*: 11.23%
• 10Y*: 13.16%

BRK-B

• 1D: 0.82%
• 1M: 1.46%
• YTD: -5.43%
• 6M: -5.61%
• 1Y: -4.51%
• 3Y*: 13.00%
• 5Y*: 10.20%
• 10Y*: 12.91%

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

FPCGX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FPCGX Fort Pitt Capital Total Return Fund	8.29%	21.28%	17.18%	20.94%	-18.85%	22.96%	9.07%	27.43%	-5.43%	21.91%
BRK-B Berkshire Hathaway Inc.	-5.43%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between FPCGX and BRK-B is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jan 4, 2002	0.54

Over the past year, the correlation between FPCGX and BRK-B has dropped to 0.09 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Return for Risk

FPCGX vs. BRK-B — Risk / Return Rank

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

FPCGX

FPCGX Risk / Return Rank: 39
FPCGX Sharpe Ratio Rank: 41
FPCGX Sortino Ratio Rank: 40
FPCGX Omega Ratio Rank: 37
FPCGX Calmar Ratio Rank: 37
FPCGX Martin Ratio Rank: 41

BRK-B

BRK-B Risk / Return Rank: 23
BRK-B Sharpe Ratio Rank: 27
BRK-B Sortino Ratio Rank: 22
BRK-B Omega Ratio Rank: 23
BRK-B Calmar Ratio Rank: 24
BRK-B Martin Ratio Rank: 20

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.

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

This table presents a comparison of risk-adjusted performance metrics for Fort Pitt Capital Total Return Fund (FPCGX) 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.

	FPCGX	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.89	-0.32	+2.20
Sortino ratio Return per unit of downside risk	2.64	-0.34	+2.98
Omega ratio Gain probability vs. loss probability	1.33	0.96	+0.37
Calmar ratio Return relative to maximum drawdown	2.32	-0.48	+2.80
Martin ratio Return relative to average drawdown	8.89	-1.02	+9.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FPCGX vs. BRK-B - Sharpe Ratio Comparison

The current FPCGX Sharpe Ratio is 1.89, which is higher than the BRK-B Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of FPCGX 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

	FPCGX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	-0.32	+2.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.60	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.67	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.48	+0.02

Drawdowns

FPCGX vs. BRK-B - Drawdown Comparison

The maximum FPCGX drawdown since its inception was -56.63%, 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 FPCGX and BRK-B.

Drawdown Indicators

	FPCGX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-56.63%	-53.86%	-2.77%
Max Drawdown (1Y) Largest decline over 1 year	-13.37%	-9.42%	-3.95%
Max Drawdown (3Y) Largest decline over 3 years	-30.11%	-14.95%	-15.16%
Max Drawdown (5Y) Largest decline over 5 years	-30.11%	-26.58%	-3.53%
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	-29.57%	-7.75%
Current Drawdown Current decline from peak	-2.34%	-11.94%	+9.60%
Average Drawdown Average peak-to-trough decline	-8.83%	-11.07%	+2.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	4.57%	-1.08%

Volatility

FPCGX vs. BRK-B - Volatility Comparison

Fort Pitt Capital Total Return Fund (FPCGX) has a higher volatility of 5.70% compared to Berkshire Hathaway Inc. (BRK-B) at 3.75%. This indicates that FPCGX'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

	FPCGX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	3.75%	+1.95%
Volatility (6M) Calculated over the trailing 6-month period	13.01%	10.68%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	16.59%	14.33%	+2.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.71%	17.11%	+4.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.19%	19.43%	+1.76%

Dividends

FPCGX vs. BRK-B - Dividend Comparison

FPCGX's dividend yield for the trailing twelve months is around 32.80%, 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%
FPCGX Fort Pitt Capital Total Return Fund	32.80%	21.91%	20.03%	18.23%	8.97%	6.95%	0.88%	8.21%	7.16%	2.16%	3.52%	5.38%

Frequently Asked Questions

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

FPCGX and BRK-B have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FPCGX or BRK-B?

FPCGX has higher volatility (5.70%) compared to BRK-B (3.75%). In terms of maximum drawdown, FPCGX dropped -56.63% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

FPCGX currently has the higher Sharpe Ratio (1.89 vs -0.32), 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.