FTQGX vs. BRK-B

Last updated Jun 4, 2026

FTQGX (Fidelity Focused Stock Fund) is Large Cap Growth Equities fund managed by Fidelity, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, FTQGX returned 19.07%/yr vs 12.91%/yr for BRK-B. At a 0.44 correlation, their price movements are largely independent.

Performance

FTQGX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Focused Stock Fund (FTQGX) 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, FTQGX achieves a 26.34% return, which is significantly higher than BRK-B's -5.43% return. Over the past 10 years, FTQGX has outperformed BRK-B with an annualized return of 19.07%, while BRK-B has yielded a comparatively lower 12.91% annualized return.

FTQGX

• 1D: 1.30%
• 1M: 10.43%
• YTD: 26.34%
• 6M: 25.73%
• 1Y: 52.54%
• 3Y*: 30.42%
• 5Y*: 16.78%
• 10Y*: 19.07%

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)

FTQGX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTQGX Fidelity Focused Stock Fund	26.34%	13.65%	36.95%	28.94%	-26.68%	26.91%	33.41%	31.44%	4.90%	30.66%
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 FTQGX and BRK-B is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Nov 13, 1996	0.44

The correlation between FTQGX and BRK-B shifts across timeframes, from -0.02 (1 year) to 0.46 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

FTQGX vs. BRK-B — Risk / Return Rank

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

FTQGX

FTQGX Risk / Return Rank: 80
FTQGX Sharpe Ratio Rank: 84
FTQGX Sortino Ratio Rank: 69
FTQGX Omega Ratio Rank: 67
FTQGX Calmar Ratio Rank: 87
FTQGX Martin Ratio Rank: 90

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.

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

This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused Stock Fund (FTQGX) 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.

	FTQGX	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	2.72	-0.32	+3.04
Sortino ratio Return per unit of downside risk	3.47	-0.34	+3.80
Omega ratio Gain probability vs. loss probability	1.46	0.96	+0.50
Calmar ratio Return relative to maximum drawdown	4.24	-0.48	+4.72
Martin ratio Return relative to average drawdown	18.25	-1.02	+19.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTQGX vs. BRK-B - Sharpe Ratio Comparison

The current FTQGX Sharpe Ratio is 2.72, which is higher than the BRK-B Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of FTQGX 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

	FTQGX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.72	-0.32	+3.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.60	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.89	0.67	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.48	+0.03

Drawdowns

FTQGX vs. BRK-B - Drawdown Comparison

The maximum FTQGX drawdown since its inception was -61.29%, 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 FTQGX and BRK-B.

Drawdown Indicators

	FTQGX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-61.29%	-53.86%	-7.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.76%	-9.42%	-3.34%
Max Drawdown (3Y) Largest decline over 3 years	-26.84%	-14.95%	-11.89%
Max Drawdown (5Y) Largest decline over 5 years	-32.31%	-26.58%	-5.73%
Max Drawdown (10Y) Largest decline over 10 years	-32.31%	-29.57%	-2.74%
Current Drawdown Current decline from peak	0.00%	-11.94%	+11.94%
Average Drawdown Average peak-to-trough decline	-14.19%	-11.07%	-3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	4.57%	-1.61%

Volatility

FTQGX vs. BRK-B - Volatility Comparison

Fidelity Focused Stock Fund (FTQGX) has a higher volatility of 7.14% compared to Berkshire Hathaway Inc. (BRK-B) at 3.75%. This indicates that FTQGX'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

	FTQGX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.14%	3.75%	+3.39%
Volatility (6M) Calculated over the trailing 6-month period	15.42%	10.68%	+4.74%
Volatility (1Y) Calculated over the trailing 1-year period	19.91%	14.33%	+5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.67%	17.11%	+4.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.57%	19.43%	+2.14%

Dividends

FTQGX vs. BRK-B - Dividend Comparison

FTQGX's dividend yield for the trailing twelve months is around 9.85%, 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%
FTQGX Fidelity Focused Stock Fund	9.85%	12.44%	9.94%	0.61%	7.96%	13.53%	11.41%	5.07%	14.71%	5.89%	1.08%	5.91%

Frequently Asked Questions

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

FTQGX and BRK-B have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTQGX or BRK-B?

FTQGX has higher volatility (7.14%) compared to BRK-B (3.75%). In terms of maximum drawdown, FTQGX dropped -61.29% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

FTQGX currently has the higher Sharpe Ratio (2.72 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.