FTRBX vs. BRK-B
FTRBX (Federated Hermes Total Return Bond Fund Institutional Shares) is Intermediate Core Bond fund managed by Federated, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, FTRBX returned 1.95%/yr vs 13.51%/yr for BRK-B. Their -0.06 correlation means they have often moved in opposite directions in the past.
Performance
FTRBX vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, FTRBX achieves a -0.97% return, which is significantly lower than BRK-B's 2.90% return. Over the past 10 years, FTRBX has underperformed BRK-B with an annualized return of 1.95%, while BRK-B has yielded a comparatively higher 13.51% annualized return.
FTRBX
- 1D
- 0.22%
- 1M
- -1.17%
- 6M
- -0.81%
- YTD
- -0.97%
- 1Y
- 1.80%
- 3Y*
- 4.18%
- 5Y*
- -0.25%
- 10Y*
- 1.95%
- ALL TIME*
- 4.56%
BRK-B
- 1D
- 0.80%
- 1M
- 1.86%
- 6M
- 4.76%
- YTD
- 2.90%
- 1Y
- 12.66%
- 3Y*
- 13.90%
- 5Y*
- 13.04%
- 10Y*
- 13.51%
- ALL TIME*
- 10.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.12B | $2.06B | $2.40B | |
| $0.00 | $0.00 | $0.00 |
FTRBX vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTRBX Federated Hermes Total Return Bond Fund Institutional Shares | -0.97% | 7.60% | 2.03% | 5.20% | -13.13% | -0.21% | 9.52% | 9.75% | -0.85% | 4.41% |
BRK-B Berkshire Hathaway Inc. | 2.90% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between FTRBX and BRK-B is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.05 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1996 | -0.06 |
The correlation between FTRBX and BRK-B shifts across timeframes, from -0.06 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FTRBX vs. BRK-B — Risk / Return Rank
FTRBX
BRK-B
FTRBX vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTRBX | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.16 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 1.35 | -0.32 |
| Martin ratioReturn relative to average drawdown | 2.67 | 2.83 | -0.17 |
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Drawdowns
FTRBX vs. BRK-B - Drawdown Comparison
The maximum FTRBX drawdown since its inception was -17.49%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for FTRBX and BRK-B.
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Drawdown Indicators
| FTRBX | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.49% | -53.86% | +36.37% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -9.42% | +6.62% |
Max Drawdown (3Y)Largest decline over 3 years | -5.23% | -14.95% | +9.72% |
Max Drawdown (5Y)Largest decline over 5 years | -17.49% | -26.58% | +9.09% |
Max Drawdown (10Y)Largest decline over 10 years | -17.49% | -29.57% | +12.08% |
Current DrawdownCurrent decline from peak | -2.19% | -4.18% | +1.99% |
Average DrawdownAverage peak-to-trough decline | -2.03% | -11.06% | +9.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 4.48% | -3.40% |
Volatility
FTRBX vs. BRK-B - Volatility Comparison
The current volatility for Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX) is 1.07%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.38%. This indicates that FTRBX 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.
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Volatility by Period
| FTRBX | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 4.38% | -3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | 11.05% | -8.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.97% | 14.78% | -10.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 17.11% | -11.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.81% | 19.42% | -14.61% |
Dividends
FTRBX vs. BRK-B - Dividend Comparison
FTRBX's dividend yield for the trailing twelve months is around 4.21%, 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% |
FTRBX Federated Hermes Total Return Bond Fund Institutional Shares | 4.21% | 4.52% | 4.47% | 3.84% | 2.47% | 3.43% | 4.66% | 3.38% | 3.49% | 3.21% | 3.35% | 3.53% |
Frequently Asked Questions
FTRBX and BRK-B have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRK-B has higher volatility (4.38%) compared to FTRBX (1.07%). In terms of maximum drawdown, FTRBX dropped -17.49% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (0.88 vs 0.73), 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.
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