^DWRTF vs. BRK-A

Last updated Jun 5, 2026

^DWRTF (Dow Jones U.S. Select REIT Index) is an index, while BRK-A (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, ^DWRTF returned 1.88%/yr vs 13.21%/yr for BRK-A. At a 0.49 correlation, their price movements are largely independent.

Performance

^DWRTF vs. BRK-A - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones U.S. Select REIT Index (^DWRTF) and Berkshire Hathaway Inc. (BRK-A). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^DWRTF achieves a 12.26% return, which is significantly higher than BRK-A's -2.82% return. Over the past 10 years, ^DWRTF has underperformed BRK-A with an annualized return of 1.88%, while BRK-A has yielded a comparatively higher 13.21% annualized return.

^DWRTF

• 1D: 1.39%
• 1M: -1.10%
• YTD: 12.26%
• 6M: 10.56%
• 1Y: 13.42%
• 3Y*: 8.03%
• 5Y*: 1.09%
• 10Y*: 1.88%

BRK-A

• 1D: 2.11%
• 1M: 3.91%
• YTD: -2.82%
• 6M: -2.94%
• 1Y: 0.08%
• 3Y*: 13.01%
• 5Y*: 10.81%
• 10Y*: 13.21%

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

^DWRTF vs. BRK-A - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^DWRTF Dow Jones U.S. Select REIT Index	12.26%	-0.33%	4.06%	9.32%	-28.53%	41.64%	-14.64%	18.60%	-8.02%	-0.08%
BRK-A Berkshire Hathaway Inc.	-2.82%	10.85%	25.49%	15.77%	4.00%	29.57%	2.42%	10.98%	2.82%	21.91%

Correlation

The correlation between ^DWRTF and BRK-A is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.43
Correlation (All Time) Calculated using the full available price history since May 19, 2010	0.49

The correlation between ^DWRTF and BRK-A shifts across timeframes, from 0.36 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.

Return for Risk

^DWRTF vs. BRK-A — Risk / Return Rank

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

^DWRTF

^DWRTF Risk / Return Rank: 44
^DWRTF Sharpe Ratio Rank: 42
^DWRTF Sortino Ratio Rank: 41
^DWRTF Omega Ratio Rank: 42
^DWRTF Calmar Ratio Rank: 46
^DWRTF Martin Ratio Rank: 48

BRK-A

BRK-A Risk / Return Rank: 38
BRK-A Sharpe Ratio Rank: 42
BRK-A Sortino Ratio Rank: 33
BRK-A Omega Ratio Rank: 33
BRK-A Calmar Ratio Rank: 42
BRK-A Martin Ratio Rank: 42

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.

^DWRTF vs. BRK-A - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Select REIT Index (^DWRTF) and Berkshire Hathaway Inc. (BRK-A). 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.

	^DWRTF	BRK-A	Difference
Sharpe ratio: Return per unit of total volatility	0.98	0.01	+0.97
Sortino ratio: Return per unit of downside risk	1.39	0.10	+1.29
Omega ratio: Gain probability vs. loss probability	1.17	1.01	+0.16
Calmar ratio: Return relative to maximum drawdown	1.64	0.01	+1.63
Martin ratio: Return relative to average drawdown	5.11	0.02	+5.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^DWRTF vs. BRK-A - Sharpe Ratio Comparison

The current ^DWRTF Sharpe Ratio is 0.98, which is higher than the BRK-A Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of ^DWRTF and BRK-A, 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

	^DWRTF	BRK-A	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.01	+0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.63	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.70	-0.61
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.82	-0.60

Drawdowns

^DWRTF vs. BRK-A - Drawdown Comparison

The maximum ^DWRTF drawdown since its inception was -44.52%, smaller than the maximum BRK-A drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for ^DWRTF and BRK-A.

Drawdown Indicators

	^DWRTF	BRK-A	Difference
Max Drawdown Largest peak-to-trough decline	-44.52%	-51.47%	+6.95%
Max Drawdown (1Y) Largest decline over 1 year	-8.04%	-9.12%	+1.08%
Max Drawdown (3Y) Largest decline over 3 years	-19.92%	-14.43%	-5.49%
Max Drawdown (5Y) Largest decline over 5 years	-36.72%	-25.98%	-10.74%
Max Drawdown (10Y) Largest decline over 10 years	-44.52%	-30.43%	-14.09%
Current Drawdown Current decline from peak	-9.03%	-9.37%	+0.34%
Average Drawdown Average peak-to-trough decline	-11.71%	-9.52%	-2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	4.40%	-1.83%

Volatility

^DWRTF vs. BRK-A - Volatility Comparison

Dow Jones U.S. Select REIT Index (^DWRTF) has a higher volatility of 4.36% compared to Berkshire Hathaway Inc. (BRK-A) at 4.03%. This indicates that ^DWRTF's price experiences larger fluctuations and is considered to be riskier than BRK-A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^DWRTF	BRK-A	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	4.03%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	9.52%	10.64%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	13.43%	13.96%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.11%	17.17%	+1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.53%	18.99%	+2.54%

Frequently Asked Questions

Can I hold both ^DWRTF and BRK-A in my portfolio?

^DWRTF and BRK-A have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ^DWRTF or BRK-A?

^DWRTF has higher volatility (4.36%) compared to BRK-A (4.03%). In terms of maximum drawdown, ^DWRTF dropped -44.52% vs BRK-A's -51.47%.

Which has better risk-adjusted returns?

^DWRTF currently has the higher Sharpe Ratio (0.98 vs 0.01), 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.