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^NDX vs. BRK-B
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^NDX and BRK-B is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

^NDX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NASDAQ 100 (^NDX) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

2,000.00%2,500.00%3,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,113.26%
1,853.45%
^NDX
BRK-B

Key characteristics

Sharpe Ratio

^NDX:

1.58

BRK-B:

1.90

Sortino Ratio

^NDX:

2.12

BRK-B:

2.69

Omega Ratio

^NDX:

1.29

BRK-B:

1.34

Calmar Ratio

^NDX:

2.11

BRK-B:

3.63

Martin Ratio

^NDX:

7.52

BRK-B:

8.89

Ulcer Index

^NDX:

3.80%

BRK-B:

3.10%

Daily Std Dev

^NDX:

18.07%

BRK-B:

14.48%

Max Drawdown

^NDX:

-82.90%

BRK-B:

-53.86%

Current Drawdown

^NDX:

-3.65%

BRK-B:

-6.19%

Returns By Period

The year-to-date returns for both investments are quite close, with ^NDX having a 26.53% return and BRK-B slightly higher at 27.07%. Over the past 10 years, ^NDX has outperformed BRK-B with an annualized return of 17.44%, while BRK-B has yielded a comparatively lower 11.59% annualized return.


^NDX

YTD

26.53%

1M

3.01%

6M

8.06%

1Y

27.04%

5Y*

19.69%

10Y*

17.44%

BRK-B

YTD

27.07%

1M

-3.33%

6M

10.64%

1Y

27.25%

5Y*

14.92%

10Y*

11.59%

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Risk-Adjusted Performance

^NDX vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NASDAQ 100 (^NDX) 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.


Sharpe ratio
The chart of Sharpe ratio for ^NDX, currently valued at 1.58, compared to the broader market0.001.002.001.581.90
The chart of Sortino ratio for ^NDX, currently valued at 2.12, compared to the broader market-1.000.001.002.003.002.122.69
The chart of Omega ratio for ^NDX, currently valued at 1.29, compared to the broader market0.901.001.101.201.301.401.291.34
The chart of Calmar ratio for ^NDX, currently valued at 2.11, compared to the broader market0.001.002.003.002.113.63
The chart of Martin ratio for ^NDX, currently valued at 7.52, compared to the broader market0.005.0010.0015.0020.007.528.89
^NDX
BRK-B

The current ^NDX Sharpe Ratio is 1.58, which is comparable to the BRK-B Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of ^NDX and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.58
1.90
^NDX
BRK-B

Drawdowns

^NDX vs. BRK-B - Drawdown Comparison

The maximum ^NDX drawdown since its inception was -82.90%, 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 ^NDX and BRK-B. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.65%
-6.19%
^NDX
BRK-B

Volatility

^NDX vs. BRK-B - Volatility Comparison

NASDAQ 100 (^NDX) has a higher volatility of 5.35% compared to Berkshire Hathaway Inc. (BRK-B) at 3.82%. This indicates that ^NDX'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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.35%
3.82%
^NDX
BRK-B
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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