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^SSMI vs. BRK-B
Performance
Return for Risk
Drawdowns
Volatility

^SSMI vs. BRK-B

Last updated Jun 24, 2026

^SSMI (Swiss Market Index) is an index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, ^SSMI returned 5.98%/yr vs 11.40%/yr for BRK-B. At a 0.37 correlation, their price movements are largely independent.

Performance

^SSMI vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in Swiss Market Index (^SSMI) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

^SSMI is traded in CHF, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to CHF using the latest available exchange rates.

Returns By Period

In the year-to-date period, ^SSMI achieves a 4.38% return, which is significantly higher than BRK-B's 0.14% return. Over the past 10 years, ^SSMI has underperformed BRK-B with an annualized return of 5.98%, while BRK-B has yielded a comparatively higher 11.40% annualized return.

^SSMI

1D
0.00%
1M
2.56%
YTD
4.38%
6M
4.57%
1Y
16.82%
3Y*
7.26%
5Y*
2.92%
10Y*
5.98%

BRK-B

1D
1.09%
1M
4.62%
YTD
0.14%
6M
1.31%
1Y
0.74%
3Y*
9.91%
5Y*
9.57%
10Y*
11.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^SSMI vs. BRK-B - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
^SSMI
Swiss Market Index		4.38%14.37%4.16%3.81%-16.67%20.29%0.82%25.95%-10.15%14.14%
BRK-B
Berkshire Hathaway Inc.		0.14%-3.11%37.11%5.12%4.73%32.75%-6.26%9.05%4.01%16.46%

Correlation

The correlation between ^SSMI and BRK-B is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.12

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.25

Correlation (10Y)
Calculated over the trailing 10-year period

0.33

Correlation (All Time)
Calculated using the full available price history since Sep 19, 2007

0.37

Over the past year, the correlation between ^SSMI and BRK-B has dropped to 0.12 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Swiss Market Index

Berkshire Hathaway Inc.

Often compared with ^SSMI:
^SSMI vs. SPY^SSMI vs. NESN.SW^SSMI vs. ZURN.SW^SSMI vs. ABBN.SW^SSMI vs. SREN.SW^SSMI vs. ABBNY^SSMI vs. UBSG.SW
Often compared with BRK-B:
BRK-B vs. SPYBRK-B vs. VOOBRK-B vs. BRK-ABRK-B vs. QQQBRK-B vs. ^NDXBRK-B vs. VTIBRK-B vs. VGT

Return for Risk

^SSMI vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
^SSMI
^SSMI Risk / Return Rank: 4444
Overall Rank
^SSMI Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
^SSMI Sortino Ratio Rank: 4646
Sortino Ratio Rank
^SSMI Omega Ratio Rank: 4949
Omega Ratio Rank
^SSMI Calmar Ratio Rank: 3737
Calmar Ratio Rank
^SSMI Martin Ratio Rank: 3939
Martin Ratio Rank
BRK-B
BRK-B Risk / Return Rank: 4141
Overall Rank
BRK-B Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
BRK-B Sortino Ratio Rank: 3636
Sortino Ratio Rank
BRK-B Omega Ratio Rank: 3636
Omega Ratio Rank
BRK-B Calmar Ratio Rank: 4545
Calmar Ratio Rank
BRK-B Martin Ratio Rank: 4545
Martin Ratio Rank
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.

^SSMI vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Swiss Market Index (^SSMI) 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.

^SSMIBRK-BDifference
Sharpe ratioReturn per unit of total volatility
1.42
0.05

+1.38

Sortino ratioReturn per unit of downside risk
2.03
0.17

+1.86

Omega ratioGain probability vs. loss probability

1.26

1.02

+0.24

Calmar ratioReturn relative to maximum drawdown

1.41

0.06

+1.35

Martin ratioReturn relative to average drawdown

4.56

0.12

+4.44

^SSMI vs. BRK-B - Sharpe Ratio Comparison

The current ^SSMI Sharpe Ratio is 1.42, which is higher than the BRK-B Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of ^SSMI 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.

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Drawdowns

^SSMI vs. BRK-B - Drawdown Comparison

The maximum ^SSMI drawdown since its inception was -56.31%, roughly equal to the maximum BRK-B drawdown of -56.34%. Use the drawdown chart below to compare losses from any high point for ^SSMI and BRK-B.

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Drawdown Indicators

^SSMIBRK-BDifference

Max Drawdown

Largest peak-to-trough decline

-56.31%

-56.34%

+0.03%

Max Drawdown (1Y)

Largest decline over 1 year

-12.08%

-12.50%

+0.42%

Max Drawdown (3Y)

Largest decline over 3 years

-17.31%

-23.79%

+6.48%

Max Drawdown (5Y)

Largest decline over 5 years

-22.34%

-23.79%

+1.45%

Max Drawdown (10Y)

Largest decline over 10 years

-27.54%

-29.23%

+1.69%

Current Drawdown

Current decline from peak

-1.18%

-15.74%

+14.56%

Average Drawdown

Average peak-to-trough decline

-14.67%

-14.64%

-0.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.71%

6.01%

-2.30%

Volatility

^SSMI vs. BRK-B - Volatility Comparison

The current volatility for Swiss Market Index (^SSMI) is 3.13%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.03%. This indicates that ^SSMI 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

^SSMIBRK-BDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.13%

4.03%

-0.90%

Volatility (6M)

Calculated over the trailing 6-month period

9.62%

12.06%

-2.44%

Volatility (1Y)

Calculated over the trailing 1-year period

11.97%

15.65%

-3.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.41%

18.32%

-4.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.21%

20.93%

-6.72%

Frequently Asked Questions

^SSMI and BRK-B have a correlation of 0.12, 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 (4.03%) compared to ^SSMI (3.13%). In terms of maximum drawdown, ^SSMI dropped -56.31% vs BRK-B's -56.34%.

^SSMI currently has the higher Sharpe Ratio (1.42 vs 0.05), 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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