ALLW vs. BRK-B
ALLW (State Street Bridgewater All Weather ETF) is Tactical Allocation fund actively managed by State Street, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past year, ALLW returned 19.67% vs 0.35% for BRK-B. At a 0.19 correlation, their price movements are largely independent.
Performance
ALLW vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, ALLW achieves a 7.24% return, which is significantly higher than BRK-B's -2.67% return.
ALLW
- 1D
- 0.10%
- 1M
- -0.30%
- YTD
- 7.24%
- 6M
- 7.64%
- 1Y
- 19.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- 0.71%
- 1M
- 1.36%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- 0.35%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
ALLW vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ALLW State Street Bridgewater All Weather ETF | 7.24% | 15.44% |
BRK-B Berkshire Hathaway Inc. | -2.67% | 0.83% |
Correlation
The correlation between ALLW and BRK-B is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025 | 0.19 |
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Return for Risk
ALLW vs. BRK-B — Risk / Return Rank
ALLW
BRK-B
ALLW vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Bridgewater All Weather ETF (ALLW) 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.
| ALLW | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.01 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | -0.02 | +2.69 |
| Martin ratioReturn relative to average drawdown | 10.87 | -0.05 | +10.92 |
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Drawdowns
ALLW vs. BRK-B - Drawdown Comparison
The maximum ALLW drawdown since its inception was -8.78%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for ALLW and BRK-B.
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Drawdown Indicators
| ALLW | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.78% | -53.86% | +45.08% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | -9.42% | +2.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -2.58% | -9.36% | +6.78% |
Average DrawdownAverage peak-to-trough decline | -1.23% | -11.07% | +9.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 4.53% | -2.76% |
Volatility
ALLW vs. BRK-B - Volatility Comparison
State Street Bridgewater All Weather ETF (ALLW) has a higher volatility of 4.39% compared to Berkshire Hathaway Inc. (BRK-B) at 3.95%. This indicates that ALLW'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.
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Volatility by Period
| ALLW | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 3.95% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 9.23% | 10.78% | -1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 14.38% | -3.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.72% | 17.12% | -4.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.72% | 19.44% | -6.72% |
Dividends
ALLW vs. BRK-B - Dividend Comparison
ALLW's dividend yield for the trailing twelve months is around 4.36%, while BRK-B has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ALLW State Street Bridgewater All Weather ETF | 4.36% | 4.67% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% |
Frequently Asked Questions
ALLW and BRK-B have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLW has higher volatility (4.39%) compared to BRK-B (3.95%). In terms of maximum drawdown, ALLW dropped -8.78% vs BRK-B's -53.86%.
ALLW currently has the higher Sharpe Ratio (1.77 vs -0.02), 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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