ANIOY vs. BRK-B

Last updated Jun 4, 2026

ANIOY (Acerinox SA ADR) and BRK-B (Berkshire Hathaway Inc.) are both stocks. ANIOY operates in Steel (Basic Materials), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, ANIOY returned 10.40%/yr vs 12.91%/yr for BRK-B. At a 0.09 correlation, their price movements are largely independent.

Performance

ANIOY vs. BRK-B - Performance Comparison

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

Returns By Period

In the year-to-date period, ANIOY achieves a 39.17% return, which is significantly higher than BRK-B's -5.43% return. Over the past 10 years, ANIOY has underperformed BRK-B with an annualized return of 10.40%, while BRK-B has yielded a comparatively higher 12.91% annualized return.

ANIOY

• 1D: 4.05%
• 1M: 13.78%
• YTD: 39.17%
• 6M: 36.46%
• 1Y: 59.75%
• 3Y*: 27.55%
• 5Y*: 11.98%
• 10Y*: 10.40%

BRK-B

• 1D: 0.82%
• 1M: 1.46%
• YTD: -5.43%
• 6M: -5.61%
• 1Y: -4.51%
• 3Y*: 13.00%
• 5Y*: 10.20%
• 10Y*: 12.91%

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

ANIOY vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ANIOY Acerinox SA ADR	39.17%	47.66%	-7.01%	20.04%	-18.76%	22.30%	6.43%	15.59%	-30.11%	26.66%
BRK-B Berkshire Hathaway Inc.	-5.43%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between ANIOY and BRK-B is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Oct 31, 2008	0.09

Fundamentals

Market Cap ANIOY : $4.63B BRK-B : $1.03T
EPS ANIOY : -$0.04 BRK-B : $33.62
PS Ratio ANIOY : 0.66 BRK-B : 2.73
PB Ratio ANIOY : 2.20 BRK-B : 1.41
Total Revenue (TTM) ANIOY : $7.01B BRK-B : $375.39B
Gross Profit (TTM) ANIOY : $4.74B BRK-B : $94.36B
EBITDA (TTM) ANIOY : $239.73M BRK-B : $71.92B

Return for Risk

ANIOY vs. BRK-B — Risk / Return Rank

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

ANIOY

ANIOY Risk / Return Rank: 85
ANIOY Sharpe Ratio Rank: 82
ANIOY Sortino Ratio Rank: 80
ANIOY Omega Ratio Rank: 90
ANIOY Calmar Ratio Rank: 85
ANIOY Martin Ratio Rank: 89

BRK-B

BRK-B Risk / Return Rank: 23
BRK-B Sharpe Ratio Rank: 27
BRK-B Sortino Ratio Rank: 22
BRK-B Omega Ratio Rank: 23
BRK-B Calmar Ratio Rank: 24
BRK-B Martin Ratio Rank: 20

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.

ANIOY vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Acerinox SA ADR (ANIOY) 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.

	ANIOY	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.52	-0.32	+1.84
Sortino ratio Return per unit of downside risk	2.30	-0.34	+2.64
Omega ratio Gain probability vs. loss probability	1.43	0.96	+0.47
Calmar ratio Return relative to maximum drawdown	3.37	-0.48	+3.85
Martin ratio Return relative to average drawdown	11.15	-1.02	+12.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANIOY vs. BRK-B - Sharpe Ratio Comparison

The current ANIOY Sharpe Ratio is 1.52, which is higher than the BRK-B Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of ANIOY 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.

Sharpe Ratios by Period

	ANIOY	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	-0.32	+1.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.60	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.67	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.48	-0.35

Drawdowns

ANIOY vs. BRK-B - Drawdown Comparison

The maximum ANIOY drawdown since its inception was -69.87%, 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 ANIOY and BRK-B.

Drawdown Indicators

	ANIOY	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-69.87%	-53.86%	-16.01%
Max Drawdown (1Y) Largest decline over 1 year	-17.84%	-9.42%	-8.42%
Max Drawdown (3Y) Largest decline over 3 years	-24.25%	-14.95%	-9.30%
Max Drawdown (5Y) Largest decline over 5 years	-42.65%	-26.58%	-16.07%
Max Drawdown (10Y) Largest decline over 10 years	-58.41%	-29.57%	-28.84%
Current Drawdown Current decline from peak	-2.43%	-11.94%	+9.51%
Average Drawdown Average peak-to-trough decline	-34.04%	-11.07%	-22.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.38%	4.57%	+0.81%

Volatility

ANIOY vs. BRK-B - Volatility Comparison

Acerinox SA ADR (ANIOY) has a higher volatility of 12.56% compared to Berkshire Hathaway Inc. (BRK-B) at 3.75%. This indicates that ANIOY'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.

Volatility by Period

	ANIOY	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.56%	3.75%	+8.81%
Volatility (6M) Calculated over the trailing 6-month period	34.42%	10.68%	+23.74%
Volatility (1Y) Calculated over the trailing 1-year period	40.50%	14.33%	+26.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.57%	17.11%	+20.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.70%	19.43%	+17.27%

Dividends

ANIOY vs. BRK-B - Dividend Comparison

ANIOY's dividend yield for the trailing twelve months is around 3.88%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ANIOY Acerinox SA ADR	3.88%	4.98%	6.93%	5.73%	5.17%	3.35%	5.29%	3.67%	3.79%	2.49%
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%

Financials

ANIOY vs. BRK-B - Profitability Comparison

The chart below illustrates the profitability comparison between Acerinox SA ADR and Berkshire Hathaway Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ANIOY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Acerinox SA ADR reported a gross profit of 1.38B and revenue of 1.38B. Therefore, the gross margin over that period was 100.0%.

BRK-B - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a gross profit of 26.98B and revenue of 93.68B. Therefore, the gross margin over that period was 28.8%.

ANIOY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Acerinox SA ADR reported an operating income of 0.00 and revenue of 1.38B, resulting in an operating margin of 0.0%.

BRK-B - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.

ANIOY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Acerinox SA ADR reported a net income of 5.00M and revenue of 1.38B, resulting in a net margin of 0.4%.

BRK-B - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a net income of 10.18B and revenue of 93.68B, resulting in a net margin of 10.9%.

Frequently Asked Questions

Can I hold both ANIOY and BRK-B in my portfolio?

ANIOY and BRK-B have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ANIOY or BRK-B?

ANIOY has higher volatility (12.56%) compared to BRK-B (3.75%). In terms of maximum drawdown, ANIOY dropped -69.87% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

ANIOY currently has the higher Sharpe Ratio (1.52 vs -0.32), 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.