ASX vs. BRK-B
ASX (ASE Technology Holding Co., Ltd.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. ASX operates in Semiconductors (Technology), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, ASX returned 27.76%/yr vs 13.03%/yr for BRK-B. At a 0.23 correlation, their price movements are largely independent.
Performance
ASX vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, ASX achieves a 154.46% return, which is significantly higher than BRK-B's -1.15% return. Over the past 10 years, ASX has outperformed BRK-B with an annualized return of 27.76%, while BRK-B has yielded a comparatively lower 13.03% annualized return.
ASX
- 1D
- -4.92%
- 1M
- 7.47%
- 6M
- 124.24%
- YTD
- 154.46%
- 1Y
- 293.55%
- 3Y*
- 75.09%
- 5Y*
- 44.86%
- 10Y*
- 27.76%
BRK-B
- 1D
- 0.64%
- 1M
- 1.55%
- 6M
- -0.36%
- YTD
- -1.15%
- 1Y
- 4.41%
- 3Y*
- 13.36%
- 5Y*
- 12.29%
- 10Y*
- 13.03%
ASX vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASX ASE Technology Holding Co., Ltd. | 154.46% | 65.68% | 10.14% | 60.87% | -12.75% | 38.25% | 8.13% | 53.97% | -37.08% | 31.93% |
BRK-B Berkshire Hathaway Inc. | -1.15% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between ASX and BRK-B is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2000 | 0.23 |
The correlation between ASX and BRK-B shifts across timeframes, from -0.18 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ASX:
$88.99B
BRK-B:
$1.07T
ASX:
NT$21.15
BRK-B:
$33.62
ASX:
61.55
BRK-B:
14.78
ASX:
4.35
BRK-B:
2.86
ASX:
8.33
BRK-B:
1.47
ASX:
NT$666.14B
BRK-B:
$375.39B
ASX:
NT$122.03B
BRK-B:
$94.36B
ASX:
NT$130.31B
BRK-B:
$71.92B
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Return for Risk
ASX vs. BRK-B — Risk / Return Rank
ASX
BRK-B
ASX vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ASE Technology Holding Co., Ltd. (ASX) 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.
| ASX | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.47 | ||
| Sortino ratioReturn per unit of downside risk | +4.32 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.06 | +0.60 |
| Calmar ratioReturn relative to maximum drawdown | 17.59 | 0.47 | +17.12 |
| Martin ratioReturn relative to average drawdown | 44.65 | 0.99 | +43.65 |
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Drawdowns
ASX vs. BRK-B - Drawdown Comparison
The maximum ASX drawdown since its inception was -78.05%, 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 ASX and BRK-B.
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Drawdown Indicators
| ASX | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.05% | -53.86% | -24.19% |
Max Drawdown (1Y)Largest decline over 1 year | -16.81% | -9.42% | -7.39% |
Max Drawdown (3Y)Largest decline over 3 years | -40.64% | -14.95% | -25.69% |
Max Drawdown (5Y)Largest decline over 5 years | -45.99% | -26.58% | -19.41% |
Max Drawdown (10Y)Largest decline over 10 years | -54.17% | -29.57% | -24.60% |
Current DrawdownCurrent decline from peak | -9.20% | -7.96% | -1.24% |
Average DrawdownAverage peak-to-trough decline | -22.52% | -11.06% | -11.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.61% | 4.45% | +2.16% |
Volatility
ASX vs. BRK-B - Volatility Comparison
ASE Technology Holding Co., Ltd. (ASX) has a higher volatility of 24.96% compared to Berkshire Hathaway Inc. (BRK-B) at 4.39%. This indicates that ASX'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
| ASX | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.96% | 4.39% | +20.57% |
Volatility (6M)Calculated over the trailing 6-month period | 42.55% | 10.97% | +31.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.34% | 14.54% | +36.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.42% | 17.11% | +24.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.23% | 19.40% | +19.83% |
Dividends
ASX vs. BRK-B - Dividend Comparison
ASX's dividend yield for the trailing twelve months is around 1.03%, while BRK-B has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASX ASE Technology Holding Co., Ltd. | 1.03% | 2.23% | 3.19% | 6.07% | 7.64% | 3.86% | 2.34% | 2.88% | 14.19% | 2.51% | 3.63% | 4.00% |
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% | 0.00% | 0.00% |
Financials
ASX vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between ASE Technology Holding Co., Ltd. and Berkshire Hathaway Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ASX vs. BRK-B - Profitability Comparison
ASX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, ASE Technology Holding Co., Ltd. reported a gross profit of 35.21B and revenue of 175.46B. Therefore, the gross margin over that period was 20.1%.
BRK-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
ASX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, ASE Technology Holding Co., Ltd. reported an operating income of 17.71B and revenue of 175.46B, resulting in an operating margin of 10.1%.
BRK-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.
ASX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, ASE Technology Holding Co., Ltd. reported a net income of 14.29B and revenue of 175.46B, resulting in a net margin of 8.2%.
BRK-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
ASX and BRK-B have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASX has higher volatility (24.96%) compared to BRK-B (4.39%). In terms of maximum drawdown, ASX dropped -78.05% vs BRK-B's -53.86%.
ASX currently has the higher Sharpe Ratio (5.77 vs 0.31), 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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