BN vs. BRK.TO

Last updated Jun 5, 2026

BN (Brookfield Corporation) and BRK.TO (Berkshire Hathaway CDR (CAD Hedged)) are both stocks. Both are in the Financial Services sector — BN in Asset Management, BRK.TO in Insurance - Diversified. Over the past year, BN returned 17.41% vs -6.90% for BRK.TO. At a 0.27 correlation, their price movements are largely independent.

Performance

BN vs. BRK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookfield Corporation (BN) and Berkshire Hathaway CDR (CAD Hedged) (BRK.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BN is traded in USD, while BRK.TO is traded in CAD. To make them comparable, the BRK.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BN achieves a -1.65% return, which is significantly higher than BRK.TO's -7.33% return.

BN

• 1D: 2.67%
• 1M: -1.72%
• YTD: -1.65%
• 6M: -3.27%
• 1Y: 17.41%
• 3Y*: 30.51%
• 5Y*: 11.82%
• 10Y*: 14.96%

BRK.TO

• 1D: 0.00%
• 1M: -0.04%
• YTD: -7.33%
• 6M: -6.06%
• 1Y: -6.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BN vs. BRK.TO - Yearly Performance Comparison

	2026 (YTD)	2025
BN Brookfield Corporation	-1.65%	16.17%
BRK.TO Berkshire Hathaway CDR (CAD Hedged)	-6.89%	8.18%

Correlation

The correlation between BN and BRK.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025	0.27

Return for Risk

BN vs. BRK.TO — Risk / Return Rank

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

BN

BN Risk / Return Rank: 58
BN Sharpe Ratio Rank: 62
BN Sortino Ratio Rank: 55
BN Omega Ratio Rank: 54
BN Calmar Ratio Rank: 58
BN Martin Ratio Rank: 62

BRK.TO

BRK.TO Risk / Return Rank: 24
BRK.TO Sharpe Ratio Rank: 26
BRK.TO Sortino Ratio Rank: 22
BRK.TO Omega Ratio Rank: 23
BRK.TO Calmar Ratio Rank: 26
BRK.TO Martin Ratio Rank: 22

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.

BN vs. BRK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Corporation (BN) and Berkshire Hathaway CDR (CAD Hedged) (BRK.TO). 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.

	BN	BRK.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.61	-0.49	+1.10
Sortino ratio: Return per unit of downside risk	1.01	-0.59	+1.59
Omega ratio: Gain probability vs. loss probability	1.13	0.93	+0.19
Calmar ratio: Return relative to maximum drawdown	0.79	-0.75	+1.54
Martin ratio: Return relative to average drawdown	2.21	-1.55	+3.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BN vs. BRK.TO - Sharpe Ratio Comparison

The current BN Sharpe Ratio is 0.61, which is higher than the BRK.TO Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of BN and BRK.TO, 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

	BN	BRK.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	-0.49	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.01	+0.30

Drawdowns

BN vs. BRK.TO - Drawdown Comparison

The maximum BN drawdown since its inception was -82.22%, which is greater than BRK.TO's maximum drawdown of -15.52%. Use the drawdown chart below to compare losses from any high point for BN and BRK.TO.

Drawdown Indicators

	BN	BRK.TO	Difference
Max Drawdown Largest peak-to-trough decline	-82.22%	-15.52%	-66.70%
Max Drawdown (1Y) Largest decline over 1 year	-22.05%	-9.26%	-12.79%
Max Drawdown (3Y) Largest decline over 3 years	-27.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.42%	—	—
Current Drawdown Current decline from peak	-8.21%	-14.59%	+6.38%
Average Drawdown Average peak-to-trough decline	-28.53%	-8.73%	-19.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.88%	4.46%	+3.42%

Volatility

BN vs. BRK.TO - Volatility Comparison

Brookfield Corporation (BN) has a higher volatility of 9.78% compared to Berkshire Hathaway CDR (CAD Hedged) (BRK.TO) at 3.10%. This indicates that BN's price experiences larger fluctuations and is considered to be riskier than BRK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BN	BRK.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.78%	3.10%	+6.68%
Volatility (6M) Calculated over the trailing 6-month period	22.34%	10.39%	+11.95%
Volatility (1Y) Calculated over the trailing 1-year period	28.61%	14.13%	+14.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.24%	18.57%	+12.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.19%	18.57%	+11.62%

Dividends

BN vs. BRK.TO - Dividend Comparison

BN's dividend yield for the trailing twelve months is around 0.55%, while BRK.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BN Brookfield Corporation	0.55%	0.52%	0.56%	0.70%	1.44%	1.12%	1.55%	1.11%	1.56%	1.29%	1.58%	1.50%
BRK.TO Berkshire Hathaway CDR (CAD Hedged)	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

Frequently Asked Questions

Can I hold both BN and BRK.TO in my portfolio?

BN and BRK.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.