BRK-A vs. USD
BRK-A (Berkshire Hathaway Inc.) is a stock, while USD (ProShares Ultra Semiconductors) is Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Over the past 10 years, BRK-A returned 12.93%/yr vs 61.24%/yr for USD. At a 0.38 correlation, their price movements are largely independent.
Performance
BRK-A vs. USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BRK-A achieves a -4.82% return, which is significantly lower than USD's 103.32% return. Over the past 10 years, BRK-A has underperformed USD with an annualized return of 12.93%, while USD has yielded a comparatively higher 61.24% annualized return.
BRK-A
- 1D
- 0.66%
- 1M
- 2.64%
- YTD
- -4.82%
- 6M
- -4.81%
- 1Y
- -2.63%
- 3Y*
- 12.92%
- 5Y*
- 10.35%
- 10Y*
- 12.93%
USD
- 1D
- -4.99%
- 1M
- 31.62%
- YTD
- 103.32%
- 6M
- 97.79%
- 1Y
- 250.81%
- 3Y*
- 125.78%
- 5Y*
- 67.80%
- 10Y*
- 61.24%
BRK-A vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-A Berkshire Hathaway Inc. | -4.82% | 10.85% | 25.49% | 15.77% | 4.00% | 29.57% | 2.42% | 10.98% | 2.82% | 21.91% |
USD ProShares Ultra Semiconductors | 103.32% | 62.08% | 139.64% | 228.79% | -68.57% | 104.27% | 68.16% | 110.37% | -26.88% | 81.72% |
Correlation
The correlation between BRK-A and USD is -0.22, 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 | -0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2007 | 0.38 |
The correlation between BRK-A and USD shifts across timeframes, from -0.22 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRK-A vs. USD — Risk / Return Rank
BRK-A
USD
BRK-A vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-A) and ProShares Ultra Semiconductors (USD). 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.
| BRK-A | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.31 | ||
| Sortino ratioReturn per unit of downside risk | -3.78 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.48 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 7.94 | -8.23 |
| Martin ratioReturn relative to average drawdown | -0.60 | 22.96 | -23.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BRK-A | USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 4.12 | -4.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.89 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.89 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.49 | +0.34 |
Drawdowns
BRK-A vs. USD - Drawdown Comparison
The maximum BRK-A drawdown since its inception was -51.47%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for BRK-A and USD.
Loading charts...
Drawdown Indicators
| BRK-A | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.47% | -88.63% | +37.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.12% | -31.80% | +22.68% |
Max Drawdown (3Y)Largest decline over 3 years | -14.43% | -64.46% | +50.03% |
Max Drawdown (5Y)Largest decline over 5 years | -25.98% | -77.85% | +51.87% |
Max Drawdown (10Y)Largest decline over 10 years | -30.43% | -77.85% | +47.42% |
Current DrawdownCurrent decline from peak | -11.23% | -6.07% | -5.16% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -32.35% | +22.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 10.98% | -6.59% |
Volatility
BRK-A vs. USD - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-A) is 3.58%, while ProShares Ultra Semiconductors (USD) has a volatility of 21.29%. This indicates that BRK-A experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BRK-A | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 21.29% | -17.71% |
Volatility (6M)Calculated over the trailing 6-month period | 10.42% | 46.74% | -36.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.84% | 61.28% | -47.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 76.56% | -59.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.97% | 69.24% | -50.27% |
Dividends
BRK-A vs. USD - Dividend Comparison
BRK-A has not paid dividends to shareholders, while USD's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRK-A 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% |
USD ProShares Ultra Semiconductors | 0.23% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Frequently Asked Questions
BRK-A and USD have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (21.29%) compared to BRK-A (3.58%). In terms of maximum drawdown, BRK-A dropped -51.47% vs USD's -88.63%.
USD currently has the higher Sharpe Ratio (4.12 vs -0.19), 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.
Find the right allocation for BRK-A and USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer