BRK-B vs. BNP.PA
BRK-B (Berkshire Hathaway Inc.) and BNP.PA (BNP Paribas SA) are both stocks. Both are in the Financial Services sector — BRK-B in Insurance - Diversified, BNP.PA in Banks - Regional. Over the past 10 years, BRK-B returned 13.22%/yr vs 15.11%/yr for BNP.PA. At a 0.37 correlation, their price movements are largely independent.
Performance
BRK-B vs. BNP.PA - Performance Comparison
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Different Trading Currencies
BRK-B is traded in USD, while BNP.PA is traded in EUR. To make them comparable, the BNP.PA values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BRK-B achieves a -2.67% return, which is significantly lower than BNP.PA's 21.35% return. Over the past 10 years, BRK-B has underperformed BNP.PA with an annualized return of 13.22%, while BNP.PA has yielded a comparatively higher 15.11% annualized return.
BRK-B
- 1D
- 0.71%
- 1M
- 1.07%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- 0.35%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
BNP.PA
- 1D
- 5.05%
- 1M
- 7.22%
- YTD
- 21.35%
- 6M
- 25.61%
- 1Y
- 36.95%
- 3Y*
- 30.28%
- 5Y*
- 18.55%
- 10Y*
- 15.11%
BRK-B vs. BNP.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -2.67% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
BNP.PA BNP Paribas SA | 21.35% | 70.31% | -5.26% | 29.71% | -11.60% | 37.79% | -11.18% | 40.85% | -36.18% | 22.32% |
Correlation
The correlation between BRK-B and BNP.PA is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.37 |
Over the past year, the correlation between BRK-B and BNP.PA has dropped to 0.12 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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Return for Risk
BRK-B vs. BNP.PA — Risk / Return Rank
BRK-B
BNP.PA
BRK-B vs. BNP.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and BNP Paribas SA (BNP.PA). 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.
| BRK-B | BNP.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.22 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.67 | -1.69 |
| Martin ratioReturn relative to average drawdown | -0.05 | 4.16 | -4.21 |
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Drawdowns
BRK-B vs. BNP.PA - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum BNP.PA drawdown of -76.48%. Use the drawdown chart below to compare losses from any high point for BRK-B and BNP.PA.
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Drawdown Indicators
| BRK-B | BNP.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -76.48% | +22.62% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -20.36% | +10.94% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -21.05% | +6.10% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -42.50% | +15.92% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -64.31% | +34.74% |
Current DrawdownCurrent decline from peak | -9.36% | 0.00% | -9.36% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -26.76% | +15.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 8.21% | -3.68% |
Volatility
BRK-B vs. BNP.PA - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while BNP Paribas SA (BNP.PA) has a volatility of 8.45%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than BNP.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRK-B | BNP.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 8.45% | -4.50% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 22.62% | -11.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 29.98% | -15.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.12% | 31.07% | -13.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 32.92% | -13.48% |
Dividends
BRK-B vs. BNP.PA - Dividend Comparison
BRK-B has not paid dividends to shareholders, while BNP.PA's dividend yield for the trailing twelve months is around 5.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNP.PA BNP Paribas SA | 5.34% | 9.13% | 7.77% | 6.23% | 6.89% | 4.38% | 0.00% | 5.72% | 7.65% | 4.34% | 3.82% | 2.87% |
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
BRK-B vs. BNP.PA - Financials Comparison
This section allows you to compare key financial metrics between Berkshire Hathaway Inc. and BNP Paribas SA. 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
Frequently Asked Questions
BRK-B and BNP.PA have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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