BRK-B vs. BTC-USD
BRK-B (Berkshire Hathaway Inc.) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, BRK-B returned 13.22%/yr vs 57.32%/yr for BTC-USD. At a 0.05 correlation, their price movements are largely independent.
Performance
BRK-B vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, BRK-B achieves a -2.67% return, which is significantly higher than BTC-USD's -27.32% return. Over the past 10 years, BRK-B has underperformed BTC-USD with an annualized return of 13.22%, while BTC-USD has yielded a comparatively higher 57.32% annualized return.
BRK-B
- 1D
- 0.71%
- 1M
- 0.77%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- -0.22%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
BTC-USD
- 1D
- 0.05%
- 1M
- -19.79%
- YTD
- -27.32%
- 6M
- -29.56%
- 1Y
- -39.85%
- 3Y*
- 34.86%
- 5Y*
- 10.27%
- 10Y*
- 57.32%
BRK-B vs. BTC-USD - 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% |
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between BRK-B and BTC-USD is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2012 | 0.05 |
The correlation between BRK-B and BTC-USD shifts across timeframes, from -0.06 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BRK-B vs. BTC-USD — Risk / Return Rank
BRK-B
BTC-USD
BRK-B vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Bitcoin (BTC-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.
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 | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.87 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.78 | +0.75 |
| Martin ratioReturn relative to average drawdown | -0.05 | -1.36 | +1.31 |
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Drawdowns
BRK-B vs. BTC-USD - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BRK-B and BTC-USD.
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Drawdown Indicators
| BRK-B | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -85.30% | +31.44% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -51.21% | +41.79% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -51.21% | +36.26% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -76.67% | +50.09% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -83.80% | +54.23% |
Current DrawdownCurrent decline from peak | -9.36% | -49.01% | +39.65% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -42.35% | +31.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 35.02% | -30.49% |
Volatility
BRK-B vs. BTC-USD - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while Bitcoin (BTC-USD) has a volatility of 12.11%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than BTC-USD 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 | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 12.11% | -8.16% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 34.59% | -23.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 35.62% | -21.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.12% | 44.71% | -27.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 56.62% | -37.18% |
Frequently Asked Questions
BRK-B and BTC-USD have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.11%) compared to BRK-B (3.95%). In terms of maximum drawdown, BRK-B dropped -53.86% vs BTC-USD's -85.30%.
BRK-B currently has the higher Sharpe Ratio (-0.02 vs -0.93), 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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