BRK-B vs. CG
BRK-B (Berkshire Hathaway Inc.) and CG (The Carlyle Group Inc.) are both stocks. Both are in the Financial Services sector — BRK-B in Insurance - Diversified, CG in Asset Management. Over the past 10 years, BRK-B returned 13.14%/yr vs 15.91%/yr for CG. At a 0.40 correlation, their price movements are largely independent.
Performance
BRK-B vs. CG - Performance Comparison
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Returns By Period
In the year-to-date period, BRK-B achieves a -3.11% return, which is significantly higher than CG's -25.27% return. Over the past 10 years, BRK-B has underperformed CG with an annualized return of 13.14%, while CG has yielded a comparatively higher 15.91% annualized return.
BRK-B
- 1D
- -0.23%
- 1M
- 2.32%
- YTD
- -3.11%
- 6M
- -2.06%
- 1Y
- -1.32%
- 3Y*
- 13.25%
- 5Y*
- 11.03%
- 10Y*
- 13.14%
CG
- 1D
- 0.21%
- 1M
- -13.31%
- YTD
- -25.27%
- 6M
- -21.43%
- 1Y
- -3.38%
- 3Y*
- 16.77%
- 5Y*
- 3.15%
- 10Y*
- 15.91%
BRK-B vs. CG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -3.11% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
CG The Carlyle Group Inc. | -25.27% | 20.20% | 28.05% | 42.55% | -43.78% | 78.46% | 1.62% | 116.75% | -27.28% | 59.83% |
Correlation
The correlation between BRK-B and CG 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 (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 4, 2012 | 0.40 |
Over the past year, the correlation between BRK-B and CG has dropped to 0.19 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
Fundamentals
BRK-B:
$1.05T
CG:
$15.65B
BRK-B:
$33.62
CG:
$1.48
BRK-B:
14.49
CG:
29.43
BRK-B:
0.56
CG:
0.18
BRK-B:
2.80
CG:
4.03
BRK-B:
1.44
CG:
2.12
BRK-B:
$375.39B
CG:
$3.99B
BRK-B:
$94.36B
CG:
$2.92B
BRK-B:
$71.92B
CG:
$1.01B
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Return for Risk
BRK-B vs. CG — Risk / Return Rank
BRK-B
CG
BRK-B vs. CG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and The Carlyle Group Inc. (CG). 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-B | CG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.01 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | -0.09 | -0.05 |
| Martin ratioReturn relative to average drawdown | -0.30 | -0.18 | -0.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRK-B | CG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | -0.09 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.08 | +0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.43 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.30 | +0.18 |
Drawdowns
BRK-B vs. CG - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum CG drawdown of -62.69%. Use the drawdown chart below to compare losses from any high point for BRK-B and CG.
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Drawdown Indicators
| BRK-B | CG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -62.69% | +8.83% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -37.83% | +28.41% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -38.53% | +23.58% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -56.75% | +30.17% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -56.75% | +27.18% |
Current DrawdownCurrent decline from peak | -9.78% | -35.87% | +26.09% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -21.74% | +10.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 19.30% | -14.81% |
Volatility
BRK-B vs. CG - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.98%, while The Carlyle Group Inc. (CG) has a volatility of 9.57%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than CG 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 | CG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 9.57% | -5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.87% | 27.66% | -16.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 35.92% | -21.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 39.74% | -22.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 37.36% | -17.92% |
Dividends
BRK-B vs. CG - Dividend Comparison
BRK-B has not paid dividends to shareholders, while CG's dividend yield for the trailing twelve months is around 3.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
CG The Carlyle Group Inc. | 3.21% | 2.37% | 2.77% | 3.38% | 4.11% | 1.82% | 3.18% | 4.24% | 7.87% | 5.41% | 11.02% | 21.70% |
Financials
BRK-B vs. CG - Financials Comparison
This section allows you to compare key financial metrics between Berkshire Hathaway Inc. and The Carlyle Group 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
Frequently Asked Questions
BRK-B and CG 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.
CG has higher volatility (9.57%) compared to BRK-B (3.98%). In terms of maximum drawdown, BRK-B dropped -53.86% vs CG's -62.69%.
BRK-B currently has the higher Sharpe Ratio (-0.09 vs -0.09), 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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