BRK-B vs. CQQQ
BRK-B (Berkshire Hathaway Inc.) is a stock, while CQQQ (Invesco China Technology ETF) is China Equities fund tracking the FTSE China Incl A 25% Technology Capped Index. Over the past 10 years, BRK-B returned 13.14%/yr vs 5.12%/yr for CQQQ. At a 0.33 correlation, their price movements are largely independent.
Performance
BRK-B vs. CQQQ - 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 lower than CQQQ's -2.77% return. Over the past 10 years, BRK-B has outperformed CQQQ with an annualized return of 13.14%, while CQQQ has yielded a comparatively lower 5.12% 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%
CQQQ
- 1D
- -1.08%
- 1M
- -5.74%
- YTD
- -2.77%
- 6M
- -3.14%
- 1Y
- 20.91%
- 3Y*
- 8.58%
- 5Y*
- -8.26%
- 10Y*
- 5.12%
BRK-B vs. CQQQ - 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% |
CQQQ Invesco China Technology ETF | -2.77% | 34.96% | 9.84% | -16.71% | -30.09% | -24.54% | 57.33% | 33.57% | -34.77% | 74.31% |
Correlation
The correlation between BRK-B and CQQQ is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2009 | 0.33 |
The correlation between BRK-B and CQQQ shifts across timeframes, from -0.01 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BRK-B vs. CQQQ — Risk / Return Rank
BRK-B
CQQQ
BRK-B vs. CQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Invesco China Technology ETF (CQQQ). 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 | CQQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.14 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.86 | -1.00 |
| Martin ratioReturn relative to average drawdown | -0.30 | 2.00 | -2.30 |
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 | CQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 0.70 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | -0.22 | +0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.15 | +0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.18 | +0.31 |
Drawdowns
BRK-B vs. CQQQ - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum CQQQ drawdown of -73.99%. Use the drawdown chart below to compare losses from any high point for BRK-B and CQQQ.
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Drawdown Indicators
| BRK-B | CQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -73.99% | +20.13% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -24.41% | +14.99% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -35.93% | +20.98% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -66.96% | +40.38% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -73.99% | +44.42% |
Current DrawdownCurrent decline from peak | -9.78% | -51.77% | +41.99% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -28.31% | +17.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 10.48% | -5.99% |
Volatility
BRK-B vs. CQQQ - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.98%, while Invesco China Technology ETF (CQQQ) has a volatility of 11.83%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than CQQQ 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 | CQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 11.83% | -7.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.87% | 22.45% | -11.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 30.22% | -15.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 38.08% | -20.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 33.34% | -13.90% |
Dividends
BRK-B vs. CQQQ - Dividend Comparison
BRK-B has not paid dividends to shareholders, while CQQQ's dividend yield for the trailing twelve months is around 2.23%.
| 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% |
CQQQ Invesco China Technology ETF | 2.23% | 2.17% | 0.28% | 0.55% | 0.08% | 0.00% | 0.47% | 0.01% | 0.43% | 1.41% | 1.69% | 1.77% |
Frequently Asked Questions
BRK-B and CQQQ have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CQQQ has higher volatility (11.83%) compared to BRK-B (3.98%). In terms of maximum drawdown, BRK-B dropped -53.86% vs CQQQ's -73.99%.
CQQQ currently has the higher Sharpe Ratio (0.70 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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