BRK-B vs. EMBE.L
BRK-B (Berkshire Hathaway Inc.) is a stock, while EMBE.L (iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist)) is Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified Hedge TR EUR. Over the past 10 years, BRK-B returned 13.22%/yr vs 1.42%/yr for EMBE.L. At a 0.15 correlation, their price movements are largely independent.
Performance
BRK-B vs. EMBE.L - Performance Comparison
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Different Trading Currencies
BRK-B is traded in USD, while EMBE.L is traded in EUR. To make them comparable, the EMBE.L 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 EMBE.L's -0.32% return. Over the past 10 years, BRK-B has outperformed EMBE.L with an annualized return of 13.22%, while EMBE.L has yielded a comparatively lower 1.42% 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%
EMBE.L
- 1D
- 0.70%
- 1M
- -0.15%
- YTD
- -0.32%
- 6M
- 0.19%
- 1Y
- 8.36%
- 3Y*
- 9.87%
- 5Y*
- -1.33%
- 10Y*
- 1.42%
BRK-B vs. EMBE.L - 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% |
EMBE.L iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) | -0.32% | 25.90% | -2.43% | 11.06% | -25.61% | -9.86% | 12.50% | 10.09% | -12.68% | 23.42% |
Correlation
The correlation between BRK-B and EMBE.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2013 | 0.15 |
The correlation between BRK-B and EMBE.L shifts across timeframes, from 0.11 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BRK-B vs. EMBE.L — Risk / Return Rank
BRK-B
EMBE.L
BRK-B vs. EMBE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) (EMBE.L). 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 | EMBE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.16 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.04 | -1.06 |
| Martin ratioReturn relative to average drawdown | -0.05 | 3.33 | -3.37 |
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Drawdowns
BRK-B vs. EMBE.L - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, which is greater than EMBE.L's maximum drawdown of -44.54%. Use the drawdown chart below to compare losses from any high point for BRK-B and EMBE.L.
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Drawdown Indicators
| BRK-B | EMBE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -44.54% | -9.32% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -8.00% | -1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -13.39% | -1.56% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -42.82% | +16.24% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -44.54% | +14.97% |
Current DrawdownCurrent decline from peak | -9.36% | -9.21% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -14.99% | +3.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 2.51% | +2.02% |
Volatility
BRK-B vs. EMBE.L - Volatility Comparison
Berkshire Hathaway Inc. (BRK-B) has a higher volatility of 3.95% compared to iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) (EMBE.L) at 3.01%. This indicates that BRK-B's price experiences larger fluctuations and is considered to be riskier than EMBE.L 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 | EMBE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 3.01% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 7.40% | +3.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 9.77% | +4.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.12% | 13.68% | +3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 13.36% | +6.08% |
Dividends
BRK-B vs. EMBE.L - Dividend Comparison
BRK-B has not paid dividends to shareholders, while EMBE.L's dividend yield for the trailing twelve months is around 5.13%.
| 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% |
EMBE.L iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) | 5.13% | 5.44% | 5.64% | 5.50% | 5.39% | 3.92% | 3.85% | 4.77% | 5.75% | 3.88% | 5.36% | 4.72% |
Frequently Asked Questions
BRK-B and EMBE.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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