BRK-B vs. HLMA.L
BRK-B (Berkshire Hathaway Inc.) and HLMA.L (Halma plc) are both stocks. BRK-B operates in Insurance - Diversified (Financial Services), while HLMA.L operates in Conglomerates (Industrials). Over the past 10 years, BRK-B returned 13.22%/yr vs 15.68%/yr for HLMA.L. At a 0.25 correlation, their price movements are largely independent.
Performance
BRK-B vs. HLMA.L - Performance Comparison
Loading charts...
Different Trading Currencies
BRK-B is traded in USD, while HLMA.L is traded in GBp. To make them comparable, the HLMA.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 HLMA.L's 9.67% return. Over the past 10 years, BRK-B has underperformed HLMA.L with an annualized return of 13.22%, while HLMA.L has yielded a comparatively higher 15.68% 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%
HLMA.L
- 1D
- -0.92%
- 1M
- -15.33%
- YTD
- 9.67%
- 6M
- 12.83%
- 1Y
- 23.82%
- 3Y*
- 20.06%
- 5Y*
- 7.09%
- 10Y*
- 15.68%
BRK-B vs. HLMA.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% |
HLMA.L Halma plc | 9.67% | 42.52% | 16.72% | 22.94% | -44.39% | 30.29% | 20.15% | 62.62% | 3.28% | 55.63% |
Correlation
The correlation between BRK-B and HLMA.L 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 | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.25 |
The correlation between BRK-B and HLMA.L shifts across timeframes, from -0.01 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BRK-B:
$1.06T
HLMA.L:
£14.80B
BRK-B:
$33.62
HLMA.L:
£1.55
BRK-B:
14.55
HLMA.L:
25.12
BRK-B:
0.56
HLMA.L:
2.16
BRK-B:
2.81
HLMA.L:
3.48
BRK-B:
1.45
HLMA.L:
6.83
BRK-B:
$375.39B
HLMA.L:
£4.24B
BRK-B:
$94.36B
HLMA.L:
£1.11B
BRK-B:
$71.92B
HLMA.L:
£1.04B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRK-B vs. HLMA.L — Risk / Return Rank
BRK-B
HLMA.L
BRK-B vs. HLMA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Halma plc (HLMA.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 | HLMA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.18 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.17 | -1.19 |
| Martin ratioReturn relative to average drawdown | -0.05 | 5.53 | -5.58 |
Loading charts...
Drawdowns
BRK-B vs. HLMA.L - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum HLMA.L drawdown of -60.44%. Use the drawdown chart below to compare losses from any high point for BRK-B and HLMA.L.
Loading charts...
Drawdown Indicators
| BRK-B | HLMA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -60.44% | +6.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -20.26% | +10.84% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -27.99% | +13.04% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -49.10% | +22.52% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -49.10% | +19.53% |
Current DrawdownCurrent decline from peak | -9.36% | -20.26% | +10.90% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -13.57% | +2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 4.30% | +0.23% |
Volatility
BRK-B vs. HLMA.L - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while Halma plc (HLMA.L) has a volatility of 18.77%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than HLMA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BRK-B | HLMA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 18.77% | -14.82% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 26.63% | -15.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 30.33% | -15.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.12% | 29.03% | -11.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 27.35% | -7.91% |
Dividends
BRK-B vs. HLMA.L - Dividend Comparison
BRK-B has not paid dividends to shareholders, while HLMA.L's dividend yield for the trailing twelve months is around 0.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
HLMA.L Halma plc | 0.61% | 0.67% | 0.83% | 0.91% | 0.98% | 0.57% | 0.69% | 0.76% | 1.11% | 1.12% |
Financials
BRK-B vs. HLMA.L - Financials Comparison
This section allows you to compare key financial metrics between Berkshire Hathaway Inc. and Halma plc. 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
BRK-B vs. HLMA.L - Profitability Comparison
BRK-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a gross profit of 26.98B and revenue of 93.68B. Therefore, the gross margin over that period was 28.8%.
HLMA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halma plc reported a gross profit of 0.00 and revenue of 1.34B. Therefore, the gross margin over that period was 0.0%.
BRK-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.
HLMA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halma plc reported an operating income of 268.90M and revenue of 1.34B, resulting in an operating margin of 20.0%.
BRK-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a net income of 10.18B and revenue of 93.68B, resulting in a net margin of 10.9%.
HLMA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halma plc reported a net income of 185.50M and revenue of 1.34B, resulting in a net margin of 13.8%.
Frequently Asked Questions
BRK-B and HLMA.L 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.
Find the right allocation for BRK-B and HLMA.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer