BRK-B vs. IGV
BRK-B (Berkshire Hathaway Inc.) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, BRK-B returned 13.01%/yr vs 15.60%/yr for IGV. At a 0.38 correlation, their price movements are largely independent.
Performance
BRK-B vs. IGV - Performance Comparison
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Returns By Period
In the year-to-date period, BRK-B achieves a -2.27% return, which is significantly higher than IGV's -12.01% return. Over the past 10 years, BRK-B has underperformed IGV with an annualized return of 13.01%, while IGV has yielded a comparatively higher 15.60% annualized return.
BRK-B
- 1D
- 0.07%
- 1M
- 0.37%
- 6M
- -0.41%
- YTD
- -2.27%
- 1Y
- 3.68%
- 3Y*
- 12.42%
- 5Y*
- 11.91%
- 10Y*
- 13.01%
- ALL TIME*
- 10.58%
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
BRK-B vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -2.27% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between BRK-B and IGV is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.38 |
The correlation between BRK-B and IGV shifts across timeframes, from -0.05 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BRK-B vs. IGV — Risk / Return Rank
BRK-B
IGV
BRK-B vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and iShares Expanded Tech-Software Sector ETF (IGV). 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 | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.92 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.39 | -0.45 | +0.84 |
| Martin ratioReturn relative to average drawdown | 0.82 | -0.86 | +1.68 |
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Drawdowns
BRK-B vs. IGV - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for BRK-B and IGV.
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Drawdown Indicators
| BRK-B | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -63.45% | +9.59% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -36.61% | +27.19% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -36.61% | +21.66% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -45.85% | +19.27% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -45.85% | +16.28% |
Current DrawdownCurrent decline from peak | -8.99% | -21.05% | +12.06% |
Average DrawdownAverage peak-to-trough decline | -11.06% | -14.48% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 18.89% | -14.39% |
Volatility
BRK-B vs. IGV - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 4.42%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 7.17%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than IGV 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 | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 7.17% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 11.07% | 25.18% | -14.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.57% | 28.69% | -14.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.09% | 28.08% | -10.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.40% | 26.41% | -7.01% |
Dividends
BRK-B vs. IGV - Dividend Comparison
BRK-B has not paid dividends to shareholders, while IGV's dividend yield for the trailing twelve months is around 0.02%.
| 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% |
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
Frequently Asked Questions
BRK-B and IGV have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (7.17%) compared to BRK-B (4.42%). In terms of maximum drawdown, BRK-B dropped -53.86% vs IGV's -63.45%.
BRK-B currently has the higher Sharpe Ratio (0.25 vs -0.57), 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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