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 13.14%/yr vs 16.44%/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 -3.11% return, which is significantly higher than IGV's -9.50% return. Over the past 10 years, BRK-B has underperformed IGV with an annualized return of 13.14%, while IGV has yielded a comparatively higher 16.44% 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%
IGV
- 1D
- -0.21%
- 1M
- 4.94%
- YTD
- -9.50%
- 6M
- -12.57%
- 1Y
- -9.75%
- 3Y*
- 13.14%
- 5Y*
- 5.60%
- 10Y*
- 16.44%
BRK-B vs. IGV - 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% |
IGV iShares Expanded Tech-Software Sector ETF | -9.50% | 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 -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2001 | 0.38 |
The correlation between BRK-B and IGV shifts across timeframes, from -0.06 (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.
| BRK-B | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.96 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | -0.27 | +0.13 |
| Martin ratioReturn relative to average drawdown | -0.30 | -0.56 | +0.27 |
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 | IGV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | -0.35 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.20 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.63 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.36 | +0.12 |
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 | -9.78% | -18.80% | +9.02% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -14.45% | +3.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 17.33% | -12.84% |
Volatility
BRK-B vs. IGV - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.98%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 12.20%. 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 | 3.98% | 12.20% | -8.22% |
Volatility (6M)Calculated over the trailing 6-month period | 10.87% | 24.65% | -13.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 27.93% | -13.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 27.90% | -10.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 26.38% | -6.94% |
Dividends
BRK-B vs. IGV - Dividend Comparison
Neither BRK-B nor IGV has paid dividends to shareholders.
| 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 | 0.00% | 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 -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (12.20%) compared to BRK-B (3.98%). In terms of maximum drawdown, BRK-B dropped -53.86% vs IGV's -63.45%.
BRK-B currently has the higher Sharpe Ratio (-0.09 vs -0.35), 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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