BRK-B vs. QQC-F.TO

Last updated Jun 13, 2026

BRK-B (Berkshire Hathaway Inc.) is a stock, while QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, BRK-B returned 13.22%/yr vs 19.14%/yr for QQC-F.TO. At a 0.36 correlation, their price movements are largely independent.

Performance

BRK-B vs. QQC-F.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Berkshire Hathaway Inc. (BRK-B) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BRK-B is traded in USD, while QQC-F.TO is traded in CAD. To make them comparable, the QQC-F.TO 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 QQC-F.TO's 13.74% return. Over the past 10 years, BRK-B has underperformed QQC-F.TO with an annualized return of 13.22%, while QQC-F.TO has yielded a comparatively higher 19.14% annualized return.

BRK-B

• 1D: 0.71%
• 1M: 1.36%
• YTD: -2.67%
• 6M: -2.06%
• 1Y: 0.35%
• 3Y*: 13.30%
• 5Y*: 11.27%
• 10Y*: 13.22%

QQC-F.TO

• 1D: 0.47%
• 1M: -0.15%
• YTD: 13.74%
• 6M: 14.59%
• 1Y: 31.16%
• 3Y*: 22.71%
• 5Y*: 12.02%
• 10Y*: 19.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRK-B vs. QQC-F.TO - 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%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	13.74%	24.47%	14.49%	56.53%	-37.39%	27.21%	48.57%	43.54%	-9.81%	41.52%

Correlation

The correlation between BRK-B and QQC-F.TO is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jan 24, 2012	0.36

The correlation between BRK-B and QQC-F.TO shifts across timeframes, from -0.03 (1 year) to 0.37 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

BRK-B vs. QQC-F.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRK-B

BRK-B Risk / Return Rank: 39
BRK-B Sharpe Ratio Rank: 42
BRK-B Sortino Ratio Rank: 34
BRK-B Omega Ratio Rank: 33
BRK-B Calmar Ratio Rank: 42
BRK-B Martin Ratio Rank: 42

QQC-F.TO

QQC-F.TO Risk / Return Rank: 64
QQC-F.TO Sharpe Ratio Rank: 69
QQC-F.TO Sortino Ratio Rank: 65
QQC-F.TO Omega Ratio Rank: 66
QQC-F.TO Calmar Ratio Rank: 58
QQC-F.TO Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRK-B vs. QQC-F.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO). 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	QQC-F.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	1.69	-1.71
Sortino ratio: Return per unit of downside risk	0.08	2.26	-2.19
Omega ratio: Gain probability vs. loss probability	1.01	1.30	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.02	2.14	-2.16
Martin ratio: Return relative to average drawdown	-0.05	8.21	-8.25

BRK-B vs. QQC-F.TO - Sharpe Ratio Comparison

The current BRK-B Sharpe Ratio is -0.02, which is lower than the QQC-F.TO Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of BRK-B and QQC-F.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRK-B vs. QQC-F.TO - Drawdown Comparison

The maximum BRK-B drawdown since its inception was -53.86%, which is greater than QQC-F.TO's maximum drawdown of -41.52%. Use the drawdown chart below to compare losses from any high point for BRK-B and QQC-F.TO.

Drawdown Indicators

	BRK-B	QQC-F.TO	Difference
Max Drawdown Largest peak-to-trough decline	-53.86%	-41.52%	-12.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-14.10%	+4.68%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-22.89%	+7.94%
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	-41.52%	+14.94%
Max Drawdown (10Y) Largest decline over 10 years	-29.57%	-41.52%	+11.95%
Current Drawdown Current decline from peak	-9.36%	-4.36%	-5.00%
Average Drawdown Average peak-to-trough decline	-11.07%	-7.44%	-3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.53%	3.67%	+0.86%

Volatility

BRK-B vs. QQC-F.TO - Volatility Comparison

The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 7.22%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than QQC-F.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRK-B	QQC-F.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	7.22%	-3.27%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	14.09%	-3.31%
Volatility (1Y) Calculated over the trailing 1-year period	14.38%	17.86%	-3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	23.35%	-6.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	23.49%	-4.05%

Dividends

BRK-B vs. QQC-F.TO - Dividend Comparison

BRK-B has not paid dividends to shareholders, while QQC-F.TO's dividend yield for the trailing twelve months is around 0.34%.

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%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.34%	0.39%	0.50%	0.57%	0.89%	0.66%	0.49%	0.64%	0.77%	0.66%	0.81%	0.76%

Frequently Asked Questions

Can I hold both BRK-B and QQC-F.TO in my portfolio?

BRK-B and QQC-F.TO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.