BRK-B vs. QQQM

Last updated Jun 6, 2026

BRK-B (Berkshire Hathaway Inc.) is a stock, while QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, BRK-B returned 10.78%/yr vs 16.79%/yr for QQQM. At a 0.34 correlation, their price movements are largely independent.

Performance

BRK-B vs. QQQM - Performance Comparison

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

Returns By Period

In the year-to-date period, BRK-B achieves a -2.89% return, which is significantly lower than QQQM's 14.96% return.

BRK-B

• 1D: 1.98%
• 1M: 3.90%
• YTD: -2.89%
• 6M: -3.21%
• 1Y: -0.12%
• 3Y*: 13.55%
• 5Y*: 10.78%
• 10Y*: 13.19%

QQQM

• 1D: -4.78%
• 1M: 1.38%
• YTD: 14.96%
• 6M: 13.04%
• 1Y: 35.13%
• 3Y*: 26.56%
• 5Y*: 16.79%
• 10Y*: —

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

BRK-B vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BRK-B Berkshire Hathaway Inc.	-2.89%	10.89%	27.09%	15.46%	3.31%	28.95%	9.21%
QQQM Invesco NASDAQ 100 ETF	14.96%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.67%

Correlation

The correlation between BRK-B and QQQM 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	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020	0.34

The correlation between BRK-B and QQQM shifts across timeframes, from -0.05 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BRK-B vs. QQQM — 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: 38
BRK-B Sharpe Ratio Rank: 41
BRK-B Sortino Ratio Rank: 33
BRK-B Omega Ratio Rank: 32
BRK-B Calmar Ratio Rank: 41
BRK-B Martin Ratio Rank: 41

QQQM

QQQM Risk / Return Rank: 62
QQQM Sharpe Ratio Rank: 65
QQQM Sortino Ratio Rank: 58
QQQM Omega Ratio Rank: 63
QQQM Calmar Ratio Rank: 61
QQQM Martin Ratio Rank: 63

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. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Invesco NASDAQ 100 ETF (QQQM). 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	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	2.12	-2.13
Sortino ratio: Return per unit of downside risk	0.09	2.73	-2.65
Omega ratio: Gain probability vs. loss probability	1.01	1.37	-0.36
Calmar ratio: Return relative to maximum drawdown	-0.01	2.95	-2.96
Martin ratio: Return relative to average drawdown	-0.03	11.24	-11.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRK-B vs. QQQM - Sharpe Ratio Comparison

The current BRK-B Sharpe Ratio is -0.01, which is lower than the QQQM Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of BRK-B and QQQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BRK-B	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	2.12	-2.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.75	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.79	-0.31

Drawdowns

BRK-B vs. QQQM - Drawdown Comparison

The maximum BRK-B drawdown since its inception was -53.86%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for BRK-B and QQQM.

Drawdown Indicators

	BRK-B	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-53.86%	-35.04%	-18.82%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-11.96%	+2.54%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-22.70%	+7.75%
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	-35.04%	+8.46%
Max Drawdown (10Y) Largest decline over 10 years	-29.57%	—	—
Current Drawdown Current decline from peak	-9.57%	-5.49%	-4.08%
Average Drawdown Average peak-to-trough decline	-11.07%	-8.24%	-2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.47%	3.13%	+1.34%

Volatility

BRK-B vs. QQQM - Volatility Comparison

The current volatility for Berkshire Hathaway Inc. (BRK-B) is 4.08%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 6.68%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRK-B	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	6.68%	-2.60%
Volatility (6M) Calculated over the trailing 6-month period	10.87%	13.07%	-2.20%
Volatility (1Y) Calculated over the trailing 1-year period	14.39%	16.66%	-2.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.13%	22.33%	-5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.43%	22.20%	-2.77%

Dividends

BRK-B vs. QQQM - Dividend Comparison

BRK-B has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.44%.

Position	TTM	2025	2024	2023	2022	2021	2020
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.44%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both BRK-B and QQQM in my portfolio?

BRK-B and QQQM 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.

Which is riskier, BRK-B or QQQM?

QQQM has higher volatility (6.68%) compared to BRK-B (4.08%). In terms of maximum drawdown, BRK-B dropped -53.86% vs QQQM's -35.04%.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (2.12 vs -0.01), 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.