BRK-B vs. SCHG

Last updated Jun 13, 2026

BRK-B (Berkshire Hathaway Inc.) is a stock, while SCHG (Schwab U.S. Large-Cap Growth ETF) is Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Over the past 10 years, BRK-B returned 13.22%/yr vs 18.50%/yr for SCHG. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

BRK-B vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Berkshire Hathaway Inc. (BRK-B) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRK-B achieves a -2.67% return, which is significantly lower than SCHG's 2.58% return. Over the past 10 years, BRK-B has underperformed SCHG with an annualized return of 13.22%, while SCHG has yielded a comparatively higher 18.50% 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%

SCHG

• 1D: 0.12%
• 1M: -2.62%
• YTD: 2.58%
• 6M: 2.96%
• 1Y: 18.71%
• 3Y*: 22.68%
• 5Y*: 14.33%
• 10Y*: 18.50%

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

BRK-B vs. SCHG - 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%
SCHG Schwab U.S. Large-Cap Growth ETF	2.58%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%

Correlation

The correlation between BRK-B and SCHG is -0.00, 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	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Dec 11, 2009	0.56

The correlation between BRK-B and SCHG shifts across timeframes, from -0.00 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BRK-B vs. SCHG — 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

SCHG

SCHG Risk / Return Rank: 33
SCHG Sharpe Ratio Rank: 37
SCHG Sortino Ratio Rank: 35
SCHG Omega Ratio Rank: 36
SCHG Calmar Ratio Rank: 27
SCHG Martin Ratio Rank: 30

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. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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	SCHG	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	1.18	-1.19
Sortino ratio: Return per unit of downside risk	0.08	1.64	-1.56
Omega ratio: Gain probability vs. loss probability	1.01	1.21	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.02	1.14	-1.17
Martin ratio: Return relative to average drawdown	-0.05	3.78	-3.83

BRK-B vs. SCHG - Sharpe Ratio Comparison

The current BRK-B Sharpe Ratio is -0.02, which is lower than the SCHG Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of BRK-B and SCHG, 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. SCHG - Drawdown Comparison

The maximum BRK-B drawdown since its inception was -53.86%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for BRK-B and SCHG.

Drawdown Indicators

	BRK-B	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-53.86%	-34.59%	-19.27%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-16.41%	+6.99%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-23.39%	+8.44%
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	-34.59%	+8.01%
Max Drawdown (10Y) Largest decline over 10 years	-29.57%	-34.59%	+5.02%
Current Drawdown Current decline from peak	-9.36%	-5.33%	-4.03%
Average Drawdown Average peak-to-trough decline	-11.07%	-5.20%	-5.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.53%	4.96%	-0.43%

Volatility

BRK-B vs. SCHG - Volatility Comparison

The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.14%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRK-B	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	5.14%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	12.30%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	14.38%	15.95%	-1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	22.33%	-5.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	21.58%	-2.14%

Dividends

BRK-B vs. SCHG - Dividend Comparison

BRK-B has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.38%.

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%
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%

Frequently Asked Questions

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

BRK-B and SCHG have a correlation of -0.00, 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 SCHG?

SCHG has higher volatility (5.14%) compared to BRK-B (3.95%). In terms of maximum drawdown, BRK-B dropped -53.86% vs SCHG's -34.59%.

Which has better risk-adjusted returns?

SCHG currently has the higher Sharpe Ratio (1.18 vs -0.02), 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.