BRK-B vs. SSG
BRK-B (Berkshire Hathaway Inc.) is a stock, while SSG (Proshares Ultrashort Semiconductors) is Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (-200%). Over the past 10 years, BRK-B returned 12.97%/yr vs -61.30%/yr for SSG. At a correlation of -0.38, they often move in opposite directions.
Performance
BRK-B vs. SSG - Performance Comparison
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Returns By Period
In the year-to-date period, BRK-B achieves a -2.59% return, which is significantly higher than SSG's -58.47% return. Over the past 10 years, BRK-B has outperformed SSG with an annualized return of 12.97%, while SSG has yielded a comparatively lower -61.30% annualized return.
BRK-B
- 1D
- -0.33%
- 1M
- 0.04%
- 6M
- 0.88%
- YTD
- -2.59%
- 1Y
- 3.21%
- 3Y*
- 12.30%
- 5Y*
- 12.01%
- 10Y*
- 12.97%
- ALL TIME*
- 10.56%
SSG
- 1D
- -8.19%
- 1M
- 12.49%
- 6M
- -57.12%
- YTD
- -58.47%
- 1Y
- -71.59%
- 3Y*
- -72.84%
- 5Y*
- -66.02%
- 10Y*
- -61.30%
- ALL TIME*
- -48.83%
BRK-B vs. SSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -2.59% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
SSG Proshares Ultrashort Semiconductors | -58.47% | -70.03% | -77.59% | -78.69% | 37.90% | -67.46% | -76.50% | -63.33% | -0.79% | -51.60% |
Correlation
The correlation between BRK-B and SSG is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007 | -0.38 |
The correlation between BRK-B and SSG shifts across timeframes, from -0.38 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BRK-B vs. SSG — Risk / Return Rank
BRK-B
SSG
BRK-B vs. SSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and Proshares Ultrashort Semiconductors (SSG). 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 | SSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.80 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.94 | +1.28 |
| Martin ratioReturn relative to average drawdown | 0.71 | -1.59 | +2.30 |
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Drawdowns
BRK-B vs. SSG - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum SSG drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for BRK-B and SSG.
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Drawdown Indicators
| BRK-B | SSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -100.00% | +46.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -76.13% | +66.71% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -98.56% | +83.61% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -99.66% | +73.08% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -99.99% | +70.42% |
Current DrawdownCurrent decline from peak | -9.29% | -100.00% | +90.71% |
Average DrawdownAverage peak-to-trough decline | -11.06% | -88.65% | +77.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.51% | 45.12% | -40.61% |
Volatility
BRK-B vs. SSG - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 4.42%, while Proshares Ultrashort Semiconductors (SSG) has a volatility of 29.20%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than SSG 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 | SSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 29.20% | -24.78% |
Volatility (6M)Calculated over the trailing 6-month period | 11.07% | 59.54% | -48.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.54% | 72.74% | -58.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 79.20% | -62.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.40% | 70.00% | -50.60% |
Dividends
BRK-B vs. SSG - Dividend Comparison
BRK-B has not paid dividends to shareholders, while SSG's dividend yield for the trailing twelve months is around 9.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSG Proshares Ultrashort Semiconductors | 9.81% | 9.19% | 7.67% | 6.73% | 0.75% | 0.00% | 0.34% | 1.81% | 0.62% |
Frequently Asked Questions
BRK-B and SSG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SSG has higher volatility (29.20%) compared to BRK-B (4.42%). In terms of maximum drawdown, BRK-B dropped -53.86% vs SSG's -100.00%.
BRK-B currently has the higher Sharpe Ratio (0.22 vs -0.99), 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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