BRK-B vs. USD
BRK-B (Berkshire Hathaway Inc.) is a stock, while USD (ProShares Ultra Semiconductors) is Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Over the past 10 years, BRK-B returned 13.19%/yr vs 58.18%/yr for USD. At a 0.40 correlation, their price movements are largely independent.
Performance
BRK-B vs. USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BRK-B achieves a -2.89% return, which is significantly lower than USD's 69.08% return. Over the past 10 years, BRK-B has underperformed USD with an annualized return of 13.19%, while USD has yielded a comparatively higher 58.18% annualized 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%
USD
- 1D
- -16.84%
- 1M
- 0.03%
- YTD
- 69.08%
- 6M
- 62.79%
- 1Y
- 196.23%
- 3Y*
- 111.77%
- 5Y*
- 61.72%
- 10Y*
- 58.18%
BRK-B vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -2.89% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
USD ProShares Ultra Semiconductors | 69.08% | 62.08% | 139.64% | 228.79% | -68.57% | 104.27% | 68.16% | 110.37% | -26.88% | 81.72% |
Correlation
The correlation between BRK-B and USD is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2007 | 0.40 |
The correlation between BRK-B and USD shifts across timeframes, from -0.23 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRK-B vs. USD — Risk / Return Rank
BRK-B
USD
BRK-B vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) and ProShares Ultra Semiconductors (USD). 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 | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.11 | ||
| Sortino ratioReturn per unit of downside risk | -2.90 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.41 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 6.21 | -6.22 |
| Martin ratioReturn relative to average drawdown | -0.03 | 17.82 | -17.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BRK-B | USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 3.10 | -3.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.81 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.84 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.46 | +0.02 |
Drawdowns
BRK-B vs. USD - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for BRK-B and USD.
Loading charts...
Drawdown Indicators
| BRK-B | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -88.63% | +34.77% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -31.80% | +22.38% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -64.46% | +49.51% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -77.85% | +51.27% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -77.85% | +48.28% |
Current DrawdownCurrent decline from peak | -9.57% | -21.89% | +12.32% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -32.34% | +21.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 11.06% | -6.59% |
Volatility
BRK-B vs. USD - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 4.08%, while ProShares Ultra Semiconductors (USD) has a volatility of 27.63%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BRK-B | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 27.63% | -23.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.87% | 50.45% | -39.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.39% | 63.70% | -49.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 76.91% | -59.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.43% | 69.45% | -50.02% |
Dividends
BRK-B vs. USD - Dividend Comparison
BRK-B has not paid dividends to shareholders, while USD's dividend yield for the trailing twelve months is around 0.27%.
| 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% |
USD ProShares Ultra Semiconductors | 0.27% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Frequently Asked Questions
BRK-B and USD have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (27.63%) compared to BRK-B (4.08%). In terms of maximum drawdown, BRK-B dropped -53.86% vs USD's -88.63%.
USD currently has the higher Sharpe Ratio (3.10 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.
Find the right allocation for BRK-B and USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer