BRK.TO vs. BRK-B
BRK.TO (Berkshire Hathaway CDR (CAD Hedged)) and BRK-B (Berkshire Hathaway Inc.) are both stocks. Both operate in the Insurance - Diversified industry within the Financial Services sector. Over the past year, BRK.TO returned -4.86% vs -0.86% for BRK-B. Their correlation of 0.88 suggests significant overlap in exposure.
Performance
BRK.TO vs. BRK-B - Performance Comparison
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Different Trading Currencies
BRK.TO is traded in CAD, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BRK.TO achieves a -5.68% return, which is significantly lower than BRK-B's -3.47% return.
BRK.TO
- 1D
- 0.52%
- 1M
- 2.56%
- YTD
- -5.68%
- 6M
- -5.99%
- 1Y
- -4.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- 0.79%
- 1M
- 5.01%
- YTD
- -3.47%
- 6M
- -5.21%
- 1Y
- -0.86%
- 3Y*
- 14.65%
- 5Y*
- 13.53%
- 10Y*
- 13.86%
BRK.TO vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BRK.TO Berkshire Hathaway CDR (CAD Hedged) | -5.68% | 3.71% |
BRK-B Berkshire Hathaway Inc. | -3.47% | 1.77% |
Correlation
The correlation between BRK.TO and BRK-B is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025 | 0.88 |
The correlation between BRK.TO and BRK-B has been stable across timeframes, ranging from 0.88 to 0.88 - a consistent structural relationship.
Fundamentals
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Return for Risk
BRK.TO vs. BRK-B — Risk / Return Rank
BRK.TO
BRK-B
BRK.TO vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway CDR (CAD Hedged) (BRK.TO) and Berkshire Hathaway Inc. (BRK-B). 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.TO | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.00 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.07 | -0.40 |
| Martin ratioReturn relative to average drawdown | -0.97 | -0.16 | -0.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRK.TO | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.36 | -0.06 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.84 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | 0.84 | -0.94 |
Drawdowns
BRK.TO vs. BRK-B - Drawdown Comparison
The maximum BRK.TO drawdown since its inception was -15.81%, smaller than the maximum BRK-B drawdown of -22.96%. Use the drawdown chart below to compare losses from any high point for BRK.TO and BRK-B.
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Drawdown Indicators
| BRK.TO | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.81% | -22.96% | +7.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.39% | -11.97% | +1.58% |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.78% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.96% | — |
Current DrawdownCurrent decline from peak | -13.66% | -13.10% | -0.56% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -5.29% | -3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 5.56% | -0.55% |
Volatility
BRK.TO vs. BRK-B - Volatility Comparison
The current volatility for Berkshire Hathaway CDR (CAD Hedged) (BRK.TO) is 3.28%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.94%. This indicates that BRK.TO experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRK.TO | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 3.94% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 10.15% | 11.52% | -1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.51% | 15.13% | -1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.46% | 16.10% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.46% | 18.31% | -0.85% |
Dividends
BRK.TO vs. BRK-B - Dividend Comparison
Neither BRK.TO nor BRK-B has paid dividends to shareholders.
Financials
BRK.TO vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between Berkshire Hathaway CDR (CAD Hedged) and Berkshire Hathaway Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BRK.TO and BRK-B have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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