BRKU vs. BRK-B

Last updated Jun 3, 2026

BRKU (Direxion Daily BRKB Bull 2X Shares) is Leveraged Equities fund actively managed by Direxion, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past year, BRKU returned -22.02% vs -6.23% for BRK-B. With a 0.99 correlation, they move nearly in lockstep.

Performance

BRKU vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily BRKB Bull 2X Shares (BRKU) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRKU achieves a -16.14% return, which is significantly lower than BRK-B's -6.20% return.

BRKU

• 1D: 0.80%
• 1M: -1.61%
• YTD: -16.14%
• 6M: -18.32%
• 1Y: -22.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: 0.26%
• 1M: -0.32%
• YTD: -6.20%
• 6M: -6.94%
• 1Y: -6.23%
• 3Y*: 12.69%
• 5Y*: 10.06%
• 10Y*: 12.82%

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

BRKU vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BRKU Direxion Daily BRKB Bull 2X Shares	-16.14%	6.44%	-3.96%
BRK-B Berkshire Hathaway Inc.	-6.20%	10.89%	-1.76%

Correlation

The correlation between BRKU and BRK-B is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024	0.99

The correlation between BRKU and BRK-B has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

BRKU vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRKU

BRKU Risk / Return Rank: 2
BRKU Sharpe Ratio Rank: 2
BRKU Sortino Ratio Rank: 3
BRKU Omega Ratio Rank: 3
BRKU Calmar Ratio Rank: 1
BRKU Martin Ratio Rank: 0

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 21
BRK-B Sortino Ratio Rank: 19
BRK-B Omega Ratio Rank: 19
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 8

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.

BRKU vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) 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.

	BRKU	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	-0.80	-0.44	-0.36
Sortino ratio Return per unit of downside risk	-1.00	-0.51	-0.50
Omega ratio Gain probability vs. loss probability	0.88	0.94	-0.06
Calmar ratio Return relative to maximum drawdown	-0.96	-0.68	-0.28
Martin ratio Return relative to average drawdown	-1.81	-1.36	-0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRKU vs. BRK-B - Sharpe Ratio Comparison

The current BRKU Sharpe Ratio is -0.80, which is lower than the BRK-B Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of BRKU and BRK-B, 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

	BRKU	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.80	-0.44	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.29	0.48	-0.77

Drawdowns

BRKU vs. BRK-B - Drawdown Comparison

The maximum BRKU drawdown since its inception was -35.37%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for BRKU and BRK-B.

Drawdown Indicators

	BRKU	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-35.37%	-53.86%	+18.49%
Max Drawdown (1Y) Largest decline over 1 year	-22.06%	-9.42%	-12.64%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-34.19%	-12.65%	-21.54%
Average Drawdown Average peak-to-trough decline	-18.83%	-11.07%	-7.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.44%	4.73%	+7.71%

Volatility

BRKU vs. BRK-B - Volatility Comparison

Direxion Daily BRKB Bull 2X Shares (BRKU) has a higher volatility of 7.31% compared to Berkshire Hathaway Inc. (BRK-B) at 3.79%. This indicates that BRKU's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKU	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	3.79%	+3.52%
Volatility (6M) Calculated over the trailing 6-month period	20.68%	10.68%	+10.00%
Volatility (1Y) Calculated over the trailing 1-year period	27.74%	14.31%	+13.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.44%	17.11%	+17.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.44%	19.43%	+15.01%

Dividends

BRKU vs. BRK-B - Dividend Comparison

BRKU's dividend yield for the trailing twelve months is around 3.04%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%
BRKU Direxion Daily BRKB Bull 2X Shares	3.04%	2.44%

Frequently Asked Questions

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

With a correlation of 0.99, BRKU and BRK-B move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BRKU or BRK-B?

BRKU has higher volatility (7.31%) compared to BRK-B (3.79%). In terms of maximum drawdown, BRKU dropped -35.37% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

BRK-B currently has the higher Sharpe Ratio (-0.44 vs -0.80), 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.