BRKY.NEO vs. FTS-PH.TO

Last updated Jun 5, 2026

BRKY.NEO (Berkshire Hathaway Yield Shares Purpose ETF) is Large Cap Blend Equities fund actively managed by Purpose Investments, while FTS-PH.TO (Fortis Inc.) is a stock. Over the past 3 years, BRKY.NEO returned 14.17%/yr vs 25.29%/yr for FTS-PH.TO. At a 0.10 correlation, their price movements are largely independent.

Performance

BRKY.NEO vs. FTS-PH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) and Fortis Inc. (FTS-PH.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRKY.NEO achieves a -6.22% return, which is significantly lower than FTS-PH.TO's 13.40% return.

BRKY.NEO

• 1D: 0.68%
• 1M: 1.77%
• YTD: -6.22%
• 6M: -6.18%
• 1Y: -4.97%
• 3Y*: 14.17%
• 5Y*: —
• 10Y*: —

FTS-PH.TO

• 1D: 0.05%
• 1M: 3.31%
• YTD: 13.40%
• 6M: 14.00%
• 1Y: 26.85%
• 3Y*: 25.29%
• 5Y*: 10.54%
• 10Y*: 8.46%

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

BRKY.NEO vs. FTS-PH.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BRKY.NEO Berkshire Hathaway Yield Shares Purpose ETF	-6.22%	9.35%	34.35%	15.68%	2.15%
FTS-PH.TO Fortis Inc.	13.40%	20.68%	29.63%	10.82%	-0.65%

Correlation

The correlation between BRKY.NEO and FTS-PH.TO is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022	0.10

Return for Risk

BRKY.NEO vs. FTS-PH.TO — Risk / Return Rank

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

BRKY.NEO

BRKY.NEO Risk / Return Rank: 5
BRKY.NEO Sharpe Ratio Rank: 6
BRKY.NEO Sortino Ratio Rank: 6
BRKY.NEO Omega Ratio Rank: 5
BRKY.NEO Calmar Ratio Rank: 5
BRKY.NEO Martin Ratio Rank: 4

FTS-PH.TO

FTS-PH.TO Risk / Return Rank: 93
FTS-PH.TO Sharpe Ratio Rank: 91
FTS-PH.TO Sortino Ratio Rank: 91
FTS-PH.TO Omega Ratio Rank: 92
FTS-PH.TO Calmar Ratio Rank: 97
FTS-PH.TO Martin Ratio Rank: 97

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.

BRKY.NEO vs. FTS-PH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) and Fortis Inc. (FTS-PH.TO). 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.

	BRKY.NEO	FTS-PH.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	2.36	-2.71
Sortino ratio: Return per unit of downside risk	-0.39	3.42	-3.81
Omega ratio: Gain probability vs. loss probability	0.95	1.47	-0.52
Calmar ratio: Return relative to maximum drawdown	-0.51	8.84	-9.34
Martin ratio: Return relative to average drawdown	-1.07	24.54	-25.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRKY.NEO vs. FTS-PH.TO - Sharpe Ratio Comparison

The current BRKY.NEO Sharpe Ratio is -0.35, which is lower than the FTS-PH.TO Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of BRKY.NEO and FTS-PH.TO, 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

	BRKY.NEO	FTS-PH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.35	2.36	-2.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.16	+0.70

Drawdowns

BRKY.NEO vs. FTS-PH.TO - Drawdown Comparison

The maximum BRKY.NEO drawdown since its inception was -17.43%, smaller than the maximum FTS-PH.TO drawdown of -56.68%. Use the drawdown chart below to compare losses from any high point for BRKY.NEO and FTS-PH.TO.

Drawdown Indicators

	BRKY.NEO	FTS-PH.TO	Difference
Max Drawdown Largest peak-to-trough decline	-17.43%	-56.68%	+39.25%
Max Drawdown (1Y) Largest decline over 1 year	-10.55%	-2.96%	-7.59%
Max Drawdown (3Y) Largest decline over 3 years	-17.43%	-15.64%	-1.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-33.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.44%	—
Current Drawdown Current decline from peak	-15.05%	-1.13%	-13.92%
Average Drawdown Average peak-to-trough decline	-5.63%	-17.41%	+11.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	1.11%	+3.89%

Volatility

BRKY.NEO vs. FTS-PH.TO - Volatility Comparison

Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) has a higher volatility of 3.54% compared to Fortis Inc. (FTS-PH.TO) at 2.73%. This indicates that BRKY.NEO's price experiences larger fluctuations and is considered to be riskier than FTS-PH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKY.NEO	FTS-PH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	2.73%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	11.60%	8.47%	+3.13%
Volatility (1Y) Calculated over the trailing 1-year period	15.23%	11.17%	+4.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.77%	17.70%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.77%	21.29%	-3.52%

Dividends

BRKY.NEO vs. FTS-PH.TO - Dividend Comparison

BRKY.NEO's dividend yield for the trailing twelve months is around 7.55%, more than FTS-PH.TO's 4.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRKY.NEO Berkshire Hathaway Yield Shares Purpose ETF	7.55%	5.58%	11.30%	5.40%	0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTS-PH.TO Fortis Inc.	4.98%	3.96%	2.79%	3.51%	3.75%	2.70%	4.88%	4.63%	4.15%	3.46%	4.41%	5.76%

Frequently Asked Questions

Can I hold both BRKY.NEO and FTS-PH.TO in my portfolio?

BRKY.NEO and FTS-PH.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.