CECO vs. BRK-B
CECO (CECO Environmental Corp.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. CECO operates in Pollution & Treatment Controls (Industrials), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, CECO returned 28.32%/yr vs 13.22%/yr for BRK-B. At a 0.18 correlation, their price movements are largely independent.
Performance
CECO vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, CECO achieves a 61.64% return, which is significantly higher than BRK-B's -2.67% return. Over the past 10 years, CECO has outperformed BRK-B with an annualized return of 28.32%, while BRK-B has yielded a comparatively lower 13.22% annualized return.
CECO
- 1D
- 0.34%
- 1M
- 12.38%
- YTD
- 61.64%
- 6M
- 58.69%
- 1Y
- 248.61%
- 3Y*
- 93.61%
- 5Y*
- 63.46%
- 10Y*
- 28.32%
BRK-B
- 1D
- 0.71%
- 1M
- 1.07%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- 0.35%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
CECO vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CECO CECO Environmental Corp. | 61.64% | 97.98% | 49.06% | 73.63% | 87.48% | -10.49% | -9.14% | 13.48% | 31.58% | -62.30% |
BRK-B Berkshire Hathaway Inc. | -2.67% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between CECO and BRK-B 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 | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 9, 1996 | 0.18 |
The correlation between CECO and BRK-B shifts across timeframes, from 0.04 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CECO:
$3.56B
BRK-B:
$1.06T
CECO:
$0.47
BRK-B:
$33.62
CECO:
206.90
BRK-B:
14.55
CECO:
0.59
BRK-B:
0.56
CECO:
4.36
BRK-B:
2.81
CECO:
11.39
BRK-B:
1.45
CECO:
$812.38M
BRK-B:
$375.39B
CECO:
$278.45M
BRK-B:
$94.36B
CECO:
$77.75M
BRK-B:
$71.92B
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Return for Risk
CECO vs. BRK-B — Risk / Return Rank
CECO
BRK-B
CECO vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CECO Environmental Corp. (CECO) 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.
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.
| CECO | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.99 | ||
| Sortino ratioReturn per unit of downside risk | +3.64 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.01 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 7.09 | -0.02 | +7.12 |
| Martin ratioReturn relative to average drawdown | 22.18 | -0.05 | +22.23 |
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Drawdowns
CECO vs. BRK-B - Drawdown Comparison
The maximum CECO drawdown since its inception was -90.64%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for CECO and BRK-B.
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Drawdown Indicators
| CECO | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.64% | -53.86% | -36.78% |
Max Drawdown (1Y)Largest decline over 1 year | -35.08% | -9.42% | -25.66% |
Max Drawdown (3Y)Largest decline over 3 years | -47.93% | -14.95% | -32.98% |
Max Drawdown (5Y)Largest decline over 5 years | -48.73% | -26.58% | -22.15% |
Max Drawdown (10Y)Largest decline over 10 years | -74.13% | -29.57% | -44.56% |
Current DrawdownCurrent decline from peak | 0.00% | -9.36% | +9.36% |
Average DrawdownAverage peak-to-trough decline | -46.24% | -11.07% | -35.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.20% | 4.53% | +6.67% |
Volatility
CECO vs. BRK-B - Volatility Comparison
CECO Environmental Corp. (CECO) has a higher volatility of 26.73% compared to Berkshire Hathaway Inc. (BRK-B) at 3.95%. This indicates that CECO'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.
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Volatility by Period
| CECO | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.73% | 3.95% | +22.78% |
Volatility (6M)Calculated over the trailing 6-month period | 51.62% | 10.78% | +40.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.59% | 14.38% | +48.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.20% | 17.12% | +35.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.00% | 19.44% | +32.56% |
Dividends
CECO vs. BRK-B - Dividend Comparison
Neither CECO nor BRK-B has paid dividends to shareholders.
| 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% |
CECO CECO Environmental Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.39% | 1.89% | 3.44% |
Financials
CECO vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between CECO Environmental Corp. 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
CECO vs. BRK-B - Profitability Comparison
CECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CECO Environmental Corp. reported a gross profit of 75.38M and revenue of 214.69M. Therefore, the gross margin over that period was 35.1%.
BRK-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a gross profit of 26.98B and revenue of 93.68B. Therefore, the gross margin over that period was 28.8%.
CECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CECO Environmental Corp. reported an operating income of 16.53M and revenue of 214.69M, resulting in an operating margin of 7.7%.
BRK-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.
CECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CECO Environmental Corp. reported a net income of 3.06M and revenue of 214.69M, resulting in a net margin of 1.4%.
BRK-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a net income of 10.18B and revenue of 93.68B, resulting in a net margin of 10.9%.
Frequently Asked Questions
CECO and BRK-B 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.
CECO has higher volatility (26.73%) compared to BRK-B (3.95%). In terms of maximum drawdown, CECO dropped -90.64% vs BRK-B's -53.86%.
CECO currently has the higher Sharpe Ratio (3.98 vs -0.02), 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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