EDEN vs. BRK-B
EDEN (iShares MSCI Denmark ETF) is Europe Equities fund tracking the MSCI Denmark IMI 25/50 Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, EDEN returned 8.44%/yr vs 13.14%/yr for BRK-B. At a 0.37 correlation, their price movements are largely independent.
Performance
EDEN vs. BRK-B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EDEN achieves a -5.83% return, which is significantly lower than BRK-B's -3.11% return. Over the past 10 years, EDEN has underperformed BRK-B with an annualized return of 8.44%, while BRK-B has yielded a comparatively higher 13.14% annualized return.
EDEN
- 1D
- -1.08%
- 1M
- -3.88%
- YTD
- -5.83%
- 6M
- -2.08%
- 1Y
- -6.41%
- 3Y*
- 2.17%
- 5Y*
- 1.47%
- 10Y*
- 8.44%
BRK-B
- 1D
- -0.23%
- 1M
- 2.32%
- YTD
- -3.11%
- 6M
- -2.06%
- 1Y
- -1.32%
- 3Y*
- 13.25%
- 5Y*
- 11.03%
- 10Y*
- 13.14%
EDEN vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | -5.83% | 10.58% | -3.94% | 17.99% | -11.47% | 14.81% | 42.56% | 24.37% | -14.43% | 35.39% |
BRK-B Berkshire Hathaway Inc. | -3.11% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between EDEN and BRK-B is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2012 | 0.37 |
Over the past year, the correlation between EDEN and BRK-B has dropped to 0.12 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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
EDEN vs. BRK-B — Risk / Return Rank
EDEN
BRK-B
EDEN vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Denmark ETF (EDEN) 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.
| EDEN | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.00 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | -0.14 | -0.16 |
| Martin ratioReturn relative to average drawdown | -0.63 | -0.30 | -0.34 |
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
| EDEN | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | -0.09 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.65 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.68 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.48 | +0.15 |
Drawdowns
EDEN vs. BRK-B - Drawdown Comparison
The maximum EDEN drawdown since its inception was -36.61%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for EDEN and BRK-B.
Loading charts...
Drawdown Indicators
| EDEN | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.61% | -53.86% | +17.25% |
Max Drawdown (1Y)Largest decline over 1 year | -21.17% | -9.42% | -11.75% |
Max Drawdown (3Y)Largest decline over 3 years | -29.31% | -14.95% | -14.36% |
Max Drawdown (5Y)Largest decline over 5 years | -36.61% | -26.58% | -10.03% |
Max Drawdown (10Y)Largest decline over 10 years | -36.61% | -29.57% | -7.04% |
Current DrawdownCurrent decline from peak | -16.04% | -9.78% | -6.26% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -11.07% | +3.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.14% | 4.49% | +5.65% |
Volatility
EDEN vs. BRK-B - Volatility Comparison
iShares MSCI Denmark ETF (EDEN) has a higher volatility of 4.45% compared to Berkshire Hathaway Inc. (BRK-B) at 3.98%. This indicates that EDEN'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.
Loading charts...
Volatility by Period
| EDEN | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 3.98% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 15.77% | 10.87% | +4.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.91% | 14.38% | +6.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.23% | 17.13% | +3.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 19.44% | 0.00% |
Dividends
EDEN vs. BRK-B - Dividend Comparison
EDEN's dividend yield for the trailing twelve months is around 2.96%, while BRK-B has not 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% |
EDEN iShares MSCI Denmark ETF | 2.96% | 2.79% | 1.50% | 1.92% | 1.47% | 0.74% | 0.42% | 2.36% | 2.01% | 2.03% | 1.28% | 1.46% |
Frequently Asked Questions
EDEN and BRK-B have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDEN has higher volatility (4.45%) compared to BRK-B (3.98%). In terms of maximum drawdown, EDEN dropped -36.61% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (-0.09 vs -0.31), 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 EDEN and BRK-B
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