EMEC.DE vs. BRK-B

Last updated Jun 5, 2026

EMEC.DE (BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR) is Global Equities fund tracking the ECPI Circular Economy Leaders Equity, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, EMEC.DE returned 9.49%/yr vs 11.37%/yr for BRK-B. At a 0.37 correlation, their price movements are largely independent.

Performance

EMEC.DE vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EMEC.DE is traded in EUR, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EMEC.DE achieves a 10.95% return, which is significantly higher than BRK-B's -3.69% return.

EMEC.DE

• 1D: -0.24%
• 1M: 5.19%
• YTD: 10.95%
• 6M: 10.54%
• 1Y: 21.09%
• 3Y*: 11.29%
• 5Y*: 9.49%
• 10Y*: —

BRK-B

• 1D: 0.55%
• 1M: 3.50%
• YTD: -3.69%
• 6M: -4.63%
• 1Y: -4.16%
• 3Y*: 10.34%
• 5Y*: 11.37%
• 10Y*: 12.68%

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

EMEC.DE vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EMEC.DE BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR	10.95%	5.92%	10.86%	19.48%	-12.91%	37.20%	8.36%	18.47%
BRK-B Berkshire Hathaway Inc.	-3.69%	-2.27%	35.48%	12.00%	9.71%	38.60%	-6.07%	12.77%

Correlation

The correlation between EMEC.DE and BRK-B is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jun 5, 2019	0.37

Over the past year, the correlation between EMEC.DE and BRK-B has dropped to 0.15 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.

Return for Risk

EMEC.DE vs. BRK-B — Risk / Return Rank

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

EMEC.DE

EMEC.DE Risk / Return Rank: 52
EMEC.DE Sharpe Ratio Rank: 51
EMEC.DE Sortino Ratio Rank: 53
EMEC.DE Omega Ratio Rank: 49
EMEC.DE Calmar Ratio Rank: 54
EMEC.DE Martin Ratio Rank: 53

BRK-B

BRK-B Risk / Return Rank: 31
BRK-B Sharpe Ratio Rank: 34
BRK-B Sortino Ratio Rank: 28
BRK-B Omega Ratio Rank: 27
BRK-B Calmar Ratio Rank: 33
BRK-B Martin Ratio Rank: 32

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.

EMEC.DE vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) 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.

	EMEC.DE	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.73	-0.28	+2.01
Sortino ratio: Return per unit of downside risk	2.53	-0.28	+2.82
Omega ratio: Gain probability vs. loss probability	1.31	0.97	+0.34
Calmar ratio: Return relative to maximum drawdown	2.64	-0.38	+3.02
Martin ratio: Return relative to average drawdown	9.05	-0.79	+9.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMEC.DE vs. BRK-B - Sharpe Ratio Comparison

The current EMEC.DE Sharpe Ratio is 1.73, which is higher than the BRK-B Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of EMEC.DE 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

	EMEC.DE	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	-0.28	+2.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.66	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.49	+0.33

Drawdowns

EMEC.DE vs. BRK-B - Drawdown Comparison

The maximum EMEC.DE drawdown since its inception was -30.18%, smaller than the maximum BRK-B drawdown of -45.91%. Use the drawdown chart below to compare losses from any high point for EMEC.DE and BRK-B.

Drawdown Indicators

	EMEC.DE	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-30.18%	-45.91%	+15.73%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-11.04%	+3.09%
Max Drawdown (3Y) Largest decline over 3 years	-20.78%	-20.62%	-0.16%
Max Drawdown (5Y) Largest decline over 5 years	-20.78%	-22.31%	+1.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.74%	—
Current Drawdown Current decline from peak	-0.24%	-17.01%	+16.77%
Average Drawdown Average peak-to-trough decline	-5.05%	-9.73%	+4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	5.30%	-2.98%

Volatility

EMEC.DE vs. BRK-B - Volatility Comparison

The current volatility for BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) is 3.47%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.72%. This indicates that EMEC.DE 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.

Volatility by Period

	EMEC.DE	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	3.72%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	8.86%	11.24%	-2.38%
Volatility (1Y) Calculated over the trailing 1-year period	12.15%	15.04%	-2.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.05%	17.37%	-3.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.00%	20.09%	-4.09%

Dividends

EMEC.DE vs. BRK-B - Dividend Comparison

Neither EMEC.DE nor BRK-B has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EMEC.DE and BRK-B in my portfolio?

EMEC.DE and BRK-B have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.