ENGW.L vs. BRK-B

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR MSCI World Energy UCITS ETF (ENGW.L) and Berkshire Hathaway Inc. (BRK-B).

ENGW.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Energy NR USD. It was launched on Apr 29, 2016.

Performance

ENGW.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR MSCI World Energy UCITS ETF (ENGW.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

ENGW.L vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ENGW.L SPDR MSCI World Energy UCITS ETF	33.41%	7.20%	3.55%	-2.06%	20.65%
BRK-B Berkshire Hathaway Inc.	-3.23%	2.99%	29.31%	9.69%	-3.04%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ENGW.L achieves a 33.41% return, which is significantly higher than BRK-B's -3.23% return.

ENGW.L

• 1D: -5.24%
• 1M: 6.54%
• YTD: 33.41%
• 6M: 36.93%
• 1Y: 32.63%
• 3Y*: 15.27%
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: -0.38%
• 1M: 0.78%
• YTD: -3.23%
• 6M: -2.33%
• 1Y: -12.48%
• 3Y*: 12.98%
• 5Y*: 14.10%
• 10Y*: 13.58%

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

Return for Risk

ENGW.L vs. BRK-B — Risk / Return Rank

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

ENGW.L

ENGW.L Risk / Return Rank: 77
ENGW.L Sharpe Ratio Rank: 79
ENGW.L Sortino Ratio Rank: 75
ENGW.L Omega Ratio Rank: 76
ENGW.L Calmar Ratio Rank: 83
ENGW.L Martin Ratio Rank: 73

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 16
BRK-B Sortino Ratio Rank: 16
BRK-B Omega Ratio Rank: 16
BRK-B Calmar Ratio Rank: 17
BRK-B Martin Ratio Rank: 19

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.

ENGW.L vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Energy UCITS ETF (ENGW.L) 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.

	ENGW.L	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.56	-0.66	+2.22
Sortino ratio Return per unit of downside risk	1.97	-0.80	+2.77
Omega ratio Gain probability vs. loss probability	1.30	0.90	+0.40
Calmar ratio Return relative to maximum drawdown	2.61	-0.73	+3.33
Martin ratio Return relative to average drawdown	8.20	-1.11	+9.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENGW.L vs. BRK-B - Sharpe Ratio Comparison

The current ENGW.L Sharpe Ratio is 1.56, which is higher than the BRK-B Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of ENGW.L and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ENGW.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	-0.66	+2.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.58	+0.09

Correlation

The correlation between ENGW.L and BRK-B is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ENGW.L vs. BRK-B - Dividend Comparison

Neither ENGW.L nor BRK-B has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ENGW.L vs. BRK-B - Drawdown Comparison

The maximum ENGW.L drawdown since its inception was -21.65%, smaller than the maximum BRK-B drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for ENGW.L and BRK-B.

Drawdown Indicators

	ENGW.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-21.65%	-53.86%	+32.21%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-14.95%	-2.55%
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	-5.72%	-11.36%	+5.64%
Average Drawdown Average peak-to-trough decline	-8.75%	-11.07%	+2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.00%	8.72%	-4.72%

Volatility

ENGW.L vs. BRK-B - Volatility Comparison

SPDR MSCI World Energy UCITS ETF (ENGW.L) has a higher volatility of 8.49% compared to Berkshire Hathaway Inc. (BRK-B) at 4.68%. This indicates that ENGW.L'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

	ENGW.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.49%	4.68%	+3.81%
Volatility (6M) Calculated over the trailing 6-month period	13.92%	12.29%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	20.88%	18.95%	+1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.35%	16.95%	+5.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.35%	19.84%	+2.51%