ESEE.DE vs. BRK-B

Last updated Jun 5, 2026

ESEE.DE (BNP Paribas Easy S&P 500 UCITS ETF EUR) is S&P 500 fund tracking the S&P 500 Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, ESEE.DE returned 15.09%/yr vs 12.68%/yr for BRK-B. At a 0.43 correlation, their price movements are largely independent.

Performance

ESEE.DE vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.DE) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ESEE.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, ESEE.DE achieves a 11.27% return, which is significantly higher than BRK-B's -3.69% return. Over the past 10 years, ESEE.DE has outperformed BRK-B with an annualized return of 15.09%, while BRK-B has yielded a comparatively lower 12.68% annualized return.

ESEE.DE

• 1D: -0.16%
• 1M: 5.21%
• YTD: 11.27%
• 6M: 11.25%
• 1Y: 25.34%
• 3Y*: 18.69%
• 5Y*: 14.69%
• 10Y*: 15.09%

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)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESEE.DE BNP Paribas Easy S&P 500 UCITS ETF EUR	11.27%	4.37%	32.16%	22.65%	-14.21%	40.85%	7.14%	34.97%	-0.85%	7.07%
BRK-B Berkshire Hathaway Inc.	-3.69%	-2.27%	35.48%	12.00%	9.71%	38.60%	-6.07%	13.44%	7.84%	6.68%

Correlation

The correlation between ESEE.DE 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	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Oct 29, 2013	0.43

Over the past year, the correlation between ESEE.DE and BRK-B has dropped to 0.04 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.

Return for Risk

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

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

ESEE.DE

ESEE.DE Risk / Return Rank: 68
ESEE.DE Sharpe Ratio Rank: 67
ESEE.DE Sortino Ratio Rank: 65
ESEE.DE Omega Ratio Rank: 69
ESEE.DE Calmar Ratio Rank: 72
ESEE.DE Martin Ratio Rank: 69

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.

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

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.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.

	ESEE.DE	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.17	-0.28	+2.45
Sortino ratio: Return per unit of downside risk	2.96	-0.28	+3.24
Omega ratio: Gain probability vs. loss probability	1.40	0.97	+0.44
Calmar ratio: Return relative to maximum drawdown	3.51	-0.38	+3.89
Martin ratio: Return relative to average drawdown	12.48	-0.79	+13.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current ESEE.DE Sharpe Ratio is 2.17, which is higher than the BRK-B Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of ESEE.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

	ESEE.DE	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	-0.28	+2.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	0.66	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	0.63	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.49	+0.46

Drawdowns

ESEE.DE vs. BRK-B - Drawdown Comparison

The maximum ESEE.DE drawdown since its inception was -33.58%, smaller than the maximum BRK-B drawdown of -45.91%. Use the drawdown chart below to compare losses from any high point for ESEE.DE and BRK-B.

Drawdown Indicators

	ESEE.DE	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-33.58%	-45.91%	+12.33%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	-11.04%	+3.86%
Max Drawdown (3Y) Largest decline over 3 years	-23.46%	-20.62%	-2.84%
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	-22.31%	-1.15%
Max Drawdown (10Y) Largest decline over 10 years	-33.58%	-28.74%	-4.84%
Current Drawdown Current decline from peak	-0.45%	-17.01%	+16.56%
Average Drawdown Average peak-to-trough decline	-4.12%	-9.73%	+5.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	5.30%	-3.27%

Volatility

ESEE.DE vs. BRK-B - Volatility Comparison

The current volatility for BNP Paribas Easy S&P 500 UCITS ETF EUR (ESEE.DE) is 2.65%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.72%. This indicates that ESEE.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

	ESEE.DE	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	3.72%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	7.60%	11.24%	-3.64%
Volatility (1Y) Calculated over the trailing 1-year period	11.61%	15.04%	-3.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.20%	17.37%	-2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.09%	20.09%	-4.00%

Dividends

ESEE.DE vs. BRK-B - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

ESEE.DE 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.