ESNT vs. BRK-B
ESNT (Essent Group Ltd.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. Both are in the Financial Services sector — ESNT in Mortgage Finance, BRK-B in Insurance - Diversified. Over the past 10 years, ESNT returned 12.75%/yr vs 13.34%/yr for BRK-B. At a 0.48 correlation, their price movements are largely independent.
Performance
ESNT vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, ESNT achieves a -8.24% return, which is significantly lower than BRK-B's -2.78% return. Both investments have delivered pretty close results over the past 10 years, with ESNT having a 12.75% annualized return and BRK-B not far ahead at 13.34%.
ESNT
- 1D
- 0.82%
- 1M
- -2.45%
- YTD
- -8.24%
- 6M
- -9.44%
- 1Y
- 1.15%
- 3Y*
- 12.20%
- 5Y*
- 7.25%
- 10Y*
- 12.75%
BRK-B
- 1D
- -0.16%
- 1M
- 0.47%
- YTD
- -2.78%
- 6M
- -2.25%
- 1Y
- 0.79%
- 3Y*
- 13.38%
- 5Y*
- 12.21%
- 10Y*
- 13.34%
ESNT vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESNT Essent Group Ltd. | -8.24% | 21.95% | 5.23% | 38.60% | -12.76% | 7.06% | -15.53% | 53.00% | -21.28% | 34.14% |
BRK-B Berkshire Hathaway Inc. | -2.78% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between ESNT and BRK-B is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2013 | 0.48 |
The correlation between ESNT and BRK-B shifts across timeframes, from 0.38 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ESNT:
$5.57B
BRK-B:
$1.05T
ESNT:
$6.98
BRK-B:
$33.62
ESNT:
8.45
BRK-B:
14.54
ESNT:
1.95
BRK-B:
0.56
ESNT:
4.48
BRK-B:
2.81
ESNT:
0.98
BRK-B:
1.45
ESNT:
$1.29B
BRK-B:
$375.39B
ESNT:
$839.13M
BRK-B:
$94.36B
ESNT:
$643.27M
BRK-B:
$71.92B
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Return for Risk
ESNT vs. BRK-B — Risk / Return Rank
ESNT
BRK-B
ESNT vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Essent Group Ltd. (ESNT) 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.
| ESNT | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.02 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 0.08 | -0.01 |
| Martin ratioReturn relative to average drawdown | 0.15 | 0.17 | -0.02 |
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Drawdowns
ESNT vs. BRK-B - Drawdown Comparison
The maximum ESNT drawdown since its inception was -64.72%, 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 ESNT and BRK-B.
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Drawdown Indicators
| ESNT | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.72% | -53.86% | -10.86% |
Max Drawdown (1Y)Largest decline over 1 year | -15.41% | -9.42% | -5.99% |
Max Drawdown (3Y)Largest decline over 3 years | -18.36% | -14.95% | -3.41% |
Max Drawdown (5Y)Largest decline over 5 years | -28.79% | -26.58% | -2.21% |
Max Drawdown (10Y)Largest decline over 10 years | -64.72% | -29.57% | -35.15% |
Current DrawdownCurrent decline from peak | -10.73% | -9.47% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -13.74% | -11.07% | -2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.59% | 4.57% | +3.02% |
Volatility
ESNT vs. BRK-B - Volatility Comparison
Essent Group Ltd. (ESNT) has a higher volatility of 6.24% compared to Berkshire Hathaway Inc. (BRK-B) at 3.68%. This indicates that ESNT'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
| ESNT | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 3.68% | +2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 17.65% | 10.60% | +7.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.58% | 14.39% | +8.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.96% | 17.10% | +7.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.71% | 19.44% | +19.27% |
Dividends
ESNT vs. BRK-B - Dividend Comparison
ESNT's dividend yield for the trailing twelve months is around 2.24%, while BRK-B has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ESNT Essent Group Ltd. | 2.24% | 1.91% | 2.06% | 1.90% | 2.21% | 1.54% | 1.48% | 0.58% |
Financials
ESNT vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between Essent Group Ltd. 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
ESNT vs. BRK-B - Profitability Comparison
ESNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Essent Group Ltd. reported a gross profit of 0.00 and revenue of 336.07M. Therefore, the gross margin over that period was 0.0%.
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%.
ESNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Essent Group Ltd. reported an operating income of 0.00 and revenue of 336.07M, resulting in an operating margin of 0.0%.
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%.
ESNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Essent Group Ltd. reported a net income of 171.80M and revenue of 336.07M, resulting in a net margin of 51.1%.
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
ESNT and BRK-B have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESNT has higher volatility (6.24%) compared to BRK-B (3.68%). In terms of maximum drawdown, ESNT dropped -64.72% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (0.06 vs 0.05), 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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