ETLQ.DE vs. BRK-B

Last updated Jun 5, 2026

ETLQ.DE (L&G Global Equity UCITS ETF) is Global Equities fund tracking the Solactive Core Developed Markets Large & Mid Cap, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, ETLQ.DE returned 13.10%/yr vs 11.37%/yr for BRK-B. At a 0.36 correlation, their price movements are largely independent.

Performance

ETLQ.DE vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G Global Equity UCITS ETF (ETLQ.DE) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ETLQ.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, ETLQ.DE achieves a 10.88% return, which is significantly higher than BRK-B's -3.69% return.

ETLQ.DE

• 1D: 0.00%
• 1M: 4.96%
• YTD: 10.88%
• 6M: 11.36%
• 1Y: 23.93%
• 3Y*: 17.73%
• 5Y*: 13.10%
• 10Y*: —

BRK-B

• 1D: 0.00%
• 1M: 3.05%
• YTD: -3.69%
• 6M: -4.88%
• 1Y: -3.50%
• 3Y*: 9.75%
• 5Y*: 11.37%
• 10Y*: 12.72%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ETLQ.DE L&G Global Equity UCITS ETF	10.88%	8.14%	26.10%	20.83%	-13.64%	32.63%	5.63%	24.59%
BRK-B Berkshire Hathaway Inc.	-3.69%	-2.27%	35.48%	12.00%	9.71%	38.60%	-6.07%	15.98%

Correlation

The correlation between ETLQ.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	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019	0.36

Over the past year, the correlation between ETLQ.DE and BRK-B has dropped to 0.04 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

Return for Risk

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

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

ETLQ.DE

ETLQ.DE Risk / Return Rank: 69
ETLQ.DE Sharpe Ratio Rank: 65
ETLQ.DE Sortino Ratio Rank: 65
ETLQ.DE Omega Ratio Rank: 66
ETLQ.DE Calmar Ratio Rank: 72
ETLQ.DE Martin Ratio Rank: 76

BRK-B

BRK-B Risk / Return Rank: 38
BRK-B Sharpe Ratio Rank: 41
BRK-B Sortino Ratio Rank: 33
BRK-B Omega Ratio Rank: 32
BRK-B Calmar Ratio Rank: 41
BRK-B Martin Ratio Rank: 41

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.

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

This table presents a comparison of risk-adjusted performance metrics for L&G Global Equity UCITS ETF (ETLQ.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.

	ETLQ.DE	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.13	-0.24	+2.37
Sortino ratio: Return per unit of downside risk	2.98	-0.22	+3.20
Omega ratio: Gain probability vs. loss probability	1.39	0.97	+0.42
Calmar ratio: Return relative to maximum drawdown	3.56	-0.32	+3.88
Martin ratio: Return relative to average drawdown	14.23	-0.66	+14.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current ETLQ.DE Sharpe Ratio is 2.13, which is higher than the BRK-B Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of ETLQ.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

	ETLQ.DE	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	-0.24	+2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.66	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.49	+0.44

Drawdowns

ETLQ.DE vs. BRK-B - Drawdown Comparison

The maximum ETLQ.DE drawdown since its inception was -33.38%, smaller than the maximum BRK-B drawdown of -45.91%. Use the drawdown chart below to compare losses from any high point for ETLQ.DE and BRK-B.

Drawdown Indicators

	ETLQ.DE	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-33.38%	-45.91%	+12.53%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-11.04%	+4.36%
Max Drawdown (3Y) Largest decline over 3 years	-21.58%	-20.62%	-0.96%
Max Drawdown (5Y) Largest decline over 5 years	-21.58%	-22.31%	+0.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.74%	—
Current Drawdown Current decline from peak	-0.34%	-17.01%	+16.67%
Average Drawdown Average peak-to-trough decline	-4.33%	-9.73%	+5.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	5.31%	-3.63%

Volatility

ETLQ.DE vs. BRK-B - Volatility Comparison

The current volatility for L&G Global Equity UCITS ETF (ETLQ.DE) is 2.68%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.71%. This indicates that ETLQ.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

	ETLQ.DE	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.68%	3.71%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	7.77%	11.20%	-3.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.18%	14.94%	-3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.06%	17.37%	-3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.74%	20.09%	-4.35%

Dividends

ETLQ.DE vs. BRK-B - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

ETLQ.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.