GGRW vs. BRK-B

Last updated Jun 4, 2026

GGRW (Gabelli Growth Innovators ETF) is Large Cap Growth Equities fund actively managed by GAMCO Investors, Inc., while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, GGRW returned 9.85%/yr vs 10.20%/yr for BRK-B. At a 0.30 correlation, their price movements are largely independent.

Performance

GGRW vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Growth Innovators ETF (GGRW) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGRW achieves a 6.11% return, which is significantly higher than BRK-B's -5.43% return.

GGRW

• 1D: -0.84%
• 1M: 4.23%
• YTD: 6.11%
• 6M: 5.58%
• 1Y: 17.42%
• 3Y*: 27.06%
• 5Y*: 9.85%
• 10Y*: —

BRK-B

• 1D: 0.82%
• 1M: 1.46%
• YTD: -5.43%
• 6M: -5.61%
• 1Y: -4.51%
• 3Y*: 13.00%
• 5Y*: 10.20%
• 10Y*: 12.91%

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

GGRW vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GGRW Gabelli Growth Innovators ETF	6.11%	18.29%	41.78%	42.19%	-43.92%	5.40%
BRK-B Berkshire Hathaway Inc.	-5.43%	10.89%	27.09%	15.46%	3.31%	21.90%

Correlation

The correlation between GGRW and BRK-B is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Feb 17, 2021	0.30

The correlation between GGRW and BRK-B shifts across timeframes, from -0.02 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GGRW vs. BRK-B — Risk / Return Rank

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

GGRW

GGRW Risk / Return Rank: 31
GGRW Sharpe Ratio Rank: 33
GGRW Sortino Ratio Rank: 32
GGRW Omega Ratio Rank: 31
GGRW Calmar Ratio Rank: 28
GGRW Martin Ratio Rank: 33

BRK-B

BRK-B Risk / Return Rank: 23
BRK-B Sharpe Ratio Rank: 27
BRK-B Sortino Ratio Rank: 22
BRK-B Omega Ratio Rank: 23
BRK-B Calmar Ratio Rank: 24
BRK-B Martin Ratio Rank: 20

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.

GGRW vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Growth Innovators ETF (GGRW) 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.

	GGRW	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.19	-0.32	+1.50
Sortino ratio Return per unit of downside risk	1.71	-0.34	+2.05
Omega ratio Gain probability vs. loss probability	1.21	0.96	+0.25
Calmar ratio Return relative to maximum drawdown	1.33	-0.48	+1.81
Martin ratio Return relative to average drawdown	5.00	-1.02	+6.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGRW vs. BRK-B - Sharpe Ratio Comparison

The current GGRW Sharpe Ratio is 1.19, which is higher than the BRK-B Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of GGRW 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

	GGRW	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	-0.32	+1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.60	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.48	-0.17

Drawdowns

GGRW vs. BRK-B - Drawdown Comparison

The maximum GGRW drawdown since its inception was -50.28%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for GGRW and BRK-B.

Drawdown Indicators

	GGRW	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-50.28%	-53.86%	+3.58%
Max Drawdown (1Y) Largest decline over 1 year	-13.19%	-9.42%	-3.77%
Max Drawdown (3Y) Largest decline over 3 years	-20.53%	-14.95%	-5.58%
Max Drawdown (5Y) Largest decline over 5 years	-50.28%	-26.58%	-23.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-0.90%	-11.94%	+11.04%
Average Drawdown Average peak-to-trough decline	-17.39%	-11.07%	-6.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	4.57%	-1.08%

Volatility

GGRW vs. BRK-B - Volatility Comparison

Gabelli Growth Innovators ETF (GGRW) and Berkshire Hathaway Inc. (BRK-B) have volatilities of 3.86% and 3.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGRW	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	3.75%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	11.64%	10.68%	+0.96%
Volatility (1Y) Calculated over the trailing 1-year period	14.73%	14.33%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.33%	17.11%	+8.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.50%	19.43%	+6.07%

Dividends

GGRW vs. BRK-B - Dividend Comparison

GGRW's dividend yield for the trailing twelve months is around 0.40%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%
GGRW Gabelli Growth Innovators ETF	0.40%	0.43%

Frequently Asked Questions

Can I hold both GGRW and BRK-B in my portfolio?

GGRW and BRK-B have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGRW or BRK-B?

GGRW has higher volatility (3.86%) compared to BRK-B (3.75%). In terms of maximum drawdown, GGRW dropped -50.28% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

GGRW currently has the higher Sharpe Ratio (1.19 vs -0.32), 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.