GXLF.L vs. BRK-B
GXLF.L (SPDR S&P US Financials Select Sector UCITS ETF) is Financials Equities fund tracking the MSCI World/Financials NR USD, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 3 years, GXLF.L returned 15.45%/yr vs 10.51%/yr for BRK-B. At a 0.49 correlation, their price movements are largely independent.
Performance
GXLF.L vs. BRK-B - Performance Comparison
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Different Trading Currencies
GXLF.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, GXLF.L achieves a -4.87% return, which is significantly lower than BRK-B's -4.39% return.
GXLF.L
- 1D
- 3.21%
- 1M
- 2.06%
- YTD
- -4.87%
- 6M
- -2.66%
- 1Y
- 4.61%
- 3Y*
- 15.45%
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- 0.69%
- 1M
- 3.76%
- YTD
- -4.39%
- 6M
- -5.55%
- 1Y
- -1.57%
- 3Y*
- 10.51%
- 5Y*
- 11.54%
- 10Y*
- 13.78%
GXLF.L vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GXLF.L SPDR S&P US Financials Select Sector UCITS ETF | -4.87% | 7.31% | 32.20% | 6.05% | -1.25% |
BRK-B Berkshire Hathaway Inc. | -4.39% | 2.99% | 29.31% | 9.69% | -3.16% |
Correlation
The correlation between GXLF.L and BRK-B is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2022 | 0.49 |
The correlation between GXLF.L and BRK-B shifts across timeframes, from 0.36 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GXLF.L vs. BRK-B — Risk / Return Rank
GXLF.L
BRK-B
GXLF.L vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Financials Select Sector UCITS ETF (GXLF.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.
| GXLF.L | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.00 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | -0.13 | +0.49 |
| Martin ratioReturn relative to average drawdown | 0.84 | -0.29 | +1.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GXLF.L | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | -0.10 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.69 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.59 | -0.08 |
Drawdowns
GXLF.L vs. BRK-B - Drawdown Comparison
The maximum GXLF.L drawdown since its inception was -18.21%, smaller than the maximum BRK-B drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for GXLF.L and BRK-B.
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Drawdown Indicators
| GXLF.L | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.21% | -37.92% | +19.71% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -11.88% | -0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -18.21% | -17.26% | -0.95% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.44% | — |
Current DrawdownCurrent decline from peak | -6.67% | -13.90% | +7.23% |
Average DrawdownAverage peak-to-trough decline | -5.79% | -7.39% | +1.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.48% | 5.50% | -0.02% |
Volatility
GXLF.L vs. BRK-B - Volatility Comparison
SPDR S&P US Financials Select Sector UCITS ETF (GXLF.L) has a higher volatility of 4.36% compared to Berkshire Hathaway Inc. (BRK-B) at 3.86%. This indicates that GXLF.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.
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Volatility by Period
| GXLF.L | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.36% | 3.86% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 11.95% | -1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.08% | 15.41% | -1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 16.90% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.99% | 19.85% | -2.86% |
Dividends
GXLF.L vs. BRK-B - Dividend Comparison
Neither GXLF.L nor BRK-B has paid dividends to shareholders.
Frequently Asked Questions
GXLF.L and BRK-B have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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