HEAL.L vs. BRK-B
HEAL.L (iShares Healthcare Innovation UCITS ETF USD (Acc)) is Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, HEAL.L returned -1.96%/yr vs 10.35%/yr for BRK-B. At a 0.26 correlation, their price movements are largely independent.
Performance
HEAL.L vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, HEAL.L achieves a 0.64% return, which is significantly higher than BRK-B's -4.78% return.
HEAL.L
- 1D
- 3.48%
- 1M
- 4.82%
- YTD
- 0.64%
- 6M
- -0.41%
- 1Y
- 20.32%
- 3Y*
- 6.08%
- 5Y*
- -1.96%
- 10Y*
- —
BRK-B
- 1D
- 0.69%
- 1M
- 2.82%
- YTD
- -4.78%
- 6M
- -4.89%
- 1Y
- -2.52%
- 3Y*
- 13.36%
- 5Y*
- 10.35%
- 10Y*
- 12.93%
HEAL.L vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEAL.L iShares Healthcare Innovation UCITS ETF USD (Acc) | 0.64% | 18.42% | 0.96% | 3.11% | -24.00% | -6.52% | 54.05% | 12.43% | -3.45% | 35.92% |
BRK-B Berkshire Hathaway Inc. | -4.78% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between HEAL.L and BRK-B is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2016 | 0.26 |
The correlation between HEAL.L and BRK-B shifts across timeframes, from 0.11 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HEAL.L vs. BRK-B — Risk / Return Rank
HEAL.L
BRK-B
HEAL.L vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.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.
| HEAL.L | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.98 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | -0.27 | +1.88 |
| Martin ratioReturn relative to average drawdown | 3.96 | -0.57 | +4.52 |
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
| HEAL.L | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | -0.18 | +1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.61 | -0.71 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.48 | -0.15 |
Drawdowns
HEAL.L vs. BRK-B - Drawdown Comparison
The maximum HEAL.L drawdown since its inception was -46.43%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for HEAL.L and BRK-B.
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Drawdown Indicators
| HEAL.L | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.43% | -53.86% | +7.43% |
Max Drawdown (1Y)Largest decline over 1 year | -12.59% | -9.42% | -3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -14.95% | -6.51% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | -26.58% | -17.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -20.00% | -11.33% | -8.67% |
Average DrawdownAverage peak-to-trough decline | -18.60% | -11.07% | -7.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.12% | 4.46% | +0.66% |
Volatility
HEAL.L vs. BRK-B - Volatility Comparison
iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) has a higher volatility of 5.13% compared to Berkshire Hathaway Inc. (BRK-B) at 3.72%. This indicates that HEAL.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
| HEAL.L | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 3.72% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 13.28% | 10.70% | +2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.48% | 14.32% | +3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.87% | 17.11% | +2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.91% | 19.43% | +0.48% |
Dividends
HEAL.L vs. BRK-B - Dividend Comparison
Neither HEAL.L nor BRK-B has paid dividends to shareholders.
Frequently Asked Questions
HEAL.L and BRK-B have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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