HEAL.L vs. BRK-B

Last updated Apr 3, 2026

Compare and contrast key facts about iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) and Berkshire Hathaway Inc. (BRK-B).

HEAL.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Sep 8, 2016.

Performance

HEAL.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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)	-2.88%	18.42%	0.96%	3.11%	-24.00%	-6.52%	54.05%	12.43%	-3.45%	35.92%
BRK-B Berkshire Hathaway Inc.	-5.03%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Returns By Period

In the year-to-date period, HEAL.L achieves a -2.88% return, which is significantly higher than BRK-B's -5.03% return.

HEAL.L

• 1D: -0.79%
• 1M: -1.16%
• YTD: -2.88%
• 6M: 4.23%
• 1Y: 19.81%
• 3Y*: 6.35%
• 5Y*: -2.52%
• 10Y*: —

BRK-B

• 1D: -0.24%
• 1M: -0.83%
• YTD: -5.03%
• 6M: -3.74%
• 1Y: -11.23%
• 3Y*: 15.44%
• 5Y*: 13.08%
• 10Y*: 12.79%

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

Return for Risk

HEAL.L vs. BRK-B — Risk / Return Rank

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

HEAL.L

HEAL.L Risk / Return Rank: 52
HEAL.L Sharpe Ratio Rank: 54
HEAL.L Sortino Ratio Rank: 53
HEAL.L Omega Ratio Rank: 46
HEAL.L Calmar Ratio Rank: 58
HEAL.L Martin Ratio Rank: 49

BRK-B

BRK-B Risk / Return Rank: 15
BRK-B Sharpe Ratio Rank: 14
BRK-B Sortino Ratio Rank: 15
BRK-B Omega Ratio Rank: 14
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 17

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.

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 ratio Return per unit of total volatility	1.02	-0.62	+1.64
Sortino ratio Return per unit of downside risk	1.49	-0.73	+2.22
Omega ratio Gain probability vs. loss probability	1.19	0.90	+0.29
Calmar ratio Return relative to maximum drawdown	1.74	-0.70	+2.43
Martin ratio Return relative to average drawdown	5.65	-1.19	+6.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HEAL.L vs. BRK-B - Sharpe Ratio Comparison

The current HEAL.L Sharpe Ratio is 1.02, which is higher than the BRK-B Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of HEAL.L and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HEAL.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	-0.62	+1.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	0.76	-0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.48	-0.17

Correlation

The correlation between HEAL.L and BRK-B is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HEAL.L vs. BRK-B - Dividend Comparison

Neither HEAL.L nor BRK-B has paid dividends to shareholders.

Tickers have no history of dividend payments

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.

Drawdown Indicators

	HEAL.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-46.43%	-53.86%	+7.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.10%	-14.95%	+2.85%
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 Drawdown Current decline from peak	-22.80%	-11.57%	-11.23%
Average Drawdown Average peak-to-trough decline	-18.53%	-11.07%	-7.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.72%	8.75%	-5.03%

Volatility

HEAL.L vs. BRK-B - Volatility Comparison

iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) has a higher volatility of 6.41% compared to Berkshire Hathaway Inc. (BRK-B) at 4.12%. 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.

Volatility by Period

	HEAL.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	4.12%	+2.29%
Volatility (6M) Calculated over the trailing 6-month period	12.09%	11.11%	+0.98%
Volatility (1Y) Calculated over the trailing 1-year period	19.30%	18.30%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.88%	17.20%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.89%	19.44%	+0.45%