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HLIEX vs. BRK-B
Performance
Return for Risk
Dividends
Drawdowns
Volatility

HLIEX vs. BRK-B

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Equity Income Fund (HLIEX) and Berkshire Hathaway Inc. (BRK-B).

HLIEX is managed by JPMorgan. It was launched on Jul 2, 1987.

Performance

HLIEX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Income Fund (HLIEX) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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HLIEX vs. BRK-B - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HLIEX
JPMorgan Equity Income Fund		1.62%14.67%19.67%4.79%-1.88%25.10%3.61%26.30%-4.45%17.55%
BRK-B
Berkshire Hathaway Inc.		-4.80%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, HLIEX achieves a 1.62% return, which is significantly higher than BRK-B's -4.80% return. Over the past 10 years, HLIEX has underperformed BRK-B with an annualized return of 11.39%, while BRK-B has yielded a comparatively higher 12.78% annualized return.

HLIEX

1D
1.91%
1M
-4.61%
YTD
1.62%
6M
4.26%
1Y
13.54%
3Y*
14.35%
5Y*
10.23%
10Y*
11.39%

BRK-B

1D
-0.15%
1M
-0.35%
YTD
-4.80%
6M
-3.95%
1Y
-10.22%
3Y*
15.72%
5Y*
13.13%
10Y*
12.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JPMorgan Equity Income Fund

Berkshire Hathaway Inc.

Often compared with HLIEX:
HLIEX vs. GSFTXHLIEX vs. FXAIXHLIEX vs. VOOHLIEX vs. HLEIXHLIEX vs. JEPIHLIEX vs. VIGHLIEX vs. NPRTX
Often compared with BRK-B:
BRK-B vs. SPYBRK-B vs. VOOBRK-B vs. BRK-ABRK-B vs. QQQBRK-B vs. ^NDXBRK-B vs. VTIBRK-B vs. VGT

Return for Risk

HLIEX vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HLIEX
HLIEX Risk / Return Rank: 4545
Overall Rank
HLIEX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
HLIEX Sortino Ratio Rank: 3838
Sortino Ratio Rank
HLIEX Omega Ratio Rank: 4343
Omega Ratio Rank
HLIEX Calmar Ratio Rank: 5151
Calmar Ratio Rank
HLIEX Martin Ratio Rank: 5555
Martin Ratio Rank
BRK-B
BRK-B Risk / Return Rank: 1717
Overall Rank
BRK-B Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
BRK-B Sortino Ratio Rank: 1616
Sortino Ratio Rank
BRK-B Omega Ratio Rank: 1616
Omega Ratio Rank
BRK-B Calmar Ratio Rank: 1717
Calmar Ratio Rank
BRK-B Martin Ratio Rank: 1919
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund (HLIEX) 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.

HLIEXBRK-BDifference

Sharpe ratio

Return per unit of total volatility

0.88

-0.56

+1.44

Sortino ratio

Return per unit of downside risk

1.29

-0.65

+1.93

Omega ratio

Gain probability vs. loss probability

1.20

0.91

+0.29

Calmar ratio

Return relative to maximum drawdown

1.31

-0.68

+1.98

Martin ratio

Return relative to average drawdown

5.58

-1.16

+6.74

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HLIEX vs. BRK-B - Sharpe Ratio Comparison

The current HLIEX Sharpe Ratio is 0.88, which is higher than the BRK-B Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of HLIEX 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.

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Sharpe Ratios by Period

HLIEXBRK-BDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.88

-0.56

+1.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.77

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.68

0.66

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.48

+0.07

Correlation

The correlation between HLIEX and BRK-B is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HLIEX vs. BRK-B - Dividend Comparison

HLIEX's dividend yield for the trailing twelve months is around 10.68%, while BRK-B has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
HLIEX
JPMorgan Equity Income Fund		10.68%10.81%14.41%2.77%3.67%3.33%1.82%2.78%5.12%2.47%2.45%2.73%
BRK-B
Berkshire Hathaway Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

HLIEX vs. BRK-B - Drawdown Comparison

The maximum HLIEX drawdown since its inception was -50.33%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for HLIEX and BRK-B.

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Drawdown Indicators

HLIEXBRK-BDifference

Max Drawdown

Largest peak-to-trough decline

-50.33%

-53.86%

+3.53%

Max Drawdown (1Y)

Largest decline over 1 year

-11.34%

-14.95%

+3.61%

Max Drawdown (5Y)

Largest decline over 5 years

-14.85%

-26.58%

+11.73%

Max Drawdown (10Y)

Largest decline over 10 years

-36.89%

-29.57%

-7.32%

Current Drawdown

Current decline from peak

-5.30%

-11.36%

+6.06%

Average Drawdown

Average peak-to-trough decline

-6.39%

-11.07%

+4.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.65%

8.72%

-6.07%

Volatility

HLIEX vs. BRK-B - Volatility Comparison

The current volatility for JPMorgan Equity Income Fund (HLIEX) is 4.07%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.33%. This indicates that HLIEX 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.

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Volatility by Period

HLIEXBRK-BDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.07%

4.33%

-0.26%

Volatility (6M)

Calculated over the trailing 6-month period

7.89%

11.14%

-3.25%

Volatility (1Y)

Calculated over the trailing 1-year period

15.28%

18.30%

-3.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.30%

17.20%

-2.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.79%

19.45%

-2.66%