HOG vs. BRK-B
HOG (Harley-Davidson, Inc.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. HOG operates in Recreational Vehicles (Consumer Cyclical), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, HOG returned -3.87%/yr vs 12.91%/yr for BRK-B. At a 0.35 correlation, their price movements are largely independent.
Performance
HOG vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, HOG achieves a 19.60% return, which is significantly higher than BRK-B's -5.43% return. Over the past 10 years, HOG has underperformed BRK-B with an annualized return of -3.87%, while BRK-B has yielded a comparatively higher 12.91% annualized return.
HOG
- 1D
- -1.54%
- 1M
- 4.48%
- YTD
- 19.60%
- 6M
- 1.12%
- 1Y
- 1.54%
- 3Y*
- -7.57%
- 5Y*
- -10.95%
- 10Y*
- -3.87%
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%
HOG vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HOG Harley-Davidson, Inc. | 19.60% | -30.05% | -16.61% | -9.76% | 12.13% | 4.29% | 0.19% | 13.62% | -30.54% | -10.29% |
BRK-B Berkshire Hathaway Inc. | -5.43% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between HOG and BRK-B is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since May 10, 1996 | 0.35 |
The correlation between HOG and BRK-B shifts across timeframes, from 0.23 (1 year) to 0.44 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
HOG:
$2.69B
BRK-B:
$1.03T
HOG:
$1.96
BRK-B:
$33.62
HOG:
12.37
BRK-B:
14.14
HOG:
0.91
BRK-B:
2.73
HOG:
$3.14B
BRK-B:
$375.39B
HOG:
$994.65M
BRK-B:
$94.36B
HOG:
$386.96M
BRK-B:
$71.92B
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Return for Risk
HOG vs. BRK-B — Risk / Return Rank
HOG
BRK-B
HOG vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harley-Davidson, Inc. (HOG) 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.
| HOG | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.96 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | -0.48 | +0.52 |
| Martin ratioReturn relative to average drawdown | 0.07 | -1.02 | +1.09 |
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
| HOG | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.04 | -0.32 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | 0.60 | -0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | 0.67 | -0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.48 | -0.17 |
Drawdowns
HOG vs. BRK-B - Drawdown Comparison
The maximum HOG drawdown since its inception was -88.26%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for HOG and BRK-B.
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Drawdown Indicators
| HOG | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.26% | -53.86% | -34.40% |
Max Drawdown (1Y)Largest decline over 1 year | -43.24% | -9.42% | -33.82% |
Max Drawdown (3Y)Largest decline over 3 years | -58.74% | -14.95% | -43.79% |
Max Drawdown (5Y)Largest decline over 5 years | -64.11% | -26.58% | -37.53% |
Max Drawdown (10Y)Largest decline over 10 years | -73.28% | -29.57% | -43.71% |
Current DrawdownCurrent decline from peak | -56.06% | -11.94% | -44.12% |
Average DrawdownAverage peak-to-trough decline | -24.41% | -11.07% | -13.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.95% | 4.57% | +18.38% |
Volatility
HOG vs. BRK-B - Volatility Comparison
Harley-Davidson, Inc. (HOG) has a higher volatility of 15.11% compared to Berkshire Hathaway Inc. (BRK-B) at 3.75%. This indicates that HOG'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
| HOG | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.11% | 3.75% | +11.36% |
Volatility (6M)Calculated over the trailing 6-month period | 27.68% | 10.68% | +17.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.70% | 14.33% | +26.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.39% | 17.11% | +23.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.02% | 19.43% | +23.59% |
Dividends
HOG vs. BRK-B - Dividend Comparison
HOG's dividend yield for the trailing twelve months is around 2.26%, while BRK-B has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HOG Harley-Davidson, Inc. | 2.26% | 3.51% | 2.29% | 1.79% | 1.51% | 1.59% | 1.20% | 4.03% | 4.34% | 2.87% | 2.40% | 2.73% |
Financials
HOG vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between Harley-Davidson, Inc. and Berkshire Hathaway Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
HOG and BRK-B have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOG has higher volatility (15.11%) compared to BRK-B (3.75%). In terms of maximum drawdown, HOG dropped -88.26% vs BRK-B's -53.86%.
HOG currently has the higher Sharpe Ratio (0.04 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.
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