INCO vs. BRK-B
INCO (Columbia India Consumer ETF) is India Equities fund tracking the Indxx India Consumer Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, INCO returned 8.08%/yr vs 12.97%/yr for BRK-B. At a 0.31 correlation, their price movements are largely independent.
Performance
INCO vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, INCO achieves a -8.71% return, which is significantly lower than BRK-B's -2.59% return. Over the past 10 years, INCO has underperformed BRK-B with an annualized return of 8.08%, while BRK-B has yielded a comparatively higher 12.97% annualized return.
INCO
- 1D
- 0.55%
- 1M
- -1.11%
- 6M
- -4.14%
- YTD
- -8.71%
- 1Y
- -7.94%
- 3Y*
- 6.40%
- 5Y*
- 6.72%
- 10Y*
- 8.08%
- ALL TIME*
- 9.20%
BRK-B
- 1D
- -0.33%
- 1M
- 0.04%
- 6M
- 0.88%
- YTD
- -2.59%
- 1Y
- 3.21%
- 3Y*
- 12.30%
- 5Y*
- 12.01%
- 10Y*
- 12.97%
- ALL TIME*
- 10.56%
INCO vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INCO Columbia India Consumer ETF | -8.71% | 0.59% | 12.70% | 34.63% | -7.01% | 19.28% | 14.55% | -4.22% | -10.81% | 53.28% |
BRK-B Berkshire Hathaway Inc. | -2.59% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between INCO and BRK-B is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2011 | 0.31 |
Over the past year, the correlation between INCO and BRK-B has dropped to 0.05 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
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Return for Risk
INCO vs. BRK-B — Risk / Return Rank
INCO
BRK-B
INCO vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia India Consumer ETF (INCO) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INCO | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.05 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 0.34 | -0.72 |
| Martin ratioReturn relative to average drawdown | -0.84 | 0.71 | -1.55 |
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Drawdowns
INCO vs. BRK-B - Drawdown Comparison
The maximum INCO drawdown since its inception was -47.69%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for INCO and BRK-B.
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Drawdown Indicators
| INCO | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.69% | -53.86% | +6.17% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -9.42% | -11.95% |
Max Drawdown (3Y)Largest decline over 3 years | -29.98% | -14.95% | -15.03% |
Max Drawdown (5Y)Largest decline over 5 years | -29.98% | -26.58% | -3.40% |
Max Drawdown (10Y)Largest decline over 10 years | -47.69% | -29.57% | -18.12% |
Current DrawdownCurrent decline from peak | -22.25% | -9.29% | -12.96% |
Average DrawdownAverage peak-to-trough decline | -10.67% | -11.06% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.47% | 4.51% | +4.96% |
Volatility
INCO vs. BRK-B - Volatility Comparison
The current volatility for Columbia India Consumer ETF (INCO) is 3.35%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.42%. This indicates that INCO 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
| INCO | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 4.42% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 14.42% | 11.07% | +3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.08% | 14.54% | +2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.98% | 17.08% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.29% | 19.40% | +0.89% |
Dividends
INCO vs. BRK-B - Dividend Comparison
Neither INCO nor BRK-B has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
INCO Columbia India Consumer ETF | 0.00% | 0.00% | 2.88% | 3.81% | 10.57% | 6.25% | 0.34% | 0.28% | 0.12% | 0.05% | 0.09% |
Frequently Asked Questions
INCO and BRK-B have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRK-B has higher volatility (4.42%) compared to INCO (3.35%). In terms of maximum drawdown, INCO dropped -47.69% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (0.22 vs -0.47), 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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