IPO vs. BRK-B
Compare and contrast key facts about Renaissance IPO ETF (IPO) and Berkshire Hathaway Inc. (BRK-B).
IPO is a passively managed fund by Renaissance Capital that tracks the performance of the Renaissance IPO Index. It was launched on Oct 14, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPO or BRK-B.
Correlation
The correlation between IPO and BRK-B is 0.36, 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.
Performance
IPO vs. BRK-B - Performance Comparison
Key characteristics
IPO:
1.01
BRK-B:
1.58
IPO:
1.46
BRK-B:
2.27
IPO:
1.18
BRK-B:
1.29
IPO:
0.44
BRK-B:
3.00
IPO:
5.04
BRK-B:
6.80
IPO:
4.85%
BRK-B:
3.34%
IPO:
24.28%
BRK-B:
14.42%
IPO:
-68.76%
BRK-B:
-53.86%
IPO:
-41.15%
BRK-B:
-6.47%
Returns By Period
In the year-to-date period, IPO achieves a 2.71% return, which is significantly higher than BRK-B's -0.32% return. Over the past 10 years, IPO has underperformed BRK-B with an annualized return of 7.13%, while BRK-B has yielded a comparatively higher 11.72% annualized return.
IPO
2.71%
-4.53%
9.39%
25.04%
6.65%
7.13%
BRK-B
-0.32%
-2.59%
9.20%
23.15%
14.85%
11.72%
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Risk-Adjusted Performance
IPO vs. BRK-B — Risk-Adjusted Performance Rank
IPO
BRK-B
IPO vs. BRK-B - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance IPO ETF (IPO) 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.
Dividends
IPO vs. BRK-B - Dividend Comparison
IPO's dividend yield for the trailing twelve months is around 0.12%, while BRK-B has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPO Renaissance IPO ETF | 0.12% | 0.12% | 0.00% | 0.00% | 0.00% | 0.10% | 0.47% | 0.49% | 0.44% | 0.41% | 0.11% | 2.82% |
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
IPO vs. BRK-B - Drawdown Comparison
The maximum IPO drawdown since its inception was -68.76%, 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 IPO and BRK-B. For additional features, visit the drawdowns tool.
Volatility
IPO vs. BRK-B - Volatility Comparison
Renaissance IPO ETF (IPO) has a higher volatility of 8.14% compared to Berkshire Hathaway Inc. (BRK-B) at 3.31%. This indicates that IPO'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.