IQLT vs. BRK-B
IQLT (iShares MSCI Intl Quality Factor ETF) is Foreign Large Cap Equities fund tracking the MSCI World ex USA Sector Neutral Quality Index (Net), while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, IQLT returned 10.17%/yr vs 13.22%/yr for BRK-B. At a 0.47 correlation, their price movements are largely independent.
Performance
IQLT vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, IQLT achieves a 9.81% return, which is significantly higher than BRK-B's -2.67% return. Over the past 10 years, IQLT has underperformed BRK-B with an annualized return of 10.17%, while BRK-B has yielded a comparatively higher 13.22% annualized return.
IQLT
- 1D
- 0.04%
- 1M
- 1.57%
- YTD
- 9.81%
- 6M
- 11.22%
- 1Y
- 18.29%
- 3Y*
- 14.25%
- 5Y*
- 7.32%
- 10Y*
- 10.17%
BRK-B
- 1D
- 0.71%
- 1M
- 1.07%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- 0.35%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
IQLT vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQLT iShares MSCI Intl Quality Factor ETF | 9.81% | 25.42% | 1.54% | 18.73% | -15.22% | 12.94% | 12.48% | 28.18% | -10.76% | 24.04% |
BRK-B Berkshire Hathaway Inc. | -2.67% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between IQLT and BRK-B is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2015 | 0.47 |
Over the past year, the correlation between IQLT and BRK-B has dropped to 0.15 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
IQLT vs. BRK-B — Risk / Return Rank
IQLT
BRK-B
IQLT vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Quality Factor ETF (IQLT) 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.
| IQLT | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.01 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | -0.02 | +1.65 |
| Martin ratioReturn relative to average drawdown | 6.18 | -0.05 | +6.23 |
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Drawdowns
IQLT vs. BRK-B - Drawdown Comparison
The maximum IQLT drawdown since its inception was -32.21%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for IQLT and BRK-B.
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Drawdown Indicators
| IQLT | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.21% | -53.86% | +21.65% |
Max Drawdown (1Y)Largest decline over 1 year | -10.38% | -9.42% | -0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -13.18% | -14.95% | +1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -30.24% | -26.58% | -3.66% |
Max Drawdown (10Y)Largest decline over 10 years | -32.21% | -29.57% | -2.64% |
Current DrawdownCurrent decline from peak | -0.04% | -9.36% | +9.32% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -11.07% | +4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 4.53% | -1.79% |
Volatility
IQLT vs. BRK-B - Volatility Comparison
iShares MSCI Intl Quality Factor ETF (IQLT) has a higher volatility of 5.41% compared to Berkshire Hathaway Inc. (BRK-B) at 3.95%. This indicates that IQLT'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
| IQLT | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 3.95% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 10.78% | +1.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.00% | 14.38% | +0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.55% | 17.12% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.00% | 19.44% | -2.44% |
Dividends
IQLT vs. BRK-B - Dividend Comparison
IQLT's dividend yield for the trailing twelve months is around 2.12%, 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% |
IQLT iShares MSCI Intl Quality Factor ETF | 2.12% | 2.33% | 2.87% | 2.27% | 3.14% | 2.24% | 1.61% | 2.28% | 2.72% | 2.36% | 2.91% | 2.78% |
Frequently Asked Questions
IQLT and BRK-B have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IQLT has higher volatility (5.41%) compared to BRK-B (3.95%). In terms of maximum drawdown, IQLT dropped -32.21% vs BRK-B's -53.86%.
IQLT currently has the higher Sharpe Ratio (1.13 vs -0.02), 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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