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IWML vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IWML and BRK-B is 0.54, 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.


-0.50.00.51.00.5

Performance

IWML vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS 2x Leveraged US Size Factor TR ETN (IWML) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%AugustSeptemberOctoberNovemberDecember2025
-5.86%
2.53%
IWML
BRK-B

Key characteristics

Sharpe Ratio

IWML:

0.57

BRK-B:

1.64

Sortino Ratio

IWML:

1.05

BRK-B:

2.33

Omega Ratio

IWML:

1.13

BRK-B:

1.30

Calmar Ratio

IWML:

0.51

BRK-B:

2.85

Martin Ratio

IWML:

2.80

BRK-B:

6.93

Ulcer Index

IWML:

8.31%

BRK-B:

3.44%

Daily Std Dev

IWML:

41.16%

BRK-B:

14.60%

Max Drawdown

IWML:

-60.06%

BRK-B:

-53.86%

Current Drawdown

IWML:

-30.35%

BRK-B:

-6.84%

Returns By Period

In the year-to-date period, IWML achieves a -0.89% return, which is significantly lower than BRK-B's -0.72% return.


IWML

YTD

-0.89%

1M

-10.37%

6M

-5.86%

1Y

23.05%

5Y*

N/A

10Y*

N/A

BRK-B

YTD

-0.72%

1M

-1.72%

6M

2.54%

1Y

23.76%

5Y*

14.46%

10Y*

11.71%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

IWML vs. BRK-B — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IWML
The Risk-Adjusted Performance Rank of IWML is 3636
Overall Rank
The Sharpe Ratio Rank of IWML is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of IWML is 3636
Sortino Ratio Rank
The Omega Ratio Rank of IWML is 3636
Omega Ratio Rank
The Calmar Ratio Rank of IWML is 3535
Calmar Ratio Rank
The Martin Ratio Rank of IWML is 3939
Martin Ratio Rank

BRK-B
The Risk-Adjusted Performance Rank of BRK-B is 8989
Overall Rank
The Sharpe Ratio Rank of BRK-B is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of BRK-B is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BRK-B is 8585
Omega Ratio Rank
The Calmar Ratio Rank of BRK-B is 9595
Calmar Ratio Rank
The Martin Ratio Rank of BRK-B is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IWML vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged US Size Factor TR ETN (IWML) 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.


Sharpe ratio
The chart of Sharpe ratio for IWML, currently valued at 0.57, compared to the broader market0.002.004.000.571.64
The chart of Sortino ratio for IWML, currently valued at 1.05, compared to the broader market-2.000.002.004.006.008.0010.0012.001.052.33
The chart of Omega ratio for IWML, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.131.30
The chart of Calmar ratio for IWML, currently valued at 0.51, compared to the broader market0.005.0010.0015.000.512.85
The chart of Martin ratio for IWML, currently valued at 2.80, compared to the broader market0.0020.0040.0060.0080.00100.002.806.93
IWML
BRK-B

The current IWML Sharpe Ratio is 0.57, which is lower than the BRK-B Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of IWML 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00AugustSeptemberOctoberNovemberDecember2025
0.57
1.64
IWML
BRK-B

Dividends

IWML vs. BRK-B - Dividend Comparison

Neither IWML nor BRK-B has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

IWML vs. BRK-B - Drawdown Comparison

The maximum IWML drawdown since its inception was -60.06%, 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 IWML and BRK-B. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-30.35%
-6.84%
IWML
BRK-B

Volatility

IWML vs. BRK-B - Volatility Comparison

ETRACS 2x Leveraged US Size Factor TR ETN (IWML) has a higher volatility of 13.52% compared to Berkshire Hathaway Inc. (BRK-B) at 3.96%. This indicates that IWML'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.


5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember2025
13.52%
3.96%
IWML
BRK-B
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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