IYE vs. BRK-B
IYE (iShares U.S. Energy ETF) is Energy Equities fund tracking the Dow Jones U.S. Oil & Gas Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, IYE returned 8.66%/yr vs 13.22%/yr for BRK-B. At a 0.38 correlation, their price movements are largely independent.
Performance
IYE vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, IYE achieves a 28.97% return, which is significantly higher than BRK-B's -2.67% return. Over the past 10 years, IYE has underperformed BRK-B with an annualized return of 8.66%, while BRK-B has yielded a comparatively higher 13.22% annualized return.
IYE
- 1D
- 0.76%
- 1M
- -0.93%
- YTD
- 28.97%
- 6M
- 27.79%
- 1Y
- 33.59%
- 3Y*
- 15.75%
- 5Y*
- 19.07%
- 10Y*
- 8.66%
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%
IYE vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IYE iShares U.S. Energy ETF | 28.97% | 7.33% | 6.06% | -2.21% | 60.21% | 53.42% | -33.49% | 10.03% | -19.37% | -1.80% |
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 IYE and BRK-B is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2000 | 0.38 |
The correlation between IYE and BRK-B shifts across timeframes, from -0.00 (1 year) to 0.46 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
IYE vs. BRK-B — Risk / Return Rank
IYE
BRK-B
IYE vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Energy ETF (IYE) 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.
| IYE | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.01 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | -0.02 | +3.06 |
| Martin ratioReturn relative to average drawdown | 8.58 | -0.05 | +8.63 |
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Drawdowns
IYE vs. BRK-B - Drawdown Comparison
The maximum IYE drawdown since its inception was -73.74%, 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 IYE and BRK-B.
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Drawdown Indicators
| IYE | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.74% | -53.86% | -19.88% |
Max Drawdown (1Y)Largest decline over 1 year | -11.92% | -9.42% | -2.50% |
Max Drawdown (3Y)Largest decline over 3 years | -20.37% | -14.95% | -5.42% |
Max Drawdown (5Y)Largest decline over 5 years | -25.61% | -26.58% | +0.97% |
Max Drawdown (10Y)Largest decline over 10 years | -68.59% | -29.57% | -39.02% |
Current DrawdownCurrent decline from peak | -7.87% | -9.36% | +1.49% |
Average DrawdownAverage peak-to-trough decline | -19.35% | -11.07% | -8.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 4.53% | -0.32% |
Volatility
IYE vs. BRK-B - Volatility Comparison
iShares U.S. Energy ETF (IYE) has a higher volatility of 6.96% compared to Berkshire Hathaway Inc. (BRK-B) at 3.95%. This indicates that IYE'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
| IYE | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 3.95% | +3.01% |
Volatility (6M)Calculated over the trailing 6-month period | 16.36% | 10.78% | +5.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.04% | 14.38% | +5.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.75% | 17.12% | +8.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.51% | 19.44% | +10.07% |
Dividends
IYE vs. BRK-B - Dividend Comparison
IYE's dividend yield for the trailing twelve months is around 2.18%, 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% |
IYE iShares U.S. Energy ETF | 2.18% | 2.85% | 2.75% | 2.99% | 3.37% | 2.98% | 4.75% | 6.60% | 3.16% | 2.66% | 2.11% | 3.39% |
Frequently Asked Questions
IYE and BRK-B have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYE has higher volatility (6.96%) compared to BRK-B (3.95%). In terms of maximum drawdown, IYE dropped -73.74% vs BRK-B's -53.86%.
IYE currently has the higher Sharpe Ratio (1.81 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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