JGRE.L vs. BRK-B

Last updated Jun 5, 2026

JGRE.L (JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)) is Global Equities fund tracking the MSCI ACWI NR USD, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, JGRE.L returned 13.30%/yr vs 11.38%/yr for BRK-B. At a 0.38 correlation, their price movements are largely independent.

Performance

JGRE.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JGRE.L is traded in GBp, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, JGRE.L achieves a 9.61% return, which is significantly higher than BRK-B's -5.08% return.

JGRE.L

• 1D: 0.12%
• 1M: 4.66%
• YTD: 9.61%
• 6M: 10.05%
• 1Y: 26.28%
• 3Y*: 17.09%
• 5Y*: 13.30%
• 10Y*: —

BRK-B

• 1D: 0.00%
• 1M: 3.02%
• YTD: -5.08%
• 6M: -6.22%
• 1Y: -2.28%
• 3Y*: 10.25%
• 5Y*: 11.38%
• 10Y*: 13.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JGRE.L vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JGRE.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)	9.61%	11.65%	20.63%	18.59%	-7.77%	25.92%	13.21%	23.96%	-6.01%
BRK-B Berkshire Hathaway Inc.	-4.39%	2.99%	29.31%	9.69%	15.59%	30.17%	-0.64%	6.71%	0.57%

Correlation

The correlation between JGRE.L and BRK-B is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018	0.38

Over the past year, the correlation between JGRE.L and BRK-B has dropped to 0.07 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Return for Risk

JGRE.L vs. BRK-B — Risk / Return Rank

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

JGRE.L

JGRE.L Risk / Return Rank: 81
JGRE.L Sharpe Ratio Rank: 81
JGRE.L Sortino Ratio Rank: 81
JGRE.L Omega Ratio Rank: 83
JGRE.L Calmar Ratio Rank: 78
JGRE.L Martin Ratio Rank: 82

BRK-B

BRK-B Risk / Return Rank: 31
BRK-B Sharpe Ratio Rank: 34
BRK-B Sortino Ratio Rank: 28
BRK-B Omega Ratio Rank: 27
BRK-B Calmar Ratio Rank: 33
BRK-B Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JGRE.L vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) 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.

	JGRE.L	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.59	-0.15	+2.74
Sortino ratio: Return per unit of downside risk	3.55	-0.10	+3.65
Omega ratio: Gain probability vs. loss probability	1.49	0.99	+0.51
Calmar ratio: Return relative to maximum drawdown	3.93	-0.19	+4.13
Martin ratio: Return relative to average drawdown	16.25	-0.42	+16.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JGRE.L vs. BRK-B - Sharpe Ratio Comparison

The current JGRE.L Sharpe Ratio is 2.59, which is higher than the BRK-B Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of JGRE.L and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JGRE.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.59	-0.15	+2.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	0.68	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.59	+0.33

Drawdowns

JGRE.L vs. BRK-B - Drawdown Comparison

The maximum JGRE.L drawdown since its inception was -25.31%, smaller than the maximum BRK-B drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for JGRE.L and BRK-B.

Drawdown Indicators

	JGRE.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-25.31%	-37.92%	+12.61%
Max Drawdown (1Y) Largest decline over 1 year	-6.65%	-11.88%	+5.23%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-17.26%	-1.23%
Max Drawdown (5Y) Largest decline over 5 years	-18.49%	-20.84%	+2.35%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.44%	—
Current Drawdown Current decline from peak	-0.17%	-14.52%	+14.35%
Average Drawdown Average peak-to-trough decline	-3.10%	-7.39%	+4.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	5.50%	-3.89%

Volatility

JGRE.L vs. BRK-B - Volatility Comparison

The current volatility for JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) is 2.48%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.82%. This indicates that JGRE.L 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.

Volatility by Period

	JGRE.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	3.82%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	7.20%	11.92%	-4.72%
Volatility (1Y) Calculated over the trailing 1-year period	10.12%	15.39%	-5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.16%	16.89%	-3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.06%	19.85%	-4.79%

Dividends

JGRE.L vs. BRK-B - Dividend Comparison

Neither JGRE.L nor BRK-B has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JGRE.L and BRK-B in my portfolio?

JGRE.L and BRK-B have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.