JLPSX vs. BRK-B

Last updated Jun 3, 2026

JLPSX (JPMorgan U.S. Large Cap Core Plus Fund) is Large Cap Blend Equities fund managed by JPMorgan, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, JLPSX returned 16.61%/yr vs 12.82%/yr for BRK-B. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

JLPSX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Large Cap Core Plus Fund (JLPSX) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JLPSX achieves a 7.52% return, which is significantly higher than BRK-B's -6.20% return. Over the past 10 years, JLPSX has outperformed BRK-B with an annualized return of 16.61%, while BRK-B has yielded a comparatively lower 12.82% annualized return.

JLPSX

• 1D: 0.24%
• 1M: 3.99%
• YTD: 7.52%
• 6M: 8.24%
• 1Y: 23.59%
• 3Y*: 24.40%
• 5Y*: 15.58%
• 10Y*: 16.61%

BRK-B

• 1D: 0.26%
• 1M: -0.32%
• YTD: -6.20%
• 6M: -6.94%
• 1Y: -6.23%
• 3Y*: 12.69%
• 5Y*: 10.06%
• 10Y*: 12.82%

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

JLPSX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JLPSX JPMorgan U.S. Large Cap Core Plus Fund	7.52%	14.83%	37.27%	29.98%	-18.34%	28.75%	26.10%	29.96%	-7.15%	21.43%
BRK-B Berkshire Hathaway Inc.	-6.20%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between JLPSX and BRK-B is 0.10, 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	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Nov 2, 2005	0.59

Over the past year, the correlation between JLPSX and BRK-B has dropped to 0.10 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

Return for Risk

JLPSX vs. BRK-B — Risk / Return Rank

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

JLPSX

JLPSX Risk / Return Rank: 42
JLPSX Sharpe Ratio Rank: 46
JLPSX Sortino Ratio Rank: 43
JLPSX Omega Ratio Rank: 45
JLPSX Calmar Ratio Rank: 32
JLPSX Martin Ratio Rank: 44

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 21
BRK-B Sortino Ratio Rank: 19
BRK-B Omega Ratio Rank: 19
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 8

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.

JLPSX vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Large Cap Core Plus Fund (JLPSX) 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.

	JLPSX	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.99	-0.44	+2.43
Sortino ratio Return per unit of downside risk	2.76	-0.51	+3.26
Omega ratio Gain probability vs. loss probability	1.36	0.94	+0.43
Calmar ratio Return relative to maximum drawdown	2.19	-0.68	+2.87
Martin ratio Return relative to average drawdown	9.30	-1.36	+10.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JLPSX vs. BRK-B - Sharpe Ratio Comparison

The current JLPSX Sharpe Ratio is 1.99, which is higher than the BRK-B Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of JLPSX 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

	JLPSX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	-0.44	+2.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	0.59	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.66	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.48	+0.12

Drawdowns

JLPSX vs. BRK-B - Drawdown Comparison

The maximum JLPSX drawdown since its inception was -51.33%, roughly equal to the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for JLPSX and BRK-B.

Drawdown Indicators

	JLPSX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-51.33%	-53.86%	+2.53%
Max Drawdown (1Y) Largest decline over 1 year	-11.06%	-9.42%	-1.64%
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	-14.95%	-4.40%
Max Drawdown (5Y) Largest decline over 5 years	-25.68%	-26.58%	+0.90%
Max Drawdown (10Y) Largest decline over 10 years	-35.09%	-29.57%	-5.52%
Current Drawdown Current decline from peak	0.00%	-12.65%	+12.65%
Average Drawdown Average peak-to-trough decline	-6.95%	-11.07%	+4.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	4.73%	-2.13%

Volatility

JLPSX vs. BRK-B - Volatility Comparison

The current volatility for JPMorgan U.S. Large Cap Core Plus Fund (JLPSX) is 3.12%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.79%. This indicates that JLPSX 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

	JLPSX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	3.79%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	10.68%	-1.05%
Volatility (1Y) Calculated over the trailing 1-year period	12.27%	14.31%	-2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.56%	17.11%	+0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.40%	19.43%	+2.97%

Dividends

JLPSX vs. BRK-B - Dividend Comparison

JLPSX's dividend yield for the trailing twelve months is around 2.77%, 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%
JLPSX JPMorgan U.S. Large Cap Core Plus Fund	2.77%	2.98%	12.87%	11.67%	32.43%	28.14%	28.69%	22.82%	17.84%	13.85%	4.73%	9.24%

Frequently Asked Questions

Can I hold both JLPSX and BRK-B in my portfolio?

JLPSX and BRK-B have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JLPSX or BRK-B?

BRK-B has higher volatility (3.79%) compared to JLPSX (3.12%). In terms of maximum drawdown, JLPSX dropped -51.33% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

JLPSX currently has the higher Sharpe Ratio (1.99 vs -0.44), 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.