JPEF vs. BRK-B

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Equity Focus ETF (JPEF) and Berkshire Hathaway Inc. (BRK-B).

JPEF is an actively managed fund by JPMorgan. It was launched on Jul 29, 2011.

Performance

JPEF vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Focus ETF (JPEF) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

JPEF vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPEF JPMorgan Equity Focus ETF	-3.42%	12.07%	28.19%	5.72%
BRK-B Berkshire Hathaway Inc.	-4.80%	10.89%	27.09%	1.34%

Returns By Period

In the year-to-date period, JPEF achieves a -3.42% return, which is significantly higher than BRK-B's -4.80% return.

JPEF

• 1D: 0.45%
• 1M: -4.69%
• YTD: -3.42%
• 6M: -2.03%
• 1Y: 13.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: -0.15%
• 1M: -0.35%
• YTD: -4.80%
• 6M: -3.95%
• 1Y: -10.22%
• 3Y*: 15.72%
• 5Y*: 13.13%
• 10Y*: 12.78%

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

Return for Risk

JPEF vs. BRK-B — Risk / Return Rank

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

JPEF

JPEF Risk / Return Rank: 46
JPEF Sharpe Ratio Rank: 40
JPEF Sortino Ratio Rank: 42
JPEF Omega Ratio Rank: 46
JPEF Calmar Ratio Rank: 46
JPEF Martin Ratio Rank: 57

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 16
BRK-B Sortino Ratio Rank: 16
BRK-B Omega Ratio Rank: 16
BRK-B Calmar Ratio Rank: 17
BRK-B Martin Ratio Rank: 19

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.

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

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Focus ETF (JPEF) 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.

	JPEF	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	0.78	-0.56	+1.34
Sortino ratio Return per unit of downside risk	1.24	-0.65	+1.88
Omega ratio Gain probability vs. loss probability	1.19	0.91	+0.28
Calmar ratio Return relative to maximum drawdown	1.28	-0.68	+1.96
Martin ratio Return relative to average drawdown	5.85	-1.16	+7.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPEF vs. BRK-B - Sharpe Ratio Comparison

The current JPEF Sharpe Ratio is 0.78, which is higher than the BRK-B Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of JPEF 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.

Sharpe Ratios by Period

	JPEF	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	-0.56	+1.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.02	0.48	+0.54

Correlation

The correlation between JPEF and BRK-B is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JPEF vs. BRK-B - Dividend Comparison

JPEF's dividend yield for the trailing twelve months is around 0.72%, while BRK-B has not paid dividends to shareholders.

	TTM	2025	2024	2023
JPEF JPMorgan Equity Focus ETF	0.72%	0.70%	0.71%	0.39%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%

Drawdowns

JPEF vs. BRK-B - Drawdown Comparison

The maximum JPEF drawdown since its inception was -18.09%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for JPEF and BRK-B.

Drawdown Indicators

	JPEF	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-18.09%	-53.86%	+35.77%
Max Drawdown (1Y) Largest decline over 1 year	-11.01%	-14.95%	+3.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-5.38%	-11.36%	+5.98%
Average Drawdown Average peak-to-trough decline	-2.22%	-11.07%	+8.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	8.72%	-6.31%

Volatility

JPEF vs. BRK-B - Volatility Comparison

JPMorgan Equity Focus ETF (JPEF) has a higher volatility of 5.06% compared to Berkshire Hathaway Inc. (BRK-B) at 4.33%. This indicates that JPEF'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.

Volatility by Period

	JPEF	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.06%	4.33%	+0.73%
Volatility (6M) Calculated over the trailing 6-month period	9.01%	11.14%	-2.13%
Volatility (1Y) Calculated over the trailing 1-year period	17.52%	18.30%	-0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.21%	17.20%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.21%	19.45%	-4.24%