JPEF vs. BRK-B
JPEF (JPMorgan Equity Focus ETF) is Large Cap Blend Equities fund actively managed by JPMorgan, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past year, JPEF returned 16.18% vs 1.03% for BRK-B. At a 0.35 correlation, their price movements are largely independent.
Performance
JPEF vs. BRK-B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JPEF achieves a 5.24% return, which is significantly higher than BRK-B's -1.96% return.
JPEF
- 1D
- -1.55%
- 1M
- -1.55%
- YTD
- 5.24%
- 6M
- 4.30%
- 1Y
- 16.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- 0.84%
- 1M
- 1.32%
- YTD
- -1.96%
- 6M
- -1.54%
- 1Y
- 1.03%
- 3Y*
- 13.70%
- 5Y*
- 12.33%
- 10Y*
- 13.43%
JPEF vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JPEF JPMorgan Equity Focus ETF | 5.24% | 12.07% | 28.19% | 5.70% |
BRK-B Berkshire Hathaway Inc. | -1.96% | 10.89% | 27.09% | 1.96% |
Correlation
The correlation between JPEF and BRK-B is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023 | 0.35 |
Over the past year, the correlation between JPEF and BRK-B has dropped to 0.13 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JPEF vs. BRK-B — Risk / Return Rank
JPEF
BRK-B
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.
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.
| JPEF | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.28 | ||
| Sortino ratioReturn per unit of downside risk | +1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.02 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 0.11 | +1.86 |
| Martin ratioReturn relative to average drawdown | 8.51 | 0.23 | +8.28 |
Loading charts...
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.
Loading charts...
Drawdown Indicators
| JPEF | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.09% | -53.86% | +35.77% |
Max Drawdown (1Y)Largest decline over 1 year | -8.25% | -9.42% | +1.17% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -3.17% | -8.71% | +5.54% |
Average DrawdownAverage peak-to-trough decline | -2.15% | -11.07% | +8.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 4.57% | -2.66% |
Volatility
JPEF vs. BRK-B - Volatility Comparison
JPMorgan Equity Focus ETF (JPEF) has a higher volatility of 4.67% compared to Berkshire Hathaway Inc. (BRK-B) at 3.75%. 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.
Loading charts...
Volatility by Period
| JPEF | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 3.75% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 9.55% | 10.63% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.06% | 14.39% | -2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.11% | 17.10% | -1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 19.39% | -4.28% |
Dividends
JPEF vs. BRK-B - Dividend Comparison
JPEF's dividend yield for the trailing twelve months is around 0.67%, while BRK-B has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
JPEF JPMorgan Equity Focus ETF | 0.67% | 0.70% | 0.71% | 0.39% |
Frequently Asked Questions
JPEF and BRK-B have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPEF has higher volatility (4.67%) compared to BRK-B (3.75%). In terms of maximum drawdown, JPEF dropped -18.09% vs BRK-B's -53.86%.
JPEF currently has the higher Sharpe Ratio (1.35 vs 0.07), 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.
Find the right allocation for JPEF and BRK-B
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer