JPTC.L vs. BRK-B

Last updated Jun 5, 2026

JPTC.L (JPMorgan Carbon Transition Global 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, JPTC.L returned 11.69%/yr vs 11.38%/yr for BRK-B. At a 0.20 correlation, their price movements are largely independent.

Performance

JPTC.L vs. BRK-B - Performance Comparison

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

Different Trading Currencies

JPTC.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, JPTC.L achieves a 6.75% return, which is significantly higher than BRK-B's -5.08% return.

JPTC.L

• 1D: 0.45%
• 1M: 4.58%
• YTD: 6.75%
• 6M: 6.98%
• 1Y: 21.63%
• 3Y*: 15.41%
• 5Y*: 11.69%
• 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)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JPTC.L JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc)	6.75%	11.44%	20.36%	16.17%	-8.74%	25.32%	0.92%
BRK-B Berkshire Hathaway Inc.	-4.39%	2.99%	29.31%	9.69%	15.59%	30.17%	-3.57%

Correlation

The correlation between JPTC.L and BRK-B is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020	0.20

The correlation between JPTC.L and BRK-B shifts across timeframes, from 0.05 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JPTC.L vs. BRK-B — Risk / Return Rank

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.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.

	JPTC.L	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.95	-0.15	+2.10
Sortino ratio: Return per unit of downside risk	2.79	-0.10	+2.89
Omega ratio: Gain probability vs. loss probability	1.36	0.99	+0.38
Calmar ratio: Return relative to maximum drawdown	2.48	-0.19	+2.67
Martin ratio: Return relative to average drawdown	10.17	-0.42	+10.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current JPTC.L Sharpe Ratio is 1.95, which is higher than the BRK-B Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of JPTC.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

	JPTC.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	-0.15	+2.10
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	1.12	0.59	+0.53

Drawdowns

JPTC.L vs. BRK-B - Drawdown Comparison

The maximum JPTC.L drawdown since its inception was -19.17%, smaller than the maximum BRK-B drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for JPTC.L and BRK-B.

Drawdown Indicators

	JPTC.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-19.17%	-37.92%	+18.75%
Max Drawdown (1Y) Largest decline over 1 year	-8.69%	-11.88%	+3.19%
Max Drawdown (3Y) Largest decline over 3 years	-19.17%	-17.26%	-1.91%
Max Drawdown (5Y) Largest decline over 5 years	-19.17%	-20.84%	+1.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.44%	—
Current Drawdown Current decline from peak	-0.01%	-14.52%	+14.51%
Average Drawdown Average peak-to-trough decline	-2.84%	-7.39%	+4.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	5.50%	-3.38%

Volatility

JPTC.L vs. BRK-B - Volatility Comparison

The current volatility for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) is 2.56%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.82%. This indicates that JPTC.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

	JPTC.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	3.82%	-1.26%
Volatility (6M) Calculated over the trailing 6-month period	8.25%	11.92%	-3.67%
Volatility (1Y) Calculated over the trailing 1-year period	11.04%	15.39%	-4.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.19%	16.89%	-1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.23%	19.85%	-4.62%

Dividends

JPTC.L vs. BRK-B - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

JPTC.L and BRK-B have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.