KSA vs. BRK-B
KSA (iShares MSCI Saudi Arabia ETF) is Emerging Markets Equities fund tracking the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, KSA returned 7.50%/yr vs 12.93%/yr for BRK-B. At a 0.29 correlation, their price movements are largely independent.
Performance
KSA vs. BRK-B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KSA achieves a 5.30% return, which is significantly higher than BRK-B's -4.78% return. Over the past 10 years, KSA has underperformed BRK-B with an annualized return of 7.50%, while BRK-B has yielded a comparatively higher 12.93% annualized return.
KSA
- 1D
- 0.31%
- 1M
- -0.31%
- YTD
- 5.30%
- 6M
- 4.39%
- 1Y
- 2.86%
- 3Y*
- 0.50%
- 5Y*
- 2.01%
- 10Y*
- 7.50%
BRK-B
- 1D
- 0.69%
- 1M
- 2.82%
- YTD
- -4.78%
- 6M
- -4.89%
- 1Y
- -2.52%
- 3Y*
- 13.36%
- 5Y*
- 10.35%
- 10Y*
- 12.93%
KSA vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KSA iShares MSCI Saudi Arabia ETF | 5.30% | -8.20% | -0.19% | 15.05% | -6.06% | 33.62% | 2.65% | 9.30% | 13.07% | 6.14% |
BRK-B Berkshire Hathaway Inc. | -4.78% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between KSA and BRK-B is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2015 | 0.29 |
The correlation between KSA and BRK-B shifts across timeframes, from 0.09 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
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
KSA vs. BRK-B — Risk / Return Rank
KSA
BRK-B
KSA vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Saudi Arabia ETF (KSA) 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.
| KSA | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.98 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | -0.27 | +0.52 |
| Martin ratioReturn relative to average drawdown | 0.55 | -0.57 | +1.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| KSA | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | -0.18 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.61 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.67 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.48 | -0.17 |
Drawdowns
KSA vs. BRK-B - Drawdown Comparison
The maximum KSA drawdown since its inception was -40.56%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for KSA and BRK-B.
Loading charts...
Drawdown Indicators
| KSA | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -53.86% | +13.30% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -9.42% | -2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -15.56% | -14.95% | -0.61% |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | -26.58% | -1.50% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -29.57% | -10.99% |
Current DrawdownCurrent decline from peak | -16.43% | -11.33% | -5.10% |
Average DrawdownAverage peak-to-trough decline | -11.44% | -11.07% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.19% | 4.46% | +0.73% |
Volatility
KSA vs. BRK-B - Volatility Comparison
iShares MSCI Saudi Arabia ETF (KSA) and Berkshire Hathaway Inc. (BRK-B) have volatilities of 3.66% and 3.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KSA | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.66% | 3.72% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 10.70% | +1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.67% | 14.32% | +2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 17.11% | -1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.04% | 19.43% | +0.61% |
Dividends
KSA vs. BRK-B - Dividend Comparison
KSA's dividend yield for the trailing twelve months is around 2.80%, 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% |
KSA iShares MSCI Saudi Arabia ETF | 2.80% | 2.95% | 3.44% | 2.44% | 1.93% | 1.58% | 1.76% | 2.15% | 2.51% | 2.30% | 3.05% | 0.04% |
Frequently Asked Questions
KSA and BRK-B have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRK-B has higher volatility (3.72%) compared to KSA (3.66%). In terms of maximum drawdown, KSA dropped -40.56% vs BRK-B's -53.86%.
KSA currently has the higher Sharpe Ratio (0.17 vs -0.18), 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 KSA 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