MSFT.TO vs. BRK-B

Last updated Jun 13, 2026

MSFT.TO (Microsoft CDR (CAD Hedged)) and BRK-B (Berkshire Hathaway Inc.) are both stocks. MSFT.TO operates in Software - Infrastructure (Technology), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 3 years, MSFT.TO returned 4.21%/yr vs 15.00%/yr for BRK-B. At a 0.20 correlation, their price movements are largely independent.

Performance

MSFT.TO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Microsoft CDR (CAD Hedged) (MSFT.TO) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MSFT.TO is traded in CAD, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MSFT.TO achieves a -19.71% return, which is significantly lower than BRK-B's -0.69% return.

MSFT.TO

• 1D: 0.07%
• 1M: -4.37%
• YTD: -19.71%
• 6M: -19.03%
• 1Y: -18.96%
• 3Y*: 4.21%
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: 0.90%
• 1M: 3.05%
• YTD: -0.69%
• 6M: -0.66%
• 1Y: 3.13%
• 3Y*: 15.00%
• 5Y*: 14.53%
• 10Y*: 14.20%

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

MSFT.TO vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MSFT.TO Microsoft CDR (CAD Hedged)	-19.71%	12.65%	11.26%	56.34%	-8.31%
BRK-B Berkshire Hathaway Inc.	-0.69%	5.83%	37.85%	12.71%	12.47%

Correlation

The correlation between MSFT.TO and BRK-B is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022	0.20

The correlation between MSFT.TO and BRK-B shifts across timeframes, from -0.04 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MSFT.TO vs. BRK-B — Risk / Return Rank

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

MSFT.TO

MSFT.TO Risk / Return Rank: 15
MSFT.TO Sharpe Ratio Rank: 10
MSFT.TO Sortino Ratio Rank: 13
MSFT.TO Omega Ratio Rank: 13
MSFT.TO Calmar Ratio Rank: 22
MSFT.TO Martin Ratio Rank: 17

BRK-B

BRK-B Risk / Return Rank: 39
BRK-B Sharpe Ratio Rank: 42
BRK-B Sortino Ratio Rank: 34
BRK-B Omega Ratio Rank: 33
BRK-B Calmar Ratio Rank: 42
BRK-B Martin Ratio Rank: 42

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.

MSFT.TO vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Microsoft CDR (CAD Hedged) (MSFT.TO) 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.

	MSFT.TO	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	0.13	-0.91
Sortino ratio: Return per unit of downside risk	-0.96	0.28	-1.24
Omega ratio: Gain probability vs. loss probability	0.88	1.04	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.58	0.17	-0.74
Martin ratio: Return relative to average drawdown	-1.16	0.36	-1.52

MSFT.TO vs. BRK-B - Sharpe Ratio Comparison

The current MSFT.TO Sharpe Ratio is -0.78, which is lower than the BRK-B Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of MSFT.TO 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.

Drawdowns

MSFT.TO vs. BRK-B - Drawdown Comparison

The maximum MSFT.TO drawdown since its inception was -34.43%, smaller than the maximum BRK-B drawdown of -41.13%. Use the drawdown chart below to compare losses from any high point for MSFT.TO and BRK-B.

Drawdown Indicators

	MSFT.TO	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-34.43%	-41.13%	+6.70%
Max Drawdown (1Y) Largest decline over 1 year	-34.43%	-12.05%	-22.38%
Max Drawdown (3Y) Largest decline over 3 years	-34.43%	-17.69%	-16.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-23.14%	—
Current Drawdown Current decline from peak	-28.66%	-11.05%	-17.61%
Average Drawdown Average peak-to-trough decline	-9.53%	-9.95%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.07%	5.68%	+11.39%

Volatility

MSFT.TO vs. BRK-B - Volatility Comparison

Microsoft CDR (CAD Hedged) (MSFT.TO) has a higher volatility of 10.64% compared to Berkshire Hathaway Inc. (BRK-B) at 4.35%. This indicates that MSFT.TO'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

	MSFT.TO	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.64%	4.35%	+6.29%
Volatility (6M) Calculated over the trailing 6-month period	22.49%	11.47%	+11.02%
Volatility (1Y) Calculated over the trailing 1-year period	25.46%	15.33%	+10.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.37%	18.07%	+8.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.37%	20.44%	+5.93%

Dividends

MSFT.TO vs. BRK-B - Dividend Comparison

MSFT.TO's dividend yield for the trailing twelve months is around 0.92%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%
MSFT.TO Microsoft CDR (CAD Hedged)	0.92%	0.71%	0.73%	0.75%	0.56%

Financials

Frequently Asked Questions

Can I hold both MSFT.TO and BRK-B in my portfolio?

MSFT.TO and BRK-B have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.