NASD.L vs. BRK-B

Last updated Jun 5, 2026

NASD.L (Lyxor Nasdaq-100 Ucits ETF Acc USD) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, NASD.L returned 17.79%/yr vs 10.35%/yr for BRK-B. At a 0.23 correlation, their price movements are largely independent.

Performance

NASD.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lyxor Nasdaq-100 Ucits ETF Acc USD (NASD.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NASD.L achieves a 19.73% return, which is significantly higher than BRK-B's -4.78% return.

NASD.L

• 1D: -0.74%
• 1M: 8.56%
• YTD: 19.73%
• 6M: 19.19%
• 1Y: 40.49%
• 3Y*: 28.20%
• 5Y*: 17.79%
• 10Y*: —

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%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NASD.L Lyxor Nasdaq-100 Ucits ETF Acc USD	19.73%	19.87%	26.82%	56.40%	-33.39%	28.25%	48.47%	38.09%	-8.81%
BRK-B Berkshire Hathaway Inc.	-4.78%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	2.51%

Correlation

The correlation between NASD.L and BRK-B is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since May 15, 2018	0.23

The correlation between NASD.L and BRK-B shifts across timeframes, from -0.12 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NASD.L vs. BRK-B — Risk / Return Rank

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

NASD.L

NASD.L Risk / Return Rank: 76
NASD.L Sharpe Ratio Rank: 80
NASD.L Sortino Ratio Rank: 79
NASD.L Omega Ratio Rank: 75
NASD.L Calmar Ratio Rank: 74
NASD.L Martin Ratio Rank: 72

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.

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

This table presents a comparison of risk-adjusted performance metrics for Lyxor Nasdaq-100 Ucits ETF Acc USD (NASD.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.

	NASD.L	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.55	-0.18	+2.72
Sortino ratio: Return per unit of downside risk	3.50	-0.15	+3.64
Omega ratio: Gain probability vs. loss probability	1.44	0.98	+0.46
Calmar ratio: Return relative to maximum drawdown	3.69	-0.27	+3.96
Martin ratio: Return relative to average drawdown	13.29	-0.57	+13.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current NASD.L Sharpe Ratio is 2.55, which is higher than the BRK-B Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of NASD.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

	NASD.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	-0.18	+2.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.61	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.48	+0.49

Drawdowns

NASD.L vs. BRK-B - Drawdown Comparison

The maximum NASD.L drawdown since its inception was -35.01%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for NASD.L and BRK-B.

Drawdown Indicators

	NASD.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-35.01%	-53.86%	+18.85%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-9.42%	-1.51%
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	-14.95%	-7.41%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	-26.58%	-8.43%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-0.74%	-11.33%	+10.59%
Average Drawdown Average peak-to-trough decline	-7.28%	-11.07%	+3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	4.46%	-1.42%

Volatility

NASD.L vs. BRK-B - Volatility Comparison

Lyxor Nasdaq-100 Ucits ETF Acc USD (NASD.L) has a higher volatility of 4.92% compared to Berkshire Hathaway Inc. (BRK-B) at 3.72%. This indicates that NASD.L'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

	NASD.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	3.72%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	11.69%	10.70%	+0.99%
Volatility (1Y) Calculated over the trailing 1-year period	15.83%	14.32%	+1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	17.11%	+3.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.24%	19.43%	+1.81%

Dividends

NASD.L vs. BRK-B - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NASD.L Lyxor Nasdaq-100 Ucits ETF Acc USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.66%	0.70%

Frequently Asked Questions

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

NASD.L and BRK-B have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.