NATO.L vs. BRYN.DE
NATO.L (HANetf Future of Defence UCITS ETF - Accumulating) is Aerospace & Defense fund tracking the EQM Future of Defence Index, while BRYN.DE (Berkshire Hathaway Inc) is a stock. Over the past year, NATO.L returned 17.19% vs 0.07% for BRYN.DE. At a 0.17 correlation, their price movements are largely independent.
Performance
NATO.L vs. BRYN.DE - Performance Comparison
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Different Trading Currencies
NATO.L is traded in USD, while BRYN.DE is traded in EUR. To make them comparable, the BRYN.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NATO.L achieves a 10.38% return, which is significantly higher than BRYN.DE's -2.40% return.
NATO.L
- 1D
- 0.00%
- 1M
- 5.24%
- YTD
- 10.38%
- 6M
- 11.03%
- 1Y
- 17.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRYN.DE
- 1D
- 0.75%
- 1M
- 1.01%
- YTD
- -2.40%
- 6M
- -1.95%
- 1Y
- 0.07%
- 3Y*
- 13.29%
- 5Y*
- 11.20%
- 10Y*
- 13.26%
NATO.L vs. BRYN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NATO.L HANetf Future of Defence UCITS ETF - Accumulating | 10.38% | 54.83% | 31.99% | 16.64% |
BRYN.DE Berkshire Hathaway Inc | -2.40% | 10.28% | 27.03% | 5.27% |
Correlation
The correlation between NATO.L and BRYN.DE is -0.06, 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 | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2023 | 0.17 |
The correlation between NATO.L and BRYN.DE shifts across timeframes, from -0.06 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NATO.L vs. BRYN.DE — Risk / Return Rank
NATO.L
BRYN.DE
NATO.L vs. BRYN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Future of Defence UCITS ETF - Accumulating (NATO.L) and Berkshire Hathaway Inc (BRYN.DE). 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.
| NATO.L | BRYN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.01 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 0.01 | +1.33 |
| Martin ratioReturn relative to average drawdown | 3.23 | 0.02 | +3.21 |
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Drawdowns
NATO.L vs. BRYN.DE - Drawdown Comparison
The maximum NATO.L drawdown since its inception was -12.87%, smaller than the maximum BRYN.DE drawdown of -97.94%. Use the drawdown chart below to compare losses from any high point for NATO.L and BRYN.DE.
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Drawdown Indicators
| NATO.L | BRYN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.87% | -97.94% | +85.07% |
Max Drawdown (1Y)Largest decline over 1 year | -12.79% | -9.74% | -3.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.17% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.89% | — |
Current DrawdownCurrent decline from peak | -4.45% | -84.49% | +80.04% |
Average DrawdownAverage peak-to-trough decline | -2.59% | -84.29% | +81.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.31% | 4.68% | +0.63% |
Volatility
NATO.L vs. BRYN.DE - Volatility Comparison
HANetf Future of Defence UCITS ETF - Accumulating (NATO.L) has a higher volatility of 7.02% compared to Berkshire Hathaway Inc (BRYN.DE) at 4.21%. This indicates that NATO.L's price experiences larger fluctuations and is considered to be riskier than BRYN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NATO.L | BRYN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.02% | 4.21% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 16.02% | 10.79% | +5.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.17% | 15.05% | +5.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.14% | 17.62% | +1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 18.79% | +0.35% |
Dividends
NATO.L vs. BRYN.DE - Dividend Comparison
Neither NATO.L nor BRYN.DE has paid dividends to shareholders.
Frequently Asked Questions
NATO.L and BRYN.DE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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