NVDA.TO vs. BRK-A

Last updated Jun 4, 2026

NVDA.TO (Nvidia CDR (CAD Hedged)) and BRK-A (Berkshire Hathaway Inc) are both stocks. NVDA.TO operates in Semiconductors (Technology), while BRK-A operates in Insurance - Diversified (Financial Services). Over the past 3 years, NVDA.TO returned 72.52%/yr vs 13.68%/yr for BRK-A. At a 0.10 correlation, their price movements are largely independent.

Performance

NVDA.TO vs. BRK-A - Performance Comparison

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

Different Trading Currencies

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

Returns By Period

In the year-to-date period, NVDA.TO achieves a 14.32% return, which is significantly higher than BRK-A's -4.24% return.

NVDA.TO

• 1D: -3.51%
• 1M: 8.02%
• YTD: 14.32%
• 6M: 18.33%
• 1Y: 48.72%
• 3Y*: 72.52%
• 5Y*: —
• 10Y*: —

BRK-A

• 1D: 1.33%
• 1M: 3.58%
• YTD: -4.24%
• 6M: -6.21%
• 1Y: -3.12%
• 3Y*: 13.68%
• 5Y*: 13.36%
• 10Y*: 13.74%

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

NVDA.TO vs. BRK-A - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NVDA.TO Nvidia CDR (CAD Hedged)	14.32%	34.82%	167.13%	233.70%	-37.69%
BRK-A Berkshire Hathaway Inc	-4.24%	5.77%	36.27%	13.22%	8.08%

Correlation

The correlation between NVDA.TO and BRK-A is -0.15, 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	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.10

The correlation between NVDA.TO and BRK-A shifts across timeframes, from -0.15 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NVDA.TO vs. BRK-A — Risk / Return Rank

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

NVDA.TO

NVDA.TO Risk / Return Rank: 77
NVDA.TO Sharpe Ratio Rank: 81
NVDA.TO Sortino Ratio Rank: 77
NVDA.TO Omega Ratio Rank: 73
NVDA.TO Calmar Ratio Rank: 77
NVDA.TO Martin Ratio Rank: 77

BRK-A

BRK-A Risk / Return Rank: 23
BRK-A Sharpe Ratio Rank: 27
BRK-A Sortino Ratio Rank: 22
BRK-A Omega Ratio Rank: 23
BRK-A Calmar Ratio Rank: 24
BRK-A Martin Ratio Rank: 20

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.

NVDA.TO vs. BRK-A - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nvidia CDR (CAD Hedged) (NVDA.TO) and Berkshire Hathaway Inc (BRK-A). 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.

	NVDA.TO	BRK-A	Difference
Sharpe ratio Return per unit of total volatility	1.49	-0.21	+1.71
Sortino ratio Return per unit of downside risk	2.12	-0.19	+2.31
Omega ratio Gain probability vs. loss probability	1.25	0.98	+0.28
Calmar ratio Return relative to maximum drawdown	2.33	-0.27	+2.59
Martin ratio Return relative to average drawdown	5.63	-0.56	+6.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVDA.TO vs. BRK-A - Sharpe Ratio Comparison

The current NVDA.TO Sharpe Ratio is 1.49, which is higher than the BRK-A Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of NVDA.TO and BRK-A, 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

	NVDA.TO	BRK-A	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	-0.21	+1.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	0.84	+0.40

Drawdowns

NVDA.TO vs. BRK-A - Drawdown Comparison

The maximum NVDA.TO drawdown since its inception was -61.15%, which is greater than BRK-A's maximum drawdown of -23.90%. Use the drawdown chart below to compare losses from any high point for NVDA.TO and BRK-A.

Drawdown Indicators

	NVDA.TO	BRK-A	Difference
Max Drawdown Largest peak-to-trough decline	-61.15%	-23.90%	-37.25%
Max Drawdown (1Y) Largest decline over 1 year	-21.05%	-11.81%	-9.24%
Max Drawdown (3Y) Largest decline over 3 years	-37.49%	-17.01%	-20.48%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-23.90%	—
Current Drawdown Current decline from peak	-8.77%	-13.66%	+4.89%
Average Drawdown Average peak-to-trough decline	-15.32%	-5.22%	-10.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.69%	5.65%	+3.04%

Volatility

NVDA.TO vs. BRK-A - Volatility Comparison

Nvidia CDR (CAD Hedged) (NVDA.TO) has a higher volatility of 12.46% compared to Berkshire Hathaway Inc (BRK-A) at 3.98%. This indicates that NVDA.TO's price experiences larger fluctuations and is considered to be riskier than BRK-A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDA.TO	BRK-A	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.46%	3.98%	+8.48%
Volatility (6M) Calculated over the trailing 6-month period	24.90%	11.33%	+13.57%
Volatility (1Y) Calculated over the trailing 1-year period	32.87%	14.85%	+18.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.67%	16.24%	+35.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.67%	17.97%	+33.70%

Dividends

NVDA.TO vs. BRK-A - Dividend Comparison

NVDA.TO's dividend yield for the trailing twelve months is around 0.02%, while BRK-A has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BRK-A Berkshire Hathaway Inc	0.00%	0.00%	0.00%	0.00%	0.00%
NVDA.TO Nvidia CDR (CAD Hedged)	0.02%	0.02%	0.02%	0.03%	0.11%

Financials

Frequently Asked Questions

Can I hold both NVDA.TO and BRK-A in my portfolio?

NVDA.TO and BRK-A have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.