NVR vs. BRK-B
NVR (NVR, Inc.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. NVR operates in Residential Construction (Consumer Cyclical), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, NVR returned 13.65%/yr vs 13.14%/yr for BRK-B. At a 0.26 correlation, their price movements are largely independent.
Performance
NVR vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, NVR achieves a -15.11% return, which is significantly lower than BRK-B's -3.11% return. Both investments have delivered pretty close results over the past 10 years, with NVR having a 13.65% annualized return and BRK-B not far behind at 13.14%.
NVR
- 1D
- 0.14%
- 1M
- 3.63%
- YTD
- -15.11%
- 6M
- -16.77%
- 1Y
- -13.00%
- 3Y*
- 2.09%
- 5Y*
- 5.25%
- 10Y*
- 13.65%
BRK-B
- 1D
- -0.23%
- 1M
- 2.32%
- YTD
- -3.11%
- 6M
- -2.06%
- 1Y
- -1.32%
- 3Y*
- 13.25%
- 5Y*
- 11.03%
- 10Y*
- 13.14%
NVR vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVR NVR, Inc. | -15.11% | -10.83% | 16.83% | 51.77% | -21.94% | 44.83% | 7.13% | 56.28% | -30.53% | 110.20% |
BRK-B Berkshire Hathaway Inc. | -3.11% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between NVR and BRK-B is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since May 10, 1996 | 0.26 |
The correlation between NVR and BRK-B shifts across timeframes, from 0.26 (all time) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NVR:
$18.13B
BRK-B:
$1.05T
NVR:
$408.34
BRK-B:
$33.62
NVR:
15.16
BRK-B:
14.49
NVR:
1.48
BRK-B:
0.56
NVR:
1.94
BRK-B:
2.80
NVR:
5.19
BRK-B:
1.44
NVR:
$9.66B
BRK-B:
$375.39B
NVR:
$2.17B
BRK-B:
$94.36B
NVR:
$1.60B
BRK-B:
$71.92B
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Return for Risk
NVR vs. BRK-B — Risk / Return Rank
NVR
BRK-B
NVR vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NVR, Inc. (NVR) 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.
| NVR | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.00 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | -0.14 | -0.23 |
| Martin ratioReturn relative to average drawdown | -0.84 | -0.30 | -0.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NVR | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | -0.09 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.65 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.68 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.48 | -0.43 |
Drawdowns
NVR vs. BRK-B - Drawdown Comparison
The maximum NVR drawdown since its inception was -96.47%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for NVR and BRK-B.
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Drawdown Indicators
| NVR | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.47% | -53.86% | -42.61% |
Max Drawdown (1Y)Largest decline over 1 year | -34.88% | -9.42% | -25.46% |
Max Drawdown (3Y)Largest decline over 3 years | -43.94% | -14.95% | -28.99% |
Max Drawdown (5Y)Largest decline over 5 years | -43.94% | -26.58% | -17.36% |
Max Drawdown (10Y)Largest decline over 10 years | -46.13% | -29.57% | -16.56% |
Current DrawdownCurrent decline from peak | -37.62% | -9.78% | -27.84% |
Average DrawdownAverage peak-to-trough decline | -23.55% | -11.07% | -12.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.45% | 4.49% | +10.96% |
Volatility
NVR vs. BRK-B - Volatility Comparison
NVR, Inc. (NVR) has a higher volatility of 6.50% compared to Berkshire Hathaway Inc. (BRK-B) at 3.98%. This indicates that NVR'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.
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Volatility by Period
| NVR | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 3.98% | +2.52% |
Volatility (6M)Calculated over the trailing 6-month period | 19.81% | 10.87% | +8.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.21% | 14.38% | +12.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.54% | 17.13% | +10.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.95% | 19.44% | +12.51% |
Dividends
NVR vs. BRK-B - Dividend Comparison
Neither NVR nor BRK-B has paid dividends to shareholders.
Financials
NVR vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between NVR, Inc. and Berkshire Hathaway Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NVR vs. BRK-B - Profitability Comparison
NVR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NVR, Inc. reported a gross profit of 360.34M and revenue of 1.83B. Therefore, the gross margin over that period was 19.6%.
BRK-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a gross profit of 26.98B and revenue of 93.68B. Therefore, the gross margin over that period was 28.8%.
NVR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVR, Inc. reported an operating income of 203.37M and revenue of 1.83B, resulting in an operating margin of 11.1%.
BRK-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.
NVR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NVR, Inc. reported a net income of 198.36M and revenue of 1.83B, resulting in a net margin of 10.8%.
BRK-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a net income of 10.18B and revenue of 93.68B, resulting in a net margin of 10.9%.
Frequently Asked Questions
NVR and BRK-B have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVR has higher volatility (6.50%) compared to BRK-B (3.98%). In terms of maximum drawdown, NVR dropped -96.47% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (-0.09 vs -0.48), 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.
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