ONGFX vs. BRK-A

Last updated Jun 4, 2026

ONGFX (JPMorgan Investor Growth & Income Fund) is Diversified Portfolio fund managed by JPMorgan, while BRK-A (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, ONGFX returned 9.86%/yr vs 12.93%/yr for BRK-A. At a 0.49 correlation, their price movements are largely independent.

Performance

ONGFX vs. BRK-A - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Investor Growth & Income Fund (ONGFX) and Berkshire Hathaway Inc. (BRK-A). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ONGFX achieves a 6.80% return, which is significantly higher than BRK-A's -5.45% return. Over the past 10 years, ONGFX has underperformed BRK-A with an annualized return of 9.86%, while BRK-A has yielded a comparatively higher 12.93% annualized return.

ONGFX

• 1D: 0.32%
• 1M: 3.31%
• YTD: 6.80%
• 6M: 7.03%
• 1Y: 17.97%
• 3Y*: 14.33%
• 5Y*: 7.51%
• 10Y*: 9.86%

BRK-A

• 1D: 0.92%
• 1M: 1.55%
• YTD: -5.45%
• 6M: -5.85%
• 1Y: -4.36%
• 3Y*: 12.37%
• 5Y*: 10.21%
• 10Y*: 12.93%

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

ONGFX vs. BRK-A - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ONGFX JPMorgan Investor Growth & Income Fund	6.80%	14.18%	11.55%	17.62%	-14.61%	14.26%	17.29%	20.89%	-6.32%	16.93%
BRK-A Berkshire Hathaway Inc.	-5.45%	10.85%	25.49%	15.77%	4.00%	29.57%	2.42%	10.98%	2.82%	21.91%

Correlation

The correlation between ONGFX and BRK-A is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Dec 11, 1996	0.49

Over the past year, the correlation between ONGFX and BRK-A has dropped to 0.14 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

Return for Risk

ONGFX vs. BRK-A — Risk / Return Rank

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

ONGFX

ONGFX Risk / Return Rank: 53
ONGFX Sharpe Ratio Rank: 53
ONGFX Sortino Ratio Rank: 52
ONGFX Omega Ratio Rank: 53
ONGFX Calmar Ratio Rank: 50
ONGFX Martin Ratio Rank: 58

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.

ONGFX vs. BRK-A - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Investor Growth & Income Fund (ONGFX) 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.

	ONGFX	BRK-A	Difference
Sharpe ratio: Return per unit of total volatility	2.14	-0.32	+2.45
Sortino ratio: Return per unit of downside risk	3.05	-0.34	+3.40
Omega ratio: Gain probability vs. loss probability	1.40	0.96	+0.45
Calmar ratio: Return relative to maximum drawdown	2.68	-0.48	+3.16
Martin ratio: Return relative to average drawdown	11.57	-1.00	+12.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ONGFX vs. BRK-A - Sharpe Ratio Comparison

The current ONGFX Sharpe Ratio is 2.14, which is higher than the BRK-A Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of ONGFX 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

	ONGFX	BRK-A	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	-0.32	+2.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.60	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.68	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.82	-0.20

Drawdowns

ONGFX vs. BRK-A - Drawdown Comparison

The maximum ONGFX drawdown since its inception was -40.83%, smaller than the maximum BRK-A drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for ONGFX and BRK-A.

Drawdown Indicators

	ONGFX	BRK-A	Difference
Max Drawdown Largest peak-to-trough decline	-40.83%	-51.47%	+10.64%
Max Drawdown (1Y) Largest decline over 1 year	-6.84%	-9.12%	+2.28%
Max Drawdown (3Y) Largest decline over 3 years	-11.34%	-14.43%	+3.09%
Max Drawdown (5Y) Largest decline over 5 years	-20.41%	-25.98%	+5.57%
Max Drawdown (10Y) Largest decline over 10 years	-25.79%	-30.43%	+4.64%
Current Drawdown Current decline from peak	0.00%	-11.82%	+11.82%
Average Drawdown Average peak-to-trough decline	-5.41%	-9.52%	+4.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	4.48%	-2.90%

Volatility

ONGFX vs. BRK-A - Volatility Comparison

The current volatility for JPMorgan Investor Growth & Income Fund (ONGFX) is 2.64%, while Berkshire Hathaway Inc. (BRK-A) has a volatility of 3.57%. This indicates that ONGFX experiences smaller price fluctuations and is considered to be less risky than BRK-A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ONGFX	BRK-A	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.64%	3.57%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	6.79%	10.40%	-3.61%
Volatility (1Y) Calculated over the trailing 1-year period	8.56%	13.87%	-5.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.13%	17.15%	-6.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.86%	18.98%	-7.12%

Dividends

ONGFX vs. BRK-A - Dividend Comparison

ONGFX's dividend yield for the trailing twelve months is around 4.65%, while BRK-A has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRK-A Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ONGFX JPMorgan Investor Growth & Income Fund	4.65%	4.92%	4.59%	3.46%	7.87%	4.45%	7.47%	7.62%	8.88%	8.74%	4.74%	5.82%

Frequently Asked Questions

Can I hold both ONGFX and BRK-A in my portfolio?

ONGFX and BRK-A have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ONGFX or BRK-A?

BRK-A has higher volatility (3.57%) compared to ONGFX (2.64%). In terms of maximum drawdown, ONGFX dropped -40.83% vs BRK-A's -51.47%.

Which has better risk-adjusted returns?

ONGFX currently has the higher Sharpe Ratio (2.14 vs -0.32), 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.