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OTPIX vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OTPIX and BRK-B is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

OTPIX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds NASDAQ-100 Fund (OTPIX) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
402.48%
942.32%
OTPIX
BRK-B

Key characteristics

Sharpe Ratio

OTPIX:

1.43

BRK-B:

1.90

Sortino Ratio

OTPIX:

1.95

BRK-B:

2.69

Omega Ratio

OTPIX:

1.26

BRK-B:

1.34

Calmar Ratio

OTPIX:

1.88

BRK-B:

3.63

Martin Ratio

OTPIX:

6.59

BRK-B:

8.89

Ulcer Index

OTPIX:

3.92%

BRK-B:

3.10%

Daily Std Dev

OTPIX:

18.10%

BRK-B:

14.48%

Max Drawdown

OTPIX:

-72.58%

BRK-B:

-53.86%

Current Drawdown

OTPIX:

-4.49%

BRK-B:

-6.19%

Returns By Period

In the year-to-date period, OTPIX achieves a 23.83% return, which is significantly lower than BRK-B's 27.07% return. Over the past 10 years, OTPIX has outperformed BRK-B with an annualized return of 15.28%, while BRK-B has yielded a comparatively lower 11.59% annualized return.


OTPIX

YTD

23.83%

1M

2.05%

6M

6.44%

1Y

24.31%

5Y*

16.48%

10Y*

15.28%

BRK-B

YTD

27.07%

1M

-3.33%

6M

10.64%

1Y

27.25%

5Y*

14.92%

10Y*

11.59%

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Risk-Adjusted Performance

OTPIX vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds NASDAQ-100 Fund (OTPIX) 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.


Sharpe ratio
The chart of Sharpe ratio for OTPIX, currently valued at 1.43, compared to the broader market-1.000.001.002.003.004.001.431.90
The chart of Sortino ratio for OTPIX, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.001.952.69
The chart of Omega ratio for OTPIX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.003.501.261.34
The chart of Calmar ratio for OTPIX, currently valued at 1.88, compared to the broader market0.002.004.006.008.0010.0012.0014.001.883.63
The chart of Martin ratio for OTPIX, currently valued at 6.59, compared to the broader market0.0020.0040.0060.006.598.89
OTPIX
BRK-B

The current OTPIX Sharpe Ratio is 1.43, which is comparable to the BRK-B Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of OTPIX and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.43
1.90
OTPIX
BRK-B

Dividends

OTPIX vs. BRK-B - Dividend Comparison

Neither OTPIX nor BRK-B has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

OTPIX vs. BRK-B - Drawdown Comparison

The maximum OTPIX drawdown since its inception was -72.58%, 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 OTPIX and BRK-B. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.49%
-6.19%
OTPIX
BRK-B

Volatility

OTPIX vs. BRK-B - Volatility Comparison

ProFunds NASDAQ-100 Fund (OTPIX) has a higher volatility of 5.49% compared to Berkshire Hathaway Inc. (BRK-B) at 3.82%. This indicates that OTPIX'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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.49%
3.82%
OTPIX
BRK-B
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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