PGRO vs. BRK-B

Last updated Apr 2, 2026

Compare and contrast key facts about Putnam Focused Large Cap Growth ETF (PGRO) and Berkshire Hathaway Inc. (BRK-B).

PGRO is an actively managed fund by Power Corporation of Canada. It was launched on May 25, 2021.

Performance

PGRO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Focused Large Cap Growth ETF (PGRO) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

PGRO vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PGRO Putnam Focused Large Cap Growth ETF	-8.64%	15.13%	34.01%	45.19%	-31.53%	16.67%
BRK-B Berkshire Hathaway Inc.	-4.80%	10.89%	27.09%	15.46%	3.31%	4.06%

Returns By Period

In the year-to-date period, PGRO achieves a -8.64% return, which is significantly lower than BRK-B's -4.80% return.

PGRO

• 1D: 1.24%
• 1M: -4.46%
• YTD: -8.64%
• 6M: -8.74%
• 1Y: 16.68%
• 3Y*: 21.29%
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: -0.15%
• 1M: -0.35%
• YTD: -4.80%
• 6M: -3.95%
• 1Y: -10.22%
• 3Y*: 15.72%
• 5Y*: 13.13%
• 10Y*: 12.78%

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

Return for Risk

PGRO vs. BRK-B — Risk / Return Rank

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

PGRO

PGRO Risk / Return Rank: 39
PGRO Sharpe Ratio Rank: 37
PGRO Sortino Ratio Rank: 41
PGRO Omega Ratio Rank: 41
PGRO Calmar Ratio Rank: 39
PGRO Martin Ratio Rank: 37

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 16
BRK-B Sortino Ratio Rank: 16
BRK-B Omega Ratio Rank: 16
BRK-B Calmar Ratio Rank: 17
BRK-B Martin Ratio Rank: 19

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.

PGRO vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Focused Large Cap Growth ETF (PGRO) 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.

	PGRO	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	0.73	-0.56	+1.29
Sortino ratio Return per unit of downside risk	1.23	-0.65	+1.87
Omega ratio Gain probability vs. loss probability	1.17	0.91	+0.26
Calmar ratio Return relative to maximum drawdown	1.09	-0.68	+1.77
Martin ratio Return relative to average drawdown	3.64	-1.16	+4.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGRO vs. BRK-B - Sharpe Ratio Comparison

The current PGRO Sharpe Ratio is 0.73, which is higher than the BRK-B Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of PGRO 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.

Sharpe Ratios by Period

	PGRO	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	-0.56	+1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.48	+0.01

Correlation

The correlation between PGRO and BRK-B is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PGRO vs. BRK-B - Dividend Comparison

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

	TTM	2025	2024	2023	2022
PGRO Putnam Focused Large Cap Growth ETF	0.02%	0.02%	0.08%	0.19%	0.12%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PGRO vs. BRK-B - Drawdown Comparison

The maximum PGRO drawdown since its inception was -34.73%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for PGRO and BRK-B.

Drawdown Indicators

	PGRO	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-34.73%	-53.86%	+19.13%
Max Drawdown (1Y) Largest decline over 1 year	-16.34%	-14.95%	-1.39%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-12.23%	-11.36%	-0.87%
Average Drawdown Average peak-to-trough decline	-10.54%	-11.07%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	8.72%	-3.81%

Volatility

PGRO vs. BRK-B - Volatility Comparison

Putnam Focused Large Cap Growth ETF (PGRO) has a higher volatility of 7.04% compared to Berkshire Hathaway Inc. (BRK-B) at 4.33%. This indicates that PGRO'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.

Volatility by Period

	PGRO	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.04%	4.33%	+2.71%
Volatility (6M) Calculated over the trailing 6-month period	12.77%	11.14%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	22.92%	18.30%	+4.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.93%	17.20%	+4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.93%	19.45%	+2.48%