PGRO vs. BRK-B

Last updated Apr 3, 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	-8.88%	15.13%	34.01%	45.19%	-31.53%	16.67%
BRK-B Berkshire Hathaway Inc.	-5.03%	10.89%	27.09%	15.46%	3.31%	4.06%

Returns By Period

In the year-to-date period, PGRO achieves a -8.88% return, which is significantly lower than BRK-B's -5.03% return.

PGRO

• 1D: -0.26%
• 1M: -3.87%
• YTD: -8.88%
• 6M: -8.91%
• 1Y: 15.21%
• 3Y*: 21.11%
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: -0.24%
• 1M: -0.83%
• YTD: -5.03%
• 6M: -3.74%
• 1Y: -11.23%
• 3Y*: 15.44%
• 5Y*: 13.08%
• 10Y*: 12.79%

*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: 33
PGRO Sharpe Ratio Rank: 32
PGRO Sortino Ratio Rank: 36
PGRO Omega Ratio Rank: 35
PGRO Calmar Ratio Rank: 32
PGRO Martin Ratio Rank: 31

BRK-B

BRK-B Risk / Return Rank: 15
BRK-B Sharpe Ratio Rank: 14
BRK-B Sortino Ratio Rank: 15
BRK-B Omega Ratio Rank: 14
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 17

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	0.67	-0.62	+1.28
Sortino ratio Return per unit of downside risk	1.14	-0.73	+1.87
Omega ratio Gain probability vs. loss probability	1.16	0.90	+0.26
Calmar ratio Return relative to maximum drawdown	1.00	-0.70	+1.70
Martin ratio Return relative to average drawdown	3.29	-1.19	+4.49
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 0.67, which is higher than the BRK-B Sharpe Ratio of -0.62. 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	0.67	-0.62	+1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
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	-12.46%	-11.57%	-0.89%
Average Drawdown Average peak-to-trough decline	-10.54%	-11.07%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.98%	8.75%	-3.77%

Volatility

PGRO vs. BRK-B - Volatility Comparison

Putnam Focused Large Cap Growth ETF (PGRO) has a higher volatility of 6.93% compared to Berkshire Hathaway Inc. (BRK-B) at 4.12%. 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	6.93%	4.12%	+2.81%
Volatility (6M) Calculated over the trailing 6-month period	12.75%	11.11%	+1.64%
Volatility (1Y) Calculated over the trailing 1-year period	22.90%	18.30%	+4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.92%	17.20%	+4.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.92%	19.44%	+2.48%