QQQ vs. BRK-B

Last updated Apr 3, 2026

Compare and contrast key facts about Invesco QQQ ETF (QQQ) and Berkshire Hathaway Inc. (BRK-B).

QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.

Performance

QQQ vs. BRK-B - Performance Comparison

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

QQQ vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QQQ Invesco QQQ ETF	-4.65%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%
BRK-B Berkshire Hathaway Inc.	-5.03%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Returns By Period

In the year-to-date period, QQQ achieves a -4.65% return, which is significantly higher than BRK-B's -5.03% return. Over the past 10 years, QQQ has outperformed BRK-B with an annualized return of 19.05%, while BRK-B has yielded a comparatively lower 12.79% annualized return.

QQQ

• 1D: 0.11%
• 1M: -2.64%
• YTD: -4.65%
• 6M: -3.18%
• 1Y: 23.45%
• 3Y*: 22.97%
• 5Y*: 13.18%
• 10Y*: 19.05%

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

QQQ vs. BRK-B — Risk / Return Rank

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

QQQ

QQQ Risk / Return Rank: 59
QQQ Sharpe Ratio Rank: 54
QQQ Sortino Ratio Rank: 59
QQQ Omega Ratio Rank: 58
QQQ Calmar Ratio Rank: 65
QQQ Martin Ratio Rank: 61

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.

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

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) 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.

	QQQ	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.04	-0.62	+1.66
Sortino ratio Return per unit of downside risk	1.62	-0.73	+2.35
Omega ratio Gain probability vs. loss probability	1.23	0.90	+0.33
Calmar ratio Return relative to maximum drawdown	1.93	-0.70	+2.63
Martin ratio Return relative to average drawdown	7.00	-1.19	+8.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQ vs. BRK-B - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 1.04, which is higher than the BRK-B Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of QQQ 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

	QQQ	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	-0.62	+1.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.76	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.66	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.48	-0.10

Correlation

The correlation between QQQ and BRK-B is 0.39, 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

QQQ vs. BRK-B - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.48%, while BRK-B has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQ Invesco QQQ ETF	0.48%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
BRK-B 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%

Drawdowns

QQQ vs. BRK-B - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.97%, 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 QQQ and BRK-B.

Drawdown Indicators

	QQQ	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-82.97%	-53.86%	-29.11%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-14.95%	+2.99%
Max Drawdown (5Y) Largest decline over 5 years	-35.12%	-26.58%	-8.54%
Max Drawdown (10Y) Largest decline over 10 years	-35.12%	-29.57%	-5.55%
Current Drawdown Current decline from peak	-7.75%	-11.57%	+3.82%
Average Drawdown Average peak-to-trough decline	-32.98%	-11.07%	-21.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	8.75%	-5.27%

Volatility

QQQ vs. BRK-B - Volatility Comparison

Invesco QQQ ETF (QQQ) has a higher volatility of 6.38% compared to Berkshire Hathaway Inc. (BRK-B) at 4.12%. This indicates that QQQ'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

	QQQ	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.38%	4.12%	+2.26%
Volatility (6M) Calculated over the trailing 6-month period	12.82%	11.11%	+1.71%
Volatility (1Y) Calculated over the trailing 1-year period	22.69%	18.30%	+4.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.37%	17.20%	+5.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.24%	19.44%	+2.80%