QQQM vs. BRK-B

Last updated Jun 6, 2026

QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, QQQM returned 16.79%/yr vs 10.78%/yr for BRK-B. At a 0.34 correlation, their price movements are largely independent.

Performance

QQQM vs. BRK-B - Performance Comparison

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

Returns By Period

In the year-to-date period, QQQM achieves a 14.96% return, which is significantly higher than BRK-B's -2.89% return.

QQQM

• 1D: -4.78%
• 1M: 1.38%
• YTD: 14.96%
• 6M: 13.04%
• 1Y: 35.13%
• 3Y*: 26.56%
• 5Y*: 16.79%
• 10Y*: —

BRK-B

• 1D: 1.98%
• 1M: 3.90%
• YTD: -2.89%
• 6M: -3.21%
• 1Y: -0.12%
• 3Y*: 13.55%
• 5Y*: 10.78%
• 10Y*: 13.19%

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

QQQM vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QQQM Invesco NASDAQ 100 ETF	14.96%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.67%
BRK-B Berkshire Hathaway Inc.	-2.89%	10.89%	27.09%	15.46%	3.31%	28.95%	9.21%

Correlation

The correlation between QQQM and BRK-B is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020	0.34

The correlation between QQQM and BRK-B shifts across timeframes, from -0.05 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

QQQM vs. BRK-B — Risk / Return Rank

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

QQQM

QQQM Risk / Return Rank: 62
QQQM Sharpe Ratio Rank: 65
QQQM Sortino Ratio Rank: 58
QQQM Omega Ratio Rank: 63
QQQM Calmar Ratio Rank: 61
QQQM Martin Ratio Rank: 63

BRK-B

BRK-B Risk / Return Rank: 38
BRK-B Sharpe Ratio Rank: 41
BRK-B Sortino Ratio Rank: 33
BRK-B Omega Ratio Rank: 32
BRK-B Calmar Ratio Rank: 41
BRK-B Martin Ratio Rank: 41

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.

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

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) 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.

	QQQM	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.12	-0.01	+2.13
Sortino ratio: Return per unit of downside risk	2.73	0.09	+2.65
Omega ratio: Gain probability vs. loss probability	1.37	1.01	+0.36
Calmar ratio: Return relative to maximum drawdown	2.95	-0.01	+2.96
Martin ratio: Return relative to average drawdown	11.24	-0.03	+11.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQM vs. BRK-B - Sharpe Ratio Comparison

The current QQQM Sharpe Ratio is 2.12, which is higher than the BRK-B Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of QQQM and BRK-B, 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

	QQQM	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	-0.01	+2.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.63	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.48	+0.31

Drawdowns

QQQM vs. BRK-B - Drawdown Comparison

The maximum QQQM drawdown since its inception was -35.04%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for QQQM and BRK-B.

Drawdown Indicators

	QQQM	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-35.04%	-53.86%	+18.82%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-9.42%	-2.54%
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	-14.95%	-7.75%
Max Drawdown (5Y) Largest decline over 5 years	-35.04%	-26.58%	-8.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-5.49%	-9.57%	+4.08%
Average Drawdown Average peak-to-trough decline	-8.24%	-11.07%	+2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	4.47%	-1.34%

Volatility

QQQM vs. BRK-B - Volatility Comparison

Invesco NASDAQ 100 ETF (QQQM) has a higher volatility of 6.68% compared to Berkshire Hathaway Inc. (BRK-B) at 4.08%. This indicates that QQQM'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

	QQQM	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	4.08%	+2.60%
Volatility (6M) Calculated over the trailing 6-month period	13.07%	10.87%	+2.20%
Volatility (1Y) Calculated over the trailing 1-year period	16.66%	14.39%	+2.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.33%	17.13%	+5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.20%	19.43%	+2.77%

Dividends

QQQM vs. BRK-B - Dividend Comparison

QQQM's dividend yield for the trailing twelve months is around 0.44%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.44%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both QQQM and BRK-B in my portfolio?

QQQM and BRK-B have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQM or BRK-B?

QQQM has higher volatility (6.68%) compared to BRK-B (4.08%). In terms of maximum drawdown, QQQM dropped -35.04% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (2.12 vs -0.01), 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.