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

Correlation

The correlation between SPXB and BRK-B is 0.04, 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.


-0.50.00.51.00.0

Performance

SPXB vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P 500 Bond ETF (SPXB) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
10.58%
133.07%
SPXB
BRK-B

Key characteristics

Returns By Period


SPXB

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

BRK-B

YTD

25.21%

1M

-5.42%

6M

9.47%

1Y

23.44%

5Y*

14.61%

10Y*

11.44%

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Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Bond ETF (SPXB) 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 SPXB, currently valued at -0.74, compared to the broader market0.002.004.00-0.751.66
The chart of Sortino ratio for SPXB, currently valued at -0.91, compared to the broader market-2.000.002.004.006.008.0010.00-0.912.36
The chart of Omega ratio for SPXB, currently valued at 0.81, compared to the broader market0.501.001.502.002.503.000.811.30
The chart of Calmar ratio for SPXB, currently valued at -0.19, compared to the broader market0.005.0010.0015.00-0.193.19
The chart of Martin ratio for SPXB, currently valued at -0.82, compared to the broader market0.0020.0040.0060.0080.00100.00-0.827.92
SPXB
BRK-B


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.75
1.66
SPXB
BRK-B

Dividends

SPXB vs. BRK-B - Dividend Comparison

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


TTM202320222021202020192018
SPXB
ProShares S&P 500 Bond ETF
1.62%4.05%3.14%2.00%2.64%3.48%2.52%
BRK-B
Berkshire Hathaway Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SPXB vs. BRK-B - Drawdown Comparison


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.08%
-7.55%
SPXB
BRK-B

Volatility

SPXB vs. BRK-B - Volatility Comparison

The current volatility for ProShares S&P 500 Bond ETF (SPXB) is 0.00%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.61%. This indicates that SPXB experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember0
3.61%
SPXB
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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