SPY vs. BRK-B
Compare and contrast key facts about SPDR S&P 500 ETF (SPY) and Berkshire Hathaway Inc. (BRK-B).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPY or BRK-B.
Key characteristics
| SPY | BRK-B | |
|---|---|---|
| YTD Return | 6.71% | 14.60% |
| 1Y Return | 24.32% | 25.36% |
| 3Y Return (Ann) | 8.27% | 14.58% |
| 5Y Return (Ann) | 13.45% | 14.07% |
| 10Y Return (Ann) | 12.53% | 12.40% |
| Sharpe Ratio | 2.08 | 2.10 |
| Daily Std Dev | 11.78% | 12.36% |
| Max Drawdown | -55.19% | -53.86% |
| Current Drawdown | -3.35% | -2.80% |
Correlation
The correlation between SPY and BRK-B is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SPY vs. BRK-B - Performance Comparison
In the year-to-date period, SPY achieves a 6.71% return, which is significantly lower than BRK-B's 14.60% return. Both investments have delivered pretty close results over the past 10 years, with SPY having a 12.53% annualized return and BRK-B not far behind at 12.40%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SPY vs. BRK-B - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ETF (SPY) 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.
Dividends
SPY vs. BRK-B - Dividend Comparison
SPY's dividend yield for the trailing twelve months is around 1.33%, while BRK-B has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY SPDR S&P 500 ETF | 1.33% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
SPY vs. BRK-B - Drawdown Comparison
The maximum SPY drawdown since its inception was -55.19%, roughly equal to the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for SPY and BRK-B. For additional features, visit the drawdowns tool.
Volatility
SPY vs. BRK-B - Volatility Comparison
SPDR S&P 500 ETF (SPY) and Berkshire Hathaway Inc. (BRK-B) have volatilities of 3.54% and 3.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.