SPY5.L vs. BRK-B

Last updated Apr 3, 2026

Compare and contrast key facts about State Street SPDR S&P 500 UCITS ETF (SPY5.L) and Berkshire Hathaway Inc. (BRK-B).

SPY5.L is a passively managed fund by State Street that tracks the performance of the S&P 500. It was launched on Aug 1, 2025.

Performance

SPY5.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR S&P 500 UCITS ETF (SPY5.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

SPY5.L vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPY5.L State Street SPDR S&P 500 UCITS ETF	-4.38%	17.43%	25.36%	26.64%	-18.68%	29.28%	17.52%	30.85%	-5.09%	22.58%
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, SPY5.L achieves a -4.38% return, which is significantly higher than BRK-B's -5.03% return. Over the past 10 years, SPY5.L has outperformed BRK-B with an annualized return of 13.99%, while BRK-B has yielded a comparatively lower 12.79% annualized return.

SPY5.L

• 1D: -0.34%
• 1M: -2.86%
• YTD: -4.38%
• 6M: -1.38%
• 1Y: 17.37%
• 3Y*: 18.32%
• 5Y*: 11.73%
• 10Y*: 13.99%

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

SPY5.L vs. BRK-B — Risk / Return Rank

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

SPY5.L

SPY5.L Risk / Return Rank: 68
SPY5.L Sharpe Ratio Rank: 58
SPY5.L Sortino Ratio Rank: 58
SPY5.L Omega Ratio Rank: 58
SPY5.L Calmar Ratio Rank: 81
SPY5.L Martin Ratio Rank: 86

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.

SPY5.L vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P 500 UCITS ETF (SPY5.L) 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.

	SPY5.L	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.10	-0.62	+1.71
Sortino ratio Return per unit of downside risk	1.60	-0.73	+2.33
Omega ratio Gain probability vs. loss probability	1.23	0.90	+0.33
Calmar ratio Return relative to maximum drawdown	2.66	-0.70	+3.35
Martin ratio Return relative to average drawdown	11.57	-1.19	+12.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPY5.L vs. BRK-B - Sharpe Ratio Comparison

The current SPY5.L Sharpe Ratio is 1.10, which is higher than the BRK-B Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of SPY5.L 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

	SPY5.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	-0.62	+1.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.76	-0.03
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	0.88	0.48	+0.40

Correlation

The correlation between SPY5.L and BRK-B is 0.37, 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

SPY5.L vs. BRK-B - Dividend Comparison

SPY5.L's dividend yield for the trailing twelve months is around 1.03%, while BRK-B has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPY5.L State Street SPDR S&P 500 UCITS ETF	1.03%	0.97%	1.06%	1.19%	1.40%	0.99%	1.28%	1.71%	2.20%	2.29%	1.64%	1.73%
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

SPY5.L vs. BRK-B - Drawdown Comparison

The maximum SPY5.L drawdown since its inception was -33.89%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for SPY5.L and BRK-B.

Drawdown Indicators

	SPY5.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-53.86%	+19.97%
Max Drawdown (1Y) Largest decline over 1 year	-8.47%	-14.95%	+6.48%
Max Drawdown (5Y) Largest decline over 5 years	-24.37%	-26.58%	+2.21%
Max Drawdown (10Y) Largest decline over 10 years	-33.89%	-29.57%	-4.32%
Current Drawdown Current decline from peak	-5.69%	-11.57%	+5.88%
Average Drawdown Average peak-to-trough decline	-3.74%	-11.07%	+7.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	8.75%	-6.87%

Volatility

SPY5.L vs. BRK-B - Volatility Comparison

State Street SPDR S&P 500 UCITS ETF (SPY5.L) has a higher volatility of 4.54% compared to Berkshire Hathaway Inc. (BRK-B) at 4.12%. This indicates that SPY5.L'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

	SPY5.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	4.12%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	8.58%	11.11%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	18.30%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	17.20%	-1.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.19%	19.44%	-3.25%