SWRD.AS vs. BRK-B
SWRD.AS (SPDR MSCI World UCITS ETF) is Global Equities fund tracking the MSCI ACWI NR USD, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, SWRD.AS returned 12.98%/yr vs 11.02%/yr for BRK-B. At a 0.36 correlation, their price movements are largely independent.
Performance
SWRD.AS vs. BRK-B - Performance Comparison
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Different Trading Currencies
SWRD.AS is traded in EUR, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SWRD.AS achieves a 11.10% return, which is significantly higher than BRK-B's -5.24% return.
SWRD.AS
- 1D
- -0.29%
- 1M
- 5.59%
- YTD
- 11.10%
- 6M
- 11.67%
- 1Y
- 23.98%
- 3Y*
- 17.79%
- 5Y*
- 12.98%
- 10Y*
- —
BRK-B
- 1D
- 0.00%
- 1M
- 1.18%
- YTD
- -5.24%
- 6M
- -6.02%
- 1Y
- -7.33%
- 3Y*
- 9.64%
- 5Y*
- 11.02%
- 10Y*
- 12.56%
SWRD.AS vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SWRD.AS SPDR MSCI World UCITS ETF | 11.10% | 7.29% | 27.33% | 20.14% | -13.35% | 32.60% | 6.05% | 15.56% |
BRK-B Berkshire Hathaway Inc. | -4.29% | -2.27% | 35.48% | 12.00% | 9.71% | 38.60% | -6.07% | 13.52% |
Correlation
The correlation between SWRD.AS 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 | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Mar 5, 2019 | 0.36 |
Over the past year, the correlation between SWRD.AS and BRK-B has dropped to 0.05 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
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Return for Risk
SWRD.AS vs. BRK-B — Risk / Return Rank
SWRD.AS
BRK-B
SWRD.AS vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SWRD.AS) 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.
| SWRD.AS | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.64 | ||
| Sortino ratioReturn per unit of downside risk | +3.59 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 0.93 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | -0.67 | +4.31 |
| Martin ratioReturn relative to average drawdown | 14.76 | -1.39 | +16.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWRD.AS | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | -0.49 | +2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.64 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.49 | +0.36 |
Drawdowns
SWRD.AS vs. BRK-B - Drawdown Comparison
The maximum SWRD.AS drawdown since its inception was -33.61%, smaller than the maximum BRK-B drawdown of -45.91%. Use the drawdown chart below to compare losses from any high point for SWRD.AS and BRK-B.
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Drawdown Indicators
| SWRD.AS | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.61% | -45.91% | +12.30% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -11.04% | +4.55% |
Max Drawdown (3Y)Largest decline over 3 years | -21.51% | -20.62% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -21.51% | -22.31% | +0.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.74% | — |
Current DrawdownCurrent decline from peak | -0.29% | -18.33% | +18.04% |
Average DrawdownAverage peak-to-trough decline | -4.42% | -9.72% | +5.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 5.55% | -3.94% |
Volatility
SWRD.AS vs. BRK-B - Volatility Comparison
The current volatility for SPDR MSCI World UCITS ETF (SWRD.AS) is 2.79%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.64%. This indicates that SWRD.AS 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.
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Volatility by Period
| SWRD.AS | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 3.64% | -0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 7.65% | 11.18% | -3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.06% | 14.99% | -3.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 17.37% | -3.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.01% | 20.09% | -4.08% |
Dividends
SWRD.AS vs. BRK-B - Dividend Comparison
Neither SWRD.AS nor BRK-B has paid dividends to shareholders.
Frequently Asked Questions
SWRD.AS 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.
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