TBG vs. BRK-B
TBG (TBG Dividend Focus ETF) is Large Cap Value Equities fund actively managed by EA Series Trust, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past year, TBG returned 20.60% vs -2.52% for BRK-B. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
TBG vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, TBG achieves a 11.74% return, which is significantly higher than BRK-B's -4.78% return.
TBG
- 1D
- 1.20%
- 1M
- 2.60%
- YTD
- 11.74%
- 6M
- 11.43%
- 1Y
- 20.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- 0.69%
- 1M
- 2.82%
- YTD
- -4.78%
- 6M
- -4.89%
- 1Y
- -2.52%
- 3Y*
- 13.36%
- 5Y*
- 10.35%
- 10Y*
- 12.93%
TBG vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TBG TBG Dividend Focus ETF | 11.74% | 7.50% | 20.58% | 9.66% |
BRK-B Berkshire Hathaway Inc. | -4.78% | 10.89% | 27.09% | 3.03% |
Correlation
The correlation between TBG and BRK-B is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2023 | 0.52 |
The correlation between TBG and BRK-B shifts across timeframes, from 0.42 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TBG vs. BRK-B — Risk / Return Rank
TBG
BRK-B
TBG vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TBG Dividend Focus ETF (TBG) 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.
| TBG | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.34 | ||
| Sortino ratioReturn per unit of downside risk | +3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.98 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | -0.27 | +3.64 |
| Martin ratioReturn relative to average drawdown | 10.43 | -0.57 | +11.00 |
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
| TBG | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | -0.18 | +2.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.62 | 0.48 | +1.15 |
Drawdowns
TBG vs. BRK-B - Drawdown Comparison
The maximum TBG drawdown since its inception was -14.76%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for TBG and BRK-B.
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Drawdown Indicators
| TBG | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.76% | -53.86% | +39.10% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -9.42% | +3.29% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -0.49% | -11.33% | +10.84% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -11.07% | +8.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 4.46% | -2.48% |
Volatility
TBG vs. BRK-B - Volatility Comparison
The current volatility for TBG Dividend Focus ETF (TBG) is 2.83%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.72%. This indicates that TBG 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
| TBG | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 3.72% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 6.72% | 10.70% | -3.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.59% | 14.32% | -4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.23% | 17.11% | -4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 19.43% | -7.20% |
Dividends
TBG vs. BRK-B - Dividend Comparison
TBG's dividend yield for the trailing twelve months is around 2.66%, while BRK-B has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
TBG TBG Dividend Focus ETF | 2.66% | 2.80% | 2.33% | 0.48% |
Frequently Asked Questions
TBG and BRK-B have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRK-B has higher volatility (3.72%) compared to TBG (2.83%). In terms of maximum drawdown, TBG dropped -14.76% vs BRK-B's -53.86%.
TBG currently has the higher Sharpe Ratio (2.16 vs -0.18), 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.
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