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TEC.TO vs. BRK-B
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TEC.TO vs. BRK-B

Last updated Jun 14, 2026

TEC.TO (TD Global Technology Leaders Index ETF) is Technology Equities fund tracking the Solactive Global Technology Leaders Index (CA NTR), while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, TEC.TO returned 18.75%/yr vs 14.53%/yr for BRK-B. At a 0.27 correlation, their price movements are largely independent.

Performance

TEC.TO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Global Technology Leaders Index ETF (TEC.TO) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

TEC.TO is traded in CAD, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TEC.TO achieves a 12.77% return, which is significantly higher than BRK-B's -0.69% return.

TEC.TO

1D
0.39%
1M
-0.42%
YTD
12.77%
6M
13.20%
1Y
35.38%
3Y*
28.56%
5Y*
18.75%
10Y*
—

BRK-B

1D
0.90%
1M
3.19%
YTD
-0.69%
6M
-0.66%
1Y
3.13%
3Y*
15.00%
5Y*
14.53%
10Y*
14.20%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TEC.TO vs. BRK-B - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
TEC.TO
TD Global Technology Leaders Index ETF		12.77%15.45%45.60%53.28%-32.20%25.46%47.54%12.79%
BRK-B
Berkshire Hathaway Inc.		-0.69%5.83%37.85%12.71%9.86%28.89%-0.06%4.94%

Correlation

The correlation between TEC.TO and BRK-B is -0.04, 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

-0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.23

Correlation (All Time)
Calculated using the full available price history since May 9, 2019

0.27

The correlation between TEC.TO and BRK-B shifts across timeframes, from -0.04 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

TD Global Technology Leaders Index ETF

Berkshire Hathaway Inc.

Often compared with TEC.TO:
TEC.TO vs. QQC.TOTEC.TO vs. XQQ.TOTEC.TO vs. VFV.TOTEC.TO vs. QQQTEC.TO vs. XEQT.TOTEC.TO vs. ZQQ.TOTEC.TO vs. ZNQ.TO
Often compared with BRK-B:
BRK-B vs. SPYBRK-B vs. VOOBRK-B vs. BRK-ABRK-B vs. QQQBRK-B vs. ^NDXBRK-B vs. VTIBRK-B vs. VGT

Return for Risk

TEC.TO vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TEC.TO
TEC.TO Risk / Return Rank: 5454
Overall Rank
TEC.TO Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
TEC.TO Sortino Ratio Rank: 5959
Sortino Ratio Rank
TEC.TO Omega Ratio Rank: 6262
Omega Ratio Rank
TEC.TO Calmar Ratio Rank: 4343
Calmar Ratio Rank
TEC.TO Martin Ratio Rank: 4040
Martin Ratio Rank
BRK-B
BRK-B Risk / Return Rank: 3939
Overall Rank
BRK-B Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
BRK-B Sortino Ratio Rank: 3434
Sortino Ratio Rank
BRK-B Omega Ratio Rank: 3333
Omega Ratio Rank
BRK-B Calmar Ratio Rank: 4242
Calmar Ratio Rank
BRK-B Martin Ratio Rank: 4242
Martin Ratio Rank
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.

TEC.TO vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Global Technology Leaders Index ETF (TEC.TO) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

TEC.TOBRK-BDifference
Sharpe ratioReturn per unit of total volatility
1.88
0.13

+1.75

Sortino ratioReturn per unit of downside risk
2.43
0.28

+2.15

Omega ratioGain probability vs. loss probability

1.33

1.04

+0.29

Calmar ratioReturn relative to maximum drawdown

1.90

0.17

+1.73

Martin ratioReturn relative to average drawdown

5.59

0.36

+5.24

TEC.TO vs. BRK-B - Sharpe Ratio Comparison

The current TEC.TO Sharpe Ratio is 1.88, which is higher than the BRK-B Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of TEC.TO and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TEC.TO vs. BRK-B - Drawdown Comparison

The maximum TEC.TO drawdown since its inception was -35.31%, smaller than the maximum BRK-B drawdown of -41.13%. Use the drawdown chart below to compare losses from any high point for TEC.TO and BRK-B.

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Drawdown Indicators

TEC.TOBRK-BDifference

Max Drawdown

Largest peak-to-trough decline

-35.31%

-41.13%

+5.82%

Max Drawdown (1Y)

Largest decline over 1 year

-17.52%

-12.05%

-5.47%

Max Drawdown (3Y)

Largest decline over 3 years

-25.01%

-17.69%

-7.32%

Max Drawdown (5Y)

Largest decline over 5 years

-35.31%

-23.03%

-12.28%

Max Drawdown (10Y)

Largest decline over 10 years

—

-23.14%

—

Current Drawdown

Current decline from peak

-5.07%

-11.05%

+5.98%

Average Drawdown

Average peak-to-trough decline

-8.03%

-9.95%

+1.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.95%

5.68%

+0.27%

Volatility

TEC.TO vs. BRK-B - Volatility Comparison

TD Global Technology Leaders Index ETF (TEC.TO) has a higher volatility of 7.15% compared to Berkshire Hathaway Inc. (BRK-B) at 4.35%. This indicates that TEC.TO'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.

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Volatility by Period

TEC.TOBRK-BDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.15%

4.35%

+2.80%

Volatility (6M)

Calculated over the trailing 6-month period

14.11%

11.47%

+2.64%

Volatility (1Y)

Calculated over the trailing 1-year period

17.72%

15.33%

+2.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.45%

18.07%

+4.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.83%

20.44%

+3.39%

Dividends

TEC.TO vs. BRK-B - Dividend Comparison

TEC.TO's dividend yield for the trailing twelve months is around 0.10%, while BRK-B has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019
BRK-B
Berkshire Hathaway Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TEC.TO
TD Global Technology Leaders Index ETF		0.10%0.13%0.12%0.21%0.31%0.22%0.33%0.28%

Frequently Asked Questions

TEC.TO and BRK-B have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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