UYG vs. BRK-B
UYG (ProShares Ultra Financials) is Leveraged Equities fund tracking the Dow Jones U.S. Financials Index (200%), while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, UYG returned 18.08%/yr vs 13.06%/yr for BRK-B. A 0.71 correlation means they provide meaningful diversification when combined.
Performance
UYG vs. BRK-B - Performance Comparison
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Returns By Period
In the year-to-date period, UYG achieves a 0.68% return, which is significantly higher than BRK-B's -1.78% return. Over the past 10 years, UYG has outperformed BRK-B with an annualized return of 18.08%, while BRK-B has yielded a comparatively lower 13.06% annualized return.
UYG
- 1D
- 0.62%
- 1M
- 9.25%
- 6M
- -2.46%
- YTD
- 0.68%
- 1Y
- 8.77%
- 3Y*
- 30.65%
- 5Y*
- 13.05%
- 10Y*
- 18.08%
BRK-B
- 1D
- -0.35%
- 1M
- 0.91%
- 6M
- -1.08%
- YTD
- -1.78%
- 1Y
- 3.75%
- 3Y*
- 12.87%
- 5Y*
- 11.97%
- 10Y*
- 13.06%
UYG vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UYG ProShares Ultra Financials | 0.68% | 19.77% | 55.71% | 22.14% | -32.11% | 76.26% | -20.32% | 66.15% | -22.61% | 39.28% |
BRK-B Berkshire Hathaway Inc. | -1.78% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between UYG and BRK-B is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007 | 0.71 |
Over the past year, the correlation between UYG and BRK-B has dropped to 0.49 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
UYG vs. BRK-B — Risk / Return Rank
UYG
BRK-B
UYG vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Financials (UYG) 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.
| UYG | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 0.34 | -0.12 |
| Martin ratioReturn relative to average drawdown | 0.52 | 0.73 | -0.21 |
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Drawdowns
UYG vs. BRK-B - Drawdown Comparison
The maximum UYG drawdown since its inception was -97.90%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for UYG and BRK-B.
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Drawdown Indicators
| UYG | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.90% | -53.86% | -44.04% |
Max Drawdown (1Y)Largest decline over 1 year | -28.91% | -9.42% | -19.49% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -14.95% | -15.40% |
Max Drawdown (5Y)Largest decline over 5 years | -47.77% | -26.58% | -21.19% |
Max Drawdown (10Y)Largest decline over 10 years | -69.98% | -29.57% | -40.41% |
Current DrawdownCurrent decline from peak | -4.92% | -8.54% | +3.62% |
Average DrawdownAverage peak-to-trough decline | -63.09% | -11.06% | -52.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.39% | 4.45% | +7.94% |
Volatility
UYG vs. BRK-B - Volatility Comparison
ProShares Ultra Financials (UYG) has a higher volatility of 8.51% compared to Berkshire Hathaway Inc. (BRK-B) at 4.46%. This indicates that UYG'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
| UYG | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 4.46% | +4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 22.82% | 10.98% | +11.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.46% | 14.51% | +14.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.15% | 17.10% | +19.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.88% | 19.39% | +21.49% |
Dividends
UYG vs. BRK-B - Dividend Comparison
UYG's dividend yield for the trailing twelve months is around 11.59%, while BRK-B has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
UYG ProShares Ultra Financials | 11.59% | 11.72% | 0.51% | 0.79% | 0.77% | 9.39% | 0.66% | 0.90% | 1.28% | 0.56% | 0.76% | 0.72% |
Frequently Asked Questions
UYG and BRK-B have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UYG has higher volatility (8.51%) compared to BRK-B (4.46%). In terms of maximum drawdown, UYG dropped -97.90% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (0.22 vs 0.22), 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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