VEE.TO vs. BRK-B

Last updated Jun 13, 2026

VEE.TO (Vanguard FTSE Emerging Markets All Cap Index ETF) is Emerging Markets Equities fund tracking the FTSE Emerging Markets All Cap China A Inclusion Index, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, VEE.TO returned 9.34%/yr vs 14.20%/yr for BRK-B. At a 0.34 correlation, their price movements are largely independent.

Performance

VEE.TO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VEE.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, VEE.TO achieves a 12.66% return, which is significantly higher than BRK-B's -0.69% return. Over the past 10 years, VEE.TO has underperformed BRK-B with an annualized return of 9.34%, while BRK-B has yielded a comparatively higher 14.20% annualized return.

VEE.TO

• 1D: 0.97%
• 1M: 1.13%
• YTD: 12.66%
• 6M: 13.92%
• 1Y: 29.56%
• 3Y*: 17.76%
• 5Y*: 7.31%
• 10Y*: 9.34%

BRK-B

• 1D: 0.90%
• 1M: 3.05%
• 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)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VEE.TO Vanguard FTSE Emerging Markets All Cap Index ETF	12.66%	19.32%	19.06%	6.24%	-12.79%	0.06%	12.32%	14.32%	-7.93%	22.60%
BRK-B Berkshire Hathaway Inc.	-0.69%	5.83%	37.85%	12.71%	9.86%	28.89%	-0.06%	6.36%	11.67%	13.39%

Correlation

The correlation between VEE.TO and BRK-B is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Dec 6, 2011	0.34

The correlation between VEE.TO and BRK-B shifts across timeframes, from -0.02 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VEE.TO vs. BRK-B — Risk / Return Rank

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

VEE.TO

VEE.TO Risk / Return Rank: 59
VEE.TO Sharpe Ratio Rank: 59
VEE.TO Sortino Ratio Rank: 59
VEE.TO Omega Ratio Rank: 62
VEE.TO Calmar Ratio Rank: 58
VEE.TO Martin Ratio Rank: 59

BRK-B

BRK-B Risk / Return Rank: 39
BRK-B Sharpe Ratio Rank: 42
BRK-B Sortino Ratio Rank: 34
BRK-B Omega Ratio Rank: 33
BRK-B Calmar Ratio Rank: 42
BRK-B Martin Ratio Rank: 42

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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.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.

	VEE.TO	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.72	0.13	+1.59
Sortino ratio: Return per unit of downside risk	2.41	0.28	+2.13
Omega ratio: Gain probability vs. loss probability	1.33	1.04	+0.29
Calmar ratio: Return relative to maximum drawdown	2.56	0.17	+2.39
Martin ratio: Return relative to average drawdown	9.14	0.36	+8.79

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

The current VEE.TO Sharpe Ratio is 1.72, which is higher than the BRK-B Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of VEE.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.

Drawdowns

VEE.TO vs. BRK-B - Drawdown Comparison

The maximum VEE.TO drawdown since its inception was -29.84%, smaller than the maximum BRK-B drawdown of -41.13%. Use the drawdown chart below to compare losses from any high point for VEE.TO and BRK-B.

Drawdown Indicators

	VEE.TO	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-29.84%	-41.13%	+11.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.74%	-12.05%	+1.31%
Max Drawdown (3Y) Largest decline over 3 years	-14.97%	-17.69%	+2.72%
Max Drawdown (5Y) Largest decline over 5 years	-26.10%	-23.03%	-3.07%
Max Drawdown (10Y) Largest decline over 10 years	-29.84%	-23.14%	-6.70%
Current Drawdown Current decline from peak	-1.67%	-11.05%	+9.38%
Average Drawdown Average peak-to-trough decline	-8.72%	-9.95%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	5.68%	-2.67%

Volatility

VEE.TO vs. BRK-B - Volatility Comparison

Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO) has a higher volatility of 6.96% compared to Berkshire Hathaway Inc. (BRK-B) at 4.35%. This indicates that VEE.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.

Volatility by Period

	VEE.TO	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	4.35%	+2.61%
Volatility (6M) Calculated over the trailing 6-month period	13.66%	11.47%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	15.33%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.42%	18.07%	-2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.01%	20.44%	-3.43%

Dividends

VEE.TO vs. BRK-B - Dividend Comparison

VEE.TO's dividend yield for the trailing twelve months is around 1.93%, 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%
VEE.TO Vanguard FTSE Emerging Markets All Cap Index ETF	1.93%	2.26%	2.45%	2.83%	3.35%	2.18%	1.62%	2.71%	2.24%	1.93%	2.01%	2.53%

Frequently Asked Questions

Can I hold both VEE.TO and BRK-B in my portfolio?

VEE.TO and BRK-B have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.