XCNS.TO vs. BRK-B

Last updated Apr 4, 2026

Compare and contrast key facts about iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) and Berkshire Hathaway Inc. (BRK-B).

XCNS.TO is an actively managed fund by iShares. It was launched on Aug 7, 2019.

Performance

XCNS.TO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XCNS.TO iShares Core Conservative Balanced ETF Portfolio	0.60%	9.44%	11.73%	10.66%	-11.25%	5.93%	10.28%	3.45%
BRK-B Berkshire Hathaway Inc.	-3.67%	5.81%	38.01%	12.92%	10.67%	27.79%	0.64%	12.22%

Different Trading Currencies

XCNS.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, XCNS.TO achieves a 0.60% return, which is significantly higher than BRK-B's -3.63% return.

XCNS.TO

• 1D: 0.12%
• 1M: -1.56%
• YTD: 0.60%
• 6M: 0.42%
• 1Y: 10.36%
• 3Y*: 9.30%
• 5Y*: 5.01%
• 10Y*: —

BRK-B

• 1D: 0.13%
• 1M: -0.06%
• YTD: -3.63%
• 6M: -4.43%
• 1Y: -11.05%
• 3Y*: 16.82%
• 5Y*: 15.46%
• 10Y*: 13.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

XCNS.TO vs. BRK-B — Risk / Return Rank

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

XCNS.TO

XCNS.TO Risk / Return Rank: 52
XCNS.TO Sharpe Ratio Rank: 59
XCNS.TO Sortino Ratio Rank: 54
XCNS.TO Omega Ratio Rank: 56
XCNS.TO Calmar Ratio Rank: 47
XCNS.TO Martin Ratio Rank: 46

BRK-B

BRK-B Risk / Return Rank: 15
BRK-B Sharpe Ratio Rank: 14
BRK-B Sortino Ratio Rank: 15
BRK-B Omega Ratio Rank: 14
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 16

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Core Conservative Balanced ETF Portfolio (XCNS.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.

	XCNS.TO	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.10	-0.72	+1.82
Sortino ratio Return per unit of downside risk	1.51	-0.87	+2.37
Omega ratio Gain probability vs. loss probability	1.22	0.88	+0.34
Calmar ratio Return relative to maximum drawdown	1.55	-0.74	+2.29
Martin ratio Return relative to average drawdown	5.65	-1.16	+6.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current XCNS.TO Sharpe Ratio is 1.10, which is higher than the BRK-B Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of XCNS.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.

Sharpe Ratios by Period

	XCNS.TO	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	-0.72	+1.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.96	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.79	-0.01

Correlation

The correlation between XCNS.TO and BRK-B is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XCNS.TO vs. BRK-B - Dividend Comparison

XCNS.TO's dividend yield for the trailing twelve months is around 2.62%, while BRK-B has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
XCNS.TO iShares Core Conservative Balanced ETF Portfolio	2.62%	2.55%	2.58%	2.49%	2.26%	1.81%	2.15%	0.92%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XCNS.TO vs. BRK-B - Drawdown Comparison

The maximum XCNS.TO drawdown since its inception was -16.96%, smaller than the maximum BRK-B drawdown of -22.96%. Use the drawdown chart below to compare losses from any high point for XCNS.TO and BRK-B.

Drawdown Indicators

	XCNS.TO	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-16.96%	-53.86%	+36.90%
Max Drawdown (1Y) Largest decline over 1 year	-4.86%	-14.95%	+10.09%
Max Drawdown (5Y) Largest decline over 5 years	-16.09%	-26.58%	+10.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-2.69%	-11.57%	+8.88%
Average Drawdown Average peak-to-trough decline	-3.56%	-11.07%	+7.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.54%	8.75%	-7.21%

Volatility

XCNS.TO vs. BRK-B - Volatility Comparison

The current volatility for iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) is 3.34%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.25%. This indicates that XCNS.TO 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.

Volatility by Period

	XCNS.TO	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	4.25%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	5.05%	11.81%	-6.76%
Volatility (1Y) Calculated over the trailing 1-year period	7.54%	18.36%	-10.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.72%	16.11%	-9.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.57%	18.31%	-10.74%