XLCP.L vs. BRK-B
XLCP.L (Invesco Communications S&P US Select Sector UCITS ETF A) is Communications Equities fund tracking the MSCI World/Comm Services NR USD, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, XLCP.L returned 9.26%/yr vs 11.38%/yr for BRK-B. At a 0.32 correlation, their price movements are largely independent.
Performance
XLCP.L vs. BRK-B - Performance Comparison
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Different Trading Currencies
XLCP.L is traded in GBp, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XLCP.L achieves a -1.61% return, which is significantly higher than BRK-B's -5.08% return.
XLCP.L
- 1D
- 1.54%
- 1M
- -2.05%
- YTD
- -1.61%
- 6M
- -2.31%
- 1Y
- 7.51%
- 3Y*
- 19.65%
- 5Y*
- 9.26%
- 10Y*
- —
BRK-B
- 1D
- 0.00%
- 1M
- 3.02%
- YTD
- -5.08%
- 6M
- -6.22%
- 1Y
- -2.28%
- 3Y*
- 10.25%
- 5Y*
- 11.38%
- 10Y*
- 13.69%
XLCP.L vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XLCP.L Invesco Communications S&P US Select Sector UCITS ETF A | -1.61% | 11.11% | 40.05% | 43.94% | -32.63% | 15.05% | 17.17% | 27.75% | -8.58% |
BRK-B Berkshire Hathaway Inc. | -4.39% | 2.99% | 29.31% | 9.69% | 15.59% | 30.17% | -0.64% | 6.71% | -2.68% |
Correlation
The correlation between XLCP.L and BRK-B is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2018 | 0.32 |
The correlation between XLCP.L and BRK-B shifts across timeframes, from 0.18 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XLCP.L vs. BRK-B — Risk / Return Rank
XLCP.L
BRK-B
XLCP.L vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.L) 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.
| XLCP.L | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.99 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | -0.19 | +1.12 |
| Martin ratioReturn relative to average drawdown | 2.27 | -0.42 | +2.68 |
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
| XLCP.L | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | -0.15 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.68 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.59 | +0.04 |
Drawdowns
XLCP.L vs. BRK-B - Drawdown Comparison
The maximum XLCP.L drawdown since its inception was -38.47%, roughly equal to the maximum BRK-B drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for XLCP.L and BRK-B.
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Drawdown Indicators
| XLCP.L | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.47% | -37.92% | -0.55% |
Max Drawdown (1Y)Largest decline over 1 year | -8.07% | -11.88% | +3.81% |
Max Drawdown (3Y)Largest decline over 3 years | -18.92% | -17.26% | -1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -38.47% | -20.84% | -17.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.44% | — |
Current DrawdownCurrent decline from peak | -5.41% | -14.52% | +9.11% |
Average DrawdownAverage peak-to-trough decline | -8.48% | -7.39% | -1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 5.50% | -2.19% |
Volatility
XLCP.L vs. BRK-B - Volatility Comparison
Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.L) has a higher volatility of 4.51% compared to Berkshire Hathaway Inc. (BRK-B) at 3.82%. This indicates that XLCP.L'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
| XLCP.L | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 3.82% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 9.75% | 11.92% | -2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.81% | 15.39% | -2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.68% | 16.89% | +0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.59% | 19.85% | -1.26% |
Dividends
XLCP.L vs. BRK-B - Dividend Comparison
Neither XLCP.L nor BRK-B has paid dividends to shareholders.
Frequently Asked Questions
XLCP.L and BRK-B have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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