PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
^XLHK vs. BRK-B
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^XLHK and BRK-B is 0.12, 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.


-0.50.00.51.00.1

Performance

^XLHK vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones Hong Kong Titans 30 Index (^XLHK) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
1.96%
9.82%
^XLHK
BRK-B

Key characteristics

Sharpe Ratio

^XLHK:

0.04

BRK-B:

1.66

Sortino Ratio

^XLHK:

0.19

BRK-B:

2.37

Omega Ratio

^XLHK:

1.02

BRK-B:

1.30

Calmar Ratio

^XLHK:

0.02

BRK-B:

3.19

Martin Ratio

^XLHK:

0.08

BRK-B:

7.87

Ulcer Index

^XLHK:

9.72%

BRK-B:

3.07%

Daily Std Dev

^XLHK:

20.07%

BRK-B:

14.59%

Max Drawdown

^XLHK:

-68.02%

BRK-B:

-53.86%

Current Drawdown

^XLHK:

-44.72%

BRK-B:

-6.98%

Returns By Period

In the year-to-date period, ^XLHK achieves a -6.83% return, which is significantly lower than BRK-B's 25.99% return. Over the past 10 years, ^XLHK has underperformed BRK-B with an annualized return of -2.36%, while BRK-B has yielded a comparatively higher 11.48% annualized return.


^XLHK

YTD

-6.83%

1M

-1.83%

6M

1.48%

1Y

-4.02%

5Y*

-8.23%

10Y*

-2.36%

BRK-B

YTD

25.99%

1M

-4.16%

6M

9.82%

1Y

26.45%

5Y*

14.74%

10Y*

11.48%

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

^XLHK vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones Hong Kong Titans 30 Index (^XLHK) 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.


Sharpe ratio
The chart of Sharpe ratio for ^XLHK, currently valued at 0.07, compared to the broader market-1.000.001.002.000.071.38
The chart of Sortino ratio for ^XLHK, currently valued at 0.24, compared to the broader market-1.000.001.002.003.000.242.01
The chart of Omega ratio for ^XLHK, currently valued at 1.03, compared to the broader market0.800.901.001.101.201.301.401.031.27
The chart of Calmar ratio for ^XLHK, currently valued at 0.03, compared to the broader market0.001.002.003.004.000.032.55
The chart of Martin ratio for ^XLHK, currently valued at 0.14, compared to the broader market0.005.0010.0015.000.146.05
^XLHK
BRK-B

The current ^XLHK Sharpe Ratio is 0.04, which is lower than the BRK-B Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of ^XLHK and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.07
1.38
^XLHK
BRK-B

Drawdowns

^XLHK vs. BRK-B - Drawdown Comparison

The maximum ^XLHK drawdown since its inception was -68.02%, 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 ^XLHK and BRK-B. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-44.76%
-6.98%
^XLHK
BRK-B

Volatility

^XLHK vs. BRK-B - Volatility Comparison

Dow Jones Hong Kong Titans 30 Index (^XLHK) has a higher volatility of 4.73% compared to Berkshire Hathaway Inc. (BRK-B) at 3.30%. This indicates that ^XLHK'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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.73%
3.30%
^XLHK
BRK-B
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab