BRK-B,KBWP,KIE,SPY: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Tue 2020-06-30 to Tue 2025-07-01	YTD Return	TRR Price
BRK-B ×	+5.84% 2025-07-01	10.25 TRR 2025-07-01
Berkshire Hathaway Inc NYSE Common Stock
KBWP ×	+4.34% 2025-07-01	4.574 TRR 2025-07-01
Invesco KBW Property & Casualty Insurance ETF NASDAQ Exchange-Traded Fund
KIE ×	+4.18% 2025-07-01	2.941 TRR 2025-07-01
SPDR S&P Insurance ETF Exchange-Traded Fund
SPY ×	+3.88% 2025-07-01	11.21 TRR 2025-07-01
SPDR S&P 500 ETF Trust Exchange-Traded Fund

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Returns

Tue 2020-06-30 to Tue 2025-07-01	Overall Return	Exponential Trendline
BRK-B ×	+119.53% +17.02%/yr	+12.58%/yr (R2=0.812)
Berkshire Hathaway Inc NYSE Common Stock
KBWP ×	+94.38% +14.21%/yr	+10.85%/yr (R2=0.793)
Invesco KBW Property & Casualty Insurance ETF NASDAQ Exchange-Traded Fund
KIE ×	+90.97% +13.81%/yr	+10.04%/yr (R2=0.751)
SPDR S&P Insurance ETF Exchange-Traded Fund
SPY ×	+72.18% +11.47%/yr	+6.65%/yr (R2=0.472)
SPDR S&P 500 ETF Trust Exchange-Traded Fund

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Growth of $10,000

Tue 2020-06-30 to Tue 2025-07-01	Start Value	End Value
BRK-B ×	$10,000.00 2020-06-30	$21,952.65 2025-07-01
Berkshire Hathaway Inc NYSE Common Stock
KBWP ×	$10,000.00 2020-06-30	$19,438.45 2025-07-01
Invesco KBW Property & Casualty Insurance ETF NASDAQ Exchange-Traded Fund
KIE ×	$10,000.00 2020-06-30	$19,096.73 2025-07-01
SPDR S&P Insurance ETF Exchange-Traded Fund
SPY ×	$10,000.00 2020-06-30	$17,217.68 2025-07-01
SPDR S&P 500 ETF Trust Exchange-Traded Fund

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Annual Returns

Year	BRK-B	KBWP	KIE	SPY
2025 (YTD)	+5.84%	+4.34%	+4.18%	+3.88%
2024	+23.53%	+26.80%	+23.39%	+21.39%
2023	+11.72%	+3.62%	+8.54%	+22.09%
2022	−2.96%	+3.46%	−2.80%	−23.14%
2021	+20.48%	+12.68%	+14.66%	+20.26%
2020	+0.99%	−3.37%	−4.34%	+16.74%
2019	+8.45%	+25.80%	+24.36%	+28.29%
2018	+1.08%	−4.57%	−7.76%	−6.36%
2017	+19.10%	+6.60%	+10.50%	+19.19%
2016	+20.93%	+16.02%	+18.96%	+9.73%
2015	−12.70%	+13.77%	+5.18%	+0.50%
2014	+25.70%	+10.91%	+6.90%	+12.61%
2013	+30.21%	+32.18%	+43.45%	+30.35%
2012	+15.57%	+22.34%	+18.73%	+14.01%
2011	−7.51%	−3.71%	−14.64%	−1.04%
2010	+20.11%	+1.53%	+24.22%	+13.36%
2009	−0.48%	—	+24.55%	+23.01%
2008	−32.19%	—	−46.62%	−36.86%
2007	+24.10%	—	−9.43%	+1.01%
2006	+21.82%	—	+6.20%	+13.00%
2005	−3.33%	—	+0.99%	+1.35%
2004	+1.01%	—	—	+7.20%
2003	+14.05%	—	—	+25.81%
2002	−6.27%	—	—	−23.40%
2001	+5.62%	—	—	−13.10%
2000	+24.41%	—	—	−12.70%
1999	−24.16%	—	—	+17.24%
1998	+50.29%	—	—	+26.66%
1997	+36.06%	—	—	+31.24%
1996	−5.46%	—	—	+18.55%
1995	—	—	—	+34.64%
1994	—	—	—	−2.22%
1993	—	—	—	+6.30%

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Drawdowns

Tue 2020-06-30 to Tue 2025-07-01	Current Drawdown	Worst Drawdown
BRK-B ×	−9.65%	−29.08% 2022-10-12
Berkshire Hathaway Inc NYSE Common Stock
KBWP ×	−3.58%	−19.57% 2022-09-26
Invesco KBW Property & Casualty Insurance ETF NASDAQ Exchange-Traded Fund
KIE ×	−4.62%	−18.60% 2022-09-26
SPDR S&P Insurance ETF Exchange-Traded Fund
SPY ×	−0.04%	−29.17% 2022-10-12
SPDR S&P 500 ETF Trust Exchange-Traded Fund