# WRB Stock vs the S&P 500: Returns, Risk and Crash History

> W. R. Berkley Corporation, financial services (market value $27.9 billion), an S&P 500 member: how it compared with the S&P 500, how it behaved in every crash since 2008, its risk‑adjusted returns and what analysts said. Returns to Oct 30, 2026; analyst data as of Nov 9, 2026.

Source: https://www.exent.ai/stocks/wrb · Reviewed by David, Senior Analyst, Exent · Published Nov 2, 2026 · Updated Nov 11, 2026

**What changed since Nov 2, 2026:** 8 new ratings

## Key takeaways

- WRB returned +136.6% over the 5 years to Oct 30, 2026 versus +75.9% for the S&P 500: it beat the index.
- Its 5-year Sharpe ratio was 0.71 against 0.58 for the S&P 500.
- Its deepest crisis drawdown was −45.4% in the covid crash (feb–mar 2020) (S&P 500: −34.1%).
- Five‑year volatility was 22.8% and beta 0.23.
- 15 analysts rated it in the past year; 14% of their latest calls were Buy.
- WRB beat earnings estimates in 9 of its last 12 reports; the stock moved 2.9% on average, up or down, around each report.

## Did WRB beat the S&P 500?

Over the 5 years to Oct 30, 2026, W. R. Berkley Corporation (WRB) returned **+136.6%** including dividends, versus **+75.9%** for the S&P 500 (SPY). It beat the index by 60.7 percentage points, or +18.8% a year against +12.0%.

| Period | WRB | S&P 500 | WRB per year | S&P 500 per year | Result |
| --- | --- | --- | --- | --- | --- |
| 1 year | +6.4% | +12.0% | +6.4% | +12.0% | Lagged |
| 3 years | +77.5% | +87.4% | +21.1% | +23.3% | Lagged |
| 5 years | +136.6% | +75.9% | +18.8% | +12.0% | Beat |
| 10 years | +444.2% | +316.3% | +18.5% | +15.3% | Beat |

Total return with dividends reinvested, from month-end prices to Oct 30, 2026. Beating the index on raw return is only half the story: the next section adjusts for the risk taken. See also [how to beat the S&P 500](https://www.exent.ai/beat-the-market).

WRB is in the [S&P 500](https://www.exent.ai/stocks/sp-500) (members as of Oct 20, 2026); the list shows every member’s return against the index.

## What Wall Street analysts say about WRB

In the 12 months to 30 days ago, 15 analysts published 186 ratings on WRB. Their latest calls were 14% Buy, 50% Hold and 36% Sell. 10 of them rank 4★ or higher in Exent’s analyst scoring, which is based on each analyst’s past price‑target hit rate and returns.

The consensus 12‑month price target was $70.56 (range $62.00–$79.00), −8.2% from the last price. Remember that the average analyst’s target is hit only about half the time: [how accurate are price targets?](https://www.exent.ai/resources/are-analyst-price-targets-accurate)

| Top‑ranked analyst covering | Firm | Stars | Price‑target hit rate |
| --- | --- | --- | --- |
| Members only | Members only | 5.0★ | 46.1% |
| Members only | Members only | 5.0★ | 55.4% |
| [Brian Meredith](https://www.exent.ai/analysts/brian-meredith) | [UBS](https://www.exent.ai/firms/ubs) | 5.0★ | 45.2% |
| [Yaron Kinar](https://www.exent.ai/analysts/yaron-kinar) | [Mizuho Securities](https://www.exent.ai/firms/mizuho-securities) | 4.9★ | 60.3% |
| [Andrew Kligerman](https://www.exent.ai/analysts/andrew-kligerman) | [TD Cowen](https://www.exent.ai/firms/td-cowen) | 4.8★ | 43.9% |

Other analysts covering WRB: [Kevin Heal](https://www.exent.ai/analysts/kevin-heal)

Ratings are shown with a 30‑day delay. Who the top‑ranked analysts on WRB are, their live calls and the median target of only the top‑rated analysts are in [Exent Gems](https://www.exent.ai/radar).

The average analyst’s target is reached about 53.1% of the time; Exent Gems is built on the top 50 of Exent’s ranking,where some reached 90% or more over the last two years. [Unlock the top 50 analysts](https://www.exent.ai/radar).

## WRB returns by year vs the S&P 500

WRB beat the S&P 500 in 5 of the 9 full calendar years shown.

| Year | WRB | S&P 500 | Difference |
| --- | --- | --- | --- |
| 2026 (to Oct 30, 2026) | +6.6% | +11.7% | −5.1% |
| 2025 | +23.0% | +17.7% | +5.3% |
| 2024 | +27.9% | +24.9% | +3.0% |
| 2023 | +0.3% | +26.2% | −25.9% |
| 2022 | +33.9% | −18.2% | +52.1% |
| 2021 | +27.4% | +28.7% | −1.3% |
| 2020 | −3.1% | +18.3% | −21.4% |
| 2019 | +43.8% | +31.2% | +12.6% |
| 2018 | +5.7% | −4.6% | +10.3% |
| 2017 | +10.3% | +21.7% | −11.4% |

## WRB risk-adjusted returns: Sharpe, Sortino and volatility

Over 5 years, WRB had a Sharpe ratio of **0.71** against 0.58 for the S&P 500, so it earned more return per unit of risk than the index. Its annualized volatility was 22.9% and its beta 0.23: it tended to move about 0.2× as much as the market.

| Metric | WRB | S&P 500 |
| --- | --- | --- |
| Annual return | +18.8% | +12.0% |
| Volatility (annualized) | 22.9% | 15.5% |
| Sharpe ratio | 0.71 | 0.58 |
| Sortino ratio | 1.22 | 0.91 |
| Max drawdown (month-end) | −26.3% | −23.9% |
| Beta to the S&P 500 | 0.23 | 1.00 |

[Sharpe](https://www.exent.ai/learn/sharpe-ratio) divides return above cash by total volatility; [Sortino](https://www.exent.ai/learn/sortino-ratio) counts only downside volatility. Both use monthly returns and the 1–3 month T‑bill ETF (BIL) as the risk‑free rate.

## How WRB behaved in past crashes

WRB’s deepest fall in the crises below was **−45.4%** in the covid crash (feb–mar 2020), against −34.1% for the S&P 500. The last column turns that into money: what a $100,000 position would have lost from peak to trough.

| Crisis | WRB | S&P 500 | Loss on $100,000 |
| --- | --- | --- | --- |
| Global financial crisis (2007–09) | −42.6% | −56.5% | −$42,650 |
| 2018 trade-war selloff | −13.0% | −20.2% | −$12,960 |
| COVID crash (Feb–Mar 2020) | −45.4% | −34.1% | −$45,440 |
| 2022 inflation bear market | −15.4% | −25.4% | −$15,440 |
| 2025 tariff selloff | −9.8% | −19.0% | −$9,810 |

| Window | WRB max drawdown |
| --- | --- |
| Last 1 year | −17.6% |
| Last 3 years | −17.6% |
| Last 5 years | −26.3% |
| Last 10 years | −45.4% |

Peak‑to‑trough declines from daily prices inside each crisis window. A crash replay does not predict the next crisis; it shows how much room a holding needs. Run the same replay on a whole portfolio with the [crash test](https://www.exent.ai/tools/crash-test).

## What moves with WRB, and what doesn’t

Correlation runs from −1 (moves opposite) to +1 (moves in lockstep). Over the last 60 months of monthly returns, WRB’s correlation with the S&P 500 was **0.15**, with the Nasdaq‑100 −0.08, with long Treasuries (TLT) 0.09 and with gold (GLD) 0.01.

Adding a 5% WRB position to an S&P 500 portfolio would have moved its 5‑year volatility from 15.5% to 14.9%.

| Least correlated large caps | Correlation | Most correlated large caps | Correlation |
| --- | --- | --- | --- |
|  | −0.22 |  | 0.68 |
|  | −0.21 |  | 0.60 |
|  | −0.21 |  | 0.59 |
|  | −0.20 |  | 0.51 |
|  | −0.20 |  | 0.49 |

Holdings that are highly correlated behave like one position in a selloff. See [how to find hidden overlap](https://www.exent.ai/resources/is-my-portfolio-diversified).

## Latest WRB upgrades, downgrades and price‑target changes

| Date | Rating and target | Analyst |
| --- | --- | --- |
| Oct 26 | Target raised Hold Target $79, was $77 | [Brian Meredith](https://www.exent.ai/analysts/brian-meredith) UBS |
| Oct 20 | Target raised Hold Target $73, was $70 | [Yaron Kinar](https://www.exent.ai/analysts/yaron-kinar) Mizuho Securities |
| Oct 20 | Target raised Sell Target $68, was $65 | [Elyse Greenspan](https://www.exent.ai/analysts/elyse-greenspan) Wells Fargo |
| Oct 19 | Target raised Hold Target $69, was $68 | [Michael Zaremski](https://www.exent.ai/analysts/michael-zaremski) BMO Capital |
| Oct 12 | Target cut Sell Target $65, was $68 | [Elyse Greenspan](https://www.exent.ai/analysts/elyse-greenspan) Wells Fargo |
| Oct 7 | Target cut Hold Target $70, was $72 | [Yaron Kinar](https://www.exent.ai/analysts/yaron-kinar) Mizuho Securities |
| Oct 6 | Target cut Sell Target $51, was $55 | [Andrew Kligerman](https://www.exent.ai/analysts/andrew-kligerman) TD Cowen |
| Oct 6 | Target cut Hold Target $70, was $75 | Bob Huang Morgan Stanley |
| Sep 15 | Target cut Hold Target $72, was $74 | [Yaron Kinar](https://www.exent.ai/analysts/yaron-kinar) Mizuho Securities |

Named analysts’ rating and price‑target changes on WRB in the 5 weeks to Oct 12, 2026, shown 30 days after publication (the free analysts’ calls 3 days after). The top‑ranked analysts’ calls are in [Exent Gems](https://www.exent.ai/radar). [See all of the latest analyst upgrades and downgrades](https://www.exent.ai/analysts/upgrades).

## Do analysts get WRB right?

Of the 252 analyst price targets on WRB set from 2019 until a year ago, **78.6%** were reached within 12 months (data to Oct 20, 2026), 10.0 points above the 68.6% hit rate of the median stock in Exent’s study of 794 stocks. Targets that were reached took a median of 94 days. The median target sat 11.5% above the share price on the day it was set.

Where analysts said WRB would be by now: a year ago, 7 analysts had a price target on WRB, and the median of their latest targets was **$73.00**. On Oct 20, 2026 WRB closed at $73.16, 0.2% above it.

- **78.6%** of targets reached within 12 months

- **94 days** median time to reach a target

- **+0.2%** price now vs the median target set a year ago

| After | Calls | Move on the call | 3 months vs S&P 500 |
| --- | --- | --- | --- |
| Upgrades of WRB | 12 | +0.9% | +3.2% |
| Upgrades, all stocks | 11,514 | +2.5% | +3.4% |
| Downgrades of WRB | 17 | −0.3% | −1.5% |
| Downgrades, all stocks | 10,700 | −3.0% | −1.6% |

The move on the call runs from the close before the rating change to the close after it; the last column is the stock’s return minus the S&P 500’s over the next three months. Averages of rating changes on WRB through Sep 15, 2026; analysts are not named here. [Do analyst upgrades move stocks?](https://www.exent.ai/resources/do-analyst-upgrades-move-stocks)

## How WRB moves after earnings

WRB beat the consensus earnings‑per‑share estimate in **9 of its last 12** quarterly reports, through the one on Oct 19, 2026, and the revenue estimate in 9 of 12. From the close before each report to the close after it, the stock moved 2.9% on average, up or down, against 6.8% for the average report across the 1,002 US stocks Exent tracks. It rose after 8 of the 12 reports. In 3 of the 9 beats the stock still fell.

- **9/12** earnings beats

- **±2.9%** average move per report

- **8/12** reports followed by a rise

| Report | EPS vs estimate | Revenue vs estimate | Stock move |
| --- | --- | --- | --- |
| Oct 19, 2026 | $1.17 vs $1.15 | −2.2% | −3.0% |
| Jul 20, 2026 | $1.27 vs $1.08 | +13.2% | +0.8% |
| Apr 21, 2026 | $1.30 vs $1.13 | −2.4% | +2.0% |
| Jan 26, 2026 | $1.13 vs $1.13 | +1.1% | +0.2% |
| Oct 20, 2025 | $1.10 vs $1.11 | +19.5% | +1.3% |
| Jul 21, 2025 | $1.05 vs $1.03 | +18.4% | −0.3% |
| Apr 21, 2025 | $1.01 vs $0.98 | +17.6% | +3.0% |
| Jan 27, 2025 | $1.13 vs $0.96 | +25.0% | +3.2% |

Reported earnings per share against the consensus estimate, revenue surprise in percent, and the stock’s price change over the two sessions around the report. [How stocks move after earnings](https://www.exent.ai/resources/how-stocks-move-after-earnings)

## Where WRB’s revenue comes from

In fiscal 2024, WRB’s largest segment was Insurance-Domestic Segment, with 86.8% of $12.9 billion revenue (+12.3% on the year before).

| Segment | Revenue | Share | Growth |
| --- | --- | --- | --- |
| Insurance-Domestic Segment | $11.2 billion | 86.8% | +12.3% |
| Reinsurance-Global Segment | $1.7 billion | 13.2% | — |

From WRB’s annual filings; segment growth compares fiscal 2024 with the year before. Regions are as each company reports them, so one company’s “Asia Pacific” is not another’s. China counts the regions a company reports as China, Greater China or Hong Kong; a separately reported Taiwan is not counted. [Which S&P 500 companies depend most on China?](https://www.exent.ai/resources/sp-500-china-revenue-exposure)

## Members of Congress who traded WRB

As of Oct 20, 2026, **5 members of Congress** had disclosed 35 trades in WRB (13 buys and 22 sales) in STOCK Act disclosures filed with the House and Senate. The latest public trade is dated Jun 5, 2026.

| Trade date | Member | Type | Amount |
| --- | --- | --- | --- |
| Jun 5, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| Jun 2, 2026 | [Ro Khanna](https://www.exent.ai/congress/ro-khanna) | Buy | $1,001–$15,000 |
| May 29, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| May 19, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| May 14, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| May 13, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| May 12, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| May 7, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| Mar 18, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| Jan 29, 2026 | [Ro Khanna](https://www.exent.ai/congress/ro-khanna) | Sale | $15,001–$50,000 |

Amounts are the ranges members report, not exact values. The STOCK Act gives members up to 45 days to disclose a trade, so trades appear weeks after they are made. [See every member’s disclosed trades](https://www.exent.ai/congress)

## Are WRB insiders buying or selling?

In the 12 months to Oct 20, 2026, WRB insiders made **no open‑market purchases** and **no sales**, according to SEC Form 4 filings. The last open‑market purchase on record was on Mar 3, 2026.

After the 53 insider purchases of $10,000 or more since 2012, WRB lagged the S&P 500 by an average of 13.5 percentage points over the next 12 months; none of them was followed by a beat. Across all 17,865 insider purchases in Exent’s study, the average was +17.2% and the median +1.0% against the index.

| Date | Insider | Role | Value |
| --- | --- | --- | --- |
| Mar 3, 2026 | Mitsui Sumitomo Insurance Co Ltd | 10 percent owner | $5.3 million |
| Mar 2, 2026 | Mitsui Sumitomo Insurance Co Ltd | 10 percent owner | $7.4 million |
| Feb 27, 2026 | Mitsui Sumitomo Insurance Co Ltd | 10 percent owner | $10.5 million |
| Feb 26, 2026 | Mitsui Sumitomo Insurance Co Ltd | 10 percent owner | $541,504 |
| Feb 25, 2026 | Mitsui Sumitomo Insurance Co Ltd | 10 percent owner | $1.0 million |

The table lists the latest open‑market purchases on record, leaving out the last 30 days. The chart counts Form 4 purchases and sales by calendar quarter. Purchases are open‑market buys; sales include planned sales under 10b5‑1 trading plans. [Do insider buys beat the market?](https://www.exent.ai/resources/do-insider-buys-beat-the-market)

## How much of WRB is sold short?

As of the Sep 30, 2026 settlement date, **5.33%** of WRB’s float was sold short: 13.1 million shares, or 2.8 days of average trading volume to cover. A year earlier (Oct 15, 2025) it was 3.98%. The median across the 997 US stocks Exent tracks was 4.77%, so WRB is more heavily shorted than most.

From FINRA short‑interest reports, filed twice a month; the bars show the short share of the float at each month‑end. Days to cover divides the shares short by the average daily volume. [The most shorted stocks](https://www.exent.ai/resources/most-shorted-stocks)

## How many institutions own WRB?

At the end of Q2 2026 (Jun 30, 2026), **961 institutions** reported holding WRB in 13F filings, up 25 from the quarter before and up from 937 a year earlier. Their reported holdings add up to 71.6% of WRB’s shares. In the quarter 460 institutions added to their positions and 328 cut them.

- **961** 13F holders

- **124** new positions

- **97** positions closed

- **71.6%** of shares held by 13F filers

Investment managers with over $100 million in US equities file 13F reports within 45 days of each quarter end, so this is the latest complete quarter. Holdings can add up to more than 100% when shares are lent and counted twice. [Which stocks institutions are buying and selling](https://www.exent.ai/resources/institutional-ownership-13f-changes)

## Is WRB diluting shareholders?

WRB’s diluted share count **fell 6.0%** over the five fiscal years to fiscal 2025 and fell 1.0% in fiscal 2025 alone. Each share now owns a larger slice of the company. The median change across the 1,005 US stocks Exent tracks was −0.1%.

WRB spent $270.2 million buying back shares, a buyback yield of 1.06% of its market value; stock pay equaled 0.0% of the buybacks.

- **−1.0%** share count, 1 year

- **−6.0%** share count, 5 years

- **0.0%** stock pay as % of revenue

- **1.06%** buyback yield

Weighted‑average diluted shares from WRB’s annual income statements; stock‑based compensation and buybacks from its cash‑flow statement. [Stock dilution and stock‑based compensation, explained](https://www.exent.ai/resources/stock-dilution-and-stock-based-compensation)

## WRB financial health scores

In Exent’s Oct 20, 2026 snapshot, WRB’s Piotroski F‑score was **8 out of 9**; 20% of scored stocks reach 8 or more. The Altman Z‑score is not meaningful for financial services companies, so it is left out.

The Altman Z‑score combines five balance‑sheet and earnings ratios into one bankruptcy‑risk score: below 1.81 is the distress zone, 1.81–2.99 grey, above 2.99 safe. It is not meaningful for banks, insurers and REITs. The Piotroski F‑score counts nine yes/no tests of profitability, leverage and efficiency; 8–9 is strong, 0–2 weak. Both come from the latest annual statements. [Which stocks have the highest bankruptcy risk?](https://www.exent.ai/resources/altman-z-score-bankruptcy-risk-stocks)

## What WRB talks about on earnings calls

On its latest earnings call (Oct 19, 2026), WRB’s executives and analysts mentioned AI **13 times**, against 6 on the call before (Jul 20, 2026). After AI, the most mentioned topic was tariffs (1).

| Mentions | Oct ’26 | Jul ’26 | Apr ’26 | Jan ’26 |
| --- | --- | --- | --- | --- |
| AI | 13 | 6 | 0 | 6 |
| AI agents | 0 | 0 | 0 | 0 |
| Data centers | 0 | 0 | 0 | 0 |
| Tariffs | 1 | 0 | 0 | 0 |
| China | 0 | 0 | 0 | 0 |
| Recession | 0 | 0 | 0 | 0 |

Word counts in the full transcript of each call, prepared remarks and Q&A, newest first. “AI” also counts generative AI and large language models; “AI agents” counts agentic AI. [Which companies talk most about AI?](https://www.exent.ai/resources/ai-mentions-on-earnings-calls)

## Which ETFs hold WRB?

As of Oct 20, 2026, **54** of the 304 ETFs Exent tracks held WRB. Its largest weight is in SDY (State Street SPDR S&P Dividend ETF), at 0.25% of the fund.

| ETF | Fund | Weight of WRB |
| --- | --- | --- |
| [SDY](https://www.exent.ai/etfs/sdy) | State Street SPDR S&P Dividend ETF | 0.25% |
| [VOE](https://www.exent.ai/etfs/voe) | Vanguard Mid-Cap Value Index Fund | 0.24% |
| [XLF](https://www.exent.ai/etfs/xlf) | State Street Financial Select Sector SPDR ETF | 0.22% |
| [RSP](https://www.exent.ai/etfs/rsp) | Invesco S&P 500 Equal Weight ETF | 0.21% |
| JQUA | JPMorgan U.S. Quality Factor ETF | 0.20% |
| [VFH](https://www.exent.ai/etfs/vfh) | Vanguard Financials Index Fund | 0.17% |
| [IWS](https://www.exent.ai/etfs/iws) | iShares Russell Mid-Cap Value ETF | 0.16% |
| [VO](https://www.exent.ai/etfs/vo) | Vanguard Mid-Cap Index Fund ETF Shares | 0.14% |

Owning several of these funds stacks the same position. [How much do VOO, QQQ and VTI overlap?](https://www.exent.ai/resources/etf-overlap-voo-qqq-vti)

## The right benchmark for WRB

Exent matches every holding to the index with the most similar risk. For WRB that is **SPY** (the S&P 500). Comparing a holding with an index that carries very different risk makes good results look bad and risky ones look clever. Read [why the S&P 500 is the wrong benchmark for most portfolios](https://www.exent.ai/resources/why-the-sp-500-is-the-wrong-benchmark).

## Other financial services stocks

| Ticker | Name | 5‑year return | Volatility (5y) |
| --- | --- | --- | --- |
|  | Berkshire Hathaway Inc. | +89.0% | 17.2% |
|  | JPMorgan Chase & Co. | +124.6% | 24.4% |
|  | Visa Inc. | +102.8% | 22.7% |
|  | Mastercard Incorporated | +95.9% | 23.9% |
|  | Bank of America Corporation | +18.3% | 26.6% |
|  | Morgan Stanley | +110.1% | 28.6% |
|  | The Goldman Sachs Group, Inc. | +144.3% | 28.6% |
|  | Wells Fargo & Company | +84.1% | 30.1% |

## Data and methodology

Returns are total returns from month‑end adjusted closing prices (dividends reinvested) through Oct 30, 2026. Crisis drawdowns and trailing maximum drawdowns use daily prices. Analyst coverage counts ratings published in the last 12 months, shown with a 30‑day delay. Full method: [Exent methodology](https://www.exent.ai/methodology).

Company data as of Oct 20, 2026. The move around an earnings report runs from the close before it to the close after it; a price target counts as hit when the stock closed at or beyond it within 12 months (Exent analyst data). Revenue by region and segment, share counts and executive pay come from company filings; insider trades from SEC Form 4, short interest from FINRA, institutional ownership from 13F filings, Congress trades from STOCK Act disclosures filed with the House and Senate, federal contracts from USAspending.gov. Filings from the last 30 days are shown as counts only.

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

## Check WRB with Exent Gems

Wall Street’s average WRB price target is 8.2% below the latest share price. See what the best‑ranked analysts on WRB say now in Exent Gems.

1. Exent ranks Wall Street analysts by their past price‑target hit rate and returns, and keeps the best‑ranked few.
2. Gems shows who the top‑ranked analysts covering WRB are, their live calls and the median target of only the top‑rated analysts.
3. Gems flags the stocks where several top‑ranked analysts agree: a starting point for your own research, not a promise.

Exent is our product: [Exent Gems](https://www.exent.ai/radar)

Also: [Stress‑test your portfolio with WRB](https://www.exent.ai/portfolio)

## Frequently asked questions

### Did WRB beat the S&P 500 over the last 10 years?

Yes. WRB returned +444.2% (+18.5% a year) over the 10 years to Oct 30, 2026, versus +316.3% (+15.3% a year) for the S&P 500, including dividends.

### Is WRB in the S&P 500?

Yes. As of Oct 20, 2026, WRB (W. R. Berkley Corporation) is one of the 503 stocks in the S&P 500.

### How much did WRB fall in the 2008 crash?

WRB fell −42.6% from peak to trough during the global financial crisis (2007–09), versus −56.5% for the S&P 500.

### How much did WRB fall in the COVID crash?

WRB fell −45.4% from peak to trough during the covid crash (feb–mar 2020), versus −34.1% for the S&P 500.

### How much did WRB fall in the 2022 bear market?

WRB fell −15.4% from peak to trough during the 2022 inflation bear market, versus −25.4% for the S&P 500.

### What is WRB’s Sharpe ratio?

Over the 5 years to Oct 30, 2026, WRB’s Sharpe ratio was 0.71 and its Sortino ratio 1.22, versus 0.58 and 0.91 for the S&P 500.

### Is WRB a volatile stock?

WRB’s 5‑year annualized volatility was 22.8%, higher than the S&P 500’s 17.0%, with a beta of 0.23.

### What is least correlated with WRB?

Among large US stocks, the lowest correlations with WRB over the last 60 months were AMZN (−0.22), AMD (−0.21), CRM (−0.21). Its correlation with long Treasuries (TLT) was 0.09 and with gold (GLD) 0.01.

### Does WRB usually beat earnings estimates?

WRB beat the consensus earnings-per-share estimate in 9 of its last 12 quarterly reports through Oct 19, 2026, and the revenue estimate in 9 of 12. The stock moved 2.9% on average, up or down, from the close before each report to the close after it.

### Have members of Congress traded WRB?

Yes. As of Oct 20, 2026, 5 members of Congress had disclosed 35 trades in WRB (13 buys and 22 sales) in STOCK Act disclosures filed with the House and Senate.

### What is WRB’s short interest?

As of the Sep 30, 2026 settlement date, 5.33% of WRB’s float was sold short (13.1 million shares, 2.8 days to cover), according to FINRA short-interest reports. A year earlier it was 3.98%.

### Is WRB diluting shareholders?

No. WRB’s diluted share count fell 6.0% over the five fiscal years to fiscal 2025 and fell 1.0% in the latest year. Stock-based compensation was 0.0% of revenue, and buybacks totaled $270.2 million.

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Educational content, not investment advice. Past performance does not guarantee future results.