ARTIX vs. BRK-B

Last updated Aug 1, 2026

ARTIX (Artisan International Fund) is Foreign Large Cap Equities fund managed by Artisan, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, ARTIX returned 10.02%/yr vs 13.57%/yr for BRK-B. Their 0.39 correlation means their historical movements had little consistent relationship.

Performance

ARTIX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan International Fund (ARTIX) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARTIX achieves a 15.07% return, which is significantly higher than BRK-B's 1.77% return. Over the past 10 years, ARTIX has underperformed BRK-B with an annualized return of 10.02%, while BRK-B has yielded a comparatively higher 13.57% annualized return.

ARTIX

• 1D: 1.72%
• 1M: -0.46%
• 6M: 5.40%
• YTD: 15.07%
• 1Y: 23.75%
• 3Y*: 21.44%
• 5Y*: 10.03%
• 10Y*: 10.02%
• ALL TIME*: 8.77%

BRK-B

• 1D: 0.36%
• 1M: 0.74%
• 6M: 6.45%
• YTD: 1.77%
• 1Y: 8.18%
• 3Y*: 13.24%
• 5Y*: 12.95%
• 10Y*: 13.57%
• ALL TIME*: 10.71%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARTIX Artisan International Fund	$0.00	$0.00	$0.00
BRK-B Berkshire Hathaway Inc.	$2.04B	$2.04B	$2.42B

ARTIX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARTIX Artisan International Fund	15.07%	36.21%	10.59%	14.27%	-19.54%	8.87%	7.58%	29.16%	-11.03%	31.03%
BRK-B Berkshire Hathaway Inc.	1.77%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between ARTIX and BRK-B is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.03
Correlation (3Y) Balances recent behavior with more history.	0.27
Correlation (5Y) Shows whether the relationship held over a longer period.	0.41
Correlation (10Y) Provides a long-term view across more market conditions.	0.46
Correlation (All Time) Calculated using the full available price history since May 22, 1996	0.39

Over the past year, the correlation between ARTIX and BRK-B has dropped to 0.03 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

ARTIX vs. BRK-B — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARTIX

ARTIX Risk / Return Rank: 60
ARTIX Sharpe Ratio Rank: 60
ARTIX Sortino Ratio Rank: 62
ARTIX Omega Ratio Rank: 60
ARTIX Calmar Ratio Rank: 71
ARTIX Martin Ratio Rank: 49

BRK-B

BRK-B Risk / Return Rank: 61
BRK-B Sharpe Ratio Rank: 65
BRK-B Sortino Ratio Rank: 56
BRK-B Omega Ratio Rank: 55
BRK-B Calmar Ratio Rank: 65
BRK-B Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARTIX vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan International Fund (ARTIX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARTIX	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.44	0.57	+0.87
Sortino ratio: Return per unit of downside risk	2.13	0.89	+1.23
Omega ratio: Gain probability vs. loss probability	1.26	1.11	+0.15
Calmar ratio: Return relative to maximum drawdown	2.26	0.90	+1.36
Martin ratio: Return relative to average drawdown	6.62	1.88	+4.74

ARTIX vs. BRK-B - Sharpe Ratio Comparison

The current ARTIX Sharpe Ratio is 1.44, which is higher than the BRK-B Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of ARTIX 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.

Drawdowns

ARTIX vs. BRK-B - Drawdown Comparison

The maximum ARTIX drawdown since its inception was -61.18%, 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 ARTIX and BRK-B.

Drawdown Indicators

	ARTIX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-61.18%	-53.86%	-7.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.78%	-9.42%	-0.36%
Max Drawdown (3Y) Largest decline over 3 years	-13.39%	-14.95%	+1.56%
Max Drawdown (5Y) Largest decline over 5 years	-33.88%	-26.58%	-7.30%
Max Drawdown (10Y) Largest decline over 10 years	-33.88%	-29.57%	-4.31%
Current Drawdown Current decline from peak	-3.94%	-5.24%	+1.30%
Average Drawdown Average peak-to-trough decline	-16.03%	-11.06%	-4.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	4.49%	-1.16%

Volatility

ARTIX vs. BRK-B - Volatility Comparison

The current volatility for Artisan International Fund (ARTIX) is 3.81%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.59%. This indicates that ARTIX 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

	ARTIX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	4.59%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	12.83%	11.13%	+1.70%
Volatility (1Y) Calculated over the trailing 1-year period	15.32%	14.79%	+0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.98%	17.12%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	19.42%	-3.29%

Dividends

ARTIX vs. BRK-B - Dividend Comparison

ARTIX's dividend yield for the trailing twelve months is around 19.57%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARTIX Artisan International Fund	19.57%	22.52%	10.24%	1.79%	2.54%	23.35%	3.23%	5.24%	9.73%	0.67%	1.17%	0.45%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARTIX and BRK-B in my portfolio?

ARTIX and BRK-B have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARTIX or BRK-B?

BRK-B has higher volatility (4.59%) compared to ARTIX (3.81%). In terms of maximum drawdown, ARTIX dropped -61.18% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

ARTIX currently has the higher Sharpe Ratio (1.44 vs 0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.