AVDS vs. BRK-B

Last updated Jun 5, 2026

AVDS (Avantis International Small Cap Equity ETF) is Foreign Small & Mid Cap Equities fund actively managed by Avantis, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past year, AVDS returned 32.55% vs -2.52% for BRK-B. At a 0.30 correlation, their price movements are largely independent.

Performance

AVDS vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Small Cap Equity ETF (AVDS) 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, AVDS achieves a 12.75% return, which is significantly higher than BRK-B's -4.78% return.

AVDS

• 1D: 0.65%
• 1M: 2.23%
• YTD: 12.75%
• 6M: 15.97%
• 1Y: 32.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: 0.69%
• 1M: 2.82%
• YTD: -4.78%
• 6M: -4.89%
• 1Y: -2.52%
• 3Y*: 13.36%
• 5Y*: 10.35%
• 10Y*: 12.93%

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

AVDS vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVDS Avantis International Small Cap Equity ETF	12.75%	38.18%	3.20%	3.79%
BRK-B Berkshire Hathaway Inc.	-4.78%	10.89%	27.09%	2.90%

Correlation

The correlation between AVDS and BRK-B is 0.17, 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 (All Time) Calculated using the full available price history since Jul 21, 2023	0.30

The correlation between AVDS and BRK-B shifts across timeframes, from 0.17 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AVDS vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVDS

AVDS Risk / Return Rank: 63
AVDS Sharpe Ratio Rank: 68
AVDS Sortino Ratio Rank: 67
AVDS Omega Ratio Rank: 67
AVDS Calmar Ratio Rank: 54
AVDS Martin Ratio Rank: 59

BRK-B

BRK-B Risk / Return Rank: 31
BRK-B Sharpe Ratio Rank: 34
BRK-B Sortino Ratio Rank: 28
BRK-B Omega Ratio Rank: 27
BRK-B Calmar Ratio Rank: 33
BRK-B Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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

This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Equity ETF (AVDS) 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.

	AVDS	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.20	-0.18	+2.38
Sortino ratio: Return per unit of downside risk	3.03	-0.15	+3.18
Omega ratio: Gain probability vs. loss probability	1.40	0.98	+0.41
Calmar ratio: Return relative to maximum drawdown	2.63	-0.27	+2.90
Martin ratio: Return relative to average drawdown	10.21	-0.57	+10.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVDS vs. BRK-B - Sharpe Ratio Comparison

The current AVDS Sharpe Ratio is 2.20, which is higher than the BRK-B Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of AVDS 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.

Sharpe Ratios by Period

	AVDS	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	-0.18	+2.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	0.48	+0.80

Drawdowns

AVDS vs. BRK-B - Drawdown Comparison

The maximum AVDS drawdown since its inception was -13.51%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for AVDS and BRK-B.

Drawdown Indicators

	AVDS	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-13.51%	-53.86%	+40.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.44%	-9.42%	-3.02%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-1.09%	-11.33%	+10.24%
Average Drawdown Average peak-to-trough decline	-2.83%	-11.07%	+8.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	4.46%	-1.27%

Volatility

AVDS vs. BRK-B - Volatility Comparison

Avantis International Small Cap Equity ETF (AVDS) has a higher volatility of 4.37% compared to Berkshire Hathaway Inc. (BRK-B) at 3.72%. This indicates that AVDS'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.

Volatility by Period

	AVDS	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	3.72%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	12.43%	10.70%	+1.73%
Volatility (1Y) Calculated over the trailing 1-year period	14.85%	14.32%	+0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.35%	17.11%	-1.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.35%	19.43%	-4.08%

Dividends

AVDS vs. BRK-B - Dividend Comparison

AVDS's dividend yield for the trailing twelve months is around 2.14%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
AVDS Avantis International Small Cap Equity ETF	2.14%	2.37%	3.07%	0.72%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

AVDS and BRK-B have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVDS or BRK-B?

AVDS has higher volatility (4.37%) compared to BRK-B (3.72%). In terms of maximum drawdown, AVDS dropped -13.51% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

AVDS currently has the higher Sharpe Ratio (2.20 vs -0.18), 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.