AWEIX vs. BRK-B

Last updated Aug 1, 2026

AWEIX (CIBC Atlas Disciplined Equity Fund) is Large Cap Blend Equities fund managed by CIBC Private Wealth Management, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, AWEIX returned 12.65%/yr vs 13.57%/yr for BRK-B. Their 0.60 correlation means they have sometimes moved together and sometimes differently.

Performance

AWEIX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CIBC Atlas Disciplined Equity Fund (AWEIX) 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, AWEIX achieves a 3.11% return, which is significantly higher than BRK-B's 1.77% return. Over the past 10 years, AWEIX has underperformed BRK-B with an annualized return of 12.65%, while BRK-B has yielded a comparatively higher 13.57% annualized return.

AWEIX

• 1D: 1.50%
• 1M: 0.26%
• 6M: 2.97%
• YTD: 3.11%
• 1Y: 10.44%
• 3Y*: 13.07%
• 5Y*: 7.60%
• 10Y*: 12.65%
• ALL TIME*: 10.14%

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)
AWEIX CIBC Atlas Disciplined Equity Fund	$0.00	$0.00	$0.00
BRK-B Berkshire Hathaway Inc.	$2.04B	$2.04B	$2.42B

AWEIX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AWEIX CIBC Atlas Disciplined Equity Fund	3.11%	11.55%	19.26%	20.74%	-18.97%	25.71%	19.27%	30.63%	0.84%	20.89%
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 AWEIX and BRK-B is 0.11, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.11
Correlation (3Y) Balances recent behavior with more history.	0.34
Correlation (5Y) Shows whether the relationship held over a longer period.	0.50
Correlation (10Y) Provides a long-term view across more market conditions.	0.59
Correlation (All Time) Calculated using the full available price history since Dec 1, 2005	0.60

Over the past year, the correlation between AWEIX and BRK-B has dropped to 0.11 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

Return for Risk

AWEIX vs. BRK-B — Risk / Return Rank

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

AWEIX

AWEIX Risk / Return Rank: 16
AWEIX Sharpe Ratio Rank: 17
AWEIX Sortino Ratio Rank: 16
AWEIX Omega Ratio Rank: 17
AWEIX Calmar Ratio Rank: 14
AWEIX Martin Ratio Rank: 18

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.

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

This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas Disciplined Equity Fund (AWEIX) 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.

	AWEIX	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	0.64	0.57	+0.07
Sortino ratio: Return per unit of downside risk	0.95	0.89	+0.06
Omega ratio: Gain probability vs. loss probability	1.12	1.11	+0.01
Calmar ratio: Return relative to maximum drawdown	0.66	0.90	-0.23
Martin ratio: Return relative to average drawdown	2.43	1.88	+0.55

AWEIX vs. BRK-B - Sharpe Ratio Comparison

The current AWEIX Sharpe Ratio is 0.64, which is comparable to the BRK-B Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of AWEIX 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

AWEIX vs. BRK-B - Drawdown Comparison

The maximum AWEIX drawdown since its inception was -51.13%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for AWEIX and BRK-B.

Drawdown Indicators

	AWEIX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-51.13%	-53.86%	+2.73%
Max Drawdown (1Y) Largest decline over 1 year	-11.93%	-9.42%	-2.51%
Max Drawdown (3Y) Largest decline over 3 years	-16.64%	-14.95%	-1.69%
Max Drawdown (5Y) Largest decline over 5 years	-24.38%	-26.58%	+2.20%
Max Drawdown (10Y) Largest decline over 10 years	-32.92%	-29.57%	-3.35%
Current Drawdown Current decline from peak	-1.42%	-5.24%	+3.82%
Average Drawdown Average peak-to-trough decline	-6.39%	-11.06%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	4.49%	-1.24%

Volatility

AWEIX vs. BRK-B - Volatility Comparison

The current volatility for CIBC Atlas Disciplined Equity Fund (AWEIX) is 3.14%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.59%. This indicates that AWEIX 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

	AWEIX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	4.59%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	11.13%	-1.38%
Volatility (1Y) Calculated over the trailing 1-year period	12.36%	14.79%	-2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.56%	17.12%	-0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.77%	19.42%	-1.65%

Dividends

AWEIX vs. BRK-B - Dividend Comparison

AWEIX's dividend yield for the trailing twelve months is around 14.11%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWEIX CIBC Atlas Disciplined Equity Fund	14.11%	14.54%	6.39%	4.72%	4.13%	7.09%	2.52%	2.08%	8.91%	2.68%	1.49%	5.46%
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 AWEIX and BRK-B in my portfolio?

AWEIX and BRK-B have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWEIX or BRK-B?

BRK-B has higher volatility (4.59%) compared to AWEIX (3.14%). In terms of maximum drawdown, AWEIX dropped -51.13% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

AWEIX currently has the higher Sharpe Ratio (0.64 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.