AWEIX vs. BRK-B

Last updated Jun 3, 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 13.18%/yr vs 12.82%/yr for BRK-B. A 0.60 correlation means they provide meaningful diversification when combined.

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 4.36% return, which is significantly higher than BRK-B's -6.20% return. Both investments have delivered pretty close results over the past 10 years, with AWEIX having a 13.18% annualized return and BRK-B not far behind at 12.82%.

AWEIX

• 1D: 0.06%
• 1M: 3.30%
• YTD: 4.36%
• 6M: 4.64%
• 1Y: 17.51%
• 3Y*: 15.72%
• 5Y*: 9.06%
• 10Y*: 13.18%

BRK-B

• 1D: 0.26%
• 1M: -0.32%
• YTD: -6.20%
• 6M: -6.94%
• 1Y: -6.23%
• 3Y*: 12.69%
• 5Y*: 10.06%
• 10Y*: 12.82%

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

AWEIX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AWEIX CIBC Atlas Disciplined Equity Fund	4.36%	11.55%	19.26%	20.74%	-18.97%	25.71%	19.27%	30.63%	0.84%	20.89%
BRK-B Berkshire Hathaway Inc.	-6.20%	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 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Dec 2, 2005	0.60

Over the past year, the correlation between AWEIX and BRK-B has dropped to 0.17 - 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 risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWEIX

AWEIX Risk / Return Rank: 23
AWEIX Sharpe Ratio Rank: 28
AWEIX Sortino Ratio Rank: 25
AWEIX Omega Ratio Rank: 27
AWEIX Calmar Ratio Rank: 16
AWEIX Martin Ratio Rank: 21

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 21
BRK-B Sortino Ratio Rank: 19
BRK-B Omega Ratio Rank: 19
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 8

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.

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.

	AWEIX	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.54	-0.44	+1.98
Sortino ratio Return per unit of downside risk	2.14	-0.51	+2.65
Omega ratio Gain probability vs. loss probability	1.28	0.94	+0.34
Calmar ratio Return relative to maximum drawdown	1.49	-0.68	+2.17
Martin ratio Return relative to average drawdown	5.66	-1.36	+7.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWEIX vs. BRK-B - Sharpe Ratio Comparison

The current AWEIX Sharpe Ratio is 1.54, which is higher than the BRK-B Sharpe Ratio of -0.44. 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.

Sharpe Ratios by Period

	AWEIX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	-0.44	+1.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.59	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.66	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.48	+0.07

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	0.00%	-12.65%	+12.65%
Average Drawdown Average peak-to-trough decline	-6.43%	-11.07%	+4.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	4.73%	-1.59%

Volatility

AWEIX vs. BRK-B - Volatility Comparison

The current volatility for CIBC Atlas Disciplined Equity Fund (AWEIX) is 2.81%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.79%. 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	2.81%	3.79%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	10.68%	-1.87%
Volatility (1Y) Calculated over the trailing 1-year period	11.54%	14.31%	-2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.47%	17.11%	-0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.78%	19.43%	-1.65%

Dividends

AWEIX vs. BRK-B - Dividend Comparison

AWEIX's dividend yield for the trailing twelve months is around 13.94%, 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	13.94%	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 0.17, 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 (3.79%) compared to AWEIX (2.81%). 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 (1.54 vs -0.44), 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.