BDHIX vs. BRK-B

Last updated Jun 5, 2026

BDHIX (BlackRock Dynamic High Income Portfolio) is Diversified Portfolio fund managed by BlackRock, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, BDHIX returned 6.61%/yr vs 12.93%/yr for BRK-B. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

BDHIX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Dynamic High Income Portfolio (BDHIX) 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, BDHIX achieves a 4.52% return, which is significantly higher than BRK-B's -4.78% return. Over the past 10 years, BDHIX has underperformed BRK-B with an annualized return of 6.61%, while BRK-B has yielded a comparatively higher 12.93% annualized return.

BDHIX

• 1D: -0.44%
• 1M: 1.18%
• YTD: 4.52%
• 6M: 5.16%
• 1Y: 13.13%
• 3Y*: 12.03%
• 5Y*: 4.54%
• 10Y*: 6.61%

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)

BDHIX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BDHIX BlackRock Dynamic High Income Portfolio	4.52%	12.27%	10.76%	13.87%	-18.20%	10.44%	4.52%	20.05%	-6.91%	14.53%
BRK-B Berkshire Hathaway Inc.	-4.78%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between BDHIX and BRK-B is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015	0.56

Over the past year, the correlation between BDHIX and BRK-B has dropped to 0.27 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

Return for Risk

BDHIX vs. BRK-B — Risk / Return Rank

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

BDHIX

BDHIX Risk / Return Rank: 43
BDHIX Sharpe Ratio Rank: 42
BDHIX Sortino Ratio Rank: 45
BDHIX Omega Ratio Rank: 46
BDHIX Calmar Ratio Rank: 34
BDHIX Martin Ratio Rank: 48

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.

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

This table presents a comparison of risk-adjusted performance metrics for BlackRock Dynamic High Income Portfolio (BDHIX) 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.

	BDHIX	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.88	-0.18	+2.05
Sortino ratio: Return per unit of downside risk	2.82	-0.15	+2.97
Omega ratio: Gain probability vs. loss probability	1.37	0.98	+0.39
Calmar ratio: Return relative to maximum drawdown	2.17	-0.27	+2.43
Martin ratio: Return relative to average drawdown	9.82	-0.57	+10.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BDHIX vs. BRK-B - Sharpe Ratio Comparison

The current BDHIX Sharpe Ratio is 1.88, which is higher than the BRK-B Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of BDHIX 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

	BDHIX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	-0.18	+2.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.61	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.67	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.48	+0.16

Drawdowns

BDHIX vs. BRK-B - Drawdown Comparison

The maximum BDHIX drawdown since its inception was -29.13%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for BDHIX and BRK-B.

Drawdown Indicators

	BDHIX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-29.13%	-53.86%	+24.73%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-9.42%	+3.27%
Max Drawdown (3Y) Largest decline over 3 years	-9.43%	-14.95%	+5.52%
Max Drawdown (5Y) Largest decline over 5 years	-23.55%	-26.58%	+3.03%
Max Drawdown (10Y) Largest decline over 10 years	-29.13%	-29.57%	+0.44%
Current Drawdown Current decline from peak	-0.44%	-11.33%	+10.89%
Average Drawdown Average peak-to-trough decline	-4.78%	-11.07%	+6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	4.46%	-3.11%

Volatility

BDHIX vs. BRK-B - Volatility Comparison

The current volatility for BlackRock Dynamic High Income Portfolio (BDHIX) is 1.94%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.72%. This indicates that BDHIX 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

	BDHIX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.94%	3.72%	-1.78%
Volatility (6M) Calculated over the trailing 6-month period	5.80%	10.70%	-4.90%
Volatility (1Y) Calculated over the trailing 1-year period	7.09%	14.32%	-7.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.94%	17.11%	-8.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.18%	19.43%	-10.25%

Dividends

BDHIX vs. BRK-B - Dividend Comparison

BDHIX's dividend yield for the trailing twelve months is around 7.91%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDHIX BlackRock Dynamic High Income Portfolio	7.91%	7.54%	7.62%	5.96%	5.17%	6.58%	5.20%	5.68%	7.40%	6.14%	6.33%	7.19%
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 BDHIX and BRK-B in my portfolio?

BDHIX and BRK-B have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BDHIX or BRK-B?

BRK-B has higher volatility (3.72%) compared to BDHIX (1.94%). In terms of maximum drawdown, BDHIX dropped -29.13% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

BDHIX currently has the higher Sharpe Ratio (1.88 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.