BRKY.NEO vs. CLU.NEO
BRKY.NEO (Berkshire Hathaway Yield Shares Purpose ETF) and CLU.NEO (iShares US Fundamental Index ETF (CAD-Hedged) Common Class) are both Large Cap Blend Equities funds. BRKY.NEO is actively managed, while CLU.NEO is passively managed. Over the past 3 years, BRKY.NEO returned 14.17%/yr vs 16.95%/yr for CLU.NEO. At a 0.46 correlation, their price movements are largely independent. BRKY.NEO charges 0.40%/yr vs 0.72%/yr for CLU.NEO.
Performance
BRKY.NEO vs. CLU.NEO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BRKY.NEO achieves a -6.22% return, which is significantly lower than CLU.NEO's 8.69% return.
BRKY.NEO
- 1D
- 0.68%
- 1M
- 1.77%
- YTD
- -6.22%
- 6M
- -6.18%
- 1Y
- -4.97%
- 3Y*
- 14.17%
- 5Y*
- —
- 10Y*
- —
CLU.NEO
- 1D
- -0.17%
- 1M
- 0.97%
- YTD
- 8.69%
- 6M
- 10.24%
- 1Y
- 25.02%
- 3Y*
- 16.95%
- 5Y*
- 9.30%
- 10Y*
- 11.02%
BRKY.NEO vs. CLU.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BRKY.NEO Berkshire Hathaway Yield Shares Purpose ETF | -6.22% | 9.35% | 34.35% | 15.68% | 2.15% |
CLU.NEO iShares US Fundamental Index ETF (CAD-Hedged) Common Class | 8.69% | 15.20% | 14.82% | 13.13% | 1.86% |
Correlation
The correlation between BRKY.NEO and CLU.NEO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022 | 0.46 |
The correlation between BRKY.NEO and CLU.NEO shifts across timeframes, from 0.26 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRKY.NEO vs. CLU.NEO — Risk / Return Rank
BRKY.NEO
CLU.NEO
BRKY.NEO vs. CLU.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) and iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO). 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.
| BRKY.NEO | CLU.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -4.16 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.54 | -0.59 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 3.86 | -4.37 |
| Martin ratioReturn relative to average drawdown | -1.07 | 14.84 | -15.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BRKY.NEO | CLU.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.35 | 2.50 | -2.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.61 | +0.24 |
Drawdowns
BRKY.NEO vs. CLU.NEO - Drawdown Comparison
The maximum BRKY.NEO drawdown since its inception was -17.43%, smaller than the maximum CLU.NEO drawdown of -39.93%. Use the drawdown chart below to compare losses from any high point for BRKY.NEO and CLU.NEO.
Loading charts...
Drawdown Indicators
| BRKY.NEO | CLU.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.43% | -39.93% | +22.50% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -6.55% | -4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -17.43% | -16.57% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.93% | — |
Current DrawdownCurrent decline from peak | -15.05% | -0.70% | -14.35% |
Average DrawdownAverage peak-to-trough decline | -5.63% | -4.74% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.00% | 1.70% | +3.30% |
Volatility
BRKY.NEO vs. CLU.NEO - Volatility Comparison
Berkshire Hathaway Yield Shares Purpose ETF (BRKY.NEO) has a higher volatility of 3.54% compared to iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO) at 2.30%. This indicates that BRKY.NEO's price experiences larger fluctuations and is considered to be riskier than CLU.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BRKY.NEO | CLU.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 2.30% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 7.24% | +4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.23% | 10.11% | +5.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.77% | 14.54% | +3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.77% | 18.08% | -0.31% |
BRKY.NEO vs. CLU.NEO - Expense Ratio Comparison
BRKY.NEO has a 0.40% expense ratio, which is lower than CLU.NEO's 0.72% expense ratio.
Dividends
BRKY.NEO vs. CLU.NEO - Dividend Comparison
BRKY.NEO's dividend yield for the trailing twelve months is around 7.55%, more than CLU.NEO's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRKY.NEO Berkshire Hathaway Yield Shares Purpose ETF | 7.55% | 5.58% | 11.30% | 5.40% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CLU.NEO iShares US Fundamental Index ETF (CAD-Hedged) Common Class | 1.20% | 1.31% | 1.32% | 1.35% | 1.63% | 1.19% | 1.66% | 1.46% | 1.77% | 1.46% | 1.63% | 1.87% |
Frequently Asked Questions
BRKY.NEO and CLU.NEO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BRKY.NEO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BRKY.NEO is cheaper with a 0.40% expense ratio, compared with 0.72% for CLU.NEO.
They also come from different issuers: Purpose Investments and iShares. Their fees differ too: 0.40% for BRKY.NEO and 0.72% for CLU.NEO.
Find the right allocation for BRKY.NEO and CLU.NEO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer