CACX.L vs. BRK-B

Last updated Jun 5, 2026

CACX.L (Lyxor CAC 40 (DR) UCITS ETF - Dist) is Europe Equities fund tracking the Euronext Paris CAC 40 NR EUR, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, CACX.L returned 10.55%/yr vs 13.69%/yr for BRK-B. At a 0.35 correlation, their price movements are largely independent.

Performance

CACX.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CACX.L is traded in GBp, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CACX.L achieves a 2.53% return, which is significantly higher than BRK-B's -5.08% return. Over the past 10 years, CACX.L has underperformed BRK-B with an annualized return of 10.55%, while BRK-B has yielded a comparatively higher 13.69% annualized return.

CACX.L

• 1D: 0.84%
• 1M: 3.20%
• YTD: 2.53%
• 6M: 2.64%
• 1Y: 11.49%
• 3Y*: 7.70%
• 5Y*: 8.00%
• 10Y*: 10.55%

BRK-B

• 1D: 0.00%
• 1M: 3.02%
• YTD: -5.08%
• 6M: -6.22%
• 1Y: -2.28%
• 3Y*: 10.25%
• 5Y*: 11.38%
• 10Y*: 13.69%

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

CACX.L vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CACX.L Lyxor CAC 40 (DR) UCITS ETF - Dist	2.53%	19.60%	-4.39%	16.83%	-0.56%	22.14%	0.79%	23.85%	-7.71%	17.11%
BRK-B Berkshire Hathaway Inc.	-4.39%	2.99%	29.31%	9.69%	15.59%	30.17%	-0.64%	6.71%	9.11%	11.10%

Correlation

The correlation between CACX.L and BRK-B is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Aug 28, 2014	0.35

Over the past year, the correlation between CACX.L and BRK-B has dropped to 0.10 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.

Return for Risk

CACX.L vs. BRK-B — Risk / Return Rank

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

CACX.L

CACX.L Risk / Return Rank: 23
CACX.L Sharpe Ratio Rank: 23
CACX.L Sortino Ratio Rank: 23
CACX.L Omega Ratio Rank: 24
CACX.L Calmar Ratio Rank: 22
CACX.L Martin Ratio Rank: 23

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.

CACX.L vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) 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.

	CACX.L	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	0.79	-0.15	+0.94
Sortino ratio: Return per unit of downside risk	1.18	-0.10	+1.28
Omega ratio: Gain probability vs. loss probability	1.15	0.99	+0.17
Calmar ratio: Return relative to maximum drawdown	0.97	-0.19	+1.16
Martin ratio: Return relative to average drawdown	2.95	-0.42	+3.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CACX.L vs. BRK-B - Sharpe Ratio Comparison

The current CACX.L Sharpe Ratio is 0.79, which is higher than the BRK-B Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of CACX.L 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

	CACX.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	-0.15	+0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.68	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.69	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.59	-0.07

Drawdowns

CACX.L vs. BRK-B - Drawdown Comparison

The maximum CACX.L drawdown since its inception was -32.83%, smaller than the maximum BRK-B drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for CACX.L and BRK-B.

Drawdown Indicators

	CACX.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-32.83%	-37.92%	+5.09%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-11.88%	+0.07%
Max Drawdown (3Y) Largest decline over 3 years	-14.77%	-17.26%	+2.49%
Max Drawdown (5Y) Largest decline over 5 years	-19.36%	-20.84%	+1.48%
Max Drawdown (10Y) Largest decline over 10 years	-32.83%	-21.44%	-11.39%
Current Drawdown Current decline from peak	-3.61%	-14.52%	+10.91%
Average Drawdown Average peak-to-trough decline	-5.30%	-7.39%	+2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	5.50%	-1.61%

Volatility

CACX.L vs. BRK-B - Volatility Comparison

Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) has a higher volatility of 4.87% compared to Berkshire Hathaway Inc. (BRK-B) at 3.82%. This indicates that CACX.L'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

	CACX.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	3.82%	+1.05%
Volatility (6M) Calculated over the trailing 6-month period	11.20%	11.92%	-0.72%
Volatility (1Y) Calculated over the trailing 1-year period	14.50%	15.39%	-0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	16.89%	-0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	19.85%	-2.23%

Dividends

CACX.L vs. BRK-B - Dividend Comparison

CACX.L's dividend yield for the trailing twelve months is around 2.83%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
CACX.L Lyxor CAC 40 (DR) UCITS ETF - Dist	2.83%	2.90%	3.00%	2.78%	2.54%	1.95%	1.66%	3.03%	3.70%	2.94%	3.49%	3.46%

Frequently Asked Questions

Can I hold both CACX.L and BRK-B in my portfolio?

CACX.L and BRK-B have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.