CFIPX vs. BRK-B

Last updated Jun 3, 2026

CFIPX (Franklin Global Equity Fund) is Global Equities fund managed by Franklin Templeton, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, CFIPX returned 14.06%/yr vs 12.82%/yr for BRK-B. At a 0.45 correlation, their price movements are largely independent.

Performance

CFIPX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Global Equity Fund (CFIPX) 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, CFIPX achieves a 9.68% return, which is significantly higher than BRK-B's -6.20% return. Over the past 10 years, CFIPX has outperformed BRK-B with an annualized return of 14.06%, while BRK-B has yielded a comparatively lower 12.82% annualized return.

CFIPX

• 1D: 0.16%
• 1M: 4.77%
• YTD: 9.68%
• 6M: 10.77%
• 1Y: 27.25%
• 3Y*: 23.76%
• 5Y*: 13.15%
• 10Y*: 14.06%

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)

CFIPX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CFIPX Franklin Global Equity Fund	9.68%	23.21%	24.28%	23.03%	-16.36%	24.76%	13.34%	30.63%	-12.16%	23.69%
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 CFIPX and BRK-B is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since May 10, 1996	0.45

Over the past year, the correlation between CFIPX and BRK-B has dropped to 0.15 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

Return for Risk

CFIPX vs. BRK-B — Risk / Return Rank

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

CFIPX

CFIPX Risk / Return Rank: 70
CFIPX Sharpe Ratio Rank: 68
CFIPX Sortino Ratio Rank: 65
CFIPX Omega Ratio Rank: 59
CFIPX Calmar Ratio Rank: 75
CFIPX Martin Ratio Rank: 83

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.

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

This table presents a comparison of risk-adjusted performance metrics for Franklin Global Equity Fund (CFIPX) 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.

	CFIPX	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	2.41	-0.44	+2.85
Sortino ratio Return per unit of downside risk	3.39	-0.51	+3.89
Omega ratio Gain probability vs. loss probability	1.43	0.94	+0.49
Calmar ratio Return relative to maximum drawdown	3.42	-0.68	+4.10
Martin ratio Return relative to average drawdown	15.75	-1.36	+17.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CFIPX vs. BRK-B - Sharpe Ratio Comparison

The current CFIPX Sharpe Ratio is 2.41, which is higher than the BRK-B Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of CFIPX 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

	CFIPX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	-0.44	+2.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.59	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	0.66	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.48	-0.11

Drawdowns

CFIPX vs. BRK-B - Drawdown Comparison

The maximum CFIPX drawdown since its inception was -62.70%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for CFIPX and BRK-B.

Drawdown Indicators

	CFIPX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-62.70%	-53.86%	-8.84%
Max Drawdown (1Y) Largest decline over 1 year	-8.28%	-9.42%	+1.14%
Max Drawdown (3Y) Largest decline over 3 years	-17.20%	-14.95%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	-24.44%	-26.58%	+2.14%
Max Drawdown (10Y) Largest decline over 10 years	-33.98%	-29.57%	-4.41%
Current Drawdown Current decline from peak	0.00%	-12.65%	+12.65%
Average Drawdown Average peak-to-trough decline	-16.42%	-11.07%	-5.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	4.73%	-2.93%

Volatility

CFIPX vs. BRK-B - Volatility Comparison

The current volatility for Franklin Global Equity Fund (CFIPX) is 3.01%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.79%. This indicates that CFIPX 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

	CFIPX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	3.79%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	9.10%	10.68%	-1.58%
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	14.31%	-2.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	17.11%	-0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.26%	19.43%	-2.17%

Dividends

CFIPX vs. BRK-B - Dividend Comparison

CFIPX's dividend yield for the trailing twelve months is around 5.85%, 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%
CFIPX Franklin Global Equity Fund	5.85%	6.41%	3.49%	0.99%	4.99%	8.99%	0.73%	13.31%	7.86%	0.77%	1.52%	1.01%

Frequently Asked Questions

Can I hold both CFIPX and BRK-B in my portfolio?

CFIPX and BRK-B have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CFIPX or BRK-B?

BRK-B has higher volatility (3.79%) compared to CFIPX (3.01%). In terms of maximum drawdown, CFIPX dropped -62.70% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

CFIPX currently has the higher Sharpe Ratio (2.41 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.