CNNE vs. BRK-A
CNNE (Cannae Holdings, Inc.) and BRK-A (Berkshire Hathaway Inc) are both stocks. CNNE operates in Restaurants (Consumer Cyclical), while BRK-A operates in Insurance - Diversified (Financial Services). Over the past 5 years, CNNE returned -14.71%/yr vs 10.21%/yr for BRK-A. At a 0.36 correlation, their price movements are largely independent.
Performance
CNNE vs. BRK-A - Performance Comparison
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Returns By Period
In the year-to-date period, CNNE achieves a -4.95% return, which is significantly higher than BRK-A's -5.45% return.
CNNE
- 1D
- 0.07%
- 1M
- 7.97%
- YTD
- -4.95%
- 6M
- -7.36%
- 1Y
- -19.07%
- 3Y*
- -8.50%
- 5Y*
- -14.71%
- 10Y*
- —
BRK-A
- 1D
- 0.92%
- 1M
- 1.55%
- YTD
- -5.45%
- 6M
- -5.85%
- 1Y
- -4.36%
- 3Y*
- 12.37%
- 5Y*
- 10.21%
- 10Y*
- 12.93%
CNNE vs. BRK-A - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNNE Cannae Holdings, Inc. | -4.95% | -18.33% | 3.73% | -5.52% | -41.25% | -20.60% | 19.04% | 117.23% | 0.53% | -7.40% |
BRK-A Berkshire Hathaway Inc | -5.45% | 10.85% | 25.49% | 15.77% | 4.00% | 29.57% | 2.42% | 10.98% | 2.82% | 9.41% |
Correlation
The correlation between CNNE and BRK-A is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2017 | 0.36 |
The correlation between CNNE and BRK-A shifts across timeframes, from 0.18 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CNNE:
$677.48M
BRK-A:
$1539.57T
CNNE:
-$8.25
BRK-A:
$33.58
CNNE:
1.86
BRK-A:
4.10K
CNNE:
0.71
BRK-A:
2.12K
CNNE:
$416.60M
BRK-A:
$375.39B
CNNE:
$14.50M
BRK-A:
$89.84B
CNNE:
-$207.20M
BRK-A:
$71.10B
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Return for Risk
CNNE vs. BRK-A — Risk / Return Rank
CNNE
BRK-A
CNNE vs. BRK-A - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cannae Holdings, Inc. (CNNE) and Berkshire Hathaway Inc (BRK-A). 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.
| CNNE | BRK-A | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.58 | -0.32 | -0.26 |
Sortino ratioReturn per unit of downside risk | -0.61 | -0.34 | -0.27 |
Omega ratioGain probability vs. loss probability | 0.92 | 0.96 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | -0.36 | -0.48 | +0.12 |
Martin ratioReturn relative to average drawdown | -0.65 | -1.00 | +0.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CNNE | BRK-A | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | -0.32 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.42 | 0.60 | -1.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.82 | -0.87 |
Drawdowns
CNNE vs. BRK-A - Drawdown Comparison
The maximum CNNE drawdown since its inception was -75.16%, which is greater than BRK-A's maximum drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for CNNE and BRK-A.
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Drawdown Indicators
| CNNE | BRK-A | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.16% | -51.47% | -23.69% |
Max Drawdown (1Y)Largest decline over 1 year | -49.96% | -9.12% | -40.84% |
Max Drawdown (3Y)Largest decline over 3 years | -49.96% | -14.43% | -35.53% |
Max Drawdown (5Y)Largest decline over 5 years | -68.66% | -25.98% | -42.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.43% | — |
Current DrawdownCurrent decline from peak | -65.55% | -11.82% | -53.73% |
Average DrawdownAverage peak-to-trough decline | -34.68% | -9.52% | -25.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.50% | 4.48% | +23.02% |
Volatility
CNNE vs. BRK-A - Volatility Comparison
Cannae Holdings, Inc. (CNNE) has a higher volatility of 7.31% compared to Berkshire Hathaway Inc (BRK-A) at 3.57%. This indicates that CNNE's price experiences larger fluctuations and is considered to be riskier than BRK-A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNNE | BRK-A | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 3.57% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 24.86% | 10.40% | +14.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.17% | 13.87% | +19.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.78% | 17.15% | +17.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.05% | 18.98% | +17.07% |
Dividends
CNNE vs. BRK-A - Dividend Comparison
CNNE's dividend yield for the trailing twelve months is around 3.86%, while BRK-A has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BRK-A Berkshire Hathaway Inc | 0.00% | 0.00% | 0.00% |
CNNE Cannae Holdings, Inc. | 3.86% | 3.43% | 1.81% |
Financials
CNNE vs. BRK-A - Financials Comparison
This section allows you to compare key financial metrics between Cannae Holdings, Inc. and Berkshire Hathaway Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CNNE vs. BRK-A - Profitability Comparison
CNNE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cannae Holdings, Inc. reported a gross profit of 12.30M and revenue of 96.20M. Therefore, the gross margin over that period was 12.8%.
BRK-A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc reported a gross profit of 22.46B and revenue of 93.68B. Therefore, the gross margin over that period was 24.0%.
CNNE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cannae Holdings, Inc. reported an operating income of -35.80M and revenue of 96.20M, resulting in an operating margin of -37.2%.
BRK-A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc reported an operating income of 12.14B and revenue of 93.68B, resulting in an operating margin of 13.0%.
CNNE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cannae Holdings, Inc. reported a net income of -32.10M and revenue of 96.20M, resulting in a net margin of -33.4%.
BRK-A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc reported a net income of 10.11B and revenue of 93.68B, resulting in a net margin of 10.8%.
Frequently Asked Questions
CNNE and BRK-A have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNNE has higher volatility (7.31%) compared to BRK-A (3.57%). In terms of maximum drawdown, CNNE dropped -75.16% vs BRK-A's -51.47%.
BRK-A currently has the higher Sharpe Ratio (-0.32 vs -0.58), 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.
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