CNNE vs. BRK-A

Last updated Apr 2, 2026

Compare and contrast key facts about Cannae Holdings, Inc. (CNNE) and Berkshire Hathaway Inc (BRK-A).

Performance

CNNE vs. BRK-A - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cannae Holdings, Inc. (CNNE) and Berkshire Hathaway Inc (BRK-A). The values are adjusted to include any dividend payments, if applicable.

CNNE vs. BRK-A - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CNNE Cannae Holdings, Inc.	-26.33%	-18.33%	3.73%	-5.52%	-41.25%	-20.60%	19.04%	117.23%	0.53%	-7.40%
BRK-A Berkshire Hathaway Inc	-5.11%	10.85%	25.49%	15.77%	4.00%	29.57%	2.42%	10.98%	2.82%	9.41%

Fundamentals

Market Cap CNNE : $551.41M BRK-A : $1.03T
EPS CNNE : -$9.41 BRK-A : $46.57K
PS Ratio CNNE : 1.47 BRK-A : 2.77
PB Ratio CNNE : 0.54 BRK-A : 1.44
Total Revenue (TTM) CNNE : $423.60M BRK-A : $371.91B
Gross Profit (TTM) CNNE : $200.00K BRK-A : $103.31B
EBITDA (TTM) CNNE : -$83.50M BRK-A : $88.90B

Returns By Period

In the year-to-date period, CNNE achieves a -26.33% return, which is significantly lower than BRK-A's -5.11% return.

CNNE

• 1D: 0.62%
• 1M: -4.54%
• YTD: -26.33%
• 6M: -35.38%
• 1Y: -36.43%
• 3Y*: -15.50%
• 5Y*: -21.06%
• 10Y*: —

BRK-A

• 1D: -0.26%
• 1M: -0.52%
• YTD: -5.11%
• 6M: -3.97%
• 1Y: -10.50%
• 3Y*: 15.44%
• 5Y*: 12.91%
• 10Y*: 12.75%

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

Return for Risk

CNNE vs. BRK-A — Risk / Return Rank

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

CNNE

CNNE Risk / Return Rank: 8
CNNE Sharpe Ratio Rank: 4
CNNE Sortino Ratio Rank: 6
CNNE Omega Ratio Rank: 6
CNNE Calmar Ratio Rank: 16
CNNE Martin Ratio Rank: 8

BRK-A

BRK-A Risk / Return Rank: 16
BRK-A Sharpe Ratio Rank: 15
BRK-A Sortino Ratio Rank: 15
BRK-A Omega Ratio Rank: 15
BRK-A Calmar Ratio Rank: 16
BRK-A Martin Ratio Rank: 18

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.

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 ratio Return per unit of total volatility	-1.04	-0.60	-0.44
Sortino ratio Return per unit of downside risk	-1.41	-0.70	-0.71
Omega ratio Gain probability vs. loss probability	0.82	0.90	-0.09
Calmar ratio Return relative to maximum drawdown	-0.71	-0.71	+0.01
Martin ratio Return relative to average drawdown	-1.53	-1.19	-0.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNNE vs. BRK-A - Sharpe Ratio Comparison

The current CNNE Sharpe Ratio is -1.04, which is lower than the BRK-A Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of CNNE and BRK-A, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CNNE	BRK-A	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.04	-0.60	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.61	0.75	-1.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.82	-0.96

Correlation

The correlation between CNNE and BRK-A is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CNNE vs. BRK-A - Dividend Comparison

CNNE's dividend yield for the trailing twelve months is around 4.98%, while BRK-A has not paid dividends to shareholders.

	TTM	2025	2024
CNNE Cannae Holdings, Inc.	4.98%	3.43%	1.81%
BRK-A Berkshire Hathaway Inc	0.00%	0.00%	0.00%

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.

Drawdown Indicators

	CNNE	BRK-A	Difference
Max Drawdown Largest peak-to-trough decline	-75.16%	-51.47%	-23.69%
Max Drawdown (1Y) Largest decline over 1 year	-49.96%	-14.43%	-35.53%
Max Drawdown (5Y) Largest decline over 5 years	-73.08%	-25.98%	-47.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.43%	—
Current Drawdown Current decline from peak	-73.30%	-11.50%	-61.80%
Average Drawdown Average peak-to-trough decline	-34.00%	-9.51%	-24.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.11%	8.66%	+14.45%

Volatility

CNNE vs. BRK-A - Volatility Comparison

Cannae Holdings, Inc. (CNNE) has a higher volatility of 13.20% compared to Berkshire Hathaway Inc (BRK-A) at 4.28%. 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.

Volatility by Period

	CNNE	BRK-A	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.20%	4.28%	+8.92%
Volatility (6M) Calculated over the trailing 6-month period	26.59%	11.04%	+15.55%
Volatility (1Y) Calculated over the trailing 1-year period	35.31%	17.63%	+17.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.71%	17.26%	+17.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.22%	18.99%	+17.23%

Financials

CNNE vs. BRK-A - Profitability Comparison

The chart below illustrates the profitability comparison between Cannae Holdings, Inc. and Berkshire Hathaway Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CNNE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cannae Holdings, Inc. reported a gross profit of 12.80M and revenue of 103.30M. Therefore, the gross margin over that period was 12.4%.

BRK-A - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Berkshire Hathaway Inc reported a gross profit of 21.68B and revenue of 94.23B. Therefore, the gross margin over that period was 23.0%.

CNNE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cannae Holdings, Inc. reported an operating income of -24.10M and revenue of 103.30M, resulting in an operating margin of -23.3%.

BRK-A - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Berkshire Hathaway Inc reported an operating income of 13.65B and revenue of 94.23B, resulting in an operating margin of 14.5%.

CNNE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cannae Holdings, Inc. reported a net income of -93.00M and revenue of 103.30M, resulting in a net margin of -90.0%.

BRK-A - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Berkshire Hathaway Inc reported a net income of 19.20B and revenue of 94.23B, resulting in a net margin of 20.4%.