DJCO vs. BRK-B

Last updated Jun 3, 2026

DJCO (Daily Journal Corporation) and BRK-B (Berkshire Hathaway Inc.) are both stocks. DJCO operates in Publishing (Communication Services), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, DJCO returned 10.37%/yr vs 12.82%/yr for BRK-B. At a 0.16 correlation, their price movements are largely independent.

Performance

DJCO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Daily Journal Corporation (DJCO) 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, DJCO achieves a 8.14% return, which is significantly higher than BRK-B's -6.20% return. Over the past 10 years, DJCO has underperformed BRK-B with an annualized return of 10.37%, while BRK-B has yielded a comparatively higher 12.82% annualized return.

DJCO

• 1D: -0.02%
• 1M: 2.31%
• YTD: 8.14%
• 6M: 9.37%
• 1Y: 27.56%
• 3Y*: 22.13%
• 5Y*: 8.80%
• 10Y*: 10.37%

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)

DJCO vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DJCO Daily Journal Corporation	8.14%	-14.20%	66.65%	36.05%	-29.78%	-11.70%	39.11%	24.11%	1.64%	-4.79%
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 DJCO and BRK-B is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since May 10, 1996	0.16

The correlation between DJCO and BRK-B shifts across timeframes, from 0.07 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap DJCO : $726.05M BRK-B : $1.02T
EPS DJCO : $10.13 BRK-B : $33.62
PE Ratio DJCO : 52.02 BRK-B : 14.03
PEG Ratio DJCO : 0.07 BRK-B : 0.54
PS Ratio DJCO : 7.72 BRK-B : 2.71
PB Ratio DJCO : 2.08 BRK-B : 1.40
Total Revenue (TTM) DJCO : $94.08M BRK-B : $375.39B
Gross Profit (TTM) DJCO : $39.14M BRK-B : $94.36B
EBITDA (TTM) DJCO : $78.21M BRK-B : $71.92B

Return for Risk

DJCO vs. BRK-B — Risk / Return Rank

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

DJCO

DJCO Risk / Return Rank: 56
DJCO Sharpe Ratio Rank: 58
DJCO Sortino Ratio Rank: 53
DJCO Omega Ratio Rank: 55
DJCO Calmar Ratio Rank: 58
DJCO Martin Ratio Rank: 57

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.

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

This table presents a comparison of risk-adjusted performance metrics for Daily Journal Corporation (DJCO) 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.

	DJCO	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	0.54	-0.44	+0.98
Sortino ratio Return per unit of downside risk	1.01	-0.51	+1.51
Omega ratio Gain probability vs. loss probability	1.14	0.94	+0.20
Calmar ratio Return relative to maximum drawdown	0.82	-0.68	+1.51
Martin ratio Return relative to average drawdown	1.61	-1.36	+2.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJCO vs. BRK-B - Sharpe Ratio Comparison

The current DJCO Sharpe Ratio is 0.54, which is higher than the BRK-B Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of DJCO 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

	DJCO	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	-0.44	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.59	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.66	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.48	-0.16

Drawdowns

DJCO vs. BRK-B - Drawdown Comparison

The maximum DJCO drawdown since its inception was -53.80%, roughly equal to the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for DJCO and BRK-B.

Drawdown Indicators

	DJCO	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-53.80%	-53.86%	+0.06%
Max Drawdown (1Y) Largest decline over 1 year	-30.41%	-9.42%	-20.99%
Max Drawdown (3Y) Largest decline over 3 years	-38.01%	-14.95%	-23.06%
Max Drawdown (5Y) Largest decline over 5 years	-40.55%	-26.58%	-13.97%
Max Drawdown (10Y) Largest decline over 10 years	-41.58%	-29.57%	-12.01%
Current Drawdown Current decline from peak	-20.72%	-12.65%	-8.07%
Average Drawdown Average peak-to-trough decline	-19.04%	-11.07%	-7.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.57%	4.73%	+10.84%

Volatility

DJCO vs. BRK-B - Volatility Comparison

Daily Journal Corporation (DJCO) has a higher volatility of 10.46% compared to Berkshire Hathaway Inc. (BRK-B) at 3.79%. This indicates that DJCO'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

	DJCO	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.46%	3.79%	+6.67%
Volatility (6M) Calculated over the trailing 6-month period	36.54%	10.68%	+25.86%
Volatility (1Y) Calculated over the trailing 1-year period	51.33%	14.31%	+37.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.90%	17.11%	+22.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.25%	19.43%	+18.82%

Dividends

DJCO vs. BRK-B - Dividend Comparison

Neither DJCO nor BRK-B has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

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

DJCO and BRK-B have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DJCO or BRK-B?

DJCO has higher volatility (10.46%) compared to BRK-B (3.79%). In terms of maximum drawdown, DJCO dropped -53.80% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

DJCO currently has the higher Sharpe Ratio (0.54 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.