FLV vs. BRK-B

Last updated Apr 1, 2026

Compare and contrast key facts about American Century Focused Large Cap Value ETF (FLV) and Berkshire Hathaway Inc. (BRK-B).

FLV is an actively managed fund by American Century. It was launched on Mar 31, 2020.

Performance

FLV vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Focused Large Cap Value ETF (FLV) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

FLV vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FLV American Century Focused Large Cap Value ETF	1.47%	15.80%	11.51%	6.23%	0.94%	17.30%	39.27%
BRK-B Berkshire Hathaway Inc.	-4.67%	10.89%	27.09%	15.46%	3.31%	28.95%	29.01%

Returns By Period

In the year-to-date period, FLV achieves a 1.47% return, which is significantly higher than BRK-B's -4.67% return.

FLV

• 1D: 1.22%
• 1M: -6.30%
• YTD: 1.47%
• 6M: 4.88%
• 1Y: 11.72%
• 3Y*: 11.93%
• 5Y*: 8.95%
• 10Y*: —

BRK-B

• 1D: 0.96%
• 1M: -5.10%
• YTD: -4.67%
• 6M: -4.68%
• 1Y: -10.02%
• 3Y*: 15.78%
• 5Y*: 13.16%
• 10Y*: 12.79%

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

Return for Risk

FLV vs. BRK-B — Risk / Return Rank

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

FLV

FLV Risk / Return Rank: 47
FLV Sharpe Ratio Rank: 49
FLV Sortino Ratio Rank: 48
FLV Omega Ratio Rank: 47
FLV Calmar Ratio Rank: 46
FLV Martin Ratio Rank: 46

BRK-B

BRK-B Risk / Return Rank: 20
BRK-B Sharpe Ratio Rank: 18
BRK-B Sortino Ratio Rank: 17
BRK-B Omega Ratio Rank: 17
BRK-B Calmar Ratio Rank: 22
BRK-B Martin Ratio Rank: 24

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.

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

This table presents a comparison of risk-adjusted performance metrics for American Century Focused Large Cap Value ETF (FLV) 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.

	FLV	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	0.88	-0.55	+1.43
Sortino ratio Return per unit of downside risk	1.27	-0.63	+1.90
Omega ratio Gain probability vs. loss probability	1.18	0.91	+0.27
Calmar ratio Return relative to maximum drawdown	1.15	-0.60	+1.74
Martin ratio Return relative to average drawdown	4.42	-1.03	+5.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLV vs. BRK-B - Sharpe Ratio Comparison

The current FLV Sharpe Ratio is 0.88, which is higher than the BRK-B Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of FLV and BRK-B, 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

	FLV	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	-0.55	+1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.77	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.48	+0.56

Correlation

The correlation between FLV and BRK-B is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FLV vs. BRK-B - Dividend Comparison

FLV's dividend yield for the trailing twelve months is around 1.74%, while BRK-B has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
FLV American Century Focused Large Cap Value ETF	1.74%	1.90%	2.07%	2.07%	4.98%	4.05%	0.87%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FLV vs. BRK-B - Drawdown Comparison

The maximum FLV drawdown since its inception was -15.06%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for FLV and BRK-B.

Drawdown Indicators

	FLV	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-15.06%	-53.86%	+38.80%
Max Drawdown (1Y) Largest decline over 1 year	-10.32%	-14.95%	+4.63%
Max Drawdown (5Y) Largest decline over 5 years	-15.06%	-26.58%	+11.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-6.30%	-11.23%	+4.93%
Average Drawdown Average peak-to-trough decline	-2.72%	-11.07%	+8.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	8.69%	-5.89%

Volatility

FLV vs. BRK-B - Volatility Comparison

The current volatility for American Century Focused Large Cap Value ETF (FLV) is 3.51%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.34%. This indicates that FLV 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

	FLV	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	4.34%	-0.83%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	11.16%	-3.81%
Volatility (1Y) Calculated over the trailing 1-year period	13.40%	18.34%	-4.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.68%	17.21%	-4.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.37%	19.45%	-5.08%