IVFIX vs. BRK-B

Last updated Jun 3, 2026

IVFIX (Federated Hermes International Strategic Value Dividend Fund) is Foreign Large Cap Equities fund managed by Federated, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, IVFIX returned 6.79%/yr vs 12.82%/yr for BRK-B. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

IVFIX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes International Strategic Value Dividend Fund (IVFIX) 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, IVFIX achieves a 5.80% return, which is significantly higher than BRK-B's -6.20% return. Over the past 10 years, IVFIX has underperformed BRK-B with an annualized return of 6.79%, while BRK-B has yielded a comparatively higher 12.82% annualized return.

IVFIX

• 1D: -1.04%
• 1M: -2.52%
• YTD: 5.80%
• 6M: 7.91%
• 1Y: 14.53%
• 3Y*: 13.89%
• 5Y*: 8.99%
• 10Y*: 6.79%

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)

IVFIX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVFIX Federated Hermes International Strategic Value Dividend Fund	5.80%	31.79%	1.91%	11.05%	-2.54%	11.58%	-1.74%	20.15%	-11.96%	14.63%
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 IVFIX and BRK-B is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jun 4, 2008	0.54

Over the past year, the correlation between IVFIX and BRK-B has dropped to 0.28 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Return for Risk

IVFIX vs. BRK-B — Risk / Return Rank

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

IVFIX

IVFIX Risk / Return Rank: 39
IVFIX Sharpe Ratio Rank: 33
IVFIX Sortino Ratio Rank: 33
IVFIX Omega Ratio Rank: 34
IVFIX Calmar Ratio Rank: 51
IVFIX Martin Ratio Rank: 43

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.

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

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Strategic Value Dividend Fund (IVFIX) 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.

	IVFIX	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	1.68	-0.44	+2.12
Sortino ratio Return per unit of downside risk	2.40	-0.51	+2.91
Omega ratio Gain probability vs. loss probability	1.31	0.94	+0.37
Calmar ratio Return relative to maximum drawdown	2.75	-0.68	+3.44
Martin ratio Return relative to average drawdown	9.11	-1.36	+10.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IVFIX vs. BRK-B - Sharpe Ratio Comparison

The current IVFIX Sharpe Ratio is 1.68, which is higher than the BRK-B Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of IVFIX 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

	IVFIX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	-0.44	+2.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.59	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.66	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.48	-0.27

Drawdowns

IVFIX vs. BRK-B - Drawdown Comparison

The maximum IVFIX drawdown since its inception was -51.49%, roughly equal to the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for IVFIX and BRK-B.

Drawdown Indicators

	IVFIX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-51.49%	-53.86%	+2.37%
Max Drawdown (1Y) Largest decline over 1 year	-6.97%	-9.42%	+2.45%
Max Drawdown (3Y) Largest decline over 3 years	-10.75%	-14.95%	+4.20%
Max Drawdown (5Y) Largest decline over 5 years	-21.29%	-26.58%	+5.29%
Max Drawdown (10Y) Largest decline over 10 years	-33.46%	-29.57%	-3.89%
Current Drawdown Current decline from peak	-6.07%	-12.65%	+6.58%
Average Drawdown Average peak-to-trough decline	-11.62%	-11.07%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	4.73%	-2.17%

Volatility

IVFIX vs. BRK-B - Volatility Comparison

Federated Hermes International Strategic Value Dividend Fund (IVFIX) has a higher volatility of 4.83% compared to Berkshire Hathaway Inc. (BRK-B) at 3.79%. This indicates that IVFIX'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

	IVFIX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	3.79%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	9.34%	10.68%	-1.34%
Volatility (1Y) Calculated over the trailing 1-year period	12.13%	14.31%	-2.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.13%	17.11%	-3.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.79%	19.43%	-4.64%

Dividends

IVFIX vs. BRK-B - Dividend Comparison

IVFIX's dividend yield for the trailing twelve months is around 3.60%, 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%
IVFIX Federated Hermes International Strategic Value Dividend Fund	3.60%	3.37%	4.44%	4.01%	3.99%	3.67%	3.62%	3.98%	4.97%	4.17%	3.38%	3.95%

Frequently Asked Questions

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

IVFIX and BRK-B have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVFIX or BRK-B?

IVFIX has higher volatility (4.83%) compared to BRK-B (3.79%). In terms of maximum drawdown, IVFIX dropped -51.49% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

IVFIX currently has the higher Sharpe Ratio (1.68 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.