LVHI vs. BRK-B

Last updated Jun 9, 2026

LVHI (Franklin International Low Volatility High Dividend Index ETF) is Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, LVHI returned 15.67%/yr vs 11.03%/yr for BRK-B. At a 0.48 correlation, their price movements are largely independent.

Performance

LVHI vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin International Low Volatility High Dividend Index ETF (LVHI) 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, LVHI achieves a 11.45% return, which is significantly higher than BRK-B's -3.11% return.

LVHI

• 1D: 0.37%
• 1M: 0.77%
• YTD: 11.45%
• 6M: 13.55%
• 1Y: 29.27%
• 3Y*: 20.97%
• 5Y*: 15.67%
• 10Y*: —

BRK-B

• 1D: -0.23%
• 1M: 2.32%
• YTD: -3.11%
• 6M: -2.06%
• 1Y: -1.32%
• 3Y*: 13.25%
• 5Y*: 11.03%
• 10Y*: 13.14%

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

LVHI vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LVHI Franklin International Low Volatility High Dividend Index ETF	11.45%	27.12%	14.81%	17.45%	3.84%	18.19%	-8.76%	18.35%	-5.22%	12.26%
BRK-B Berkshire Hathaway Inc.	-3.11%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between LVHI and BRK-B is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016	0.48

Over the past year, the correlation between LVHI and BRK-B has dropped to 0.23 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Return for Risk

LVHI vs. BRK-B — Risk / Return Rank

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

LVHI

LVHI Risk / Return Rank: 92
LVHI Sharpe Ratio Rank: 93
LVHI Sortino Ratio Rank: 93
LVHI Omega Ratio Rank: 93
LVHI Calmar Ratio Rank: 89
LVHI Martin Ratio Rank: 91

BRK-B

BRK-B Risk / Return Rank: 35
BRK-B Sharpe Ratio Rank: 38
BRK-B Sortino Ratio Rank: 30
BRK-B Omega Ratio Rank: 30
BRK-B Calmar Ratio Rank: 38
BRK-B Martin Ratio Rank: 37

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.

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

This table presents a comparison of risk-adjusted performance metrics for Franklin International Low Volatility High Dividend Index ETF (LVHI) 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.

	LVHI	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	3.10	-0.09	+3.19
Sortino ratio: Return per unit of downside risk	4.24	-0.03	+4.27
Omega ratio: Gain probability vs. loss probability	1.58	1.00	+0.58
Calmar ratio: Return relative to maximum drawdown	4.84	-0.14	+4.98
Martin ratio: Return relative to average drawdown	19.99	-0.30	+20.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LVHI vs. BRK-B - Sharpe Ratio Comparison

The current LVHI Sharpe Ratio is 3.10, which is higher than the BRK-B Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of LVHI 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

	LVHI	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.10	-0.09	+3.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.42	0.65	+0.78
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.48	+0.33

Drawdowns

LVHI vs. BRK-B - Drawdown Comparison

The maximum LVHI drawdown since its inception was -32.31%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for LVHI and BRK-B.

Drawdown Indicators

	LVHI	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-32.31%	-53.86%	+21.55%
Max Drawdown (1Y) Largest decline over 1 year	-6.08%	-9.42%	+3.34%
Max Drawdown (3Y) Largest decline over 3 years	-11.99%	-14.95%	+2.96%
Max Drawdown (5Y) Largest decline over 5 years	-11.99%	-26.58%	+14.59%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-1.79%	-9.78%	+7.99%
Average Drawdown Average peak-to-trough decline	-3.52%	-11.07%	+7.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	4.49%	-3.02%

Volatility

LVHI vs. BRK-B - Volatility Comparison

The current volatility for Franklin International Low Volatility High Dividend Index ETF (LVHI) is 2.35%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.98%. This indicates that LVHI 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

	LVHI	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	3.98%	-1.63%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	10.87%	-3.29%
Volatility (1Y) Calculated over the trailing 1-year period	9.50%	14.38%	-4.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.07%	17.13%	-6.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.76%	19.44%	-5.68%

Dividends

LVHI vs. BRK-B - Dividend Comparison

LVHI's dividend yield for the trailing twelve months is around 4.79%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
LVHI Franklin International Low Volatility High Dividend Index ETF	4.79%	4.92%	3.98%	8.12%	7.74%	4.13%	3.97%	6.67%	10.67%	3.38%	2.02%

Frequently Asked Questions

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

LVHI and BRK-B have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LVHI or BRK-B?

BRK-B has higher volatility (3.98%) compared to LVHI (2.35%). In terms of maximum drawdown, LVHI dropped -32.31% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

LVHI currently has the higher Sharpe Ratio (3.10 vs -0.09), 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.