OMAH vs. BRK-B

Last updated Jun 5, 2026

OMAH (VistaShares Target 15™ Berkshire Select Income ETF) is Derivative Income fund actively managed by VistaShares, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past year, OMAH returned 12.34% vs -2.52% for BRK-B. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

OMAH vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15™ Berkshire Select Income ETF (OMAH) 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, OMAH achieves a 5.13% return, which is significantly higher than BRK-B's -4.78% return.

OMAH

• 1D: 0.54%
• 1M: 0.72%
• YTD: 5.13%
• 6M: 5.28%
• 1Y: 12.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: 0.69%
• 1M: 2.82%
• YTD: -4.78%
• 6M: -4.89%
• 1Y: -2.52%
• 3Y*: 13.36%
• 5Y*: 10.35%
• 10Y*: 12.93%

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

OMAH vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	5.13%	6.74%
BRK-B Berkshire Hathaway Inc.	-4.78%	0.83%

Correlation

The correlation between OMAH and BRK-B is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025	0.56

The correlation between OMAH and BRK-B has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.

Return for Risk

OMAH vs. BRK-B — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 54
OMAH Sharpe Ratio Rank: 45
OMAH Sortino Ratio Rank: 44
OMAH Omega Ratio Rank: 43
OMAH Calmar Ratio Rank: 80
OMAH Martin Ratio Rank: 58

BRK-B

BRK-B Risk / Return Rank: 31
BRK-B Sharpe Ratio Rank: 34
BRK-B Sortino Ratio Rank: 28
BRK-B Omega Ratio Rank: 27
BRK-B Calmar Ratio Rank: 33
BRK-B Martin Ratio Rank: 32

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.

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

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) 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.

	OMAH	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.54	-0.18	+1.71
Sortino ratio: Return per unit of downside risk	2.17	-0.15	+2.31
Omega ratio: Gain probability vs. loss probability	1.27	0.98	+0.29
Calmar ratio: Return relative to maximum drawdown	4.12	-0.27	+4.39
Martin ratio: Return relative to average drawdown	10.16	-0.57	+10.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OMAH vs. BRK-B - Sharpe Ratio Comparison

The current OMAH Sharpe Ratio is 1.54, which is higher than the BRK-B Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of OMAH 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

	OMAH	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	-0.18	+1.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.48	+0.26

Drawdowns

OMAH vs. BRK-B - Drawdown Comparison

The maximum OMAH drawdown since its inception was -11.83%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for OMAH and BRK-B.

Drawdown Indicators

	OMAH	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-11.83%	-53.86%	+42.03%
Max Drawdown (1Y) Largest decline over 1 year	-3.00%	-9.42%	+6.42%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-2.12%	-11.33%	+9.21%
Average Drawdown Average peak-to-trough decline	-1.26%	-11.07%	+9.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	4.46%	-3.24%

Volatility

OMAH vs. BRK-B - Volatility Comparison

The current volatility for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) is 1.99%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.72%. This indicates that OMAH 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

	OMAH	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.99%	3.72%	-1.73%
Volatility (6M) Calculated over the trailing 6-month period	5.50%	10.70%	-5.20%
Volatility (1Y) Calculated over the trailing 1-year period	8.06%	14.32%	-6.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.20%	17.11%	-3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.20%	19.43%	-6.23%

Dividends

OMAH vs. BRK-B - Dividend Comparison

OMAH's dividend yield for the trailing twelve months is around 15.36%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	15.36%	12.86%

Frequently Asked Questions

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

OMAH and BRK-B have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OMAH or BRK-B?

BRK-B has higher volatility (3.72%) compared to OMAH (1.99%). In terms of maximum drawdown, OMAH dropped -11.83% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

OMAH currently has the higher Sharpe Ratio (1.54 vs -0.18), 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.