RYDAX vs. BRK-B

Last updated Jun 5, 2026

RYDAX (Rydex Dow Jones Industrial Average Fund) is Large Cap Value Equities fund managed by Rydex Funds, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, RYDAX returned 11.45%/yr vs 12.93%/yr for BRK-B. A 0.71 correlation means they provide meaningful diversification when combined.

Performance

RYDAX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Dow Jones Industrial Average Fund (RYDAX) 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, RYDAX achieves a 5.49% return, which is significantly higher than BRK-B's -4.78% return. Over the past 10 years, RYDAX has underperformed BRK-B with an annualized return of 11.45%, while BRK-B has yielded a comparatively higher 12.93% annualized return.

RYDAX

• 1D: -1.21%
• 1M: 2.94%
• YTD: 5.49%
• 6M: 5.90%
• 1Y: 19.51%
• 3Y*: 14.68%
• 5Y*: 8.01%
• 10Y*: 11.45%

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)

RYDAX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYDAX Rydex Dow Jones Industrial Average Fund	5.49%	12.98%	13.10%	14.36%	-8.88%	19.11%	7.47%	23.13%	-5.14%	26.19%
BRK-B Berkshire Hathaway Inc.	-4.78%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between RYDAX and BRK-B is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.71

Over the past year, the correlation between RYDAX and BRK-B has dropped to 0.34 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

Return for Risk

RYDAX vs. BRK-B — Risk / Return Rank

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

RYDAX

RYDAX Risk / Return Rank: 31
RYDAX Sharpe Ratio Rank: 31
RYDAX Sortino Ratio Rank: 32
RYDAX Omega Ratio Rank: 30
RYDAX Calmar Ratio Rank: 28
RYDAX Martin Ratio Rank: 33

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.

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

This table presents a comparison of risk-adjusted performance metrics for Rydex Dow Jones Industrial Average Fund (RYDAX) 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.

	RYDAX	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.60	-0.18	+1.77
Sortino ratio: Return per unit of downside risk	2.35	-0.15	+2.49
Omega ratio: Gain probability vs. loss probability	1.28	0.98	+0.30
Calmar ratio: Return relative to maximum drawdown	1.96	-0.27	+2.23
Martin ratio: Return relative to average drawdown	7.41	-0.57	+7.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYDAX vs. BRK-B - Sharpe Ratio Comparison

The current RYDAX Sharpe Ratio is 1.60, which is higher than the BRK-B Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of RYDAX 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

	RYDAX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	-0.18	+1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.61	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.67	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.48	+0.18

Drawdowns

RYDAX vs. BRK-B - Drawdown Comparison

The maximum RYDAX drawdown since its inception was -37.34%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for RYDAX and BRK-B.

Drawdown Indicators

	RYDAX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-37.34%	-53.86%	+16.52%
Max Drawdown (1Y) Largest decline over 1 year	-9.86%	-9.42%	-0.44%
Max Drawdown (3Y) Largest decline over 3 years	-16.50%	-14.95%	-1.55%
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	-26.58%	+4.46%
Max Drawdown (10Y) Largest decline over 10 years	-37.34%	-29.57%	-7.77%
Current Drawdown Current decline from peak	-1.21%	-11.33%	+10.12%
Average Drawdown Average peak-to-trough decline	-4.34%	-11.07%	+6.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	4.46%	-1.85%

Volatility

RYDAX vs. BRK-B - Volatility Comparison

The current volatility for Rydex Dow Jones Industrial Average Fund (RYDAX) is 3.04%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.72%. This indicates that RYDAX 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

	RYDAX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	3.72%	-0.68%
Volatility (6M) Calculated over the trailing 6-month period	9.31%	10.70%	-1.39%
Volatility (1Y) Calculated over the trailing 1-year period	12.12%	14.32%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.82%	17.11%	-2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.61%	19.43%	-1.82%

Dividends

RYDAX vs. BRK-B - Dividend Comparison

RYDAX's dividend yield for the trailing twelve months is around 0.36%, 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%
RYDAX Rydex Dow Jones Industrial Average Fund	0.36%	0.38%	1.73%	0.75%	3.17%	1.22%	4.87%	4.02%	1.25%	3.70%	0.56%

Frequently Asked Questions

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

RYDAX and BRK-B have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYDAX or BRK-B?

BRK-B has higher volatility (3.72%) compared to RYDAX (3.04%). In terms of maximum drawdown, RYDAX dropped -37.34% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

RYDAX currently has the higher Sharpe Ratio (1.60 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.