VIVAX vs. BRK-B

Last updated Jun 4, 2026

VIVAX (Vanguard Value Index Fund) is Large Cap Value Equities fund managed by Vanguard, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, VIVAX returned 12.27%/yr vs 12.91%/yr for BRK-B. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

VIVAX vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value Index Fund (VIVAX) 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, VIVAX achieves a 12.20% return, which is significantly higher than BRK-B's -5.43% return. Over the past 10 years, VIVAX has underperformed BRK-B with an annualized return of 12.27%, while BRK-B has yielded a comparatively higher 12.91% annualized return.

VIVAX

• 1D: 0.86%
• 1M: 4.21%
• YTD: 12.20%
• 6M: 13.03%
• 1Y: 26.06%
• 3Y*: 17.88%
• 5Y*: 11.03%
• 10Y*: 12.27%

BRK-B

• 1D: 0.82%
• 1M: 1.46%
• YTD: -5.43%
• 6M: -5.61%
• 1Y: -4.51%
• 3Y*: 13.00%
• 5Y*: 10.20%
• 10Y*: 12.91%

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

VIVAX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIVAX Vanguard Value Index Fund	12.20%	14.50%	15.85%	9.08%	-2.18%	26.32%	2.18%	25.66%	-5.56%	16.98%
BRK-B Berkshire Hathaway Inc.	-5.43%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between VIVAX and BRK-B is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.76
Correlation (All Time) Calculated using the full available price history since May 10, 1996	0.55

The correlation between VIVAX and BRK-B shifts across timeframes, from 0.45 (1 year) to 0.76 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

VIVAX vs. BRK-B — Risk / Return Rank

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

VIVAX

VIVAX Risk / Return Rank: 81
VIVAX Sharpe Ratio Rank: 82
VIVAX Sortino Ratio Rank: 80
VIVAX Omega Ratio Rank: 71
VIVAX Calmar Ratio Rank: 87
VIVAX Martin Ratio Rank: 84

BRK-B

BRK-B Risk / Return Rank: 23
BRK-B Sharpe Ratio Rank: 27
BRK-B Sortino Ratio Rank: 22
BRK-B Omega Ratio Rank: 23
BRK-B Calmar Ratio Rank: 24
BRK-B Martin Ratio Rank: 20

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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value Index Fund (VIVAX) 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.

	VIVAX	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.66	-0.32	+2.97
Sortino ratio: Return per unit of downside risk	3.79	-0.34	+4.12
Omega ratio: Gain probability vs. loss probability	1.47	0.96	+0.52
Calmar ratio: Return relative to maximum drawdown	4.21	-0.48	+4.69
Martin ratio: Return relative to average drawdown	15.84	-1.02	+16.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIVAX vs. BRK-B - Sharpe Ratio Comparison

The current VIVAX Sharpe Ratio is 2.66, which is higher than the BRK-B Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of VIVAX 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

	VIVAX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	-0.32	+2.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.60	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.67	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.48	+0.08

Drawdowns

VIVAX vs. BRK-B - Drawdown Comparison

The maximum VIVAX drawdown since its inception was -59.38%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for VIVAX and BRK-B.

Drawdown Indicators

	VIVAX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-59.38%	-53.86%	-5.52%
Max Drawdown (1Y) Largest decline over 1 year	-6.37%	-9.42%	+3.05%
Max Drawdown (3Y) Largest decline over 3 years	-14.90%	-14.95%	+0.05%
Max Drawdown (5Y) Largest decline over 5 years	-17.17%	-26.58%	+9.41%
Max Drawdown (10Y) Largest decline over 10 years	-36.81%	-29.57%	-7.24%
Current Drawdown Current decline from peak	0.00%	-11.94%	+11.94%
Average Drawdown Average peak-to-trough decline	-8.07%	-11.07%	+3.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	4.57%	-2.88%

Volatility

VIVAX vs. BRK-B - Volatility Comparison

The current volatility for Vanguard Value Index Fund (VIVAX) is 2.71%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.75%. This indicates that VIVAX 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

	VIVAX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	3.75%	-1.04%
Volatility (6M) Calculated over the trailing 6-month period	7.64%	10.68%	-3.04%
Volatility (1Y) Calculated over the trailing 1-year period	10.09%	14.33%	-4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	17.11%	-3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.74%	19.43%	-2.69%

Dividends

VIVAX vs. BRK-B - Dividend Comparison

VIVAX's dividend yield for the trailing twelve months is around 1.75%, 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%
VIVAX Vanguard Value Index Fund	1.75%	1.42%	2.19%	2.33%	2.39%	2.02%	2.43%	2.39%	2.59%	2.18%	2.33%	2.46%

Frequently Asked Questions

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

VIVAX and BRK-B have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIVAX or BRK-B?

BRK-B has higher volatility (3.75%) compared to VIVAX (2.71%). In terms of maximum drawdown, VIVAX dropped -59.38% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

VIVAX currently has the higher Sharpe Ratio (2.66 vs -0.32), 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.