ACTIX vs. OANMX

Last updated Jun 24, 2026

ACTIX (Advisors Capital Tactical Fixed Income Fund) and OANMX (Oakmark Fund Institutional Class) are both Large Cap Value Equities funds. Over the past 5 years, ACTIX returned 0.69%/yr vs 9.96%/yr for OANMX. At a 0.38 correlation, their price movements are largely independent. ACTIX charges 2.09%/yr vs 0.68%/yr for OANMX.

Performance

ACTIX vs. OANMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advisors Capital Tactical Fixed Income Fund (ACTIX) and Oakmark Fund Institutional Class (OANMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACTIX achieves a 0.10% return, which is significantly higher than OANMX's -1.91% return.

ACTIX

• 1D: -0.21%
• 1M: 0.53%
• YTD: 0.10%
• 6M: 0.25%
• 1Y: 3.51%
• 3Y*: 4.60%
• 5Y*: 0.69%
• 10Y*: —

OANMX

• 1D: 0.00%
• 1M: -1.02%
• YTD: -1.91%
• 6M: -2.43%
• 1Y: 8.94%
• 3Y*: 14.59%
• 5Y*: 9.96%
• 10Y*: —

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

ACTIX vs. OANMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ACTIX Advisors Capital Tactical Fixed Income Fund	0.10%	6.08%	3.07%	5.97%	-9.94%	0.75%
OANMX Oakmark Fund Institutional Class	-1.91%	14.38%	16.28%	31.21%	-13.18%	19.13%

Correlation

The correlation between ACTIX and OANMX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021	0.38

Return for Risk

ACTIX vs. OANMX — Risk / Return Rank

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

ACTIX

ACTIX Risk / Return Rank: 15
ACTIX Sharpe Ratio Rank: 14
ACTIX Sortino Ratio Rank: 14
ACTIX Omega Ratio Rank: 14
ACTIX Calmar Ratio Rank: 15
ACTIX Martin Ratio Rank: 17

OANMX

OANMX Risk / Return Rank: 11
OANMX Sharpe Ratio Rank: 9
OANMX Sortino Ratio Rank: 9
OANMX Omega Ratio Rank: 9
OANMX Calmar Ratio Rank: 16
OANMX Martin Ratio Rank: 12

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.

ACTIX vs. OANMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advisors Capital Tactical Fixed Income Fund (ACTIX) and Oakmark Fund Institutional Class (OANMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ACTIX	OANMX	Difference
Sharpe ratio: Return per unit of total volatility	1.00	0.70	+0.29
Sortino ratio: Return per unit of downside risk	1.46	1.09	+0.37
Omega ratio: Gain probability vs. loss probability	1.18	1.13	+0.05
Calmar ratio: Return relative to maximum drawdown	1.25	1.34	-0.08
Martin ratio: Return relative to average drawdown	4.18	3.29	+0.88

ACTIX vs. OANMX - Sharpe Ratio Comparison

The current ACTIX Sharpe Ratio is 1.00, which is higher than the OANMX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of ACTIX and OANMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACTIX vs. OANMX - Drawdown Comparison

The maximum ACTIX drawdown since its inception was -14.29%, smaller than the maximum OANMX drawdown of -40.08%. Use the drawdown chart below to compare losses from any high point for ACTIX and OANMX.

Drawdown Indicators

	ACTIX	OANMX	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-40.08%	+25.79%
Max Drawdown (1Y) Largest decline over 1 year	-2.90%	-6.93%	+4.03%
Max Drawdown (3Y) Largest decline over 3 years	-3.95%	-17.01%	+13.06%
Max Drawdown (5Y) Largest decline over 5 years	-14.29%	-23.55%	+9.26%
Current Drawdown Current decline from peak	-1.04%	-4.43%	+3.39%
Average Drawdown Average peak-to-trough decline	-4.97%	-5.57%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	2.81%	-1.94%

Volatility

ACTIX vs. OANMX - Volatility Comparison

The current volatility for Advisors Capital Tactical Fixed Income Fund (ACTIX) is 1.00%, while Oakmark Fund Institutional Class (OANMX) has a volatility of 3.77%. This indicates that ACTIX experiences smaller price fluctuations and is considered to be less risky than OANMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACTIX	OANMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	3.77%	-2.77%
Volatility (6M) Calculated over the trailing 6-month period	2.85%	9.44%	-6.59%
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	13.20%	-9.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	18.28%	-13.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.61%	20.61%	-16.00%

ACTIX vs. OANMX - Expense Ratio Comparison

ACTIX has a 2.09% expense ratio, which is higher than OANMX's 0.68% expense ratio.

Dividends

ACTIX vs. OANMX - Dividend Comparison

ACTIX's dividend yield for the trailing twelve months is around 3.08%, more than OANMX's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ACTIX Advisors Capital Tactical Fixed Income Fund	3.08%	3.09%	3.18%	2.44%	1.10%	0.45%	0.00%	0.00%	0.00%	0.00%
OANMX Oakmark Fund Institutional Class	1.16%	1.14%	1.34%	1.22%	1.17%	1.94%	0.33%	8.53%	8.37%	0.66%

Frequently Asked Questions

Can I hold both ACTIX and OANMX in my portfolio?

ACTIX and OANMX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACTIX or OANMX?

OANMX has higher volatility (3.77%) compared to ACTIX (1.00%). In terms of maximum drawdown, ACTIX dropped -14.29% vs OANMX's -40.08%.

Which has better risk-adjusted returns?

ACTIX currently has the higher Sharpe Ratio (1.00 vs 0.70), 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.