ALTFX vs. OAKIX
Compare and contrast key facts about AB Sustainable Global Thematic Fund (ALTFX) and Oakmark International Fund (OAKIX).
ALTFX is managed by AllianceBernstein. It was launched on Feb 28, 1982. OAKIX is managed by Oakmark. It was launched on Sep 29, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALTFX or OAKIX.
Key characteristics
| ALTFX | OAKIX | |
|---|---|---|
| YTD Return | -0.61% | -2.83% |
| 1Y Return | 10.76% | -0.32% |
| 3Y Return (Ann) | -1.45% | -1.76% |
| 5Y Return (Ann) | 9.57% | 3.57% |
| 10Y Return (Ann) | 9.65% | 2.99% |
| Sharpe Ratio | 0.89 | -0.03 |
| Daily Std Dev | 12.46% | 14.60% |
| Max Drawdown | -80.01% | -60.45% |
| Current Drawdown | -17.29% | -11.61% |
Correlation
The correlation between ALTFX and OAKIX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALTFX vs. OAKIX - Performance Comparison
In the year-to-date period, ALTFX achieves a -0.61% return, which is significantly higher than OAKIX's -2.83% return. Over the past 10 years, ALTFX has outperformed OAKIX with an annualized return of 9.65%, while OAKIX has yielded a comparatively lower 2.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ALTFX vs. OAKIX - Expense Ratio Comparison
ALTFX has a 1.02% expense ratio, which is lower than OAKIX's 1.04% expense ratio.
Risk-Adjusted Performance
ALTFX vs. OAKIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) and Oakmark International Fund (OAKIX). 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.
Dividends
ALTFX vs. OAKIX - Dividend Comparison
ALTFX's dividend yield for the trailing twelve months is around 0.03%, less than OAKIX's 1.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTFX AB Sustainable Global Thematic Fund | 0.03% | 0.03% | 2.61% | 9.99% | 7.23% | 3.01% | 8.36% | 0.00% | 4.05% | 0.00% | 0.00% | 0.00% |
OAKIX Oakmark International Fund | 1.90% | 1.85% | 2.97% | 1.23% | 0.33% | 1.81% | 7.53% | 3.19% | 1.73% | 5.28% | 6.89% | 2.84% |
Drawdowns
ALTFX vs. OAKIX - Drawdown Comparison
The maximum ALTFX drawdown since its inception was -80.01%, which is greater than OAKIX's maximum drawdown of -60.45%. Use the drawdown chart below to compare losses from any high point for ALTFX and OAKIX. For additional features, visit the drawdowns tool.
Volatility
ALTFX vs. OAKIX - Volatility Comparison
AB Sustainable Global Thematic Fund (ALTFX) and Oakmark International Fund (OAKIX) have volatilities of 4.14% and 3.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.