DHLAX vs. OAKMX
Compare and contrast key facts about Diamond Hill Large Cap Fund (DHLAX) and Oakmark Fund Investor Class (OAKMX).
DHLAX is managed by Diamond Hill. It was launched on Jun 29, 2001. OAKMX is managed by Oakmark. It was launched on Aug 5, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHLAX or OAKMX.
Correlation
The correlation between DHLAX and OAKMX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DHLAX vs. OAKMX - Performance Comparison
Key characteristics
DHLAX:
0.29
OAKMX:
0.46
DHLAX:
0.52
OAKMX:
0.76
DHLAX:
1.07
OAKMX:
1.11
DHLAX:
0.30
OAKMX:
0.50
DHLAX:
1.07
OAKMX:
1.87
DHLAX:
4.43%
OAKMX:
4.58%
DHLAX:
16.61%
OAKMX:
18.61%
DHLAX:
-52.68%
OAKMX:
-61.02%
DHLAX:
-7.56%
OAKMX:
-7.59%
Returns By Period
In the year-to-date period, DHLAX achieves a -1.33% return, which is significantly higher than OAKMX's -1.76% return. Both investments have delivered pretty close results over the past 10 years, with DHLAX having a 8.70% annualized return and OAKMX not far ahead at 9.02%.
DHLAX
-1.33%
6.43%
-3.74%
3.71%
13.08%
8.70%
OAKMX
-1.76%
8.94%
-1.10%
7.43%
20.36%
9.02%
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DHLAX vs. OAKMX - Expense Ratio Comparison
DHLAX has a 0.96% expense ratio, which is higher than OAKMX's 0.91% expense ratio.
Risk-Adjusted Performance
DHLAX vs. OAKMX — Risk-Adjusted Performance Rank
DHLAX
OAKMX
DHLAX vs. OAKMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Large Cap Fund (DHLAX) and Oakmark Fund Investor Class (OAKMX). 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
DHLAX vs. OAKMX - Dividend Comparison
DHLAX's dividend yield for the trailing twelve months is around 1.19%, more than OAKMX's 1.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHLAX Diamond Hill Large Cap Fund | 1.19% | 1.17% | 0.74% | 1.16% | 0.60% | 0.61% | 0.91% | 1.14% | 0.77% | 1.04% | 0.82% | 0.85% |
OAKMX Oakmark Fund Investor Class | 1.14% | 1.12% | 1.02% | 0.92% | 0.52% | 0.17% | 0.81% | 0.73% | 0.47% | 1.06% | 0.95% | 0.64% |
Drawdowns
DHLAX vs. OAKMX - Drawdown Comparison
The maximum DHLAX drawdown since its inception was -52.68%, smaller than the maximum OAKMX drawdown of -61.02%. Use the drawdown chart below to compare losses from any high point for DHLAX and OAKMX. For additional features, visit the drawdowns tool.
Volatility
DHLAX vs. OAKMX - Volatility Comparison
The current volatility for Diamond Hill Large Cap Fund (DHLAX) is 11.07%, while Oakmark Fund Investor Class (OAKMX) has a volatility of 12.22%. This indicates that DHLAX experiences smaller price fluctuations and is considered to be less risky than OAKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.