DUSA vs. OAKM

Last updated Aug 4, 2026

DUSA (Davis Select U.S. Equity ETF) and OAKM (Oakmark U.S. Large Cap ETF) are both exchange-traded funds - DUSA is a Large Cap Blend Equities fund actively managed by Davis, while OAKM is a Large Cap Value Equities fund actively managed by Oakmark. Both are actively managed. Over the past year, DUSA returned 29.99% vs 20.99% for OAKM. Their 0.78 correlation means they have sometimes moved together and sometimes differently. DUSA charges 0.62%/yr vs 0.59%/yr for OAKM.

Performance

DUSA vs. OAKM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Davis Select U.S. Equity ETF (DUSA) and Oakmark U.S. Large Cap ETF (OAKM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUSA achieves a 13.73% return, which is significantly higher than OAKM's 7.25% return.

DUSA

• 1D: 1.16%
• 1M: 2.25%
• 6M: 9.97%
• YTD: 13.73%
• 1Y: 29.99%
• 3Y*: 22.18%
• 5Y*: 12.60%
• 10Y*: —
• ALL TIME*: 13.17%

OAKM

• 1D: 0.81%
• 1M: 4.41%
• 6M: 6.53%
• YTD: 7.25%
• 1Y: 20.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DUSA Davis Select U.S. Equity ETF	$2.68M	$2.77M	$2.73M
OAKM Oakmark U.S. Large Cap ETF	$6.55M	$5.00M	$5.69M

DUSA vs. OAKM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DUSA Davis Select U.S. Equity ETF	13.73%	22.57%	-5.78%
OAKM Oakmark U.S. Large Cap ETF	7.25%	21.46%	-5.20%

Correlation

The correlation between DUSA and OAKM is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024	0.78

The correlation between DUSA and OAKM has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.

Return for Risk

DUSA vs. OAKM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DUSA

DUSA Risk / Return Rank: 90
DUSA Sharpe Ratio Rank: 92
DUSA Sortino Ratio Rank: 91
DUSA Omega Ratio Rank: 89
DUSA Calmar Ratio Rank: 90
DUSA Martin Ratio Rank: 88

OAKM

OAKM Risk / Return Rank: 66
OAKM Sharpe Ratio Rank: 63
OAKM Sortino Ratio Rank: 66
OAKM Omega Ratio Rank: 62
OAKM Calmar Ratio Rank: 77
OAKM Martin Ratio Rank: 59

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DUSA vs. OAKM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Davis Select U.S. Equity ETF (DUSA) and Oakmark U.S. Large Cap ETF (OAKM). 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.

	DUSA	OAKM	Difference
Sharpe ratio: Return per unit of total volatility	2.43	1.58	+0.85
Sortino ratio: Return per unit of downside risk	3.34	2.32	+1.02
Omega ratio: Gain probability vs. loss probability	1.42	1.28	+0.14
Calmar ratio: Return relative to maximum drawdown	3.97	2.93	+1.04
Martin ratio: Return relative to average drawdown	14.09	7.40	+6.69

DUSA vs. OAKM - Sharpe Ratio Comparison

The current DUSA Sharpe Ratio is 2.43, which is higher than the OAKM Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of DUSA and OAKM, 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

DUSA vs. OAKM - Drawdown Comparison

The maximum DUSA drawdown since its inception was -36.71%, which is greater than OAKM's maximum drawdown of -15.24%. Use the drawdown chart below to compare losses from any high point for DUSA and OAKM.

Drawdown Indicators

	DUSA	OAKM	Difference
Max Drawdown Largest peak-to-trough decline	-36.71%	-15.24%	-21.47%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-7.19%	-0.40%
Max Drawdown (3Y) Largest decline over 3 years	-16.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.48%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.62%	-2.70%	-3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.85%	-0.72%

Volatility

DUSA vs. OAKM - Volatility Comparison

The current volatility for Davis Select U.S. Equity ETF (DUSA) is 2.90%, while Oakmark U.S. Large Cap ETF (OAKM) has a volatility of 4.05%. This indicates that DUSA experiences smaller price fluctuations and is considered to be less risky than OAKM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUSA	OAKM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	4.05%	-1.15%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	9.70%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	12.41%	13.39%	-0.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.52%	16.30%	+2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.73%	16.30%	+3.43%

DUSA vs. OAKM - Expense Ratio Comparison

DUSA has a 0.62% expense ratio, which is higher than OAKM's 0.59% expense ratio.

Dividends

DUSA vs. OAKM - Dividend Comparison

DUSA's dividend yield for the trailing twelve months is around 0.84%, more than OAKM's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DUSA Davis Select U.S. Equity ETF	0.84%	0.96%	0.85%	3.38%	1.21%	1.12%	0.51%	1.12%	2.77%	0.68%
OAKM Oakmark U.S. Large Cap ETF	0.62%	0.67%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DUSA and OAKM in my portfolio?

DUSA and OAKM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUSA or OAKM?

OAKM has higher volatility (4.05%) compared to DUSA (2.90%). In terms of maximum drawdown, DUSA dropped -36.71% vs OAKM's -15.24%.

Which ETF is better, DUSA or OAKM?

On 1-year performance, DUSA leads with 29.99% vs 20.99% for OAKM. On fees, OAKM is cheaper at 0.59% per year. On volatility, DUSA has been the lower-risk option at 2.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUSA or OAKM?

Over the 1-year period, DUSA has performed better with a 29.99% return vs 20.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUSA or OAKM?

OAKM is cheaper with a 0.59% expense ratio, compared with 0.62% for DUSA.

Which ETF pays a higher dividend yield, DUSA or OAKM?

DUSA has the higher dividend yield at 0.84%, compared with 0.62% for OAKM.

What is the main difference between DUSA and OAKM?

DUSA is categorized as Large Cap Blend Equities, while OAKM is Large Cap Value Equities. They also come from different issuers: Davis and Oakmark. Their fees differ too: 0.62% for DUSA and 0.59% for OAKM.

Which has better risk-adjusted returns?

DUSA currently has the higher Sharpe Ratio (2.43 vs 1.58), 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.