GABAX vs. OAKMX
Compare and contrast key facts about Gabelli Asset Fund (GABAX) and Oakmark Fund Investor Class (OAKMX).
GABAX is managed by Gabelli. It was launched on Mar 3, 1986. 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: GABAX or OAKMX.
Correlation
The correlation between GABAX and OAKMX is 0.89, 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
GABAX vs. OAKMX - Performance Comparison
Key characteristics
GABAX:
-0.47
OAKMX:
0.23
GABAX:
-0.46
OAKMX:
0.44
GABAX:
0.92
OAKMX:
1.06
GABAX:
-0.25
OAKMX:
0.25
GABAX:
-0.96
OAKMX:
0.95
GABAX:
10.22%
OAKMX:
4.43%
GABAX:
21.08%
OAKMX:
18.62%
GABAX:
-58.01%
OAKMX:
-56.19%
GABAX:
-32.54%
OAKMX:
-9.30%
Returns By Period
In the year-to-date period, GABAX achieves a -0.44% return, which is significantly higher than OAKMX's -3.58% return. Over the past 10 years, GABAX has underperformed OAKMX with an annualized return of -3.52%, while OAKMX has yielded a comparatively higher 11.21% annualized return.
GABAX
-0.44%
-1.26%
-14.83%
-9.22%
-0.53%
-3.52%
OAKMX
-3.58%
-3.82%
-3.31%
4.50%
18.66%
11.21%
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GABAX vs. OAKMX - Expense Ratio Comparison
GABAX has a 1.33% expense ratio, which is higher than OAKMX's 0.91% expense ratio.
Risk-Adjusted Performance
GABAX vs. OAKMX — Risk-Adjusted Performance Rank
GABAX
OAKMX
GABAX vs. OAKMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Asset Fund (GABAX) 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
GABAX vs. OAKMX - Dividend Comparison
GABAX's dividend yield for the trailing twelve months is around 0.40%, less than OAKMX's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABAX Gabelli Asset Fund | 0.40% | 0.39% | 0.33% | 0.18% | 0.33% | 0.31% | 0.42% | 0.35% | 0.15% | 0.78% | 0.40% | 0.27% |
OAKMX Oakmark Fund Investor Class | 1.16% | 1.12% | 1.02% | 0.92% | 1.94% | 0.17% | 8.33% | 8.13% | 4.06% | 2.58% | 1.43% | 6.86% |
Drawdowns
GABAX vs. OAKMX - Drawdown Comparison
The maximum GABAX drawdown since its inception was -58.01%, roughly equal to the maximum OAKMX drawdown of -56.19%. Use the drawdown chart below to compare losses from any high point for GABAX and OAKMX. For additional features, visit the drawdowns tool.
Volatility
GABAX vs. OAKMX - Volatility Comparison
The current volatility for Gabelli Asset Fund (GABAX) is 11.02%, while Oakmark Fund Investor Class (OAKMX) has a volatility of 13.51%. This indicates that GABAX 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.