JFEAX vs. OAKIX

Last updated Jun 4, 2026

JFEAX (JPMorgan Developed International Value Fund Class A) and OAKIX (Oakmark International Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, JFEAX returned 10.27%/yr vs 7.40%/yr for OAKIX. Their correlation of 0.86 suggests significant overlap in exposure. JFEAX charges 1.00%/yr vs 1.04%/yr for OAKIX.

Performance

JFEAX vs. OAKIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Developed International Value Fund Class A (JFEAX) and Oakmark International Fund (OAKIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JFEAX achieves a 9.79% return, which is significantly higher than OAKIX's 1.69% return. Over the past 10 years, JFEAX has outperformed OAKIX with an annualized return of 10.27%, while OAKIX has yielded a comparatively lower 7.40% annualized return.

JFEAX

• 1D: 0.37%
• 1M: 2.45%
• YTD: 9.79%
• 6M: 13.75%
• 1Y: 31.93%
• 3Y*: 25.85%
• 5Y*: 14.17%
• 10Y*: 10.27%

OAKIX

• 1D: 0.76%
• 1M: 3.96%
• YTD: 1.69%
• 6M: 4.67%
• 1Y: 14.61%
• 3Y*: 10.13%
• 5Y*: 3.39%
• 10Y*: 7.40%

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

JFEAX vs. OAKIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JFEAX JPMorgan Developed International Value Fund Class A	9.79%	48.02%	9.57%	18.69%	-5.60%	16.26%	-4.33%	15.17%	-18.87%	21.63%
OAKIX Oakmark International Fund	1.69%	32.40%	-4.60%	18.86%	-15.72%	9.04%	4.92%	24.24%	-23.41%	29.73%

Correlation

The correlation between JFEAX and OAKIX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Sep 28, 2001	0.86

The correlation between JFEAX and OAKIX shifts across timeframes, from 0.70 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JFEAX vs. OAKIX — Risk / Return Rank

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

JFEAX

JFEAX Risk / Return Rank: 53
JFEAX Sharpe Ratio Rank: 56
JFEAX Sortino Ratio Rank: 52
JFEAX Omega Ratio Rank: 52
JFEAX Calmar Ratio Rank: 53
JFEAX Martin Ratio Rank: 51

OAKIX

OAKIX Risk / Return Rank: 12
OAKIX Sharpe Ratio Rank: 13
OAKIX Sortino Ratio Rank: 12
OAKIX Omega Ratio Rank: 13
OAKIX Calmar Ratio Rank: 10
OAKIX Martin Ratio Rank: 10

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.

JFEAX vs. OAKIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Developed International Value Fund Class A (JFEAX) 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.

	JFEAX	OAKIX	Difference
Sharpe ratio: Return per unit of total volatility	2.22	0.97	+1.25
Sortino ratio: Return per unit of downside risk	3.04	1.42	+1.62
Omega ratio: Gain probability vs. loss probability	1.40	1.18	+0.22
Calmar ratio: Return relative to maximum drawdown	2.80	1.00	+1.80
Martin ratio: Return relative to average drawdown	10.46	3.15	+7.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JFEAX vs. OAKIX - Sharpe Ratio Comparison

The current JFEAX Sharpe Ratio is 2.22, which is higher than the OAKIX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of JFEAX and OAKIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JFEAX	OAKIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	0.97	+1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.18	+0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.35	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.42	-0.07

Drawdowns

JFEAX vs. OAKIX - Drawdown Comparison

The maximum JFEAX drawdown since its inception was -62.44%, roughly equal to the maximum OAKIX drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for JFEAX and OAKIX.

Drawdown Indicators

	JFEAX	OAKIX	Difference
Max Drawdown Largest peak-to-trough decline	-62.44%	-65.18%	+2.74%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-14.35%	+3.33%
Max Drawdown (3Y) Largest decline over 3 years	-13.64%	-18.72%	+5.08%
Max Drawdown (5Y) Largest decline over 5 years	-27.71%	-38.00%	+10.29%
Max Drawdown (10Y) Largest decline over 10 years	-48.74%	-53.05%	+4.31%
Current Drawdown Current decline from peak	-2.55%	-3.98%	+1.43%
Average Drawdown Average peak-to-trough decline	-14.89%	-11.71%	-3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	4.53%	-1.59%

Volatility

JFEAX vs. OAKIX - Volatility Comparison

The current volatility for JPMorgan Developed International Value Fund Class A (JFEAX) is 4.02%, while Oakmark International Fund (OAKIX) has a volatility of 4.52%. This indicates that JFEAX experiences smaller price fluctuations and is considered to be less risky than OAKIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JFEAX	OAKIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	4.52%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	11.14%	11.23%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	13.95%	14.74%	-0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.17%	19.13%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.99%	21.35%	-3.36%

JFEAX vs. OAKIX - Expense Ratio Comparison

JFEAX has a 1.00% expense ratio, which is lower than OAKIX's 1.04% expense ratio.

Dividends

JFEAX vs. OAKIX - Dividend Comparison

JFEAX's dividend yield for the trailing twelve months is around 2.51%, more than OAKIX's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JFEAX JPMorgan Developed International Value Fund Class A	2.51%	2.76%	4.26%	4.94%	3.68%	4.79%	2.75%	3.96%	4.12%	2.14%	5.75%	1.11%
OAKIX Oakmark International Fund	1.81%	1.84%	2.46%	1.85%	2.97%	1.23%	0.33%	1.81%	7.15%	3.04%	1.48%	5.06%

Frequently Asked Questions

Can I hold both JFEAX and OAKIX in my portfolio?

JFEAX and OAKIX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JFEAX or OAKIX?

OAKIX has higher volatility (4.52%) compared to JFEAX (4.02%). In terms of maximum drawdown, JFEAX dropped -62.44% vs OAKIX's -65.18%.

Which has better risk-adjusted returns?

JFEAX currently has the higher Sharpe Ratio (2.22 vs 0.97), 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.