MSTQX vs. RCKSX

Last updated Apr 2, 2026

Compare and contrast key facts about Morningstar U.S. Equity Fund (MSTQX) and Rock Oak Core Growth Fund (RCKSX).

MSTQX is managed by Morningstar. It was launched on Nov 2, 2018. RCKSX is managed by Oak Associates. It was launched on Dec 31, 2004.

Performance

MSTQX vs. RCKSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morningstar U.S. Equity Fund (MSTQX) and Rock Oak Core Growth Fund (RCKSX). The values are adjusted to include any dividend payments, if applicable.

MSTQX vs. RCKSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MSTQX Morningstar U.S. Equity Fund	-3.68%	-5.56%	18.94%	25.24%	-16.29%	26.15%	10.49%	26.02%	-10.45%
RCKSX Rock Oak Core Growth Fund	7.71%	12.99%	15.12%	15.57%	-18.09%	9.96%	13.75%	19.05%	-11.23%

Returns By Period

In the year-to-date period, MSTQX achieves a -3.68% return, which is significantly lower than RCKSX's 7.71% return.

MSTQX

• 1D: 2.40%
• 1M: -5.58%
• YTD: -3.68%
• 6M: -18.05%
• 1Y: -6.17%
• 3Y*: 8.23%
• 5Y*: 5.24%
• 10Y*: —

RCKSX

• 1D: 1.56%
• 1M: -1.74%
• YTD: 7.71%
• 6M: 8.21%
• 1Y: 22.14%
• 3Y*: 17.13%
• 5Y*: 5.93%
• 10Y*: 10.38%

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

MSTQX vs. RCKSX - Expense Ratio Comparison

MSTQX has a 0.85% expense ratio, which is lower than RCKSX's 1.25% expense ratio.

RCKSX

Rock Oak Core Growth Fund

MSTQX

Morningstar U.S. Equity Fund

Return for Risk

MSTQX vs. RCKSX — Risk / Return Rank

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

MSTQX

MSTQX Risk / Return Rank: 2
MSTQX Sharpe Ratio Rank: 2
MSTQX Sortino Ratio Rank: 2
MSTQX Omega Ratio Rank: 2
MSTQX Calmar Ratio Rank: 2
MSTQX Martin Ratio Rank: 2

RCKSX

RCKSX Risk / Return Rank: 77
RCKSX Sharpe Ratio Rank: 73
RCKSX Sortino Ratio Rank: 77
RCKSX Omega Ratio Rank: 68
RCKSX Calmar Ratio Rank: 80
RCKSX Martin Ratio Rank: 90

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.

MSTQX vs. RCKSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morningstar U.S. Equity Fund (MSTQX) and Rock Oak Core Growth Fund (RCKSX). 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.

	MSTQX	RCKSX	Difference
Sharpe ratio Return per unit of total volatility	-0.29	1.40	-1.69
Sortino ratio Return per unit of downside risk	-0.21	2.06	-2.27
Omega ratio Gain probability vs. loss probability	0.96	1.28	-0.32
Calmar ratio Return relative to maximum drawdown	-0.47	2.09	-2.55
Martin ratio Return relative to average drawdown	-1.17	10.93	-12.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSTQX vs. RCKSX - Sharpe Ratio Comparison

The current MSTQX Sharpe Ratio is -0.29, which is lower than the RCKSX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of MSTQX and RCKSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MSTQX	RCKSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.29	1.40	-1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.38	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.37	+0.04

Correlation

The correlation between MSTQX and RCKSX is 0.83, 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.

Dividends

MSTQX vs. RCKSX - Dividend Comparison

MSTQX's dividend yield for the trailing twelve months is around 0.71%, less than RCKSX's 5.81% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSTQX Morningstar U.S. Equity Fund	0.71%	0.69%	10.80%	4.21%	9.79%	15.98%	2.15%	2.04%	0.17%	0.00%	0.00%	0.00%
RCKSX Rock Oak Core Growth Fund	5.81%	6.26%	0.47%	0.71%	1.00%	4.31%	16.56%	3.18%	0.59%	5.91%	0.70%	3.21%

Drawdowns

MSTQX vs. RCKSX - Drawdown Comparison

The maximum MSTQX drawdown since its inception was -36.23%, smaller than the maximum RCKSX drawdown of -57.88%. Use the drawdown chart below to compare losses from any high point for MSTQX and RCKSX.

Drawdown Indicators

	MSTQX	RCKSX	Difference
Max Drawdown Largest peak-to-trough decline	-36.23%	-57.88%	+21.65%
Max Drawdown (1Y) Largest decline over 1 year	-21.58%	-11.29%	-10.29%
Max Drawdown (5Y) Largest decline over 5 years	-23.61%	-23.50%	-0.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.10%	—
Current Drawdown Current decline from peak	-19.69%	-1.74%	-17.95%
Average Drawdown Average peak-to-trough decline	-6.08%	-9.58%	+3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.64%	2.16%	+6.48%

Volatility

MSTQX vs. RCKSX - Volatility Comparison

Morningstar U.S. Equity Fund (MSTQX) has a higher volatility of 4.37% compared to Rock Oak Core Growth Fund (RCKSX) at 3.72%. This indicates that MSTQX's price experiences larger fluctuations and is considered to be riskier than RCKSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSTQX	RCKSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	3.72%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	18.20%	8.88%	+9.32%
Volatility (1Y) Calculated over the trailing 1-year period	25.05%	16.40%	+8.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	15.78%	+2.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.87%	17.59%	+3.28%