OAKBX vs. SWPPX
Compare and contrast key facts about Oakmark Equity and Income Fund (OAKBX) and Schwab S&P 500 Index Fund (SWPPX).
OAKBX is managed by Oakmark. It was launched on Oct 31, 1995. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
OAKBX vs. SWPPX - Performance Comparison
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OAKBX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OAKBX Oakmark Equity and Income Fund | -3.14% | 11.05% | 8.73% | 17.39% | -12.94% | 29.12% | 8.68% | 19.39% | -8.38% | 14.43% |
SWPPX Schwab S&P 500 Index Fund | -4.39% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, OAKBX achieves a -3.14% return, which is significantly higher than SWPPX's -4.39% return. Over the past 10 years, OAKBX has underperformed SWPPX with an annualized return of 8.76%, while SWPPX has yielded a comparatively higher 14.04% annualized return.
OAKBX
- 1D
- 1.40%
- 1M
- -2.99%
- YTD
- -3.14%
- 6M
- -0.30%
- 1Y
- 6.42%
- 3Y*
- 9.96%
- 5Y*
- 6.82%
- 10Y*
- 8.76%
SWPPX
- 1D
- 2.88%
- 1M
- -5.04%
- YTD
- -4.39%
- 6M
- -2.17%
- 1Y
- 17.28%
- 3Y*
- 18.27%
- 5Y*
- 11.76%
- 10Y*
- 14.04%
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OAKBX vs. SWPPX - Expense Ratio Comparison
OAKBX has a 0.83% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Return for Risk
OAKBX vs. SWPPX — Risk / Return Rank
OAKBX
SWPPX
OAKBX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Equity and Income Fund (OAKBX) and Schwab S&P 500 Index Fund (SWPPX). 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.
| OAKBX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | 0.97 | -0.41 |
Sortino ratioReturn per unit of downside risk | 0.87 | 1.49 | -0.62 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.23 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.82 | 1.52 | -0.70 |
Martin ratioReturn relative to average drawdown | 2.96 | 7.29 | -4.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OAKBX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.97 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.70 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.77 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.48 | +0.36 |
Correlation
The correlation between OAKBX and SWPPX 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
OAKBX vs. SWPPX - Dividend Comparison
OAKBX's dividend yield for the trailing twelve months is around 2.28%, more than SWPPX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKBX Oakmark Equity and Income Fund | 2.28% | 2.16% | 2.05% | 2.28% | 1.44% | 14.26% | 4.17% | 9.07% | 10.05% | 8.09% | 4.13% | 6.53% |
SWPPX Schwab S&P 500 Index Fund | 1.16% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
OAKBX vs. SWPPX - Drawdown Comparison
The maximum OAKBX drawdown since its inception was -31.31%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for OAKBX and SWPPX.
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Drawdown Indicators
| OAKBX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.31% | -55.06% | +23.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.65% | -12.10% | +3.45% |
Max Drawdown (5Y)Largest decline over 5 years | -20.41% | -24.51% | +4.10% |
Max Drawdown (10Y)Largest decline over 10 years | -30.19% | -33.80% | +3.61% |
Current DrawdownCurrent decline from peak | -5.06% | -6.26% | +1.20% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -10.00% | +6.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.52% | -0.13% |
Volatility
OAKBX vs. SWPPX - Volatility Comparison
The current volatility for Oakmark Equity and Income Fund (OAKBX) is 3.16%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 5.36%. This indicates that OAKBX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OAKBX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 5.36% | -2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 6.55% | 9.55% | -3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.82% | 18.32% | -6.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.17% | 16.94% | -4.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.05% | 18.21% | -5.16% |