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 managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKBX or SWPPX.
Key characteristics
| OAKBX | SWPPX | |
|---|---|---|
| YTD Return | 7.59% | 19.30% |
| 1Y Return | 15.43% | 28.44% |
| 3Y Return (Ann) | 6.38% | 10.04% |
| 5Y Return (Ann) | 10.16% | 15.25% |
| 10Y Return (Ann) | 7.60% | 12.88% |
| Sharpe Ratio | 1.65 | 2.23 |
| Daily Std Dev | 9.37% | 12.76% |
| Max Drawdown | -31.31% | -55.06% |
| Current Drawdown | -0.19% | -0.33% |
Correlation
The correlation between OAKBX and SWPPX is 0.84, 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
OAKBX vs. SWPPX - Performance Comparison
In the year-to-date period, OAKBX achieves a 7.59% return, which is significantly lower than SWPPX's 19.30% return. Over the past 10 years, OAKBX has underperformed SWPPX with an annualized return of 7.60%, while SWPPX has yielded a comparatively higher 12.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Risk-Adjusted Performance
OAKBX vs. SWPPX - Risk-Adjusted Performance 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.
Dividends
OAKBX vs. SWPPX - Dividend Comparison
OAKBX's dividend yield for the trailing twelve months is around 3.13%, more than SWPPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKBX Oakmark Equity and Income Fund | 3.13% | 2.28% | 1.44% | 14.26% | 4.17% | 9.07% | 10.05% | 8.09% | 4.13% | 6.53% | 9.37% | 8.31% |
SWPPX Schwab S&P 500 Index Fund | 1.20% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
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. For additional features, visit the drawdowns tool.
Volatility
OAKBX vs. SWPPX - Volatility Comparison
The current volatility for Oakmark Equity and Income Fund (OAKBX) is 2.31%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.05%. 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.