OAKEX vs. SCZ
Compare and contrast key facts about Oakmark International Small Cap Fund (OAKEX) and iShares MSCI EAFE Small-Cap ETF (SCZ).
OAKEX is managed by Oakmark. It was launched on Oct 31, 1995. SCZ is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Small Cap Index. It was launched on Dec 10, 2007.
Performance
OAKEX vs. SCZ - Performance Comparison
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OAKEX vs. SCZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OAKEX Oakmark International Small Cap Fund | -8.12% | 29.51% | -3.00% | 19.59% | -14.50% | 17.90% | 5.00% | 31.91% | -23.71% | 26.03% |
SCZ iShares MSCI EAFE Small-Cap ETF | 2.77% | 32.08% | 1.52% | 12.98% | -21.27% | 10.12% | 11.71% | 24.68% | -17.64% | 32.72% |
Returns By Period
In the year-to-date period, OAKEX achieves a -8.12% return, which is significantly lower than SCZ's 2.77% return. Over the past 10 years, OAKEX has underperformed SCZ with an annualized return of 7.23%, while SCZ has yielded a comparatively higher 7.86% annualized return.
OAKEX
- 1D
- 2.49%
- 1M
- -8.66%
- YTD
- -8.12%
- 6M
- -6.97%
- 1Y
- 9.88%
- 3Y*
- 9.01%
- 5Y*
- 4.30%
- 10Y*
- 7.23%
SCZ
- 1D
- 1.62%
- 1M
- -5.41%
- YTD
- 2.77%
- 6M
- 5.64%
- 1Y
- 29.74%
- 3Y*
- 13.90%
- 5Y*
- 4.79%
- 10Y*
- 7.86%
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OAKEX vs. SCZ - Expense Ratio Comparison
OAKEX has a 1.34% expense ratio, which is higher than SCZ's 0.40% expense ratio.
Return for Risk
OAKEX vs. SCZ — Risk / Return Rank
OAKEX
SCZ
OAKEX vs. SCZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark International Small Cap Fund (OAKEX) and iShares MSCI EAFE Small-Cap ETF (SCZ). 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.
| OAKEX | SCZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 1.82 | -1.22 |
Sortino ratioReturn per unit of downside risk | 0.91 | 2.45 | -1.53 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.36 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 2.61 | -2.16 |
Martin ratioReturn relative to average drawdown | 1.55 | 10.13 | -8.58 |
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
| OAKEX | SCZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 1.82 | -1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.29 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.45 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.25 | +0.16 |
Correlation
The correlation between OAKEX and SCZ is 0.81, 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
OAKEX vs. SCZ - Dividend Comparison
OAKEX's dividend yield for the trailing twelve months is around 5.71%, more than SCZ's 3.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKEX Oakmark International Small Cap Fund | 5.71% | 5.24% | 6.38% | 1.83% | 1.89% | 0.61% | 1.87% | 0.21% | 8.93% | 3.64% | 3.09% | 5.06% |
SCZ iShares MSCI EAFE Small-Cap ETF | 3.21% | 3.30% | 3.50% | 2.96% | 1.99% | 2.96% | 1.52% | 3.52% | 2.79% | 2.38% | 2.82% | 2.06% |
Drawdowns
OAKEX vs. SCZ - Drawdown Comparison
The maximum OAKEX drawdown since its inception was -70.12%, which is greater than SCZ's maximum drawdown of -61.86%. Use the drawdown chart below to compare losses from any high point for OAKEX and SCZ.
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Drawdown Indicators
| OAKEX | SCZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.12% | -61.86% | -8.26% |
Max Drawdown (1Y)Largest decline over 1 year | -17.18% | -11.43% | -5.75% |
Max Drawdown (5Y)Largest decline over 5 years | -38.40% | -36.87% | -1.53% |
Max Drawdown (10Y)Largest decline over 10 years | -49.61% | -41.07% | -8.54% |
Current DrawdownCurrent decline from peak | -12.85% | -7.05% | -5.80% |
Average DrawdownAverage peak-to-trough decline | -13.53% | -13.16% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.98% | 2.94% | +2.04% |
Volatility
OAKEX vs. SCZ - Volatility Comparison
The current volatility for Oakmark International Small Cap Fund (OAKEX) is 6.45%, while iShares MSCI EAFE Small-Cap ETF (SCZ) has a volatility of 7.02%. This indicates that OAKEX experiences smaller price fluctuations and is considered to be less risky than SCZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OAKEX | SCZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 7.02% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 10.82% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.66% | 16.40% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.61% | 16.62% | +0.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.60% | 17.35% | +1.25% |