OAKGX vs. ARKK
Compare and contrast key facts about Oakmark Global Fund (OAKGX) and ARK Innovation ETF (ARKK).
OAKGX is managed by Oakmark. It was launched on Aug 3, 1999. ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKGX or ARKK.
Key characteristics
| OAKGX | ARKK | |
|---|---|---|
| YTD Return | 6.68% | -9.45% |
| 1Y Return | 11.50% | 16.28% |
| 3Y Return (Ann) | 6.32% | -25.46% |
| 5Y Return (Ann) | 9.96% | 1.91% |
| Sharpe Ratio | 0.76 | 0.39 |
| Daily Std Dev | 14.64% | 36.51% |
| Max Drawdown | -58.38% | -80.91% |
| Current Drawdown | -0.25% | -69.21% |
Correlation
The correlation between OAKGX and ARKK is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OAKGX vs. ARKK - Performance Comparison
In the year-to-date period, OAKGX achieves a 6.68% return, which is significantly higher than ARKK's -9.45% 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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OAKGX vs. ARKK - Expense Ratio Comparison
OAKGX has a 1.11% expense ratio, which is higher than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
OAKGX vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Fund (OAKGX) and ARK Innovation ETF (ARKK). 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
OAKGX vs. ARKK - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 4.07%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | 4.07% | 4.35% | 0.75% | 17.98% | 0.16% | 3.71% | 14.96% | 7.60% | 1.21% | 2.97% | 7.25% | 4.35% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% | 0.00% |
Drawdowns
OAKGX vs. ARKK - Drawdown Comparison
The maximum OAKGX drawdown since its inception was -58.38%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for OAKGX and ARKK. For additional features, visit the drawdowns tool.
Volatility
OAKGX vs. ARKK - Volatility Comparison
The current volatility for Oakmark Global Fund (OAKGX) is 4.02%, while ARK Innovation ETF (ARKK) has a volatility of 10.79%. This indicates that OAKGX experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.