OAKGX vs. CGDG
OAKGX (Oakmark Global Fund) and CGDG (Capital Group Dividend Growers ETF) are both Global Equities funds. Over the past year, OAKGX returned 10.20% vs 13.75% for CGDG. A 0.78 correlation means they provide meaningful diversification when combined. OAKGX charges 1.11%/yr vs 0.47%/yr for CGDG.
Performance
OAKGX vs. CGDG - Performance Comparison
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Returns By Period
In the year-to-date period, OAKGX achieves a -0.87% return, which is significantly lower than CGDG's 5.07% return.
OAKGX
- 1D
- -1.97%
- 1M
- -2.10%
- YTD
- -0.87%
- 6M
- -0.92%
- 1Y
- 10.20%
- 3Y*
- 8.79%
- 5Y*
- 5.61%
- 10Y*
- 10.36%
CGDG
- 1D
- 0.00%
- 1M
- -0.53%
- YTD
- 5.07%
- 6M
- 4.44%
- 1Y
- 13.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OAKGX vs. CGDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
OAKGX Oakmark Global Fund | -0.87% | 21.19% | 2.53% | 8.36% |
CGDG Capital Group Dividend Growers ETF | 5.07% | 22.74% | 11.52% | 10.17% |
Correlation
The correlation between OAKGX and CGDG is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023 | 0.78 |
The correlation between OAKGX and CGDG has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.
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Return for Risk
OAKGX vs. CGDG — Risk / Return Rank
OAKGX
CGDG
OAKGX vs. CGDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Fund (OAKGX) and Capital Group Dividend Growers ETF (CGDG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OAKGX | CGDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.23 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 1.79 | -0.78 |
| Martin ratioReturn relative to average drawdown | 3.19 | 6.86 | -3.68 |
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Drawdowns
OAKGX vs. CGDG - Drawdown Comparison
The maximum OAKGX drawdown since its inception was -60.43%, which is greater than CGDG's maximum drawdown of -10.52%. Use the drawdown chart below to compare losses from any high point for OAKGX and CGDG.
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Drawdown Indicators
| OAKGX | CGDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.43% | -10.52% | -49.91% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -7.72% | -3.86% |
Max Drawdown (3Y)Largest decline over 3 years | -15.75% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.14% | — | — |
Current DrawdownCurrent decline from peak | -4.96% | -1.43% | -3.53% |
Average DrawdownAverage peak-to-trough decline | -9.37% | -1.31% | -8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 2.01% | +1.65% |
Volatility
OAKGX vs. CGDG - Volatility Comparison
Oakmark Global Fund (OAKGX) has a higher volatility of 4.46% compared to Capital Group Dividend Growers ETF (CGDG) at 2.95%. This indicates that OAKGX's price experiences larger fluctuations and is considered to be riskier than CGDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OAKGX | CGDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 2.95% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 10.39% | 8.49% | +1.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.81% | 10.81% | +3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.56% | 12.14% | +6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.51% | 12.14% | +8.37% |
OAKGX vs. CGDG - Expense Ratio Comparison
OAKGX has a 1.11% expense ratio, which is higher than CGDG's 0.47% expense ratio.
Dividends
OAKGX vs. CGDG - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 1.12%, less than CGDG's 1.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGDG Capital Group Dividend Growers ETF | 1.88% | 1.95% | 2.15% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OAKGX Oakmark Global Fund | 1.12% | 1.11% | 1.19% | 4.35% | 0.75% | 17.98% | 0.16% | 3.71% | 14.80% | 7.50% | 1.07% | 2.87% |
Frequently Asked Questions
OAKGX and CGDG have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OAKGX has higher volatility (4.46%) compared to CGDG (2.95%). In terms of maximum drawdown, OAKGX dropped -60.43% vs CGDG's -10.52%.
CGDG currently has the higher Sharpe Ratio (1.28 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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