OAKGX vs. IHF
Compare and contrast key facts about Oakmark Global Fund (OAKGX) and iShares U.S. Healthcare Providers ETF (IHF).
OAKGX is managed by Oakmark. It was launched on Aug 3, 1999. IHF is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Health Care Providers Index. It was launched on May 5, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKGX or IHF.
Key characteristics
| OAKGX | IHF | |
|---|---|---|
| YTD Return | 4.85% | 9.70% |
| 1Y Return | 9.18% | 19.87% |
| 3Y Return (Ann) | 4.80% | 6.67% |
| 5Y Return (Ann) | 9.49% | 15.57% |
| 10Y Return (Ann) | 6.99% | 15.15% |
| Sharpe Ratio | 0.58 | 1.46 |
| Daily Std Dev | 14.57% | 13.64% |
| Max Drawdown | -58.38% | -58.83% |
| Current Drawdown | -1.96% | -2.06% |
Correlation
The correlation between OAKGX and IHF is 0.59, 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. IHF - Performance Comparison
In the year-to-date period, OAKGX achieves a 4.85% return, which is significantly lower than IHF's 9.70% return. Over the past 10 years, OAKGX has underperformed IHF with an annualized return of 6.99%, while IHF has yielded a comparatively higher 15.15% 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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OAKGX vs. IHF - Expense Ratio Comparison
OAKGX has a 1.11% expense ratio, which is higher than IHF's 0.43% expense ratio.
Risk-Adjusted Performance
OAKGX vs. IHF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Fund (OAKGX) and iShares U.S. Healthcare Providers ETF (IHF). 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. IHF - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 4.15%, more than IHF's 0.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | 4.15% | 4.35% | 0.75% | 17.98% | 0.16% | 3.71% | 14.96% | 7.60% | 1.21% | 2.97% | 7.25% | 4.35% |
IHF iShares U.S. Healthcare Providers ETF | 0.74% | 0.79% | 1.27% | 0.56% | 0.53% | 0.58% | 4.01% | 0.19% | 0.25% | 0.20% | 0.18% | 0.23% |
Drawdowns
OAKGX vs. IHF - Drawdown Comparison
The maximum OAKGX drawdown since its inception was -58.38%, roughly equal to the maximum IHF drawdown of -58.83%. Use the drawdown chart below to compare losses from any high point for OAKGX and IHF. For additional features, visit the drawdowns tool.
Volatility
OAKGX vs. IHF - Volatility Comparison
Oakmark Global Fund (OAKGX) has a higher volatility of 3.84% compared to iShares U.S. Healthcare Providers ETF (IHF) at 2.87%. This indicates that OAKGX's price experiences larger fluctuations and is considered to be riskier than IHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.