OAKGX vs. SPY
Compare and contrast key facts about Oakmark Global Fund (OAKGX) and State Street SPDR S&P 500 ETF (SPY).
OAKGX is managed by Oakmark. It was launched on Aug 3, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
OAKGX vs. SPY - Performance Comparison
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OAKGX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | -5.09% | 21.19% | 2.53% | 17.36% | -16.86% | 30.47% | 9.00% | 29.66% | -19.02% | 27.05% |
SPY State Street SPDR S&P 500 ETF | -3.56% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, OAKGX achieves a -5.09% return, which is significantly lower than SPY's -3.56% return. Over the past 10 years, OAKGX has underperformed SPY with an annualized return of 9.55%, while SPY has yielded a comparatively higher 14.11% annualized return.
OAKGX
- 1D
- 0.54%
- 1M
- -4.92%
- YTD
- -5.09%
- 6M
- -1.50%
- 1Y
- 9.77%
- 3Y*
- 7.78%
- 5Y*
- 5.96%
- 10Y*
- 9.55%
SPY
- 1D
- 0.09%
- 1M
- -3.34%
- YTD
- -3.56%
- 6M
- -1.44%
- 1Y
- 17.51%
- 3Y*
- 18.37%
- 5Y*
- 11.88%
- 10Y*
- 14.11%
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OAKGX vs. SPY - Expense Ratio Comparison
OAKGX has a 1.11% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
OAKGX vs. SPY — Risk / Return Rank
OAKGX
SPY
OAKGX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Fund (OAKGX) and State Street SPDR S&P 500 ETF (SPY). 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.
| OAKGX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 0.92 | -0.34 |
Sortino ratioReturn per unit of downside risk | 0.93 | 1.45 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.22 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.80 | 1.51 | -0.72 |
Martin ratioReturn relative to average drawdown | 2.87 | 7.11 | -4.25 |
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
| OAKGX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 0.92 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.70 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.79 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.56 | -0.09 |
Correlation
The correlation between OAKGX and SPY is 0.76, 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
OAKGX vs. SPY - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 1.17%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | 1.17% | 1.11% | 1.19% | 4.35% | 0.75% | 17.98% | 0.16% | 3.71% | 14.80% | 7.50% | 1.07% | 2.87% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
OAKGX vs. SPY - Drawdown Comparison
The maximum OAKGX drawdown since its inception was -60.43%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OAKGX and SPY.
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Drawdown Indicators
| OAKGX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.43% | -55.19% | -5.24% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -8.88% | -2.70% |
Max Drawdown (5Y)Largest decline over 5 years | -31.54% | -24.50% | -7.04% |
Max Drawdown (10Y)Largest decline over 10 years | -45.14% | -33.72% | -11.42% |
Current DrawdownCurrent decline from peak | -9.00% | -5.44% | -3.56% |
Average DrawdownAverage peak-to-trough decline | -9.41% | -9.09% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 2.57% | +0.99% |
Volatility
OAKGX vs. SPY - Volatility Comparison
The current volatility for Oakmark Global Fund (OAKGX) is 4.99%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.28%. This indicates that OAKGX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OAKGX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.99% | 5.28% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 9.88% | 9.49% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.80% | 19.06% | -1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.51% | 17.05% | +1.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.66% | 17.92% | +2.74% |