OAKGX vs. SPY
Compare and contrast key facts about Oakmark Global Fund (OAKGX) and 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKGX or SPY.
Correlation
The correlation between OAKGX and SPY is 0.77, 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.
Performance
OAKGX vs. SPY - Performance Comparison
Key characteristics
OAKGX:
0.22
SPY:
0.54
OAKGX:
0.44
SPY:
0.89
OAKGX:
1.06
SPY:
1.13
OAKGX:
0.19
SPY:
0.58
OAKGX:
0.96
SPY:
2.39
OAKGX:
4.12%
SPY:
4.51%
OAKGX:
17.73%
SPY:
20.07%
OAKGX:
-63.18%
SPY:
-55.19%
OAKGX:
-11.52%
SPY:
-10.54%
Returns By Period
In the year-to-date period, OAKGX achieves a 1.87% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, OAKGX has underperformed SPY with an annualized return of 1.89%, while SPY has yielded a comparatively higher 11.95% annualized return.
OAKGX
1.87%
-4.70%
-1.84%
2.98%
11.61%
1.89%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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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.
Risk-Adjusted Performance
OAKGX vs. SPY — Risk-Adjusted Performance Rank
OAKGX
SPY
OAKGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Fund (OAKGX) and 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.
Dividends
OAKGX vs. SPY - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 1.17%, less than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | 1.17% | 1.19% | 1.65% | 0.75% | 0.97% | 0.16% | 1.38% | 1.24% | 0.92% | 1.07% | 1.14% | 1.21% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
OAKGX vs. SPY - Drawdown Comparison
The maximum OAKGX drawdown since its inception was -63.18%, 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. For additional features, visit the drawdowns tool.
Volatility
OAKGX vs. SPY - Volatility Comparison
The current volatility for Oakmark Global Fund (OAKGX) is 12.48%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. 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.