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.
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.
Performance
OAKGX vs. SPY - Performance Comparison
Loading data...
Key characteristics
OAKGX:
0.45
SPY:
0.70
OAKGX:
0.60
SPY:
1.02
OAKGX:
1.08
SPY:
1.15
OAKGX:
0.29
SPY:
0.68
OAKGX:
1.51
SPY:
2.57
OAKGX:
3.96%
SPY:
4.93%
OAKGX:
17.85%
SPY:
20.42%
OAKGX:
-63.18%
SPY:
-55.19%
OAKGX:
-6.88%
SPY:
-3.55%
Returns By Period
In the year-to-date period, OAKGX achieves a 7.21% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, OAKGX has underperformed SPY with an annualized return of 2.52%, while SPY has yielded a comparatively higher 12.73% annualized return.
OAKGX
7.21%
4.61%
3.70%
8.04%
5.33%
10.20%
2.52%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
Dividends
OAKGX vs. SPY - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 1.11%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | 1.11% | 1.19% | 4.35% | 0.75% | 9.25% | 0.16% | 3.71% | 14.80% | 7.50% | 1.07% | 2.87% | 7.18% |
SPY SPDR S&P 500 ETF | 1.22% | 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.
Loading data...
Volatility
OAKGX vs. SPY - Volatility Comparison
The current volatility for Oakmark Global Fund (OAKGX) is 4.27%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. 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.
Loading data...