Correlation
The correlation between OAKGX and SWPPX 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. SWPPX
Compare and contrast key facts about Oakmark Global Fund (OAKGX) and Schwab S&P 500 Index Fund (SWPPX).
OAKGX is managed by Oakmark. It was launched on Aug 3, 1999. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKGX or SWPPX.
Performance
OAKGX vs. SWPPX - Performance Comparison
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Key characteristics
OAKGX:
0.45
SWPPX:
0.73
OAKGX:
0.60
SWPPX:
1.04
OAKGX:
1.08
SWPPX:
1.15
OAKGX:
0.29
SWPPX:
0.69
OAKGX:
1.51
SWPPX:
2.62
OAKGX:
3.96%
SWPPX:
4.92%
OAKGX:
17.85%
SWPPX:
19.76%
OAKGX:
-63.18%
SWPPX:
-55.06%
OAKGX:
-6.88%
SWPPX:
-3.42%
Returns By Period
In the year-to-date period, OAKGX achieves a 7.21% return, which is significantly higher than SWPPX's 1.05% return. Over the past 10 years, OAKGX has underperformed SWPPX with an annualized return of 2.52%, while SWPPX has yielded a comparatively higher 12.80% annualized return.
OAKGX
7.21%
4.61%
3.70%
8.04%
5.33%
10.20%
2.52%
SWPPX
1.05%
6.29%
-1.37%
14.40%
14.37%
15.91%
12.80%
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OAKGX vs. SWPPX - Expense Ratio Comparison
OAKGX has a 1.11% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
OAKGX vs. SWPPX — Risk-Adjusted Performance Rank
OAKGX
SWPPX
OAKGX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Fund (OAKGX) and Schwab S&P 500 Index Fund (SWPPX). 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.
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Dividends
OAKGX vs. SWPPX - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 1.11%, less than SWPPX'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% |
SWPPX Schwab S&P 500 Index Fund | 1.22% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% | 1.80% |
Drawdowns
OAKGX vs. SWPPX - Drawdown Comparison
The maximum OAKGX drawdown since its inception was -63.18%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for OAKGX and SWPPX.
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Volatility
OAKGX vs. SWPPX - Volatility Comparison
The current volatility for Oakmark Global Fund (OAKGX) is 4.27%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.77%. This indicates that OAKGX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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