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.
Key characteristics
| OAKGX | SWPPX | |
|---|---|---|
| YTD Return | 6.68% | 20.98% |
| 1Y Return | 11.50% | 31.67% |
| 3Y Return (Ann) | 6.32% | 11.17% |
| 5Y Return (Ann) | 9.96% | 15.67% |
| 10Y Return (Ann) | 7.27% | 13.13% |
| Sharpe Ratio | 0.76 | 2.37 |
| Daily Std Dev | 14.64% | 12.86% |
| Max Drawdown | -58.38% | -55.06% |
| Current Drawdown | -0.25% | 0.00% |
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.
Performance
OAKGX vs. SWPPX - Performance Comparison
In the year-to-date period, OAKGX achieves a 6.68% return, which is significantly lower than SWPPX's 20.98% return. Over the past 10 years, OAKGX has underperformed SWPPX with an annualized return of 7.27%, while SWPPX has yielded a comparatively higher 13.13% 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. 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 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.
Dividends
OAKGX vs. SWPPX - Dividend Comparison
OAKGX's dividend yield for the trailing twelve months is around 4.07%, more than SWPPX's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | 4.07% | 4.35% | 0.75% | 17.98% | 0.16% | 3.71% | 14.96% | 7.60% | 1.21% | 2.97% | 7.25% | 4.35% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
OAKGX vs. SWPPX - Drawdown Comparison
The maximum OAKGX drawdown since its inception was -58.38%, 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. For additional features, visit the drawdowns tool.
Volatility
OAKGX vs. SWPPX - Volatility Comparison
Oakmark Global Fund (OAKGX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 4.02% and 4.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.