OAKIX vs. SPY
Compare and contrast key facts about Oakmark International Fund (OAKIX) and SPDR S&P 500 ETF (SPY).
OAKIX is managed by Oakmark. It was launched on Sep 29, 1992. 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: OAKIX or SPY.
Correlation
The correlation between OAKIX and SPY is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OAKIX vs. SPY - Performance Comparison
Key characteristics
OAKIX:
-0.39
SPY:
2.03
OAKIX:
-0.44
SPY:
2.71
OAKIX:
0.95
SPY:
1.38
OAKIX:
-0.36
SPY:
3.02
OAKIX:
-1.16
SPY:
13.49
OAKIX:
5.01%
SPY:
1.88%
OAKIX:
14.74%
SPY:
12.48%
OAKIX:
-60.45%
SPY:
-55.19%
OAKIX:
-15.92%
SPY:
-3.54%
Returns By Period
In the year-to-date period, OAKIX achieves a -7.56% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, OAKIX has underperformed SPY with an annualized return of 3.12%, while SPY has yielded a comparatively higher 12.94% annualized return.
OAKIX
-7.56%
-3.09%
-4.32%
-6.73%
1.27%
3.12%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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OAKIX vs. SPY - Expense Ratio Comparison
OAKIX has a 1.04% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
OAKIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark International Fund (OAKIX) 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
OAKIX vs. SPY - Dividend Comparison
OAKIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKIX Oakmark International Fund | 0.00% | 1.84% | 2.97% | 1.23% | 0.33% | 1.81% | 2.14% | 1.35% | 1.48% | 2.32% | 2.16% | 1.66% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
OAKIX vs. SPY - Drawdown Comparison
The maximum OAKIX drawdown since its inception was -60.45%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OAKIX and SPY. For additional features, visit the drawdowns tool.
Volatility
OAKIX vs. SPY - Volatility Comparison
Oakmark International Fund (OAKIX) has a higher volatility of 5.00% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that OAKIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.