OAKLX vs. INDEX
Compare and contrast key facts about Oakmark Select Fund (OAKLX) and Index Funds S&P 500 Equal Weight (INDEX).
OAKLX is managed by Oakmark. It was launched on Nov 1, 1996. INDEX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKLX or INDEX.
Correlation
The correlation between OAKLX and INDEX is 0.88, 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
OAKLX vs. INDEX - Performance Comparison
Key characteristics
OAKLX:
1.18
INDEX:
1.26
OAKLX:
1.73
INDEX:
1.74
OAKLX:
1.22
INDEX:
1.23
OAKLX:
2.03
INDEX:
1.93
OAKLX:
4.70
INDEX:
7.53
OAKLX:
3.52%
INDEX:
2.15%
OAKLX:
14.01%
INDEX:
12.84%
OAKLX:
-65.99%
INDEX:
-38.82%
OAKLX:
-3.72%
INDEX:
-4.57%
Returns By Period
In the year-to-date period, OAKLX achieves a 2.03% return, which is significantly higher than INDEX's -0.20% return.
OAKLX
2.03%
-2.89%
8.41%
16.06%
16.29%
7.41%
INDEX
-0.20%
-3.32%
4.71%
16.17%
13.89%
N/A
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OAKLX vs. INDEX - Expense Ratio Comparison
OAKLX has a 0.98% expense ratio, which is higher than INDEX's 0.25% expense ratio.
Risk-Adjusted Performance
OAKLX vs. INDEX — Risk-Adjusted Performance Rank
OAKLX
INDEX
OAKLX vs. INDEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Select Fund (OAKLX) and Index Funds S&P 500 Equal Weight (INDEX). 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
OAKLX vs. INDEX - Dividend Comparison
OAKLX's dividend yield for the trailing twelve months is around 0.30%, less than INDEX's 1.34% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
OAKLX Oakmark Select Fund | 0.30% | 0.31% | 0.51% | 0.31% | 0.04% | 0.00% | 0.67% | 0.18% | 0.28% | 0.94% | 0.30% |
INDEX Index Funds S&P 500 Equal Weight | 1.34% | 1.34% | 1.56% | 1.21% | 1.09% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% |
Drawdowns
OAKLX vs. INDEX - Drawdown Comparison
The maximum OAKLX drawdown since its inception was -65.99%, which is greater than INDEX's maximum drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for OAKLX and INDEX. For additional features, visit the drawdowns tool.
Volatility
OAKLX vs. INDEX - Volatility Comparison
Oakmark Select Fund (OAKLX) and Index Funds S&P 500 Equal Weight (INDEX) have volatilities of 3.15% and 3.30%, 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.
User Portfolios with OAKLX or INDEX
Recent discussions
Start and end date for portfolio performance & analysis
Hi All
This is an amazing tool! The only feature that I can't see is the option to add a start and end date (month or year) for portfolio calculations (for example: from December 2024 to January 2025). Is that something I'm missing?
Thanks,
John
John Harrison
Basis of calculations: historical or modelled?
Hi,
I am new to Portfolioslab. I cannot find any statement describing whether returns and heat maps of users' and lazy's portfolios are based on actual historical data, or are simply modelled on the basis of current portfolio composition.
I would greatly appreciate a clarification.
Thanks
Luca
Transactional Portfolio Use
I am trying to understand how to make the best use of transactional portfolios. At first I thought it is useful when tracking the performance of a self-managed fund. You add cash to it, transact in equities, adding each transaction to the portfolio. It then shows you its performance wrt. to a benchmark. The broker does this for you anyway, but the whole reason I started evaluating Portfolioslab is so that I can separate my single broker account into thematic baskets ("thematic funds") and track their performance individually.
The transactional portfolio in Portfolioslab does not seem to work that way. It does not consider the changes in cash position, ie. any profit/loss made on equity transactions. It does not seem to be suited for track the assets of a fund, so to speak. What good is transactional portfolio then?
EG