OAKLX vs. IVV
Compare and contrast key facts about Oakmark Select Fund (OAKLX) and iShares Core S&P 500 ETF (IVV).
OAKLX is managed by Oakmark. It was launched on Nov 1, 1996. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKLX or IVV.
Key characteristics
| OAKLX | IVV | |
|---|---|---|
| YTD Return | 17.37% | 26.93% |
| 1Y Return | 31.72% | 35.02% |
| 3Y Return (Ann) | 8.17% | 10.23% |
| 5Y Return (Ann) | 14.78% | 15.77% |
| 10Y Return (Ann) | 6.40% | 13.40% |
| Sharpe Ratio | 2.36 | 3.09 |
| Sortino Ratio | 3.40 | 4.11 |
| Omega Ratio | 1.43 | 1.58 |
| Calmar Ratio | 4.35 | 4.48 |
| Martin Ratio | 10.68 | 20.29 |
| Ulcer Index | 3.32% | 1.86% |
| Daily Std Dev | 15.03% | 12.20% |
| Max Drawdown | -65.99% | -55.25% |
| Current Drawdown | -0.92% | -0.23% |
Correlation
The correlation between OAKLX and IVV is 0.85, 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. IVV - Performance Comparison
In the year-to-date period, OAKLX achieves a 17.37% return, which is significantly lower than IVV's 26.93% return. Over the past 10 years, OAKLX has underperformed IVV with an annualized return of 6.40%, while IVV has yielded a comparatively higher 13.40% 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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OAKLX vs. IVV - Expense Ratio Comparison
OAKLX has a 0.98% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
OAKLX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Select Fund (OAKLX) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
OAKLX's dividend yield for the trailing twelve months is around 0.43%, less than IVV's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKLX Oakmark Select Fund | 0.43% | 0.51% | 0.31% | 0.04% | 0.00% | 0.67% | 0.18% | 0.28% | 0.94% | 0.30% | 0.00% | 0.10% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
OAKLX vs. IVV - Drawdown Comparison
The maximum OAKLX drawdown since its inception was -65.99%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for OAKLX and IVV. For additional features, visit the drawdowns tool.
Volatility
OAKLX vs. IVV - Volatility Comparison
Oakmark Select Fund (OAKLX) has a higher volatility of 5.38% compared to iShares Core S&P 500 ETF (IVV) at 3.77%. This indicates that OAKLX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.