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.
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
Key characteristics
OAKLX:
1.11
IVV:
2.25
OAKLX:
1.64
IVV:
2.98
OAKLX:
1.21
IVV:
1.42
OAKLX:
1.99
IVV:
3.32
OAKLX:
4.76
IVV:
14.68
OAKLX:
3.41%
IVV:
1.90%
OAKLX:
14.58%
IVV:
12.43%
OAKLX:
-65.99%
IVV:
-55.25%
OAKLX:
-5.46%
IVV:
-2.52%
Returns By Period
In the year-to-date period, OAKLX achieves a 13.96% return, which is significantly lower than IVV's 25.92% return. Over the past 10 years, OAKLX has underperformed IVV with an annualized return of 7.21%, while IVV has yielded a comparatively higher 13.05% annualized return.
OAKLX
13.96%
-2.28%
15.11%
14.79%
13.39%
7.21%
IVV
25.92%
0.33%
9.27%
26.64%
14.77%
13.05%
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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 has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.29%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKLX Oakmark Select Fund | 0.00% | 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 | 1.29% | 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 4.88% compared to iShares Core S&P 500 ETF (IVV) at 3.75%. 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.