OAKLX vs. OAKMX
Compare and contrast key facts about Oakmark Select Fund (OAKLX) and Oakmark Fund Investor Class (OAKMX).
OAKLX is managed by Oakmark. It was launched on Nov 1, 1996. OAKMX is managed by Oakmark. It was launched on Aug 5, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKLX or OAKMX.
Key characteristics
| OAKLX | OAKMX | |
|---|---|---|
| YTD Return | 16.72% | 19.58% |
| 1Y Return | 36.30% | 36.78% |
| 3Y Return (Ann) | 7.99% | 10.10% |
| 5Y Return (Ann) | 14.55% | 16.47% |
| 10Y Return (Ann) | 6.32% | 12.34% |
| Sharpe Ratio | 2.29 | 2.71 |
| Sortino Ratio | 3.30 | 3.81 |
| Omega Ratio | 1.41 | 1.48 |
| Calmar Ratio | 4.06 | 4.77 |
| Martin Ratio | 10.39 | 14.48 |
| Ulcer Index | 3.32% | 2.46% |
| Daily Std Dev | 15.07% | 13.15% |
| Max Drawdown | -65.99% | -56.19% |
| Current Drawdown | -0.77% | -1.00% |
Correlation
The correlation between OAKLX and OAKMX is 0.92, 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. OAKMX - Performance Comparison
In the year-to-date period, OAKLX achieves a 16.72% return, which is significantly lower than OAKMX's 19.58% return. Over the past 10 years, OAKLX has underperformed OAKMX with an annualized return of 6.32%, while OAKMX has yielded a comparatively higher 12.34% 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. OAKMX - Expense Ratio Comparison
OAKLX has a 0.98% expense ratio, which is higher than OAKMX's 0.91% expense ratio.
Risk-Adjusted Performance
OAKLX vs. OAKMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Select Fund (OAKLX) and Oakmark Fund Investor Class (OAKMX). 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. OAKMX - Dividend Comparison
OAKLX's dividend yield for the trailing twelve months is around 0.43%, less than OAKMX's 0.85% 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% |
OAKMX Oakmark Fund Investor Class | 0.85% | 1.02% | 0.92% | 0.52% | 0.17% | 0.81% | 0.73% | 0.47% | 1.06% | 0.95% | 0.64% | 0.50% |
Drawdowns
OAKLX vs. OAKMX - Drawdown Comparison
The maximum OAKLX drawdown since its inception was -65.99%, which is greater than OAKMX's maximum drawdown of -56.19%. Use the drawdown chart below to compare losses from any high point for OAKLX and OAKMX. For additional features, visit the drawdowns tool.
Volatility
OAKLX vs. OAKMX - Volatility Comparison
Oakmark Select Fund (OAKLX) has a higher volatility of 5.18% compared to Oakmark Fund Investor Class (OAKMX) at 4.80%. This indicates that OAKLX's price experiences larger fluctuations and is considered to be riskier than OAKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.