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OAKLX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OAKLX and QQQ is 0.69, 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.


-0.50.00.51.00.7

Performance

OAKLX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark Select Fund (OAKLX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
13.92%
7.59%
OAKLX
QQQ

Key characteristics

Sharpe Ratio

OAKLX:

0.88

QQQ:

1.54

Sortino Ratio

OAKLX:

1.32

QQQ:

2.06

Omega Ratio

OAKLX:

1.17

QQQ:

1.28

Calmar Ratio

OAKLX:

1.58

QQQ:

2.03

Martin Ratio

OAKLX:

3.79

QQQ:

7.34

Ulcer Index

OAKLX:

3.40%

QQQ:

3.75%

Daily Std Dev

OAKLX:

14.61%

QQQ:

17.90%

Max Drawdown

OAKLX:

-65.99%

QQQ:

-82.98%

Current Drawdown

OAKLX:

-6.76%

QQQ:

-4.03%

Returns By Period

In the year-to-date period, OAKLX achieves a 12.38% return, which is significantly lower than QQQ's 26.66% return. Over the past 10 years, OAKLX has underperformed QQQ with an annualized return of 7.18%, while QQQ has yielded a comparatively higher 18.30% annualized return.


OAKLX

YTD

12.38%

1M

-3.10%

6M

13.92%

1Y

14.65%

5Y*

13.08%

10Y*

7.18%

QQQ

YTD

26.66%

1M

3.29%

6M

6.76%

1Y

26.84%

5Y*

20.38%

10Y*

18.30%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OAKLX vs. QQQ - Expense Ratio Comparison

OAKLX has a 0.98% expense ratio, which is higher than QQQ's 0.20% expense ratio.


OAKLX
Oakmark Select Fund
Expense ratio chart for OAKLX: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

OAKLX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark Select Fund (OAKLX) and Invesco QQQ (QQQ). 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.


Sharpe ratio
The chart of Sharpe ratio for OAKLX, currently valued at 0.88, compared to the broader market-1.000.001.002.003.004.000.881.50
The chart of Sortino ratio for OAKLX, currently valued at 1.32, compared to the broader market-2.000.002.004.006.008.0010.001.322.02
The chart of Omega ratio for OAKLX, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.003.501.171.27
The chart of Calmar ratio for OAKLX, currently valued at 1.58, compared to the broader market0.005.0010.001.581.98
The chart of Martin ratio for OAKLX, currently valued at 3.79, compared to the broader market0.0020.0040.0060.003.797.15
OAKLX
QQQ

The current OAKLX Sharpe Ratio is 0.88, which is lower than the QQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of OAKLX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.88
1.50
OAKLX
QQQ

Dividends

OAKLX vs. QQQ - Dividend Comparison

OAKLX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
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%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

OAKLX vs. QQQ - Drawdown Comparison

The maximum OAKLX drawdown since its inception was -65.99%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for OAKLX and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.76%
-4.03%
OAKLX
QQQ

Volatility

OAKLX vs. QQQ - Volatility Comparison

The current volatility for Oakmark Select Fund (OAKLX) is 4.68%, while Invesco QQQ (QQQ) has a volatility of 5.21%. This indicates that OAKLX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
4.68%
5.21%
OAKLX
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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