OAKLX vs. SPY
Compare and contrast key facts about Oakmark Select Fund (OAKLX) and SPDR S&P 500 ETF (SPY).
OAKLX is managed by Oakmark. It was launched on Nov 1, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKLX or SPY.
Correlation
The correlation between OAKLX and SPY is 0.82, 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. SPY - Performance Comparison
Key characteristics
OAKLX:
1.53
SPY:
1.98
OAKLX:
2.18
SPY:
2.64
OAKLX:
1.28
SPY:
1.36
OAKLX:
2.71
SPY:
3.03
OAKLX:
6.27
SPY:
12.63
OAKLX:
3.52%
SPY:
2.02%
OAKLX:
14.44%
SPY:
12.89%
OAKLX:
-65.99%
SPY:
-55.19%
OAKLX:
-0.50%
SPY:
-0.86%
Returns By Period
In the year-to-date period, OAKLX achieves a 5.07% return, which is significantly higher than SPY's 3.15% return. Over the past 10 years, OAKLX has underperformed SPY with an annualized return of 8.41%, while SPY has yielded a comparatively higher 13.73% annualized return.
OAKLX
5.07%
4.51%
11.04%
19.70%
14.42%
8.41%
SPY
3.15%
1.60%
12.25%
24.63%
14.82%
13.73%
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OAKLX vs. SPY - Expense Ratio Comparison
OAKLX has a 0.98% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
OAKLX vs. SPY — Risk-Adjusted Performance Rank
OAKLX
SPY
OAKLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Select Fund (OAKLX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
OAKLX's dividend yield for the trailing twelve months is around 0.29%, less than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKLX Oakmark Select Fund | 0.29% | 0.31% | 0.51% | 0.31% | 0.04% | 0.00% | 0.67% | 0.18% | 0.28% | 0.94% | 0.30% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
OAKLX vs. SPY - Drawdown Comparison
The maximum OAKLX drawdown since its inception was -65.99%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OAKLX and SPY. For additional features, visit the drawdowns tool.
Volatility
OAKLX vs. SPY - Volatility Comparison
The current volatility for Oakmark Select Fund (OAKLX) is 3.65%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.20%. This indicates that OAKLX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.