OAKM vs. IUSV

Last updated Jun 5, 2026

OAKM (Oakmark U.S. Large Cap ETF) and IUSV (iShares Core S&P U.S. Value ETF) are both Large Cap Value Equities funds. OAKM is actively managed, while IUSV is passively managed. Over the past year, OAKM returned 16.15% vs 22.73% for IUSV. Their correlation of 0.85 suggests significant overlap in exposure. OAKM charges 0.59%/yr vs 0.04%/yr for IUSV.

Performance

OAKM vs. IUSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark U.S. Large Cap ETF (OAKM) and iShares Core S&P U.S. Value ETF (IUSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OAKM achieves a -0.14% return, which is significantly lower than IUSV's 8.61% return.

OAKM

• 1D: 1.91%
• 1M: 0.18%
• YTD: -0.14%
• 6M: 2.57%
• 1Y: 16.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUSV

• 1D: 0.91%
• 1M: 2.22%
• YTD: 8.61%
• 6M: 9.11%
• 1Y: 22.73%
• 3Y*: 16.12%
• 5Y*: 10.67%
• 10Y*: 12.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OAKM vs. IUSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OAKM Oakmark U.S. Large Cap ETF	-0.14%	21.46%	-4.83%
IUSV iShares Core S&P U.S. Value ETF	8.61%	12.85%	-5.81%

Correlation

The correlation between OAKM and IUSV is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.85

The correlation between OAKM and IUSV has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.

Return for Risk

OAKM vs. IUSV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OAKM

OAKM Risk / Return Rank: 38
OAKM Sharpe Ratio Rank: 35
OAKM Sortino Ratio Rank: 36
OAKM Omega Ratio Rank: 34
OAKM Calmar Ratio Rank: 47
OAKM Martin Ratio Rank: 38

IUSV

IUSV Risk / Return Rank: 72
IUSV Sharpe Ratio Rank: 71
IUSV Sortino Ratio Rank: 72
IUSV Omega Ratio Rank: 70
IUSV Calmar Ratio Rank: 73
IUSV Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OAKM vs. IUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark U.S. Large Cap ETF (OAKM) and iShares Core S&P U.S. Value ETF (IUSV). 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.

	OAKM	IUSV	Difference
Sharpe ratio: Return per unit of total volatility	1.24	2.29	-1.05
Sortino ratio: Return per unit of downside risk	1.84	3.20	-1.37
Omega ratio: Gain probability vs. loss probability	1.22	1.41	-0.19
Calmar ratio: Return relative to maximum drawdown	2.26	3.59	-1.33
Martin ratio: Return relative to average drawdown	5.85	13.74	-7.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAKM vs. IUSV - Sharpe Ratio Comparison

The current OAKM Sharpe Ratio is 1.24, which is lower than the IUSV Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of OAKM and IUSV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OAKM	IUSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	2.29	-1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.60	+0.01

Drawdowns

OAKM vs. IUSV - Drawdown Comparison

The maximum OAKM drawdown since its inception was -15.24%, smaller than the maximum IUSV drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for OAKM and IUSV.

Drawdown Indicators

	OAKM	IUSV	Difference
Max Drawdown Largest peak-to-trough decline	-15.24%	-56.88%	+41.64%
Max Drawdown (1Y) Largest decline over 1 year	-7.19%	-6.36%	-0.83%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.54%	—
Current Drawdown Current decline from peak	-2.61%	0.00%	-2.61%
Average Drawdown Average peak-to-trough decline	-2.77%	-6.29%	+3.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	1.66%	+1.11%

Volatility

OAKM vs. IUSV - Volatility Comparison

Oakmark U.S. Large Cap ETF (OAKM) has a higher volatility of 3.63% compared to iShares Core S&P U.S. Value ETF (IUSV) at 2.13%. This indicates that OAKM's price experiences larger fluctuations and is considered to be riskier than IUSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAKM	IUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	2.13%	+1.50%
Volatility (6M) Calculated over the trailing 6-month period	9.56%	7.19%	+2.37%
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	10.00%	+3.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	14.56%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	17.07%	-0.52%

OAKM vs. IUSV - Expense Ratio Comparison

OAKM has a 0.59% expense ratio, which is higher than IUSV's 0.04% expense ratio.

Dividends

OAKM vs. IUSV - Dividend Comparison

OAKM's dividend yield for the trailing twelve months is around 0.67%, less than IUSV's 1.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUSV iShares Core S&P U.S. Value ETF	1.67%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%
OAKM Oakmark U.S. Large Cap ETF	0.67%	0.67%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OAKM and IUSV in my portfolio?

OAKM and IUSV have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OAKM or IUSV?

OAKM has higher volatility (3.63%) compared to IUSV (2.13%). In terms of maximum drawdown, OAKM dropped -15.24% vs IUSV's -56.88%.

Which ETF is better, OAKM or IUSV?

On 1-year performance, IUSV leads with 22.73% vs 16.15% for OAKM. On fees, IUSV is cheaper at 0.04% per year. On volatility, IUSV has been the lower-risk option at 2.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OAKM or IUSV?

Over the 1-year period, IUSV has performed better with a 22.73% return vs 16.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OAKM or IUSV?

IUSV is cheaper with a 0.04% expense ratio, compared with 0.59% for OAKM.

Which ETF pays a higher dividend yield, OAKM or IUSV?

IUSV has the higher dividend yield at 1.67%, compared with 0.67% for OAKM.

What is the main difference between OAKM and IUSV?

They also come from different issuers: Oakmark and iShares. Their fees differ too: 0.59% for OAKM and 0.04% for IUSV.

Which has better risk-adjusted returns?

IUSV currently has the higher Sharpe Ratio (2.29 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.