OAKM vs. OAKG

Last updated Jun 25, 2026

OAKM (Oakmark U.S. Large Cap ETF) and OAKG (Oakmark Global Large Cap ETF) are both exchange-traded funds - OAKM is a Large Cap Value Equities fund actively managed by Oakmark, while OAKG is a Global Equities fund actively managed by Oakmark. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. OAKM charges 0.59%/yr vs 0.62%/yr for OAKG.

Performance

OAKM vs. OAKG - Performance Comparison

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

Returns By Period

In the year-to-date period, OAKM achieves a -1.27% return, which is significantly higher than OAKG's -4.22% return.

OAKM

• 1D: 0.36%
• 1M: -0.46%
• YTD: -1.27%
• 6M: -2.17%
• 1Y: 11.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OAKG

• 1D: 0.69%
• 1M: -1.70%
• YTD: -4.22%
• 6M: -4.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OAKM vs. OAKG - Yearly Performance Comparison

	2026 (YTD)	2025
OAKM Oakmark U.S. Large Cap ETF	-1.27%	0.04%
OAKG Oakmark Global Large Cap ETF	-4.22%	1.02%

Correlation

The correlation between OAKM and OAKG is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.72

Return for Risk

OAKM vs. OAKG — Risk / Return Rank

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

OAKM

OAKM Risk / Return Rank: 29
OAKM Sharpe Ratio Rank: 26
OAKM Sortino Ratio Rank: 26
OAKM Omega Ratio Rank: 25
OAKM Calmar Ratio Rank: 35
OAKM Martin Ratio Rank: 30

OAKG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. OAKG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark U.S. Large Cap ETF (OAKM) and Oakmark Global Large Cap ETF (OAKG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OAKM	OAKG	Difference
Sharpe ratio: Return per unit of total volatility	0.87	—	—
Sortino ratio: Return per unit of downside risk	1.32	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.59	—	—
Martin ratio: Return relative to average drawdown	3.96	—	—

Drawdowns

OAKM vs. OAKG - Drawdown Comparison

The maximum OAKM drawdown since its inception was -15.24%, which is greater than OAKG's maximum drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for OAKM and OAKG.

Drawdown Indicators

	OAKM	OAKG	Difference
Max Drawdown Largest peak-to-trough decline	-15.24%	-11.52%	-3.72%
Max Drawdown (1Y) Largest decline over 1 year	-7.19%	—	—
Current Drawdown Current decline from peak	-3.71%	-7.76%	+4.05%
Average Drawdown Average peak-to-trough decline	-2.82%	-4.34%	+1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	—	—

Volatility

Volatility by Period

	OAKM	OAKG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.12%	14.99%	-1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.40%	14.99%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.40%	14.99%	+1.41%

OAKM vs. OAKG - Expense Ratio Comparison

OAKM has a 0.59% expense ratio, which is lower than OAKG's 0.62% expense ratio.

Dividends

OAKM vs. OAKG - Dividend Comparison

OAKM's dividend yield for the trailing twelve months is around 0.68%, more than OAKG's 0.04% yield.

Position	TTM	2025	2024
OAKG Oakmark Global Large Cap ETF	0.04%	0.04%	0.00%
OAKM Oakmark U.S. Large Cap ETF	0.68%	0.67%	0.04%

Frequently Asked Questions

Can I hold both OAKM and OAKG in my portfolio?

OAKM and OAKG have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OAKM or OAKG?

On fees, OAKM is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OAKM or OAKG?

OAKM is cheaper with a 0.59% expense ratio, compared with 0.62% for OAKG.

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

OAKM has the higher dividend yield at 0.68%, compared with 0.04% for OAKG.

What is the main difference between OAKM and OAKG?

OAKM is categorized as Large Cap Value Equities, while OAKG is Global Equities. Their fees differ too: 0.59% for OAKM and 0.62% for OAKG.