OAKMX vs. OAKLX
Compare and contrast key facts about Oakmark Fund Investor Class (OAKMX) and Oakmark Select Fund (OAKLX).
OAKMX is managed by Oakmark. It was launched on Aug 5, 1991. OAKLX is managed by Oakmark. It was launched on Nov 1, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKMX or OAKLX.
Performance
OAKMX vs. OAKLX - Performance Comparison
Returns By Period
In the year-to-date period, OAKMX achieves a 18.88% return, which is significantly higher than OAKLX's 15.98% return. Over the past 10 years, OAKMX has outperformed OAKLX with an annualized return of 12.14%, while OAKLX has yielded a comparatively lower 6.13% annualized return.
OAKMX
18.88%
3.41%
10.28%
30.02%
16.36%
12.14%
OAKLX
15.98%
6.58%
12.62%
29.30%
14.63%
6.13%
Key characteristics
| OAKMX | OAKLX | |
|---|---|---|
| Sharpe Ratio | 2.28 | 1.94 |
| Sortino Ratio | 3.23 | 2.83 |
| Omega Ratio | 1.40 | 1.35 |
| Calmar Ratio | 4.32 | 3.51 |
| Martin Ratio | 11.92 | 8.58 |
| Ulcer Index | 2.47% | 3.33% |
| Daily Std Dev | 12.89% | 14.76% |
| Max Drawdown | -56.19% | -65.99% |
| Current Drawdown | -1.82% | -2.10% |
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OAKMX vs. OAKLX - Expense Ratio Comparison
OAKMX has a 0.91% expense ratio, which is lower than OAKLX's 0.98% expense ratio.
Correlation
The correlation between OAKMX and OAKLX 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.
Risk-Adjusted Performance
OAKMX vs. OAKLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Fund Investor Class (OAKMX) and Oakmark Select Fund (OAKLX). 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
OAKMX vs. OAKLX - Dividend Comparison
OAKMX's dividend yield for the trailing twelve months is around 0.86%, more than OAKLX's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKMX Oakmark Fund Investor Class | 0.86% | 1.02% | 0.92% | 0.52% | 0.17% | 0.81% | 0.73% | 0.47% | 1.06% | 0.95% | 0.64% | 0.50% |
OAKLX Oakmark Select Fund | 0.44% | 0.51% | 0.31% | 0.04% | 0.00% | 0.67% | 0.18% | 0.28% | 0.94% | 0.30% | 0.00% | 0.10% |
Drawdowns
OAKMX vs. OAKLX - Drawdown Comparison
The maximum OAKMX drawdown since its inception was -56.19%, smaller than the maximum OAKLX drawdown of -65.99%. Use the drawdown chart below to compare losses from any high point for OAKMX and OAKLX. For additional features, visit the drawdowns tool.
Volatility
OAKMX vs. OAKLX - Volatility Comparison
The current volatility for Oakmark Fund Investor Class (OAKMX) is 4.77%, while Oakmark Select Fund (OAKLX) has a volatility of 5.40%. This indicates that OAKMX experiences smaller price fluctuations and is considered to be less risky than OAKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.