OAKMX vs. SPY
Compare and contrast key facts about Oakmark Fund Investor Class (OAKMX) and SPDR S&P 500 ETF (SPY).
OAKMX is managed by Oakmark. It was launched on Aug 5, 1991. 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: OAKMX or SPY.
Correlation
The correlation between OAKMX and SPY is 0.85, 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
OAKMX vs. SPY - Performance Comparison
Key characteristics
OAKMX:
1.62
SPY:
1.95
OAKMX:
2.30
SPY:
2.60
OAKMX:
1.29
SPY:
1.36
OAKMX:
2.96
SPY:
2.98
OAKMX:
7.19
SPY:
12.42
OAKMX:
2.92%
SPY:
2.02%
OAKMX:
12.98%
SPY:
12.88%
OAKMX:
-61.02%
SPY:
-55.19%
OAKMX:
-0.90%
SPY:
-1.30%
Returns By Period
In the year-to-date period, OAKMX achieves a 5.36% return, which is significantly higher than SPY's 2.68% return. Over the past 10 years, OAKMX has underperformed SPY with an annualized return of 10.57%, while SPY has yielded a comparatively higher 13.67% annualized return.
OAKMX
5.36%
5.63%
8.32%
19.59%
16.50%
10.57%
SPY
2.68%
2.31%
9.96%
24.17%
15.14%
13.67%
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OAKMX vs. SPY - Expense Ratio Comparison
OAKMX has a 0.91% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
OAKMX vs. SPY — Risk-Adjusted Performance Rank
OAKMX
SPY
OAKMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Fund Investor Class (OAKMX) 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
OAKMX vs. SPY - Dividend Comparison
OAKMX's dividend yield for the trailing twelve months is around 1.06%, less than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKMX Oakmark Fund Investor Class | 1.06% | 1.12% | 1.02% | 0.92% | 0.52% | 0.17% | 0.81% | 0.73% | 0.47% | 1.06% | 0.95% | 0.64% |
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
OAKMX vs. SPY - Drawdown Comparison
The maximum OAKMX drawdown since its inception was -61.02%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OAKMX and SPY. For additional features, visit the drawdowns tool.
Volatility
OAKMX vs. SPY - Volatility Comparison
The current volatility for Oakmark Fund Investor Class (OAKMX) is 3.56%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.23%. This indicates that OAKMX 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.