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.
Performance
OAKMX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, OAKMX achieves a 21.85% return, which is significantly lower than SPY's 26.47% return. Over the past 10 years, OAKMX has underperformed SPY with an annualized return of 12.39%, while SPY has yielded a comparatively higher 13.14% annualized return.
OAKMX
21.85%
5.91%
14.33%
32.59%
16.91%
12.39%
SPY
26.47%
3.03%
13.19%
32.65%
15.68%
13.14%
Key characteristics
| OAKMX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.52 | 2.69 |
| Sortino Ratio | 3.53 | 3.59 |
| Omega Ratio | 1.44 | 1.50 |
| Calmar Ratio | 4.78 | 3.88 |
| Martin Ratio | 13.20 | 17.47 |
| Ulcer Index | 2.47% | 1.87% |
| Daily Std Dev | 12.95% | 12.14% |
| Max Drawdown | -56.19% | -55.19% |
| Current Drawdown | 0.00% | -0.54% |
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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.
Correlation
The correlation between OAKMX and SPY is 0.86, 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. 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 0.84%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKMX Oakmark Fund Investor Class | 0.84% | 1.02% | 0.92% | 0.52% | 0.17% | 0.81% | 0.73% | 0.47% | 1.06% | 0.95% | 0.64% | 0.50% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
OAKMX vs. SPY - Drawdown Comparison
The maximum OAKMX drawdown since its inception was -56.19%, roughly equal to the maximum SPY 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
Oakmark Fund Investor Class (OAKMX) has a higher volatility of 4.91% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that OAKMX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.