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:
1.35
SPY:
1.46
OAKMX:
1.96
SPY:
1.99
OAKMX:
1.24
SPY:
1.27
OAKMX:
2.41
SPY:
2.23
OAKMX:
5.77
SPY:
9.00
OAKMX:
2.97%
SPY:
2.08%
OAKMX:
12.73%
SPY:
12.83%
OAKMX:
-61.02%
SPY:
-55.19%
OAKMX:
-1.60%
SPY:
-3.06%
Returns By Period
In the year-to-date period, OAKMX achieves a 4.61% return, which is significantly higher than SPY's 1.38% return. Over the past 10 years, OAKMX has underperformed SPY with an annualized return of 9.78%, while SPY has yielded a comparatively higher 12.93% annualized return.
OAKMX
4.61%
-0.48%
6.58%
16.28%
18.52%
9.78%
SPY
1.38%
-1.27%
6.09%
17.34%
16.45%
12.93%
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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 1.07%, less than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKMX Oakmark Fund Investor Class | 1.07% | 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 | 1.19% | 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 2.81%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.69%. 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.