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 0.86, 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.
Performance
OAKMX vs. SPY - Performance Comparison
Key characteristics
OAKMX:
1.26
SPY:
2.21
OAKMX:
1.83
SPY:
2.93
OAKMX:
1.22
SPY:
1.41
OAKMX:
2.00
SPY:
3.26
OAKMX:
5.90
SPY:
14.40
OAKMX:
2.74%
SPY:
1.90%
OAKMX:
12.85%
SPY:
12.44%
OAKMX:
-56.19%
SPY:
-55.19%
OAKMX:
-5.94%
SPY:
-1.83%
Returns By Period
In the year-to-date period, OAKMX achieves a 15.82% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, OAKMX has underperformed SPY with an annualized return of 11.69%, while SPY has yielded a comparatively higher 13.04% annualized return.
OAKMX
15.82%
-4.95%
10.09%
16.20%
14.79%
11.69%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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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 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 has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKMX Oakmark Fund Investor Class | 0.00% | 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 | 1.19% | 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) and SPDR S&P 500 ETF (SPY) have volatilities of 3.79% and 3.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.