OAKMX vs. SWLVX

Last updated Apr 2, 2026

Compare and contrast key facts about Oakmark Fund Investor Class (OAKMX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX).

OAKMX is managed by Oakmark. It was launched on Aug 5, 1991. SWLVX is managed by Charles Schwab. It was launched on Dec 20, 2017.

Performance

OAKMX vs. SWLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark Fund Investor Class (OAKMX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). The values are adjusted to include any dividend payments, if applicable.

OAKMX vs. SWLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OAKMX Oakmark Fund Investor Class	-2.47%	14.13%	16.02%	30.92%	-13.38%	34.85%	12.90%	27.14%	-12.76%	0.17%
SWLVX Schwab U.S. Large-Cap Value Index Fund	2.09%	15.87%	14.36%	11.45%	-7.61%	25.15%	2.64%	26.49%	-8.39%	0.30%

Returns By Period

In the year-to-date period, OAKMX achieves a -2.47% return, which is significantly lower than SWLVX's 2.09% return.

OAKMX

• 1D: 1.76%
• 1M: -3.56%
• YTD: -2.47%
• 6M: 2.30%
• 1Y: 10.13%
• 3Y*: 16.07%
• 5Y*: 10.98%
• 10Y*: 13.51%

SWLVX

• 1D: 2.15%
• 1M: -4.65%
• YTD: 2.09%
• 6M: 5.83%
• 1Y: 15.94%
• 3Y*: 14.29%
• 5Y*: 9.20%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OAKMX vs. SWLVX - Expense Ratio Comparison

OAKMX has a 0.91% expense ratio, which is higher than SWLVX's 0.04% expense ratio.

OAKMX

Oakmark Fund Investor Class

SWLVX

Schwab U.S. Large-Cap Value Index Fund

Return for Risk

OAKMX vs. SWLVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OAKMX

OAKMX Risk / Return Rank: 23
OAKMX Sharpe Ratio Rank: 19
OAKMX Sortino Ratio Rank: 19
OAKMX Omega Ratio Rank: 20
OAKMX Calmar Ratio Rank: 27
OAKMX Martin Ratio Rank: 29

SWLVX

SWLVX Risk / Return Rank: 57
SWLVX Sharpe Ratio Rank: 51
SWLVX Sortino Ratio Rank: 51
SWLVX Omega Ratio Rank: 53
SWLVX Calmar Ratio Rank: 59
SWLVX Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OAKMX vs. SWLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark Fund Investor Class (OAKMX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). 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.

	OAKMX	SWLVX	Difference
Sharpe ratio Return per unit of total volatility	0.54	1.01	-0.48
Sortino ratio Return per unit of downside risk	0.87	1.47	-0.60
Omega ratio Gain probability vs. loss probability	1.13	1.22	-0.10
Calmar ratio Return relative to maximum drawdown	0.82	1.44	-0.62
Martin ratio Return relative to average drawdown	3.26	6.76	-3.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAKMX vs. SWLVX - Sharpe Ratio Comparison

The current OAKMX Sharpe Ratio is 0.54, which is lower than the SWLVX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of OAKMX and SWLVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OAKMX	SWLVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	1.01	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.62	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.50	+0.21

Correlation

The correlation between OAKMX and SWLVX is 0.93, 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.

Dividends

OAKMX vs. SWLVX - Dividend Comparison

OAKMX's dividend yield for the trailing twelve months is around 0.94%, less than SWLVX's 1.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OAKMX Oakmark Fund Investor Class	0.94%	0.92%	1.12%	1.02%	0.92%	1.94%	0.17%	8.33%	8.13%	4.06%	2.58%	1.43%
SWLVX Schwab U.S. Large-Cap Value Index Fund	1.98%	2.02%	2.75%	2.56%	2.29%	4.86%	2.00%	4.35%	1.87%	0.00%	0.00%	0.00%

Drawdowns

OAKMX vs. SWLVX - Drawdown Comparison

The maximum OAKMX drawdown since its inception was -56.19%, which is greater than SWLVX's maximum drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for OAKMX and SWLVX.

Drawdown Indicators

	OAKMX	SWLVX	Difference
Max Drawdown Largest peak-to-trough decline	-56.19%	-38.34%	-17.85%
Max Drawdown (1Y) Largest decline over 1 year	-13.46%	-11.82%	-1.64%
Max Drawdown (5Y) Largest decline over 5 years	-23.68%	-19.05%	-4.63%
Max Drawdown (10Y) Largest decline over 10 years	-41.43%	—	—
Current Drawdown Current decline from peak	-4.97%	-4.82%	-0.15%
Average Drawdown Average peak-to-trough decline	-6.41%	-4.93%	-1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.51%	+0.88%

Volatility

OAKMX vs. SWLVX - Volatility Comparison

The current volatility for Oakmark Fund Investor Class (OAKMX) is 4.20%, while Schwab U.S. Large-Cap Value Index Fund (SWLVX) has a volatility of 4.47%. This indicates that OAKMX experiences smaller price fluctuations and is considered to be less risky than SWLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAKMX	SWLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	4.47%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	10.34%	8.30%	+2.04%
Volatility (1Y) Calculated over the trailing 1-year period	18.77%	15.74%	+3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.35%	14.85%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.43%	18.67%	+1.76%