OAKMX vs. SWPPX
Compare and contrast key facts about Oakmark Fund Investor Class (OAKMX) and Schwab S&P 500 Index Fund (SWPPX).
OAKMX is managed by Oakmark. It was launched on Aug 5, 1991. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKMX or SWPPX.
Performance
OAKMX vs. SWPPX - Performance Comparison
Returns By Period
In the year-to-date period, OAKMX achieves a 18.88% return, which is significantly lower than SWPPX's 25.53% return. Over the past 10 years, OAKMX has underperformed SWPPX with an annualized return of 12.14%, while SWPPX has yielded a comparatively higher 13.12% annualized return.
OAKMX
18.88%
3.41%
10.28%
30.02%
16.36%
12.14%
SWPPX
25.53%
1.18%
12.20%
32.17%
15.57%
13.12%
Key characteristics
| OAKMX | SWPPX | |
|---|---|---|
| Sharpe Ratio | 2.28 | 2.59 |
| Sortino Ratio | 3.23 | 3.47 |
| Omega Ratio | 1.40 | 1.48 |
| Calmar Ratio | 4.32 | 3.77 |
| Martin Ratio | 11.92 | 16.91 |
| Ulcer Index | 2.47% | 1.89% |
| Daily Std Dev | 12.89% | 12.30% |
| Max Drawdown | -56.19% | -55.06% |
| Current Drawdown | -1.82% | -1.35% |
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OAKMX vs. SWPPX - Expense Ratio Comparison
OAKMX has a 0.91% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Correlation
The correlation between OAKMX and SWPPX is 0.88, 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. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Fund Investor Class (OAKMX) and Schwab S&P 500 Index Fund (SWPPX). 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. SWPPX - Dividend Comparison
OAKMX's dividend yield for the trailing twelve months is around 0.86%, less than SWPPX's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKMX Oakmark Fund Investor Class | 0.86% | 1.02% | 0.92% | 0.52% | 0.17% | 0.81% | 0.73% | 0.47% | 1.06% | 0.95% | 0.64% | 0.50% |
SWPPX Schwab S&P 500 Index Fund | 1.14% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
OAKMX vs. SWPPX - Drawdown Comparison
The maximum OAKMX drawdown since its inception was -56.19%, roughly equal to the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for OAKMX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
OAKMX vs. SWPPX - Volatility Comparison
Oakmark Fund Investor Class (OAKMX) has a higher volatility of 4.77% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.06%. This indicates that OAKMX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.