OAKWX vs. ^SP500TR

Last updated Apr 3, 2026

Compare and contrast key facts about Oakmark Global Select Fund (OAKWX) and S&P 500 Total Return (^SP500TR).

OAKWX is managed by Oakmark. It was launched on Oct 1, 2006.

Performance

OAKWX vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark Global Select Fund (OAKWX) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

OAKWX vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OAKWX Oakmark Global Select Fund	-7.44%	20.73%	4.68%	22.72%	-22.48%	25.99%	13.04%	29.82%	-21.20%	21.15%
^SP500TR S&P 500 Total Return	-3.53%	17.88%	25.02%	26.29%	-18.11%	28.71%	18.40%	31.49%	-4.38%	21.83%

Returns By Period

In the year-to-date period, OAKWX achieves a -7.44% return, which is significantly lower than ^SP500TR's -3.53% return. Over the past 10 years, OAKWX has underperformed ^SP500TR with an annualized return of 8.49%, while ^SP500TR has yielded a comparatively higher 14.22% annualized return.

OAKWX

• 1D: 0.74%
• 1M: -5.13%
• YTD: -7.44%
• 6M: -6.32%
• 1Y: 2.79%
• 3Y*: 9.58%
• 5Y*: 4.58%
• 10Y*: 8.49%

^SP500TR

• 1D: 0.12%
• 1M: -3.32%
• YTD: -3.53%
• 6M: -1.37%
• 1Y: 17.55%
• 3Y*: 18.50%
• 5Y*: 11.99%
• 10Y*: 14.22%

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

Return for Risk

OAKWX vs. ^SP500TR — Risk / Return Rank

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

OAKWX

OAKWX Risk / Return Rank: 6
OAKWX Sharpe Ratio Rank: 6
OAKWX Sortino Ratio Rank: 6
OAKWX Omega Ratio Rank: 6
OAKWX Calmar Ratio Rank: 6
OAKWX Martin Ratio Rank: 7

^SP500TR

^SP500TR Risk / Return Rank: 68
^SP500TR Sharpe Ratio Rank: 64
^SP500TR Sortino Ratio Rank: 68
^SP500TR Omega Ratio Rank: 71
^SP500TR Calmar Ratio Rank: 60
^SP500TR Martin Ratio Rank: 79

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.

OAKWX vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Select Fund (OAKWX) and S&P 500 Total Return (^SP500TR). 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.

	OAKWX	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	0.19	0.96	-0.78
Sortino ratio Return per unit of downside risk	0.38	1.48	-1.10
Omega ratio Gain probability vs. loss probability	1.05	1.23	-0.17
Calmar ratio Return relative to maximum drawdown	0.21	1.51	-1.31
Martin ratio Return relative to average drawdown	0.72	7.14	-6.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAKWX vs. ^SP500TR - Sharpe Ratio Comparison

The current OAKWX Sharpe Ratio is 0.19, which is lower than the ^SP500TR Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of OAKWX and ^SP500TR, 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

	OAKWX	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	0.96	-0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.71	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.79	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.62	-0.25

Correlation

The correlation between OAKWX and ^SP500TR is 0.82, 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.

Drawdowns

OAKWX vs. ^SP500TR - Drawdown Comparison

The maximum OAKWX drawdown since its inception was -54.43%, roughly equal to the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for OAKWX and ^SP500TR.

Drawdown Indicators

	OAKWX	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-54.43%	-55.25%	+0.82%
Max Drawdown (1Y) Largest decline over 1 year	-14.26%	-8.89%	-5.37%
Max Drawdown (5Y) Largest decline over 5 years	-32.79%	-24.49%	-8.30%
Max Drawdown (10Y) Largest decline over 10 years	-42.07%	-33.79%	-8.28%
Current Drawdown Current decline from peak	-11.73%	-5.44%	-6.29%
Average Drawdown Average peak-to-trough decline	-9.45%	-8.20%	-1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	2.57%	+1.52%

Volatility

OAKWX vs. ^SP500TR - Volatility Comparison

The current volatility for Oakmark Global Select Fund (OAKWX) is 4.56%, while S&P 500 Total Return (^SP500TR) has a volatility of 5.30%. This indicates that OAKWX experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAKWX	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	5.30%	-0.74%
Volatility (6M) Calculated over the trailing 6-month period	9.33%	9.55%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	15.87%	18.32%	-2.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	16.90%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.15%	18.04%	+1.11%