OAKWX vs. ^SP500TR
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKWX or ^SP500TR.
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.
Performance
OAKWX vs. ^SP500TR - Performance Comparison
Key characteristics
OAKWX:
1.36
^SP500TR:
1.75
OAKWX:
1.91
^SP500TR:
2.36
OAKWX:
1.24
^SP500TR:
1.32
OAKWX:
0.89
^SP500TR:
2.66
OAKWX:
5.91
^SP500TR:
11.02
OAKWX:
2.64%
^SP500TR:
2.04%
OAKWX:
11.51%
^SP500TR:
12.89%
OAKWX:
-56.26%
^SP500TR:
-55.25%
OAKWX:
-4.32%
^SP500TR:
-2.12%
Returns By Period
In the year-to-date period, OAKWX achieves a 8.72% return, which is significantly higher than ^SP500TR's 2.42% return. Over the past 10 years, OAKWX has underperformed ^SP500TR with an annualized return of 4.63%, while ^SP500TR has yielded a comparatively higher 13.06% annualized return.
OAKWX
8.72%
4.06%
4.43%
13.54%
6.55%
4.63%
^SP500TR
2.42%
-1.08%
7.42%
19.81%
14.30%
13.06%
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Risk-Adjusted Performance
OAKWX vs. ^SP500TR — Risk-Adjusted Performance Rank
OAKWX
^SP500TR
OAKWX vs. ^SP500TR - Risk-Adjusted Performance 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.
Drawdowns
OAKWX vs. ^SP500TR - Drawdown Comparison
The maximum OAKWX drawdown since its inception was -56.26%, 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. For additional features, visit the drawdowns tool.
Volatility
OAKWX vs. ^SP500TR - Volatility Comparison
The current volatility for Oakmark Global Select Fund (OAKWX) is 2.66%, while S&P 500 Total Return (^SP500TR) has a volatility of 3.43%. 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.