OAKWX vs. OAKGX
OAKWX (Oakmark Global Select Fund) and OAKGX (Oakmark Global Fund) are both Global Equities funds from Oakmark. Over the past 10 years, OAKWX returned 9.27%/yr vs 10.55%/yr for OAKGX. Their correlation of 0.94 means they have usually moved in the same direction. OAKWX charges 1.10%/yr vs 1.11%/yr for OAKGX.
Performance
OAKWX vs. OAKGX - Performance Comparison
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Returns By Period
In the year-to-date period, OAKWX achieves a 2.39% return, which is significantly lower than OAKGX's 6.53% return. Over the past 10 years, OAKWX has underperformed OAKGX with an annualized return of 9.27%, while OAKGX has yielded a comparatively higher 10.55% annualized return.
OAKWX
- 1D
- 1.28%
- 1M
- 4.17%
- 6M
- -0.66%
- YTD
- 2.39%
- 1Y
- 11.03%
- 3Y*
- 9.81%
- 5Y*
- 5.23%
- 10Y*
- 9.27%
- ALL TIME*
- 8.15%
OAKGX
- 1D
- 0.92%
- 1M
- 2.29%
- 6M
- 4.07%
- YTD
- 6.53%
- 1Y
- 18.03%
- 3Y*
- 10.07%
- 5Y*
- 7.41%
- 10Y*
- 10.55%
- ALL TIME*
- 9.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
OAKGX Oakmark Global Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
OAKWX vs. OAKGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OAKWX Oakmark Global Select Fund | 2.39% | 20.73% | 4.68% | 22.72% | -22.48% | 25.99% | 13.04% | 29.82% | -21.20% | 21.15% |
OAKGX Oakmark Global Fund | 6.53% | 21.19% | 2.53% | 17.36% | -16.86% | 30.47% | 9.00% | 29.66% | -19.02% | 27.05% |
Correlation
The correlation between OAKWX and OAKGX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2006 | 0.94 |
The correlation between OAKWX and OAKGX has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
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Return for Risk
OAKWX vs. OAKGX — Risk / Return Rank
OAKWX
OAKGX
OAKWX vs. OAKGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Select Fund (OAKWX) and Oakmark Global Fund (OAKGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OAKWX | OAKGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.24 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 1.62 | -0.79 |
| Martin ratioReturn relative to average drawdown | 1.91 | 5.23 | -3.32 |
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Drawdowns
OAKWX vs. OAKGX - Drawdown Comparison
The maximum OAKWX drawdown since its inception was -54.43%, smaller than the maximum OAKGX drawdown of -60.43%. Use the drawdown chart below to compare losses from any high point for OAKWX and OAKGX.
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Drawdown Indicators
| OAKWX | OAKGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.43% | -60.43% | +6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -14.26% | -11.58% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -14.26% | -15.67% | +1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -32.79% | -31.54% | -1.25% |
Max Drawdown (10Y)Largest decline over 10 years | -42.07% | -45.14% | +3.07% |
Current DrawdownCurrent decline from peak | -2.35% | 0.00% | -2.35% |
Average DrawdownAverage peak-to-trough decline | -9.43% | -9.33% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.19% | 3.59% | +2.60% |
Volatility
OAKWX vs. OAKGX - Volatility Comparison
Oakmark Global Select Fund (OAKWX) has a higher volatility of 4.15% compared to Oakmark Global Fund (OAKGX) at 3.85%. This indicates that OAKWX's price experiences larger fluctuations and is considered to be riskier than OAKGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OAKWX | OAKGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 3.85% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 10.61% | -0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.99% | 13.73% | -0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.97% | 18.50% | -1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.96% | 20.43% | -1.47% |
OAKWX vs. OAKGX - Expense Ratio Comparison
OAKWX has a 1.10% expense ratio, which is lower than OAKGX's 1.11% expense ratio.
Dividends
OAKWX vs. OAKGX - Dividend Comparison
OAKWX's dividend yield for the trailing twelve months is around 1.40%, more than OAKGX's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKGX Oakmark Global Fund | 1.04% | 1.11% | 1.19% | 4.35% | 0.75% | 17.98% | 0.16% | 3.71% | 14.80% | 7.50% | 1.07% | 2.87% |
OAKWX Oakmark Global Select Fund | 1.40% | 1.43% | 1.17% | 0.83% | 0.33% | 14.91% | 0.00% | 1.17% | 5.28% | 5.48% | 1.00% | 5.60% |
Frequently Asked Questions
OAKWX and OAKGX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OAKWX has higher volatility (4.15%) compared to OAKGX (3.85%). In terms of maximum drawdown, OAKWX dropped -54.43% vs OAKGX's -60.43%.
OAKGX currently has the higher Sharpe Ratio (1.37 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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