OAKWX vs. VGT
Compare and contrast key facts about Oakmark Global Select Fund (OAKWX) and Vanguard Information Technology ETF (VGT).
OAKWX is managed by Oakmark. It was launched on Oct 1, 2006. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OAKWX or VGT.
Key characteristics
| OAKWX | VGT | |
|---|---|---|
| YTD Return | 8.70% | 20.21% |
| 1Y Return | 14.00% | 38.71% |
| 3Y Return (Ann) | 4.05% | 13.08% |
| 5Y Return (Ann) | 9.93% | 22.92% |
| 10Y Return (Ann) | 7.46% | 20.50% |
| Sharpe Ratio | 1.08 | 1.75 |
| Daily Std Dev | 12.45% | 20.95% |
| Max Drawdown | -54.43% | -54.63% |
| Current Drawdown | -0.64% | -4.48% |
Correlation
The correlation between OAKWX and VGT is 0.72, 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. VGT - Performance Comparison
In the year-to-date period, OAKWX achieves a 8.70% return, which is significantly lower than VGT's 20.21% return. Over the past 10 years, OAKWX has underperformed VGT with an annualized return of 7.46%, while VGT has yielded a comparatively higher 20.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OAKWX vs. VGT - Expense Ratio Comparison
OAKWX has a 1.10% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
OAKWX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Global Select Fund (OAKWX) and Vanguard Information Technology ETF (VGT). 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
OAKWX vs. VGT - Dividend Comparison
OAKWX's dividend yield for the trailing twelve months is around 0.77%, more than VGT's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKWX Oakmark Global Select Fund | 0.77% | 0.83% | 0.33% | 14.91% | 0.00% | 1.17% | 5.44% | 5.58% | 1.13% | 5.69% | 5.71% | 2.49% |
VGT Vanguard Information Technology ETF | 0.64% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
OAKWX vs. VGT - Drawdown Comparison
The maximum OAKWX drawdown since its inception was -54.43%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for OAKWX and VGT. For additional features, visit the drawdowns tool.
Volatility
OAKWX vs. VGT - Volatility Comparison
The current volatility for Oakmark Global Select Fund (OAKWX) is 3.18%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.88%. This indicates that OAKWX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.