OANMX vs. SPY
Compare and contrast key facts about Oakmark Fund Institutional Class (OANMX) and SPDR S&P 500 ETF (SPY).
OANMX is managed by Oakmark. It was launched on Nov 30, 2016. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OANMX or SPY.
Correlation
The correlation between OANMX and SPY is 0.85, 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
OANMX vs. SPY - Performance Comparison
Key characteristics
OANMX:
1.53
SPY:
1.88
OANMX:
2.21
SPY:
2.53
OANMX:
1.27
SPY:
1.35
OANMX:
2.72
SPY:
2.83
OANMX:
6.59
SPY:
11.74
OANMX:
2.93%
SPY:
2.02%
OANMX:
12.62%
SPY:
12.64%
OANMX:
-46.51%
SPY:
-55.19%
OANMX:
-0.98%
SPY:
-0.42%
Returns By Period
In the year-to-date period, OANMX achieves a 5.29% return, which is significantly higher than SPY's 4.15% return.
OANMX
5.29%
0.56%
10.26%
19.50%
15.97%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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OANMX vs. SPY - Expense Ratio Comparison
OANMX has a 0.68% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
OANMX vs. SPY — Risk-Adjusted Performance Rank
OANMX
SPY
OANMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark Fund Institutional Class (OANMX) and SPDR S&P 500 ETF (SPY). 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
OANMX vs. SPY - Dividend Comparison
OANMX's dividend yield for the trailing twelve months is around 1.27%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OANMX Oakmark Fund Institutional Class | 1.27% | 1.34% | 1.22% | 1.17% | 0.76% | 0.33% | 1.00% | 0.96% | 0.66% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
OANMX vs. SPY - Drawdown Comparison
The maximum OANMX drawdown since its inception was -46.51%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OANMX and SPY. For additional features, visit the drawdowns tool.
Volatility
OANMX vs. SPY - Volatility Comparison
The current volatility for Oakmark Fund Institutional Class (OANMX) is 2.53%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that OANMX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.