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.
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.
Performance
OANMX vs. SPY - Performance Comparison
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Key characteristics
OANMX:
0.56
SPY:
0.64
OANMX:
0.81
SPY:
1.04
OANMX:
1.12
SPY:
1.15
OANMX:
0.55
SPY:
0.69
OANMX:
2.04
SPY:
2.64
OANMX:
4.58%
SPY:
4.91%
OANMX:
19.12%
SPY:
20.47%
OANMX:
-46.51%
SPY:
-55.19%
OANMX:
-4.59%
SPY:
-3.26%
Returns By Period
In the year-to-date period, OANMX achieves a 1.45% return, which is significantly higher than SPY's 1.17% return.
OANMX
1.45%
5.47%
-3.82%
10.59%
13.46%
18.90%
N/A
SPY
1.17%
7.36%
-0.95%
13.08%
14.15%
15.98%
12.78%
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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.
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Dividends
OANMX vs. SPY - Dividend Comparison
OANMX's dividend yield for the trailing twelve months is around 1.32%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OANMX Oakmark Fund Institutional Class | 1.32% | 1.34% | 1.22% | 1.17% | 1.70% | 0.33% | 8.53% | 8.37% | 4.25% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 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.
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Volatility
OANMX vs. SPY - Volatility Comparison
Oakmark Fund Institutional Class (OANMX) has a higher volatility of 5.26% compared to SPDR S&P 500 ETF (SPY) at 4.78%. This indicates that OANMX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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