OAYLX vs. OAKLX

Last updated Apr 2, 2026

Compare and contrast key facts about Oakmark Select Fund Advisor Class (OAYLX) and Oakmark Select Fund (OAKLX).

OAYLX is an actively managed fund by Oakmark. It was launched on Nov 30, 2016. OAKLX is managed by Oakmark. It was launched on Nov 1, 1996.

Performance

OAYLX vs. OAKLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark Select Fund Advisor Class (OAYLX) and Oakmark Select Fund (OAKLX). The values are adjusted to include any dividend payments, if applicable.

OAYLX vs. OAKLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OAYLX Oakmark Select Fund Advisor Class	-7.97%	14.42%	14.30%	43.21%	-22.66%	34.60%	10.90%	27.84%	-24.76%	10.37%
OAKLX Oakmark Select Fund	-7.99%	14.26%	14.15%	43.02%	-22.51%	34.62%	10.76%	27.70%	-24.90%	14.60%

Returns By Period

The year-to-date returns for both stocks are quite close, with OAYLX having a -7.97% return and OAKLX slightly lower at -7.99%.

OAYLX

• 1D: 1.55%
• 1M: -4.47%
• YTD: -7.97%
• 6M: -0.63%
• 1Y: 6.42%
• 3Y*: 15.81%
• 5Y*: 8.78%
• 10Y*: —

OAKLX

• 1D: 1.55%
• 1M: -4.48%
• YTD: -7.99%
• 6M: -0.69%
• 1Y: 6.27%
• 3Y*: 15.67%
• 5Y*: 8.74%
• 10Y*: 10.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OAYLX vs. OAKLX - Expense Ratio Comparison

OAYLX has a 0.87% expense ratio, which is lower than OAKLX's 0.98% expense ratio.

OAKLX

Oakmark Select Fund

OAYLX

Oakmark Select Fund Advisor Class

Return for Risk

OAYLX vs. OAKLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OAYLX

OAYLX Risk / Return Rank: 10
OAYLX Sharpe Ratio Rank: 9
OAYLX Sortino Ratio Rank: 9
OAYLX Omega Ratio Rank: 9
OAYLX Calmar Ratio Rank: 12
OAYLX Martin Ratio Rank: 11

OAKLX

OAKLX Risk / Return Rank: 13
OAKLX Sharpe Ratio Rank: 11
OAKLX Sortino Ratio Rank: 12
OAKLX Omega Ratio Rank: 12
OAKLX Calmar Ratio Rank: 16
OAKLX Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OAYLX vs. OAKLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark Select Fund Advisor Class (OAYLX) and Oakmark Select Fund (OAKLX). 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.

	OAYLX	OAKLX	Difference
Sharpe ratio Return per unit of total volatility	0.32	0.31	+0.01
Sortino ratio Return per unit of downside risk	0.60	0.59	+0.01
Omega ratio Gain probability vs. loss probability	1.08	1.08	0.00
Calmar ratio Return relative to maximum drawdown	0.53	0.52	+0.01
Martin ratio Return relative to average drawdown	1.58	1.55	+0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAYLX vs. OAKLX - Sharpe Ratio Comparison

The current OAYLX Sharpe Ratio is 0.32, which is comparable to the OAKLX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of OAYLX and OAKLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OAYLX	OAKLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	0.31	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.45	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.57	-0.19

Correlation

The correlation between OAYLX and OAKLX is 1.00, 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.

Dividends

OAYLX vs. OAKLX - Dividend Comparison

OAYLX's dividend yield for the trailing twelve months is around 0.57%, more than OAKLX's 0.42% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OAYLX Oakmark Select Fund Advisor Class	0.57%	0.52%	0.44%	0.62%	0.46%	0.70%	0.25%	0.81%	5.29%	0.44%	0.00%	0.00%
OAKLX Oakmark Select Fund	0.42%	0.39%	0.31%	0.51%	0.62%	0.70%	0.00%	0.67%	5.04%	4.20%	4.88%	0.30%

Drawdowns

OAYLX vs. OAKLX - Drawdown Comparison

The maximum OAYLX drawdown since its inception was -47.35%, smaller than the maximum OAKLX drawdown of -61.15%. Use the drawdown chart below to compare losses from any high point for OAYLX and OAKLX.

Drawdown Indicators

	OAYLX	OAKLX	Difference
Max Drawdown Largest peak-to-trough decline	-47.35%	-61.15%	+13.80%
Max Drawdown (1Y) Largest decline over 1 year	-13.72%	-13.72%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-27.82%	-27.87%	+0.05%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.42%	—
Current Drawdown Current decline from peak	-10.29%	-10.32%	+0.03%
Average Drawdown Average peak-to-trough decline	-9.76%	-9.00%	-0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.57%	4.58%	-0.01%

Volatility

OAYLX vs. OAKLX - Volatility Comparison

Oakmark Select Fund Advisor Class (OAYLX) and Oakmark Select Fund (OAKLX) have volatilities of 4.78% and 4.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAYLX	OAKLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	4.77%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	11.20%	11.20%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	20.31%	20.32%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.60%	19.59%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.97%	21.58%	+0.39%