OAYLX vs. TANDX

Last updated Aug 5, 2026

OAYLX (Oakmark Select Fund Advisor Class) and TANDX (Castle Tandem Fund) are both Large Cap Blend Equities funds. Over the past 5 years, OAYLX returned 11.17%/yr vs 2.38%/yr for TANDX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. OAYLX charges 0.87%/yr vs 1.59%/yr for TANDX.

Performance

OAYLX vs. TANDX - Performance Comparison

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

Returns By Period

In the year-to-date period, OAYLX achieves a 10.26% return, which is significantly higher than TANDX's -6.24% return.

OAYLX

• 1D: 0.46%
• 1M: 5.58%
• 6M: 13.54%
• YTD: 10.26%
• 1Y: 24.14%
• 3Y*: 16.00%
• 5Y*: 11.17%
• 10Y*: —
• ALL TIME*: 10.18%

TANDX

• 1D: 0.86%
• 1M: 3.68%
• 6M: -2.95%
• YTD: -6.24%
• 1Y: -7.89%
• 3Y*: 2.58%
• 5Y*: 2.38%
• 10Y*: —
• ALL TIME*: 6.48%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
OAYLX Oakmark Select Fund Advisor Class	$0.00	$0.00	$0.00
TANDX Castle Tandem Fund	$0.00	$0.00	$0.00

OAYLX vs. TANDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
OAYLX Oakmark Select Fund Advisor Class	10.26%	14.42%	14.30%	43.21%	-22.66%	34.60%	10.90%	10.16%
TANDX Castle Tandem Fund	-6.24%	3.67%	7.66%	8.42%	-7.87%	19.03%	13.39%	12.57%

Correlation

The correlation between OAYLX and TANDX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.74
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (All Time) Calculated using the full available price history since Mar 22, 2019	0.69

The correlation between OAYLX and TANDX has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

Return for Risk

OAYLX vs. TANDX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OAYLX

OAYLX Risk / Return Rank: 47
OAYLX Sharpe Ratio Rank: 52
OAYLX Sortino Ratio Rank: 55
OAYLX Omega Ratio Rank: 50
OAYLX Calmar Ratio Rank: 46
OAYLX Martin Ratio Rank: 32

TANDX

TANDX Risk / Return Rank: 1
TANDX Sharpe Ratio Rank: 1
TANDX Sortino Ratio Rank: 1
TANDX Omega Ratio Rank: 1
TANDX Calmar Ratio Rank: 1
TANDX Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OAYLX vs. TANDX - Risk-Adjusted Trends Comparison

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

	OAYLX	TANDX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	-0.65	+2.26
Sortino ratio: Return per unit of downside risk	2.37	-0.86	+3.23
Omega ratio: Gain probability vs. loss probability	1.29	0.90	+0.39
Calmar ratio: Return relative to maximum drawdown	2.02	-0.41	+2.43
Martin ratio: Return relative to average drawdown	5.40	-0.78	+6.18

OAYLX vs. TANDX - Sharpe Ratio Comparison

The current OAYLX Sharpe Ratio is 1.61, which is higher than the TANDX Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of OAYLX and TANDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OAYLX vs. TANDX - Drawdown Comparison

The maximum OAYLX drawdown since its inception was -47.35%, smaller than the maximum TANDX drawdown of -93.98%. Use the drawdown chart below to compare losses from any high point for OAYLX and TANDX.

Drawdown Indicators

	OAYLX	TANDX	Difference
Max Drawdown Largest peak-to-trough decline	-47.35%	-93.98%	+46.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.47%	-16.88%	+4.41%
Max Drawdown (3Y) Largest decline over 3 years	-18.74%	-93.98%	+75.24%
Max Drawdown (5Y) Largest decline over 5 years	-27.82%	-93.98%	+66.16%
Current Drawdown Current decline from peak	-1.61%	-93.44%	+91.83%
Average Drawdown Average peak-to-trough decline	-9.56%	-21.92%	+12.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.66%	8.84%	-4.18%

Volatility

OAYLX vs. TANDX - Volatility Comparison

Oakmark Select Fund Advisor Class (OAYLX) has a higher volatility of 5.76% compared to Castle Tandem Fund (TANDX) at 4.33%. This indicates that OAYLX's price experiences larger fluctuations and is considered to be riskier than TANDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAYLX	TANDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	4.33%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	12.39%	8.78%	+3.61%
Volatility (1Y) Calculated over the trailing 1-year period	15.68%	10.70%	+4.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.68%	596.04%	-576.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.79%	490.88%	-469.09%

OAYLX vs. TANDX - Expense Ratio Comparison

OAYLX has a 0.87% expense ratio, which is lower than TANDX's 1.59% expense ratio.

Dividends

OAYLX vs. TANDX - Dividend Comparison

OAYLX's dividend yield for the trailing twelve months is around 0.48%, less than TANDX's 6.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OAYLX Oakmark Select Fund Advisor Class	0.48%	0.52%	0.44%	0.62%	0.46%	0.70%	0.25%	0.81%	5.29%	0.44%
TANDX Castle Tandem Fund	6.58%	6.17%	3.71%	2.10%	1.48%	4.57%	0.33%	0.37%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OAYLX and TANDX in my portfolio?

OAYLX and TANDX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OAYLX or TANDX?

OAYLX has higher volatility (5.76%) compared to TANDX (4.33%). In terms of maximum drawdown, OAYLX dropped -47.35% vs TANDX's -93.98%.

Which has better risk-adjusted returns?

OAYLX currently has the higher Sharpe Ratio (1.61 vs -0.65), 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.