OAZMX vs. PSECX

Last updated Jun 4, 2026

OAZMX (Oakmark Fund R6 Class) and PSECX (1789 Growth and Income Fund) are both Large Cap Value Equities funds. Over the past 5 years, OAZMX returned 9.65%/yr vs 7.00%/yr for PSECX. A 0.77 correlation means they provide meaningful diversification when combined. OAZMX charges 0.62%/yr vs 2.02%/yr for PSECX.

Performance

OAZMX vs. PSECX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark Fund R6 Class (OAZMX) and 1789 Growth and Income Fund (PSECX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OAZMX achieves a -0.81% return, which is significantly lower than PSECX's 3.23% return.

OAZMX

• 1D: -0.79%
• 1M: -0.36%
• YTD: -0.81%
• 6M: 2.24%
• 1Y: 11.77%
• 3Y*: 15.35%
• 5Y*: 9.65%
• 10Y*: —

PSECX

• 1D: 0.52%
• 1M: -0.66%
• YTD: 3.23%
• 6M: 2.17%
• 1Y: 8.22%
• 3Y*: 11.87%
• 5Y*: 7.00%
• 10Y*: 7.28%

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

OAZMX vs. PSECX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OAZMX Oakmark Fund R6 Class	-0.81%	14.45%	16.33%	31.29%	-13.16%	34.59%	1.81%
PSECX 1789 Growth and Income Fund	3.23%	8.04%	14.49%	10.64%	-10.66%	25.43%	1.51%

Correlation

The correlation between OAZMX and PSECX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Dec 24, 2020	0.77

The correlation between OAZMX and PSECX shifts across timeframes, from 0.66 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

OAZMX vs. PSECX — Risk / Return Rank

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

OAZMX

OAZMX Risk / Return Rank: 16
OAZMX Sharpe Ratio Rank: 13
OAZMX Sortino Ratio Rank: 13
OAZMX Omega Ratio Rank: 12
OAZMX Calmar Ratio Rank: 24
OAZMX Martin Ratio Rank: 17

PSECX

PSECX Risk / Return Rank: 12
PSECX Sharpe Ratio Rank: 11
PSECX Sortino Ratio Rank: 11
PSECX Omega Ratio Rank: 10
PSECX Calmar Ratio Rank: 12
PSECX 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.

OAZMX vs. PSECX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark Fund R6 Class (OAZMX) and 1789 Growth and Income Fund (PSECX). 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.

	OAZMX	PSECX	Difference
Sharpe ratio: Return per unit of total volatility	0.97	0.87	+0.11
Sortino ratio: Return per unit of downside risk	1.47	1.30	+0.17
Omega ratio: Gain probability vs. loss probability	1.18	1.15	+0.03
Calmar ratio: Return relative to maximum drawdown	1.82	1.15	+0.67
Martin ratio: Return relative to average drawdown	4.70	4.26	+0.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAZMX vs. PSECX - Sharpe Ratio Comparison

The current OAZMX Sharpe Ratio is 0.97, which is comparable to the PSECX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of OAZMX and PSECX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OAZMX	PSECX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	0.87	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.59	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.56	+0.23

Drawdowns

OAZMX vs. PSECX - Drawdown Comparison

The maximum OAZMX drawdown since its inception was -23.54%, smaller than the maximum PSECX drawdown of -31.13%. Use the drawdown chart below to compare losses from any high point for OAZMX and PSECX.

Drawdown Indicators

	OAZMX	PSECX	Difference
Max Drawdown Largest peak-to-trough decline	-23.54%	-31.13%	+7.59%
Max Drawdown (1Y) Largest decline over 1 year	-6.93%	-7.44%	+0.51%
Max Drawdown (3Y) Largest decline over 3 years	-17.01%	-12.51%	-4.50%
Max Drawdown (5Y) Largest decline over 5 years	-23.54%	-18.47%	-5.07%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.13%	—
Current Drawdown Current decline from peak	-3.36%	-2.49%	-0.87%
Average Drawdown Average peak-to-trough decline	-4.73%	-3.88%	-0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.00%	+0.68%

Volatility

OAZMX vs. PSECX - Volatility Comparison

Oakmark Fund R6 Class (OAZMX) has a higher volatility of 2.93% compared to 1789 Growth and Income Fund (PSECX) at 2.71%. This indicates that OAZMX's price experiences larger fluctuations and is considered to be riskier than PSECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAZMX	PSECX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	2.71%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	9.34%	7.71%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	13.01%	9.89%	+3.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.27%	11.94%	+6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	13.20%	+4.99%

OAZMX vs. PSECX - Expense Ratio Comparison

OAZMX has a 0.62% expense ratio, which is lower than PSECX's 2.02% expense ratio.

Dividends

OAZMX vs. PSECX - Dividend Comparison

OAZMX's dividend yield for the trailing twelve months is around 1.21%, more than PSECX's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OAZMX Oakmark Fund R6 Class	1.21%	1.20%	1.38%	1.26%	1.22%	1.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSECX 1789 Growth and Income Fund	0.98%	0.85%	3.88%	2.71%	4.60%	1.53%	0.27%	1.16%	6.78%	0.59%	0.31%	5.12%

Frequently Asked Questions

Can I hold both OAZMX and PSECX in my portfolio?

OAZMX and PSECX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OAZMX or PSECX?

OAZMX has higher volatility (2.93%) compared to PSECX (2.71%). In terms of maximum drawdown, OAZMX dropped -23.54% vs PSECX's -31.13%.

Which has better risk-adjusted returns?

OAZMX currently has the higher Sharpe Ratio (0.97 vs 0.87), 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.