POGSX vs. ROGSX

Last updated Jun 3, 2026

POGSX (Pin Oak Equity) and ROGSX (Red Oak Technology Select Fund) are both mutual funds - POGSX is a Large Cap Blend Equities fund managed by Oak Associates, while ROGSX is a Technology Equities fund managed by Oak Associates. Over the past 10 years, POGSX returned 13.77%/yr vs 20.08%/yr for ROGSX. Their correlation of 0.91 suggests significant overlap in exposure. POGSX charges 0.91%/yr vs 0.92%/yr for ROGSX.

Performance

POGSX vs. ROGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pin Oak Equity (POGSX) and Red Oak Technology Select Fund (ROGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POGSX achieves a 15.77% return, which is significantly lower than ROGSX's 20.69% return. Over the past 10 years, POGSX has underperformed ROGSX with an annualized return of 13.77%, while ROGSX has yielded a comparatively higher 20.08% annualized return.

POGSX

• 1D: -0.15%
• 1M: 0.48%
• YTD: 15.77%
• 6M: 17.55%
• 1Y: 37.21%
• 3Y*: 26.76%
• 5Y*: 12.07%
• 10Y*: 13.77%

ROGSX

• 1D: 0.56%
• 1M: 9.93%
• YTD: 20.69%
• 6M: 20.13%
• 1Y: 48.39%
• 3Y*: 29.71%
• 5Y*: 16.62%
• 10Y*: 20.08%

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

POGSX vs. ROGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POGSX Pin Oak Equity	15.77%	27.41%	18.99%	27.16%	-25.10%	21.42%	10.60%	27.72%	-6.15%	15.14%
ROGSX Red Oak Technology Select Fund	20.69%	23.37%	24.87%	47.75%	-31.18%	25.16%	26.37%	34.36%	1.63%	31.10%

Correlation

The correlation between POGSX and ROGSX is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jan 5, 1999	0.91

The correlation between POGSX and ROGSX shifts across timeframes, from 0.75 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

POGSX vs. ROGSX — Risk / Return Rank

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

POGSX

POGSX Risk / Return Rank: 84
POGSX Sharpe Ratio Rank: 75
POGSX Sortino Ratio Rank: 88
POGSX Omega Ratio Rank: 80
POGSX Calmar Ratio Rank: 91
POGSX Martin Ratio Rank: 87

ROGSX

ROGSX Risk / Return Rank: 69
ROGSX Sharpe Ratio Rank: 83
ROGSX Sortino Ratio Rank: 63
ROGSX Omega Ratio Rank: 63
ROGSX Calmar Ratio Rank: 74
ROGSX Martin Ratio Rank: 59

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.

POGSX vs. ROGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pin Oak Equity (POGSX) and Red Oak Technology Select Fund (ROGSX). 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.

	POGSX	ROGSX	Difference
Sharpe ratio Return per unit of total volatility	2.51	2.70	-0.18
Sortino ratio Return per unit of downside risk	4.26	3.34	+0.92
Omega ratio Gain probability vs. loss probability	1.53	1.44	+0.09
Calmar ratio Return relative to maximum drawdown	4.71	3.40	+1.31
Martin ratio Return relative to average drawdown	17.04	11.86	+5.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POGSX vs. ROGSX - Sharpe Ratio Comparison

The current POGSX Sharpe Ratio is 2.51, which is comparable to the ROGSX Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of POGSX and ROGSX, 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

	POGSX	ROGSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.70	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.73	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.90	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.29	+0.02

Drawdowns

POGSX vs. ROGSX - Drawdown Comparison

The maximum POGSX drawdown since its inception was -89.46%, roughly equal to the maximum ROGSX drawdown of -92.96%. Use the drawdown chart below to compare losses from any high point for POGSX and ROGSX.

Drawdown Indicators

	POGSX	ROGSX	Difference
Max Drawdown Largest peak-to-trough decline	-89.46%	-92.96%	+3.50%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-14.51%	+6.48%
Max Drawdown (3Y) Largest decline over 3 years	-15.76%	-24.76%	+9.00%
Max Drawdown (5Y) Largest decline over 5 years	-29.81%	-36.03%	+6.22%
Max Drawdown (10Y) Largest decline over 10 years	-33.05%	-36.03%	+2.98%
Current Drawdown Current decline from peak	-0.94%	0.00%	-0.94%
Average Drawdown Average peak-to-trough decline	-36.73%	-51.62%	+14.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	4.16%	-1.94%

Volatility

POGSX vs. ROGSX - Volatility Comparison

The current volatility for Pin Oak Equity (POGSX) is 2.35%, while Red Oak Technology Select Fund (ROGSX) has a volatility of 4.78%. This indicates that POGSX experiences smaller price fluctuations and is considered to be less risky than ROGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POGSX	ROGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	4.78%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	12.59%	13.97%	-1.38%
Volatility (1Y) Calculated over the trailing 1-year period	15.11%	18.43%	-3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.75%	22.90%	-5.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.54%	22.46%	-3.92%

POGSX vs. ROGSX - Expense Ratio Comparison

POGSX has a 0.91% expense ratio, which is lower than ROGSX's 0.92% expense ratio.

Dividends

POGSX vs. ROGSX - Dividend Comparison

POGSX's dividend yield for the trailing twelve months is around 16.41%, more than ROGSX's 5.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
POGSX Pin Oak Equity	16.41%	8.85%	17.87%	8.21%	0.15%	10.93%	4.60%	3.22%	2.94%	1.79%	2.03%	3.83%
ROGSX Red Oak Technology Select Fund	5.41%	6.53%	4.38%	4.24%	5.12%	10.80%	4.52%	2.67%	5.26%	6.93%	1.49%	4.45%

Frequently Asked Questions

Can I hold both POGSX and ROGSX in my portfolio?

POGSX and ROGSX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, POGSX or ROGSX?

ROGSX has higher volatility (4.78%) compared to POGSX (2.35%). In terms of maximum drawdown, POGSX dropped -89.46% vs ROGSX's -92.96%.

Which has better risk-adjusted returns?

ROGSX currently has the higher Sharpe Ratio (2.70 vs 2.51), 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.