ROGSX vs. WM

Last updated Jun 24, 2026

ROGSX (Red Oak Technology Select Fund) is Technology Equities fund managed by Oak Associates, while WM (Waste Management, Inc.) is a stock. Over the past 10 years, ROGSX returned 20.01%/yr vs 15.19%/yr for WM. At a 0.35 correlation, their price movements are largely independent.

Performance

ROGSX vs. WM - Performance Comparison

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

Returns By Period

In the year-to-date period, ROGSX achieves a 16.36% return, which is significantly higher than WM's 0.43% return. Over the past 10 years, ROGSX has outperformed WM with an annualized return of 20.01%, while WM has yielded a comparatively lower 15.19% annualized return.

ROGSX

• 1D: -1.10%
• 1M: -0.31%
• YTD: 16.36%
• 6M: 15.07%
• 1Y: 37.98%
• 3Y*: 27.73%
• 5Y*: 15.36%
• 10Y*: 20.01%

WM

• 1D: 2.59%
• 1M: 0.87%
• YTD: 0.43%
• 6M: 0.15%
• 1Y: -5.27%
• 3Y*: 11.43%
• 5Y*: 11.30%
• 10Y*: 15.19%

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

ROGSX vs. WM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROGSX Red Oak Technology Select Fund	16.36%	23.37%	24.87%	47.75%	-31.18%	25.16%	26.37%	34.36%	1.63%	31.10%
WM Waste Management, Inc.	0.43%	10.50%	14.28%	16.20%	-4.49%	43.82%	5.46%	30.45%	5.32%	24.46%

Correlation

The correlation between ROGSX and WM is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.30
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999	0.35

The correlation between ROGSX and WM shifts across timeframes, from -0.30 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ROGSX vs. WM — Risk / Return Rank

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

ROGSX

ROGSX Risk / Return Rank: 48
ROGSX Sharpe Ratio Rank: 53
ROGSX Sortino Ratio Rank: 43
ROGSX Omega Ratio Rank: 45
ROGSX Calmar Ratio Rank: 54
ROGSX Martin Ratio Rank: 47

WM

WM Risk / Return Rank: 29
WM Sharpe Ratio Rank: 31
WM Sortino Ratio Rank: 26
WM Omega Ratio Rank: 26
WM Calmar Ratio Rank: 32
WM Martin Ratio Rank: 30

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.

ROGSX vs. WM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Red Oak Technology Select Fund (ROGSX) and Waste Management, Inc. (WM). 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.

	ROGSX	WM	Difference
Sharpe ratio: Return per unit of total volatility	2.00	-0.28	+2.27
Sortino ratio: Return per unit of downside risk	2.53	-0.26	+2.78
Omega ratio: Gain probability vs. loss probability	1.34	0.97	+0.37
Calmar ratio: Return relative to maximum drawdown	2.71	-0.32	+3.02
Martin ratio: Return relative to average drawdown	9.17	-0.68	+9.85

ROGSX vs. WM - Sharpe Ratio Comparison

The current ROGSX Sharpe Ratio is 2.00, which is higher than the WM Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of ROGSX and WM, 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

ROGSX vs. WM - Drawdown Comparison

The maximum ROGSX drawdown since its inception was -92.96%, which is greater than WM's maximum drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for ROGSX and WM.

Drawdown Indicators

	ROGSX	WM	Difference
Max Drawdown Largest peak-to-trough decline	-92.96%	-77.85%	-15.11%
Max Drawdown (1Y) Largest decline over 1 year	-14.51%	-16.70%	+2.19%
Max Drawdown (3Y) Largest decline over 3 years	-24.76%	-18.14%	-6.62%
Max Drawdown (5Y) Largest decline over 5 years	-36.03%	-18.14%	-17.89%
Max Drawdown (10Y) Largest decline over 10 years	-36.03%	-30.07%	-5.96%
Current Drawdown Current decline from peak	-4.14%	-10.49%	+6.35%
Average Drawdown Average peak-to-trough decline	-51.52%	-17.68%	-33.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.28%	7.73%	-3.45%

Volatility

ROGSX vs. WM - Volatility Comparison

Red Oak Technology Select Fund (ROGSX) has a higher volatility of 8.18% compared to Waste Management, Inc. (WM) at 6.58%. This indicates that ROGSX's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROGSX	WM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.18%	6.58%	+1.60%
Volatility (6M) Calculated over the trailing 6-month period	15.40%	14.22%	+1.18%
Volatility (1Y) Calculated over the trailing 1-year period	19.72%	19.24%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.12%	18.65%	+4.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.58%	19.57%	+3.01%

Dividends

ROGSX vs. WM - Dividend Comparison

ROGSX's dividend yield for the trailing twelve months is around 5.61%, more than WM's 1.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROGSX Red Oak Technology Select Fund	5.61%	6.53%	4.38%	4.24%	5.12%	10.80%	4.52%	2.67%	5.26%	6.93%	1.49%	4.45%
WM Waste Management, Inc.	1.62%	1.50%	1.49%	1.56%	1.66%	1.38%	1.85%	1.80%	2.09%	1.97%	2.31%	2.89%

Frequently Asked Questions

Can I hold both ROGSX and WM in my portfolio?

ROGSX and WM have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROGSX or WM?

ROGSX has higher volatility (8.18%) compared to WM (6.58%). In terms of maximum drawdown, ROGSX dropped -92.96% vs WM's -77.85%.

Which has better risk-adjusted returns?

ROGSX currently has the higher Sharpe Ratio (2.00 vs -0.28), 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.