SCFIX vs. OAKMX
SCFIX (Shenkman Capital Short Duration High Income Fund) and OAKMX (Oakmark Fund Investor Class) are both mutual funds - SCFIX is a High Yield Bonds fund managed by Shenkman Funds, while OAKMX is a Large Cap Value Equities fund managed by Oakmark. Over the past 10 years, SCFIX returned 4.39%/yr vs 13.52%/yr for OAKMX. At a 0.42 correlation, their price movements are largely independent. SCFIX charges 0.67%/yr vs 0.91%/yr for OAKMX.
Performance
SCFIX vs. OAKMX - Performance Comparison
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Returns By Period
In the year-to-date period, SCFIX achieves a 1.42% return, which is significantly higher than OAKMX's -1.16% return. Over the past 10 years, SCFIX has underperformed OAKMX with an annualized return of 4.39%, while OAKMX has yielded a comparatively higher 13.52% annualized return.
SCFIX
- 1D
- 0.20%
- 1M
- 0.34%
- YTD
- 1.42%
- 6M
- 1.92%
- 1Y
- 5.23%
- 3Y*
- 6.61%
- 5Y*
- 4.43%
- 10Y*
- 4.39%
OAKMX
- 1D
- 0.57%
- 1M
- 1.33%
- YTD
- -1.16%
- 6M
- -1.64%
- 1Y
- 10.14%
- 3Y*
- 14.13%
- 5Y*
- 9.52%
- 10Y*
- 13.52%
SCFIX vs. OAKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCFIX Shenkman Capital Short Duration High Income Fund | 1.42% | 7.02% | 6.11% | 9.24% | -2.52% | 5.08% | 3.36% | 7.61% | 0.85% | 3.54% |
OAKMX Oakmark Fund Investor Class | -1.16% | 14.13% | 16.02% | 30.92% | -13.38% | 34.85% | 12.90% | 27.14% | -12.76% | 21.12% |
Correlation
The correlation between SCFIX and OAKMX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.42 |
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Return for Risk
SCFIX vs. OAKMX — Risk / Return Rank
SCFIX
OAKMX
SCFIX vs. OAKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shenkman Capital Short Duration High Income Fund (SCFIX) and Oakmark Fund Investor Class (OAKMX). 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.
| SCFIX | OAKMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.46 | ||
| Sortino ratioReturn per unit of downside risk | +4.09 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.13 | +0.63 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 1.27 | +3.34 |
| Martin ratioReturn relative to average drawdown | 24.75 | 3.18 | +21.57 |
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Drawdowns
SCFIX vs. OAKMX - Drawdown Comparison
The maximum SCFIX drawdown since its inception was -13.08%, smaller than the maximum OAKMX drawdown of -56.19%. Use the drawdown chart below to compare losses from any high point for SCFIX and OAKMX.
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Drawdown Indicators
| SCFIX | OAKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.08% | -56.19% | +43.11% |
Max Drawdown (1Y)Largest decline over 1 year | -1.11% | -6.98% | +5.87% |
Max Drawdown (3Y)Largest decline over 3 years | -1.72% | -17.05% | +15.33% |
Max Drawdown (5Y)Largest decline over 5 years | -6.30% | -23.68% | +17.38% |
Max Drawdown (10Y)Largest decline over 10 years | -13.08% | -41.43% | +28.35% |
Current DrawdownCurrent decline from peak | 0.00% | -3.69% | +3.69% |
Average DrawdownAverage peak-to-trough decline | -0.51% | -6.39% | +5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 2.79% | -2.58% |
Volatility
SCFIX vs. OAKMX - Volatility Comparison
The current volatility for Shenkman Capital Short Duration High Income Fund (SCFIX) is 0.48%, while Oakmark Fund Investor Class (OAKMX) has a volatility of 3.66%. This indicates that SCFIX experiences smaller price fluctuations and is considered to be less risky than OAKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCFIX | OAKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.48% | 3.66% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 1.30% | 9.57% | -8.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.64% | 13.13% | -11.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.77% | 18.32% | -15.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.28% | 20.40% | -17.12% |
SCFIX vs. OAKMX - Expense Ratio Comparison
SCFIX has a 0.67% expense ratio, which is lower than OAKMX's 0.91% expense ratio.
Dividends
SCFIX vs. OAKMX - Dividend Comparison
SCFIX's dividend yield for the trailing twelve months is around 5.32%, more than OAKMX's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKMX Oakmark Fund Investor Class | 0.93% | 0.92% | 1.12% | 1.02% | 0.92% | 1.94% | 0.17% | 8.33% | 8.13% | 4.06% | 2.58% | 1.43% |
SCFIX Shenkman Capital Short Duration High Income Fund | 5.32% | 5.54% | 5.85% | 5.21% | 3.86% | 4.93% | 3.24% | 3.78% | 3.87% | 3.09% | 3.07% | 3.38% |
Frequently Asked Questions
SCFIX and OAKMX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OAKMX has higher volatility (3.66%) compared to SCFIX (0.48%). In terms of maximum drawdown, SCFIX dropped -13.08% vs OAKMX's -56.19%.
SCFIX currently has the higher Sharpe Ratio (3.13 vs 0.68), 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.
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