VLIFX vs. OAKLX

Last updated Jun 5, 2026

VLIFX (Value Line Mid Cap Focused Fund) and OAKLX (Oakmark Select Fund) are both mutual funds - VLIFX is a Mid Cap Growth Equities fund managed by Value Line, while OAKLX is a Large Cap Value Equities fund managed by Oakmark. Over the past 10 years, VLIFX returned 11.64%/yr vs 10.74%/yr for OAKLX. A 0.75 correlation means they provide meaningful diversification when combined. VLIFX charges 1.07%/yr vs 0.98%/yr for OAKLX.

Performance

VLIFX vs. OAKLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Value Line Mid Cap Focused Fund (VLIFX) and Oakmark Select Fund (OAKLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VLIFX achieves a -1.36% return, which is significantly higher than OAKLX's -1.44% return. Over the past 10 years, VLIFX has outperformed OAKLX with an annualized return of 11.64%, while OAKLX has yielded a comparatively lower 10.74% annualized return.

VLIFX

• 1D: 0.00%
• 1M: -0.51%
• YTD: -1.36%
• 6M: -2.70%
• 1Y: -1.92%
• 3Y*: 6.75%
• 5Y*: 5.81%
• 10Y*: 11.64%

OAKLX

• 1D: -1.30%
• 1M: 0.09%
• YTD: -1.44%
• 6M: 1.65%
• 1Y: 13.43%
• 3Y*: 15.37%
• 5Y*: 8.26%
• 10Y*: 10.74%

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

VLIFX vs. OAKLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VLIFX Value Line Mid Cap Focused Fund	-1.36%	0.79%	7.59%	22.11%	-9.60%	19.76%	19.96%	35.30%	4.65%	19.85%
OAKLX Oakmark Select Fund	-1.44%	14.26%	14.15%	43.02%	-22.51%	34.62%	10.76%	27.70%	-24.90%	15.69%

Correlation

The correlation between VLIFX and OAKLX is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Nov 1, 1996	0.75

The correlation between VLIFX and OAKLX shifts across timeframes, from 0.62 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VLIFX vs. OAKLX — Risk / Return Rank

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

VLIFX

VLIFX Risk / Return Rank: 2
VLIFX Sharpe Ratio Rank: 2
VLIFX Sortino Ratio Rank: 2
VLIFX Omega Ratio Rank: 2
VLIFX Calmar Ratio Rank: 2
VLIFX Martin Ratio Rank: 2

OAKLX

OAKLX Risk / Return Rank: 11
OAKLX Sharpe Ratio Rank: 12
OAKLX Sortino Ratio Rank: 12
OAKLX Omega Ratio Rank: 11
OAKLX Calmar Ratio Rank: 11
OAKLX Martin Ratio Rank: 10

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.

VLIFX vs. OAKLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Value Line Mid Cap Focused Fund (VLIFX) and Oakmark Select Fund (OAKLX). 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.

	VLIFX	OAKLX	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	0.89	-1.03
Sortino ratio: Return per unit of downside risk	-0.11	1.35	-1.46
Omega ratio: Gain probability vs. loss probability	0.99	1.17	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.16	1.06	-1.22
Martin ratio: Return relative to average drawdown	-0.45	2.80	-3.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VLIFX vs. OAKLX - Sharpe Ratio Comparison

The current VLIFX Sharpe Ratio is -0.14, which is lower than the OAKLX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of VLIFX and OAKLX, 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

	VLIFX	OAKLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.14	0.89	-1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.42	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.50	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.58	-0.19

Drawdowns

VLIFX vs. OAKLX - Drawdown Comparison

The maximum VLIFX drawdown since its inception was -61.48%, roughly equal to the maximum OAKLX drawdown of -61.15%. Use the drawdown chart below to compare losses from any high point for VLIFX and OAKLX.

Drawdown Indicators

	VLIFX	OAKLX	Difference
Max Drawdown Largest peak-to-trough decline	-61.48%	-61.15%	-0.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-12.49%	+0.68%
Max Drawdown (3Y) Largest decline over 3 years	-17.66%	-18.76%	+1.10%
Max Drawdown (5Y) Largest decline over 5 years	-21.91%	-27.87%	+5.96%
Max Drawdown (10Y) Largest decline over 10 years	-35.51%	-48.42%	+12.91%
Current Drawdown Current decline from peak	-8.74%	-3.93%	-4.81%
Average Drawdown Average peak-to-trough decline	-15.66%	-8.98%	-6.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	4.71%	-0.54%

Volatility

VLIFX vs. OAKLX - Volatility Comparison

The current volatility for Value Line Mid Cap Focused Fund (VLIFX) is 3.69%, while Oakmark Select Fund (OAKLX) has a volatility of 4.44%. This indicates that VLIFX experiences smaller price fluctuations and is considered to be less risky than OAKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VLIFX	OAKLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	4.44%	-0.75%
Volatility (6M) Calculated over the trailing 6-month period	10.05%	11.13%	-1.08%
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	14.80%	-1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.87%	19.59%	-2.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.85%	21.57%	-3.72%

VLIFX vs. OAKLX - Expense Ratio Comparison

VLIFX has a 1.07% expense ratio, which is higher than OAKLX's 0.98% expense ratio.

Dividends

VLIFX vs. OAKLX - Dividend Comparison

VLIFX's dividend yield for the trailing twelve months is around 2.19%, more than OAKLX's 0.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OAKLX Oakmark Select Fund	0.39%	0.39%	0.31%	0.51%	0.62%	0.70%	0.00%	0.67%	5.04%	4.20%	4.88%	0.30%
VLIFX Value Line Mid Cap Focused Fund	2.19%	2.16%	0.99%	0.03%	7.22%	8.23%	7.81%	1.42%	5.12%	1.61%	2.24%	0.00%

Frequently Asked Questions

Can I hold both VLIFX and OAKLX in my portfolio?

VLIFX and OAKLX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VLIFX or OAKLX?

OAKLX has higher volatility (4.44%) compared to VLIFX (3.69%). In terms of maximum drawdown, VLIFX dropped -61.48% vs OAKLX's -61.15%.

Which has better risk-adjusted returns?

OAKLX currently has the higher Sharpe Ratio (0.89 vs -0.14), 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.