VSPVX vs. OANMX
VSPVX (Vanguard S&P 500 Value Index Fund Institutional Shares) and OANMX (Oakmark Fund Institutional Class) are both Large Cap Value Equities funds. Over the past 5 years, VSPVX returned 11.62%/yr vs 11.64%/yr for OANMX. Their correlation of 0.92 means they have usually moved in the same direction. VSPVX charges 0.08%/yr vs 0.68%/yr for OANMX.
Performance
VSPVX vs. OANMX - Performance Comparison
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Returns By Period
In the year-to-date period, VSPVX achieves a 10.82% return, which is significantly higher than OANMX's 7.31% return.
VSPVX
- 1D
- 0.60%
- 1M
- 1.20%
- 6M
- 7.26%
- YTD
- 10.82%
- 1Y
- 20.77%
- 3Y*
- 14.57%
- 5Y*
- 11.62%
- 10Y*
- 11.73%
- ALL TIME*
- 10.56%
OANMX
- 1D
- 0.98%
- 1M
- 4.17%
- 6M
- 7.73%
- YTD
- 7.31%
- 1Y
- 16.81%
- 3Y*
- 15.19%
- 5Y*
- 11.64%
- 10Y*
- —
- ALL TIME*
- 12.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VSPVX vs. OANMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSPVX Vanguard S&P 500 Value Index Fund Institutional Shares | 10.82% | 12.62% | 11.99% | 22.39% | -5.33% | 24.80% | 1.23% | 31.84% | -9.02% | 15.28% |
OANMX Oakmark Fund Institutional Class | 7.31% | 14.38% | 16.28% | 31.21% | -13.18% | 34.87% | 13.09% | 27.35% | -12.62% | 15.96% |
Correlation
The correlation between VSPVX and OANMX is 0.80, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.92 |
The correlation between VSPVX and OANMX shifts across timeframes, from 0.80 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VSPVX vs. OANMX — Risk / Return Rank
VSPVX
OANMX
VSPVX vs. OANMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Value Index Fund Institutional Shares (VSPVX) and Oakmark Fund Institutional Class (OANMX). 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.
| VSPVX | OANMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.24 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.60 | +0.93 |
| Martin ratioReturn relative to average drawdown | 13.63 | 6.51 | +7.12 |
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Drawdowns
VSPVX vs. OANMX - Drawdown Comparison
The maximum VSPVX drawdown since its inception was -37.05%, smaller than the maximum OANMX drawdown of -40.08%. Use the drawdown chart below to compare losses from any high point for VSPVX and OANMX.
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Drawdown Indicators
| VSPVX | OANMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.05% | -40.08% | +3.03% |
Max Drawdown (1Y)Largest decline over 1 year | -6.24% | -6.93% | +0.69% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | -17.01% | -0.90% |
Max Drawdown (5Y)Largest decline over 5 years | -18.00% | -23.55% | +5.55% |
Max Drawdown (10Y)Largest decline over 10 years | -37.05% | — | — |
Current DrawdownCurrent decline from peak | -0.53% | 0.00% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -5.52% | +1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 2.77% | -1.16% |
Volatility
VSPVX vs. OANMX - Volatility Comparison
The current volatility for Vanguard S&P 500 Value Index Fund Institutional Shares (VSPVX) is 2.52%, while Oakmark Fund Institutional Class (OANMX) has a volatility of 4.29%. This indicates that VSPVX experiences smaller price fluctuations and is considered to be less risky than OANMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VSPVX | OANMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 4.29% | -1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 7.20% | 9.81% | -2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.87% | 13.40% | -3.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 18.25% | -3.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.00% | 20.55% | -3.55% |
VSPVX vs. OANMX - Expense Ratio Comparison
VSPVX has a 0.08% expense ratio, which is lower than OANMX's 0.68% expense ratio.
Dividends
VSPVX vs. OANMX - Dividend Comparison
VSPVX's dividend yield for the trailing twelve months is around 1.67%, more than OANMX's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OANMX Oakmark Fund Institutional Class | 1.06% | 1.14% | 1.34% | 1.22% | 1.17% | 1.94% | 0.33% | 8.53% | 8.37% | 0.66% | 0.00% | 0.00% |
VSPVX Vanguard S&P 500 Value Index Fund Institutional Shares | 1.67% | 1.35% | 2.12% | 1.70% | 2.21% | 1.88% | 2.46% | 2.12% | 2.73% | 2.18% | 2.30% | 2.47% |
Frequently Asked Questions
VSPVX and OANMX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OANMX has higher volatility (4.29%) compared to VSPVX (2.52%). In terms of maximum drawdown, VSPVX dropped -37.05% vs OANMX's -40.08%.
VSPVX currently has the higher Sharpe Ratio (2.23 vs 1.35), 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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