OAKM vs SCHV
Oakmark US Large Cap ETF vs Schwab US Large-Cap Value ETF
Which is better, OAKM or SCHV?
SCHV has been ahead.
SCHV has a lower expense ratio. SCHV led over 1Y and the full window. SCHV is less concentrated, with 20.9% of the fund in its ten largest positions against 35.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OAKM | SCHV |
|---|---|---|
| Expense Ratio | 0.59% | 0.04%Best |
| AUM | $1.1B | $15.2B |
| Dividend Yield | 0.60% | 1.77% |
| Holdings | 41 | 560 |
| YTD Return | +6.73% | +15.45%Best |
| 1Y Return | +17.09% | +20.66%Best |
| 3Y Return (annualized) | - | +19.59% |
| 5Y Return (annualized) | - | +10.81% |
| Volatility (annualized) | 12.3% | 10.6%Best |
| Max Drawdown | -15.2% | -14.3%Best |
| $10,000 over 1.9 years | $12,434 | $12,844Best |
| Top 10 Weight | 35.1% | 20.9%Best |
| Fund Family | Oakmark Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 3, 2024 | Dec 11, 2009 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 3, 2024 to Oct 12, 2026 (1.9 years).
OAKM vs SCHV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
OAKM vs SCHV Performance
Oakmark US Large Cap ETF (OAKM) is an ETF from Oakmark Funds and Schwab US Large-Cap Value ETF (SCHV) is an ETF from Charles Schwab Asset Management. Over the past year OAKM returned +17.09% while SCHV returned +20.66%. Year to date, OAKM is up 6.73% versus a gain of 15.45% for SCHV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OAKM has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 10.6% for SCHV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.2% for OAKM and -14.3% for SCHV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OAKM charges 0.59% per year while SCHV charges 0.04%. On a $10,000 position that is $59 vs $4 annually, a gap of $55 per year that compounds over a long holding period. On income, OAKM currently yields 0.60% against 1.77% for SCHV.
Holdings Overlap
66.1% of OAKM's money is in holdings SCHV also owns. 8.4% of SCHV's money is in holdings OAKM also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 39 positions we hold weights for in OAKM and 555 in SCHV, against full books of 41 and 560.
What only one of them owns
Our book lists 515 positions for SCHV that do not appear in our book for OAKM (90.5% of the fund), and 11 for OAKM that do not appear in SCHV (26.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OAKM | Weight in SCHV | Difference |
|---|---|---|---|
| BACBank of America Corp.: Financials | 3.34% | 1.29% | 2.05% |
| CCitigroup Inc. | 3.71% | 0.75% | 2.96% |
| MRKMerck & Company Inc | 3.26% | 1.12% | 2.14% |
| COFCapital One Financial Corp. | 3.32% | 0.41% | 2.91% |
| COPConocophillips Common Stock USD 0.01 | 3.16% | 0.53% | 2.63% |
| STTState Street Corp. | 3.45% | 0.17% | 3.28% |
| SCHWSchwab Strategic T | 3.06% | 0.55% | 2.51% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 3.45% | 0.13% | 3.32% |
| ELVElevance Health Inc | 3.25% | 0.29% | 2.96% |
| ICEInternational Exchange, Inc. | 3.24% | 0.28% | 2.96% |
66.1% of OAKM is already inside SCHV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OAKM or SCHV?
OAKM has an expense ratio of 0.59% while SCHV charges 0.04%. SCHV is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, OAKM or SCHV?
Over the past year OAKM returned +17.09% vs +20.66% for SCHV, so SCHV leads on 1-year performance. Over the longest common window we track (2 years), OAKM annualized +12.15% vs +14.08% for SCHV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OAKM or SCHV?
OAKM has been the more volatile fund at 12.3% annualized versus 10.6% for SCHV. Worst drawdown: OAKM -15.2% vs SCHV -14.3%.
Should I hold both OAKM and SCHV?
OAKM and SCHV have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OAKM and SCHV?
66.1% of OAKM's money is in holdings SCHV also owns. 8.4% of SCHV's is in holdings OAKM also owns. They hold 25 positions in common, counted across the 39 positions we hold weights for in OAKM and 555 in SCHV.
Which pays a higher dividend, OAKM or SCHV?
OAKM yields 0.60% while SCHV yields 1.77%, so SCHV currently pays the higher dividend yield.
Is SCHV better than OAKM?
SCHV has a lower expense ratio. SCHV led over 1Y and the full window. SCHV is less concentrated, with 20.9% of the fund in its ten largest positions against 35.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.