What this ETF is trying to do

The OAKMARK U.S. LARGE CAP ETF (OAKM) is an exchange-traded fund that invests in large companies in the United States. Based on its top holdings, it spreads its investments across different industries, including technology, finance, and healthcare.

What the numbers show

As of October 6, 2026, the share price of OAKM was $29.75.

When looking at performance, there are two different ways to measure returns:

• Price Return: This measures only the change in the share price. The one-year price return was approximately 11.26%, and the year-to-date (YTD) price return was approximately 4.90%.

• Total Return: This reflects the overall return, including distributions. The one-year total return was approximately 12.00%, and the YTD total return was approximately 4.90%.

To put this in perspective, the estimated price from roughly one year ago was $26.74. If an investor had put $10,000 into the fund based on that estimated price, the price-only growth would have increased that amount by about 11.26%.

Income and distribution explanation

This ETF pays out cash distributions to investors, but it does so on an irregular or less frequent basis. In the last 12 months, there was one payout. The distribution yield is approximately 0.64%.

It is important for beginners to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the underlying value of a fund's assets drops significantly over time. StockValueFinder uses an erosion-risk score to measure this. OAKM has an erosion score of 100, and the label states "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the fund's price trend did not trigger a warning.

Top Holdings

The fund holds 40 different assets. Because the list is partial, these are the Top Holdings as of October 7, 2026:

• Salesforce Inc: 4.35%

• Airbnb Inc: 4.10%

• Willis Towers Watson PLC: 3.60%

• Targa Resources Corp: 3.56%

• Citigroup Inc: 3.47%

• Keurig Dr Pepper Inc: 3.46%

• Merck & Co Inc: 3.40%

• State Street Corp: 3.38%

• Capital One Financial Corp: 3.36%

• Bank of America Corp: 3.29%

Pros

• Positive one-year price and total returns.

• No price erosion detected according to the erosion-risk score.

• Diversified across several large U.S. companies.

Cons

• The distribution yield is relatively low.

• Payouts are irregular and less frequent.

Beginner takeaway

OAKM is a fund focused on large U.S. companies. It has shown growth in both share price and total return over the past year. While it provides some cash income, the yield is low and the payments are not regular. Investors typically look for principal stability to ensure their original investment doesn't disappear while they collect income.