- ISIN
- US8085098551
- Issuer
- Charles Schwab
- Inception Date
- May 19, 1997
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities, S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $141B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
SWPPX Performance Chart
Schwab S&P 500 Index Fund (SWPPX) is up 8.4% since the beginning of the year. SWPPX is currently trading at $19 per share. Investors who bought $1,000 worth of SWPPX shares 5 years ago would now be looking at an investment worth $1,869.
Loading charts...
Returns By Period
Schwab S&P 500 Index Fund (SWPPX) has returned 8.44% so far this year and 23.76% over the past 12 months. Looking at the last ten years, SWPPX has achieved an annualized return of 15.31%, outperforming the S&P 500 Index benchmark, which averaged 13.24% per year.
Schwab S&P 500 Index Fund
- 1D
- -0.26%
- 1M
- -0.26%
- YTD
- 8.44%
- 6M
- 7.85%
- 1Y
- 23.76%
- 3Y*
- 21.36%
- 5Y*
- 13.33%
- 10Y*
- 15.31%
Benchmark (S&P 500 Index)
- 1D
- -1.62%
- 1M
- -1.97%
- YTD
- 6.16%
- 6M
- 5.52%
- 1Y
- 20.34%
- 3Y*
- 19.12%
- 5Y*
- 11.34%
- 10Y*
- 13.24%
SWPPX Monthly Returns History
Based on dividend-adjusted daily data since May 20, 1997, SWPPX's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Oct 2008 at -16.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SWPPX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.5%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.43% | -0.79% | -4.99% | 10.49% | 5.29% | -2.51% | 8.44% | ||||||
| 2025 | 2.78% | -1.30% | -5.64% | -0.68% | 6.29% | 5.09% | 2.24% | 2.05% | 3.60% | 2.37% | 0.23% | 0.07% | 17.87% |
| 2024 | 1.67% | 5.34% | 3.22% | -4.10% | 4.95% | 3.59% | 1.21% | 2.43% | 2.13% | -0.91% | 5.87% | -2.39% | 24.96% |
| 2023 | 6.28% | -2.45% | 3.68% | 1.55% | 0.44% | 6.60% | 3.22% | -1.59% | -4.77% | -2.09% | 9.12% | 4.55% | 26.26% |
| 2022 | -5.17% | -2.99% | 3.71% | -8.72% | 0.17% | -8.25% | 9.22% | -4.08% | -9.21% | 8.09% | 5.58% | -5.77% | -18.14% |
| 2021 | -1.01% | 2.76% | 4.37% | 5.33% | 0.70% | 2.34% | 2.37% | 3.04% | -4.66% | 7.00% | -0.70% | 4.49% | 28.67% |
Benchmark Metrics
Schwab S&P 500 Index Fund has an annualized alpha of 1.86%, beta of 1.00, and R2 of 0.99 versus S&P 500 Index. Calculated based on daily prices since May 20, 1997.
- This fund captured 105.35% of S&P 500 Index gains but only 96.74% of its losses - a favorable profile for investors.
- With beta of 1.00 and R2 of 0.99, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.86%
- Beta
- 1.00
- R²
- 0.99
- Upside Capture
- 105.35%
- Downside Capture
- 96.74%
Expense Ratio
SWPPX has an expense ratio of 0.02%, which is considered low.
Return for Risk
Risk / Return Rank
SWPPX ranks 67 for risk / return — better than 67% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) and compare them to S&P 500 Index.
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.
| SWPPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.30 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 2.25 | +0.52 |
| Martin ratioReturn relative to average drawdown | 12.71 | 10.14 | +2.58 |
Dividends
Dividend History
Schwab S&P 500 Index Fund provided a 1.02% dividend yield over the last twelve months, with an annual payout of $0.19 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.18 | $0.17 | $0.16 | $0.15 | $0.17 | $0.16 | $0.17 | $0.12 | $0.15 | $0.17 |
Dividend yield | 1.02% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Schwab S&P 500 Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Schwab S&P 500 Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Schwab S&P 500 Index Fund was 55.06%, occurring on Mar 9, 2009. Recovery took 750 trading sessions.
The current Schwab S&P 500 Index Fund drawdown is 2.91%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.06%Mar 2009 | 1y 5mo | 2y 11mo | 4y 4moOct 2007 - Feb 2012 |
Dot-com crash2000–2002 | -47.53%Oct 2002 | 2y 6mo | 4y 18d | 6y 7moMar 2000 - Oct 2006 |
COVID crash2020 | -33.80%Mar 2020 | 1mo 2d | 4mo 20d | 5mo 22dFeb 2020 - Aug 2020 |
Bear market2022 | -24.51%Oct 2022 | 9mo 11d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.41%Dec 2018 | 3mo 4d | 3mo 19d | 6mo 23dSep 2018 - Apr 2019 |
Drawdown Indicators
| SWPPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -56.78% | +1.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -9.10% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -18.74% | -18.90% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -24.51% | -25.43% | +0.92% |
Max Drawdown (10Y)Largest decline over 10 years | -33.80% | -33.92% | +0.12% |
Current DrawdownCurrent decline from peak | -2.91% | -4.50% | +1.59% |
Average DrawdownAverage peak-to-trough decline | -9.94% | -10.72% | +0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 2.01% | -0.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SWPPX
Add Schwab S&P 500 Index Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SWPPX