^NDX vs. SWPPX
Compare and contrast key facts about NASDAQ 100 (^NDX) and Schwab S&P 500 Index Fund (SWPPX).
SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NDX or SWPPX.
Correlation
The correlation between ^NDX and SWPPX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^NDX vs. SWPPX - Performance Comparison
Key characteristics
^NDX:
0.33
SWPPX:
0.62
^NDX:
0.56
SWPPX:
0.90
^NDX:
1.07
SWPPX:
1.12
^NDX:
0.48
SWPPX:
0.86
^NDX:
1.26
SWPPX:
2.84
^NDX:
5.13%
SWPPX:
3.04%
^NDX:
19.81%
SWPPX:
13.97%
^NDX:
-82.90%
SWPPX:
-55.06%
^NDX:
-12.35%
SWPPX:
-8.16%
Returns By Period
In the year-to-date period, ^NDX achieves a -7.50% return, which is significantly lower than SWPPX's -3.91% return. Over the past 10 years, ^NDX has outperformed SWPPX with an annualized return of 16.28%, while SWPPX has yielded a comparatively lower 12.30% annualized return.
^NDX
-7.50%
-6.93%
-1.70%
6.25%
20.64%
16.28%
SWPPX
-3.91%
-5.27%
-0.68%
8.85%
19.27%
12.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^NDX vs. SWPPX — Risk-Adjusted Performance Rank
^NDX
SWPPX
^NDX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ 100 (^NDX) and Schwab S&P 500 Index Fund (SWPPX). 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.
Drawdowns
^NDX vs. SWPPX - Drawdown Comparison
The maximum ^NDX drawdown since its inception was -82.90%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for ^NDX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
^NDX vs. SWPPX - Volatility Comparison
NASDAQ 100 (^NDX) has a higher volatility of 7.72% compared to Schwab S&P 500 Index Fund (SWPPX) at 5.79%. This indicates that ^NDX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.