^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:
1.52
SWPPX:
2.19
^NDX:
2.06
SWPPX:
2.91
^NDX:
1.27
SWPPX:
1.40
^NDX:
2.07
SWPPX:
3.34
^NDX:
7.16
SWPPX:
13.91
^NDX:
3.93%
SWPPX:
2.03%
^NDX:
18.45%
SWPPX:
12.88%
^NDX:
-82.90%
SWPPX:
-55.06%
^NDX:
-2.97%
SWPPX:
-1.41%
Returns By Period
The year-to-date returns for both stocks are quite close, with ^NDX having a 2.04% return and SWPPX slightly lower at 2.02%. Over the past 10 years, ^NDX has outperformed SWPPX with an annualized return of 17.55%, while SWPPX has yielded a comparatively lower 13.11% annualized return.
^NDX
2.04%
0.71%
8.16%
23.84%
18.55%
17.55%
SWPPX
2.02%
1.20%
8.46%
25.56%
14.35%
13.11%
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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 6.45% compared to Schwab S&P 500 Index Fund (SWPPX) at 5.06%. 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.