AMFEX vs. SWPPX
Compare and contrast key facts about AAMA Equity Fund (AMFEX) and Schwab S&P 500 Index Fund (SWPPX).
AMFEX is managed by AAMA. It was launched on Jun 30, 2017. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMFEX or SWPPX.
Key characteristics
| AMFEX | SWPPX | |
|---|---|---|
| YTD Return | 5.29% | 6.28% |
| 1Y Return | 19.16% | 26.38% |
| 3Y Return (Ann) | 5.57% | 8.08% |
| 5Y Return (Ann) | 9.68% | 13.29% |
| Sharpe Ratio | 1.82 | 2.19 |
| Daily Std Dev | 10.16% | 11.83% |
| Max Drawdown | -30.41% | -55.06% |
| Current Drawdown | -2.80% | -3.86% |
Correlation
The correlation between AMFEX and SWPPX is 0.98, 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
AMFEX vs. SWPPX - Performance Comparison
In the year-to-date period, AMFEX achieves a 5.29% return, which is significantly lower than SWPPX's 6.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMFEX vs. SWPPX - Expense Ratio Comparison
AMFEX has a 1.17% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
AMFEX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AAMA Equity Fund (AMFEX) 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.
Dividends
AMFEX vs. SWPPX - Dividend Comparison
AMFEX's dividend yield for the trailing twelve months is around 0.87%, less than SWPPX's 1.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMFEX AAMA Equity Fund | 0.87% | 0.92% | 4.82% | 0.22% | 0.44% | 0.78% | 0.83% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.35% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
AMFEX vs. SWPPX - Drawdown Comparison
The maximum AMFEX drawdown since its inception was -30.41%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for AMFEX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
AMFEX vs. SWPPX - Volatility Comparison
The current volatility for AAMA Equity Fund (AMFEX) is 2.61%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.60%. This indicates that AMFEX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.