APUE vs. SWTSX

Last updated Jun 24, 2026

APUE (ActivePassive U.S. Equity ETF) and SWTSX (Schwab Total Stock Market Index Fund) are both Large Cap Blend Equities funds. APUE is actively managed, while SWTSX is passively managed. Over the past 3 years, APUE returned 20.51%/yr vs 21.18%/yr for SWTSX. With a 0.98 correlation, they move nearly in lockstep. APUE charges 0.33%/yr vs 0.03%/yr for SWTSX.

Performance

APUE vs. SWTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive U.S. Equity ETF (APUE) and Schwab Total Stock Market Index Fund (SWTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APUE achieves a 8.71% return, which is significantly lower than SWTSX's 10.37% return.

APUE

• 1D: -1.31%
• 1M: -0.79%
• YTD: 8.71%
• 6M: 7.66%
• 1Y: 24.90%
• 3Y*: 20.51%
• 5Y*: —
• 10Y*: —

SWTSX

• 1D: -0.33%
• 1M: 0.56%
• YTD: 10.37%
• 6M: 9.24%
• 1Y: 25.87%
• 3Y*: 21.18%
• 5Y*: 12.36%
• 10Y*: 15.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

APUE vs. SWTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
APUE ActivePassive U.S. Equity ETF	8.71%	17.49%	23.89%	17.63%
SWTSX Schwab Total Stock Market Index Fund	10.37%	17.04%	23.84%	17.88%

Correlation

The correlation between APUE and SWTSX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since May 3, 2023	0.98

The correlation between APUE and SWTSX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

APUE vs. SWTSX - Sectors Allocation Comparison

Sectors	APUE	SWTSX
Technology	37.6%	37.2%
Financial Services	11.4%	11.4%
Consumer Cyclical	10.3%	9.8%
Communication Services	9.9%	9.8%
Industrials	9.3%	9.1%
Healthcare	8.6%	8.8%
Consumer Defensive	4.4%	4.3%
Energy	3.1%	3.3%
Basic Materials	2.0%	2.0%
Utilities	1.8%	2.1%
Real Estate	1.6%	2.3%

Return for Risk

APUE vs. SWTSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APUE

APUE Risk / Return Rank: 65
APUE Sharpe Ratio Rank: 66
APUE Sortino Ratio Rank: 63
APUE Omega Ratio Rank: 64
APUE Calmar Ratio Rank: 61
APUE Martin Ratio Rank: 73

SWTSX

SWTSX Risk / Return Rank: 64
SWTSX Sharpe Ratio Rank: 61
SWTSX Sortino Ratio Rank: 55
SWTSX Omega Ratio Rank: 56
SWTSX Calmar Ratio Rank: 70
SWTSX Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APUE vs. SWTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive U.S. Equity ETF (APUE) and Schwab Total Stock Market Index Fund (SWTSX). 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.

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.

	APUE	SWTSX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	2.11	-0.14
Sortino ratio: Return per unit of downside risk	2.70	2.86	-0.16
Omega ratio: Gain probability vs. loss probability	1.36	1.38	-0.02
Calmar ratio: Return relative to maximum drawdown	2.78	3.06	-0.28
Martin ratio: Return relative to average drawdown	12.63	13.62	-0.98

APUE vs. SWTSX - Sharpe Ratio Comparison

The current APUE Sharpe Ratio is 1.97, which is comparable to the SWTSX Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of APUE and SWTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APUE vs. SWTSX - Drawdown Comparison

The maximum APUE drawdown since its inception was -18.83%, smaller than the maximum SWTSX drawdown of -54.60%. Use the drawdown chart below to compare losses from any high point for APUE and SWTSX.

Drawdown Indicators

	APUE	SWTSX	Difference
Max Drawdown Largest peak-to-trough decline	-18.83%	-54.60%	+35.77%
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	-8.88%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	-19.43%	+0.60%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.01%	—
Current Drawdown Current decline from peak	-2.62%	-1.47%	-1.15%
Average Drawdown Average peak-to-trough decline	-2.06%	-10.55%	+8.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	1.99%	-0.01%

Volatility

APUE vs. SWTSX - Volatility Comparison

ActivePassive U.S. Equity ETF (APUE) and Schwab Total Stock Market Index Fund (SWTSX) have volatilities of 4.69% and 4.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APUE	SWTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	4.76%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	10.06%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	12.73%	12.89%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.75%	17.53%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.75%	18.65%	-3.90%

APUE vs. SWTSX - Expense Ratio Comparison

APUE has a 0.33% expense ratio, which is higher than SWTSX's 0.03% expense ratio.

Dividends

APUE vs. SWTSX - Dividend Comparison

APUE's dividend yield for the trailing twelve months is around 0.77%, less than SWTSX's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APUE ActivePassive U.S. Equity ETF	0.77%	0.83%	0.79%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SWTSX Schwab Total Stock Market Index Fund	1.00%	1.10%	1.24%	1.41%	1.62%	1.46%	1.63%	1.92%	2.58%	1.83%	2.32%	2.79%

Frequently Asked Questions

Can I hold both APUE and SWTSX in my portfolio?

With a correlation of 0.99, APUE and SWTSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, APUE or SWTSX?

SWTSX has higher volatility (4.76%) compared to APUE (4.69%). In terms of maximum drawdown, APUE dropped -18.83% vs SWTSX's -54.60%.

Which has better risk-adjusted returns?

SWTSX currently has the higher Sharpe Ratio (2.11 vs 1.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.