AQEIX vs. SWLGX

Last updated Jun 4, 2026

AQEIX (LKCM Aquinas Catholic Equity Fund) and SWLGX (Schwab U.S. Large-Cap Growth Index Fund) are both Large Cap Growth Equities funds. Over the past 5 years, AQEIX returned 5.41%/yr vs 16.03%/yr for SWLGX. Their correlation of 0.87 suggests significant overlap in exposure. AQEIX charges 1.00%/yr vs 0.04%/yr for SWLGX.

Performance

AQEIX vs. SWLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LKCM Aquinas Catholic Equity Fund (AQEIX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AQEIX achieves a 3.05% return, which is significantly lower than SWLGX's 8.61% return.

AQEIX

• 1D: -0.60%
• 1M: 0.61%
• YTD: 3.05%
• 6M: 1.81%
• 1Y: 9.35%
• 3Y*: 10.69%
• 5Y*: 5.41%
• 10Y*: 10.81%

SWLGX

• 1D: -0.37%
• 1M: 7.15%
• YTD: 8.61%
• 6M: 8.00%
• 1Y: 27.46%
• 3Y*: 25.54%
• 5Y*: 16.03%
• 10Y*: —

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

AQEIX vs. SWLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AQEIX LKCM Aquinas Catholic Equity Fund	3.05%	6.72%	13.29%	14.08%	-18.24%	25.35%	24.23%	30.51%	-8.03%	0.34%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	8.61%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%

Correlation

The correlation between AQEIX and SWLGX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Dec 20, 2017	0.87

The correlation between AQEIX and SWLGX shifts across timeframes, from 0.76 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AQEIX vs. SWLGX — Risk / Return Rank

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

AQEIX

AQEIX Risk / Return Rank: 14
AQEIX Sharpe Ratio Rank: 12
AQEIX Sortino Ratio Rank: 12
AQEIX Omega Ratio Rank: 11
AQEIX Calmar Ratio Rank: 17
AQEIX Martin Ratio Rank: 20

SWLGX

SWLGX Risk / Return Rank: 32
SWLGX Sharpe Ratio Rank: 40
SWLGX Sortino Ratio Rank: 36
SWLGX Omega Ratio Rank: 37
SWLGX Calmar Ratio Rank: 22
SWLGX Martin Ratio Rank: 23

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.

AQEIX vs. SWLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LKCM Aquinas Catholic Equity Fund (AQEIX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.

	AQEIX	SWLGX	Difference
Sharpe ratio: Return per unit of total volatility	0.93	1.85	-0.92
Sortino ratio: Return per unit of downside risk	1.35	2.50	-1.15
Omega ratio: Gain probability vs. loss probability	1.16	1.32	-0.16
Calmar ratio: Return relative to maximum drawdown	1.47	1.76	-0.29
Martin ratio: Return relative to average drawdown	5.32	5.92	-0.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AQEIX vs. SWLGX - Sharpe Ratio Comparison

The current AQEIX Sharpe Ratio is 0.93, which is lower than the SWLGX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of AQEIX and SWLGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AQEIX	SWLGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	1.85	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.75	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.80	-0.40

Drawdowns

AQEIX vs. SWLGX - Drawdown Comparison

The maximum AQEIX drawdown since its inception was -54.20%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for AQEIX and SWLGX.

Drawdown Indicators

	AQEIX	SWLGX	Difference
Max Drawdown Largest peak-to-trough decline	-54.20%	-32.69%	-21.51%
Max Drawdown (1Y) Largest decline over 1 year	-7.02%	-16.16%	+9.14%
Max Drawdown (3Y) Largest decline over 3 years	-19.25%	-23.30%	+4.05%
Max Drawdown (5Y) Largest decline over 5 years	-24.51%	-32.69%	+8.18%
Max Drawdown (10Y) Largest decline over 10 years	-33.65%	—	—
Current Drawdown Current decline from peak	-0.60%	-0.37%	-0.23%
Average Drawdown Average peak-to-trough decline	-8.70%	-7.05%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	4.80%	-2.86%

Volatility

AQEIX vs. SWLGX - Volatility Comparison

The current volatility for LKCM Aquinas Catholic Equity Fund (AQEIX) is 2.95%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 3.30%. This indicates that AQEIX experiences smaller price fluctuations and is considered to be less risky than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AQEIX	SWLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	3.30%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	7.94%	11.59%	-3.65%
Volatility (1Y) Calculated over the trailing 1-year period	11.08%	15.40%	-4.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.56%	21.49%	-4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.15%	22.68%	-4.53%

AQEIX vs. SWLGX - Expense Ratio Comparison

AQEIX has a 1.00% expense ratio, which is higher than SWLGX's 0.04% expense ratio.

Dividends

AQEIX vs. SWLGX - Dividend Comparison

AQEIX's dividend yield for the trailing twelve months is around 5.80%, more than SWLGX's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AQEIX LKCM Aquinas Catholic Equity Fund	5.80%	5.98%	7.90%	2.63%	6.05%	12.61%	6.73%	10.98%	23.36%	8.24%	7.92%	7.69%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.42%	0.46%	0.52%	0.67%	0.93%	1.76%	0.67%	0.96%	1.03%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AQEIX and SWLGX in my portfolio?

AQEIX and SWLGX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AQEIX or SWLGX?

SWLGX has higher volatility (3.30%) compared to AQEIX (2.95%). In terms of maximum drawdown, AQEIX dropped -54.20% vs SWLGX's -32.69%.

Which has better risk-adjusted returns?

SWLGX currently has the higher Sharpe Ratio (1.85 vs 0.93), 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.