BTC-USD vs. SWPPX

Last updated Apr 2, 2026

Compare and contrast key facts about Bitcoin (BTC-USD) and Schwab S&P 500 Index Fund (SWPPX).

SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.

Performance

BTC-USD vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin (BTC-USD) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

BTC-USD vs. SWPPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%
SWPPX Schwab S&P 500 Index Fund	-4.39%	17.87%	24.96%	26.26%	-18.14%	28.67%	18.38%	31.46%	-4.47%	21.81%

Returns By Period

In the year-to-date period, BTC-USD achieves a -21.63% return, which is significantly lower than SWPPX's -4.39% return. Over the past 10 years, BTC-USD has outperformed SWPPX with an annualized return of 66.45%, while SWPPX has yielded a comparatively lower 14.04% annualized return.

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

SWPPX

• 1D: 2.88%
• 1M: -5.04%
• YTD: -4.39%
• 6M: -2.17%
• 1Y: 17.28%
• 3Y*: 18.27%
• 5Y*: 11.76%
• 10Y*: 14.04%

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

Return for Risk

BTC-USD vs. SWPPX — Risk / Return Rank

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

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

SWPPX

SWPPX Risk / Return Rank: 59
SWPPX Sharpe Ratio Rank: 48
SWPPX Sortino Ratio Rank: 53
SWPPX Omega Ratio Rank: 56
SWPPX Calmar Ratio Rank: 64
SWPPX Martin Ratio Rank: 76

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.

BTC-USD vs. SWPPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) 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.

	BTC-USD	SWPPX	Difference
Sharpe ratio Return per unit of total volatility	-0.44	0.97	-1.41
Sortino ratio Return per unit of downside risk	-0.38	1.49	-1.87
Omega ratio Gain probability vs. loss probability	0.96	1.23	-0.27
Calmar ratio Return relative to maximum drawdown	-1.11	1.52	-2.63
Martin ratio Return relative to average drawdown	-1.99	7.29	-9.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTC-USD vs. SWPPX - Sharpe Ratio Comparison

The current BTC-USD Sharpe Ratio is -0.44, which is lower than the SWPPX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of BTC-USD and SWPPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BTC-USD	SWPPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	0.97	-1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.70	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	0.77	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	0.48	+0.71

Correlation

The correlation between BTC-USD and SWPPX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

BTC-USD vs. SWPPX - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for BTC-USD and SWPPX.

Drawdown Indicators

	BTC-USD	SWPPX	Difference
Max Drawdown Largest peak-to-trough decline	-85.30%	-55.06%	-30.24%
Max Drawdown (1Y) Largest decline over 1 year	-49.65%	-12.10%	-37.55%
Max Drawdown (5Y) Largest decline over 5 years	-76.67%	-24.51%	-52.16%
Max Drawdown (10Y) Largest decline over 10 years	-83.80%	-33.80%	-50.00%
Current Drawdown Current decline from peak	-45.02%	-6.26%	-38.76%
Average Drawdown Average peak-to-trough decline	-41.99%	-10.00%	-31.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.60%	2.52%	+25.08%

Volatility

BTC-USD vs. SWPPX - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 13.58% compared to Schwab S&P 500 Index Fund (SWPPX) at 5.36%. This indicates that BTC-USD'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.

Volatility by Period

	BTC-USD	SWPPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.58%	5.36%	+8.22%
Volatility (6M) Calculated over the trailing 6-month period	35.98%	9.55%	+26.43%
Volatility (1Y) Calculated over the trailing 1-year period	36.76%	18.32%	+18.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.90%	16.94%	+29.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.70%	18.21%	+38.49%