CLPAX vs. SWPPX
Compare and contrast key facts about Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and Schwab S&P 500 Index Fund (SWPPX).
CLPAX is managed by Catalyst Mutual Funds. It was launched on Dec 30, 2013. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLPAX or SWPPX.
Correlation
The correlation between CLPAX and SWPPX is 0.83, 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
CLPAX vs. SWPPX - Performance Comparison
Key characteristics
CLPAX:
1.06
SWPPX:
2.10
CLPAX:
1.52
SWPPX:
2.80
CLPAX:
1.19
SWPPX:
1.39
CLPAX:
1.13
SWPPX:
3.12
CLPAX:
4.27
SWPPX:
13.52
CLPAX:
3.24%
SWPPX:
1.95%
CLPAX:
13.08%
SWPPX:
12.59%
CLPAX:
-36.85%
SWPPX:
-55.06%
CLPAX:
-3.00%
SWPPX:
-3.72%
Returns By Period
In the year-to-date period, CLPAX achieves a 12.87% return, which is significantly lower than SWPPX's 24.49% return. Over the past 10 years, CLPAX has underperformed SWPPX with an annualized return of 1.25%, while SWPPX has yielded a comparatively higher 12.92% annualized return.
CLPAX
12.87%
2.80%
5.08%
12.97%
4.20%
1.25%
SWPPX
24.49%
-1.37%
7.94%
24.91%
14.50%
12.92%
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CLPAX vs. SWPPX - Expense Ratio Comparison
CLPAX has a 1.74% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
CLPAX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) 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
CLPAX vs. SWPPX - Dividend Comparison
Neither CLPAX nor SWPPX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | 0.29% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 0.00% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
CLPAX vs. SWPPX - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -36.85%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for CLPAX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
CLPAX vs. SWPPX - Volatility Comparison
Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) has a higher volatility of 4.55% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.97%. This indicates that CLPAX'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.