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 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
CLPAX vs. SWPPX - Performance Comparison
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CLPAX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | -7.05% | 12.32% | 11.42% | 35.92% | -30.54% | 13.11% | 5.25% | 19.41% | -3.65% | 8.20% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
The year-to-date returns for both stocks are quite close, with CLPAX having a -7.05% return and SWPPX slightly lower at -7.07%. Over the past 10 years, CLPAX has underperformed SWPPX with an annualized return of 5.33%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
CLPAX
- 1D
- -0.56%
- 1M
- -5.79%
- YTD
- -7.05%
- 6M
- -6.80%
- 1Y
- 14.47%
- 3Y*
- 11.10%
- 5Y*
- 4.94%
- 10Y*
- 5.33%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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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.
Return for Risk
CLPAX vs. SWPPX — Risk / Return Rank
CLPAX
SWPPX
CLPAX vs. SWPPX - Risk-Adjusted Trends 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.
| CLPAX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 0.84 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.36 | 1.30 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.06 | -0.09 |
Martin ratioReturn relative to average drawdown | 2.91 | 5.14 | -2.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLPAX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 0.84 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.68 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.76 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.48 | -0.14 |
Correlation
The correlation between CLPAX and SWPPX is 0.84, 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.
Dividends
CLPAX vs. SWPPX - Dividend Comparison
CLPAX's dividend yield for the trailing twelve months is around 9.79%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 9.79% | 9.10% | 0.00% | 0.00% | 2.68% | 0.32% | 0.49% | 5.41% | 0.30% | 0.02% | 0.00% | 17.26% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
CLPAX vs. SWPPX - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -32.47%, 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.
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Drawdown Indicators
| CLPAX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.47% | -55.06% | +22.59% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -12.10% | -0.77% |
Max Drawdown (5Y)Largest decline over 5 years | -32.47% | -24.51% | -7.96% |
Max Drawdown (10Y)Largest decline over 10 years | -32.47% | -33.80% | +1.33% |
Current DrawdownCurrent decline from peak | -12.87% | -8.89% | -3.98% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -10.00% | +1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 2.49% | +1.77% |
Volatility
CLPAX vs. SWPPX - Volatility Comparison
The current volatility for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) is 3.18%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. This indicates that CLPAX 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.
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Volatility by Period
| CLPAX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 4.29% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 9.11% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.59% | 18.14% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.63% | 16.89% | -1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.38% | 18.19% | -3.81% |