CZMSX vs. SWSSX
Compare and contrast key facts about Multi-Manager Small Cap Equity Strategies Fund (CZMSX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX).
CZMSX is managed by BlackRock. It was launched on Jan 3, 2017. SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997.
Performance
CZMSX vs. SWSSX - Performance Comparison
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CZMSX vs. SWSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CZMSX Multi-Manager Small Cap Equity Strategies Fund | 0.46% | 1.55% | 8.55% | 15.65% | -20.05% | 19.40% | 20.47% | 27.16% | -10.77% | 14.84% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 0.90% | 12.88% | 11.57% | 17.07% | -20.43% | 14.77% | 20.12% | 25.63% | -11.19% | 14.35% |
Returns By Period
In the year-to-date period, CZMSX achieves a 0.46% return, which is significantly lower than SWSSX's 0.90% return.
CZMSX
- 1D
- 3.01%
- 1M
- -5.52%
- YTD
- 0.46%
- 6M
- 1.83%
- 1Y
- 13.34%
- 3Y*
- 7.51%
- 5Y*
- 1.44%
- 10Y*
- —
SWSSX
- 1D
- 3.48%
- 1M
- -5.84%
- YTD
- 0.90%
- 6M
- 2.87%
- 1Y
- 25.74%
- 3Y*
- 13.11%
- 5Y*
- 3.50%
- 10Y*
- 9.87%
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CZMSX vs. SWSSX - Expense Ratio Comparison
CZMSX has a 0.99% expense ratio, which is higher than SWSSX's 0.04% expense ratio.
Return for Risk
CZMSX vs. SWSSX — Risk / Return Rank
CZMSX
SWSSX
CZMSX vs. SWSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Multi-Manager Small Cap Equity Strategies Fund (CZMSX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). 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.
| CZMSX | SWSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.61 | 1.11 | -0.50 |
Sortino ratioReturn per unit of downside risk | 1.03 | 1.66 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.21 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.95 | 1.81 | -0.86 |
Martin ratioReturn relative to average drawdown | 3.55 | 6.78 | -3.23 |
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
| CZMSX | SWSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 1.11 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.16 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.34 | -0.03 |
Correlation
The correlation between CZMSX and SWSSX is 0.98, 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
CZMSX vs. SWSSX - Dividend Comparison
CZMSX's dividend yield for the trailing twelve months is around 8.81%, more than SWSSX's 1.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZMSX Multi-Manager Small Cap Equity Strategies Fund | 8.81% | 8.85% | 3.05% | 2.04% | 10.31% | 17.14% | 0.31% | 5.75% | 7.94% | 7.88% | 0.00% | 0.00% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.28% | 1.29% | 1.66% | 1.49% | 1.32% | 8.88% | 2.55% | 6.12% | 10.45% | 5.22% | 4.10% | 6.92% |
Drawdowns
CZMSX vs. SWSSX - Drawdown Comparison
The maximum CZMSX drawdown since its inception was -40.96%, smaller than the maximum SWSSX drawdown of -60.34%. Use the drawdown chart below to compare losses from any high point for CZMSX and SWSSX.
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Drawdown Indicators
| CZMSX | SWSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.96% | -60.34% | +19.38% |
Max Drawdown (1Y)Largest decline over 1 year | -13.87% | -13.90% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -37.16% | -31.93% | -5.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.81% | — |
Current DrawdownCurrent decline from peak | -13.22% | -7.91% | -5.31% |
Average DrawdownAverage peak-to-trough decline | -13.81% | -10.78% | -3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 3.71% | -0.02% |
Volatility
CZMSX vs. SWSSX - Volatility Comparison
The current volatility for Multi-Manager Small Cap Equity Strategies Fund (CZMSX) is 6.72%, while Schwab Small-Cap Index Fund-Select Shares (SWSSX) has a volatility of 7.53%. This indicates that CZMSX experiences smaller price fluctuations and is considered to be less risky than SWSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CZMSX | SWSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 7.53% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 13.04% | 14.53% | -1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.49% | 23.31% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.93% | 22.62% | +1.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.27% | 24.05% | +0.22% |