DREVX vs. SWLGX

Last updated Jun 5, 2026

DREVX (BNY Mellon Large Cap Securities Fund) and SWLGX (Schwab U.S. Large-Cap Growth Index Fund) are both Large Cap Growth Equities funds. Over the past 5 years, DREVX returned 14.48%/yr vs 15.39%/yr for SWLGX. Their correlation of 0.95 suggests significant overlap in exposure. DREVX charges 0.70%/yr vs 0.04%/yr for SWLGX.

Performance

DREVX vs. SWLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Large Cap Securities Fund (DREVX) 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, DREVX achieves a 6.74% return, which is significantly lower than SWLGX's 7.13% return.

DREVX

• 1D: -0.82%
• 1M: 2.89%
• YTD: 6.74%
• 6M: 7.34%
• 1Y: 22.31%
• 3Y*: 21.80%
• 5Y*: 14.48%
• 10Y*: 15.79%

SWLGX

• 1D: -1.37%
• 1M: 5.09%
• YTD: 7.13%
• 6M: 6.28%
• 1Y: 25.25%
• 3Y*: 24.97%
• 5Y*: 15.39%
• 10Y*: —

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

DREVX vs. SWLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DREVX BNY Mellon Large Cap Securities Fund	6.74%	16.70%	27.17%	31.07%	-17.94%	27.17%	26.52%	27.09%	-1.29%	-0.12%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	7.13%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%

Correlation

The correlation between DREVX and SWLGX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Dec 20, 2017	0.95

The correlation between DREVX and SWLGX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

DREVX vs. SWLGX — Risk / Return Rank

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

DREVX

DREVX Risk / Return Rank: 33
DREVX Sharpe Ratio Rank: 34
DREVX Sortino Ratio Rank: 32
DREVX Omega Ratio Rank: 32
DREVX Calmar Ratio Rank: 28
DREVX Martin Ratio Rank: 38

SWLGX

SWLGX Risk / Return Rank: 27
SWLGX Sharpe Ratio Rank: 33
SWLGX Sortino Ratio Rank: 30
SWLGX Omega Ratio Rank: 30
SWLGX Calmar Ratio Rank: 19
SWLGX Martin Ratio Rank: 21

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.

DREVX vs. SWLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Large Cap Securities Fund (DREVX) 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.

	DREVX	SWLGX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.67	+0.01
Sortino ratio: Return per unit of downside risk	2.34	2.29	+0.05
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	1.96	1.60	+0.37
Martin ratio: Return relative to average drawdown	8.27	5.38	+2.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DREVX vs. SWLGX - Sharpe Ratio Comparison

The current DREVX Sharpe Ratio is 1.68, which is comparable to the SWLGX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of DREVX 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

	DREVX	SWLGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	1.67	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.72	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.79	-0.42

Drawdowns

DREVX vs. SWLGX - Drawdown Comparison

The maximum DREVX drawdown since its inception was -54.68%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for DREVX and SWLGX.

Drawdown Indicators

	DREVX	SWLGX	Difference
Max Drawdown Largest peak-to-trough decline	-54.68%	-32.69%	-21.99%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-16.16%	+4.75%
Max Drawdown (3Y) Largest decline over 3 years	-22.52%	-23.30%	+0.78%
Max Drawdown (5Y) Largest decline over 5 years	-24.69%	-32.69%	+8.00%
Max Drawdown (10Y) Largest decline over 10 years	-32.25%	—	—
Current Drawdown Current decline from peak	-0.82%	-1.73%	+0.91%
Average Drawdown Average peak-to-trough decline	-13.01%	-7.05%	-5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	4.80%	-2.10%

Volatility

DREVX vs. SWLGX - Volatility Comparison

The current volatility for BNY Mellon Large Cap Securities Fund (DREVX) is 3.23%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 3.67%. This indicates that DREVX 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

	DREVX	SWLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	3.67%	-0.44%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	11.67%	-1.56%
Volatility (1Y) Calculated over the trailing 1-year period	13.36%	15.46%	-2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.68%	21.50%	-2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	22.68%	-3.74%

DREVX vs. SWLGX - Expense Ratio Comparison

DREVX has a 0.70% expense ratio, which is higher than SWLGX's 0.04% expense ratio.

Dividends

DREVX vs. SWLGX - Dividend Comparison

DREVX's dividend yield for the trailing twelve months is around 9.91%, more than SWLGX's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DREVX BNY Mellon Large Cap Securities Fund	9.91%	12.89%	8.77%	5.12%	4.82%	11.43%	6.28%	6.74%	9.01%	9.11%	8.71%	11.24%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.43%	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 DREVX and SWLGX in my portfolio?

With a correlation of 0.93, DREVX and SWLGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DREVX or SWLGX?

SWLGX has higher volatility (3.67%) compared to DREVX (3.23%). In terms of maximum drawdown, DREVX dropped -54.68% vs SWLGX's -32.69%.

Which has better risk-adjusted returns?

DREVX currently has the higher Sharpe Ratio (1.68 vs 1.67), 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.