EACPX vs. SWLGX

Last updated Apr 1, 2026

Compare and contrast key facts about Eaton Vance Tax Managed Multi Cap Growth Fund (EACPX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).

EACPX is managed by BlackRock. It was launched on Jun 30, 2000. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.

Performance

EACPX vs. SWLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Tax Managed Multi Cap Growth Fund (EACPX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). The values are adjusted to include any dividend payments, if applicable.

EACPX vs. SWLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EACPX Eaton Vance Tax Managed Multi Cap Growth Fund	-14.19%	9.13%	21.92%	41.77%	-29.56%	18.48%	33.61%	31.91%	-0.04%	-0.51%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	-13.06%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%

Returns By Period

In the year-to-date period, EACPX achieves a -14.19% return, which is significantly lower than SWLGX's -13.06% return.

EACPX

• 1D: 0.04%
• 1M: -8.85%
• YTD: -14.19%
• 6M: -13.11%
• 1Y: 1.59%
• 3Y*: 12.43%
• 5Y*: 6.19%
• 10Y*: 12.12%

SWLGX

• 1D: -0.46%
• 1M: -8.63%
• YTD: -13.06%
• 6M: -12.07%
• 1Y: 14.45%
• 3Y*: 19.67%
• 5Y*: 11.90%
• 10Y*: —

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

EACPX vs. SWLGX - Expense Ratio Comparison

EACPX has a 1.25% expense ratio, which is higher than SWLGX's 0.04% expense ratio.

EACPX

Eaton Vance Tax Managed Multi Cap Growth Fund

SWLGX

Schwab U.S. Large-Cap Growth Index Fund

Return for Risk

EACPX vs. SWLGX — Risk / Return Rank

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

EACPX

EACPX Risk / Return Rank: 7
EACPX Sharpe Ratio Rank: 7
EACPX Sortino Ratio Rank: 8
EACPX Omega Ratio Rank: 8
EACPX Calmar Ratio Rank: 6
EACPX Martin Ratio Rank: 5

SWLGX

SWLGX Risk / Return Rank: 28
SWLGX Sharpe Ratio Rank: 29
SWLGX Sortino Ratio Rank: 33
SWLGX Omega Ratio Rank: 31
SWLGX Calmar Ratio Rank: 25
SWLGX Martin Ratio Rank: 23

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.

EACPX vs. SWLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax Managed Multi Cap Growth Fund (EACPX) 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.

	EACPX	SWLGX	Difference
Sharpe ratio Return per unit of total volatility	0.10	0.66	-0.56
Sortino ratio Return per unit of downside risk	0.29	1.10	-0.81
Omega ratio Gain probability vs. loss probability	1.04	1.15	-0.12
Calmar ratio Return relative to maximum drawdown	-0.06	0.72	-0.78
Martin ratio Return relative to average drawdown	-0.22	2.51	-2.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EACPX vs. SWLGX - Sharpe Ratio Comparison

The current EACPX Sharpe Ratio is 0.10, which is lower than the SWLGX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of EACPX and SWLGX, 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

	EACPX	SWLGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	0.66	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.56	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.68	-0.32

Correlation

The correlation between EACPX and SWLGX is 0.97, 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

EACPX vs. SWLGX - Dividend Comparison

EACPX's dividend yield for the trailing twelve months is around 9.69%, more than SWLGX's 0.52% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EACPX Eaton Vance Tax Managed Multi Cap Growth Fund	9.69%	8.31%	4.43%	0.00%	0.00%	3.17%	3.14%	2.22%	2.39%	0.24%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.52%	0.46%	0.52%	0.67%	0.93%	1.76%	0.67%	0.96%	1.03%	0.00%

Drawdowns

EACPX vs. SWLGX - Drawdown Comparison

The maximum EACPX drawdown since its inception was -63.39%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for EACPX and SWLGX.

Drawdown Indicators

	EACPX	SWLGX	Difference
Max Drawdown Largest peak-to-trough decline	-63.39%	-32.69%	-30.70%
Max Drawdown (1Y) Largest decline over 1 year	-16.26%	-16.16%	-0.10%
Max Drawdown (5Y) Largest decline over 5 years	-33.70%	-32.69%	-1.01%
Max Drawdown (10Y) Largest decline over 10 years	-33.70%	—	—
Current Drawdown Current decline from peak	-16.23%	-16.16%	-0.07%
Average Drawdown Average peak-to-trough decline	-12.82%	-7.13%	-5.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.48%	4.62%	-0.14%

Volatility

EACPX vs. SWLGX - Volatility Comparison

The current volatility for Eaton Vance Tax Managed Multi Cap Growth Fund (EACPX) is 5.01%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 5.38%. This indicates that EACPX 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

	EACPX	SWLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	5.38%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	10.45%	11.82%	-1.37%
Volatility (1Y) Calculated over the trailing 1-year period	20.05%	22.31%	-2.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.46%	21.47%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.96%	22.78%	-1.82%