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FAMEX vs. SWMCX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FAMEX vs. SWMCX

Last updated Jun 24, 2026

FAMEX (FAM Dividend Focus Fund) and SWMCX (Schwab U.S. Mid-Cap Index Fund) are both Mid Cap Blend Equities funds. Over the past 5 years, FAMEX returned 5.36%/yr vs 8.43%/yr for SWMCX. Their correlation of 0.91 suggests significant overlap in exposure. FAMEX charges 1.23%/yr vs 0.04%/yr for SWMCX.

Performance

FAMEX vs. SWMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FAM Dividend Focus Fund (FAMEX) and Schwab U.S. Mid-Cap Index Fund (SWMCX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FAMEX achieves a 2.03% return, which is significantly lower than SWMCX's 13.97% return.

FAMEX

1D
0.04%
1M
4.43%
YTD
2.03%
6M
0.58%
1Y
-2.22%
3Y*
7.86%
5Y*
5.36%
10Y*
10.93%

SWMCX

1D
0.49%
1M
3.34%
YTD
13.97%
6M
12.48%
1Y
22.52%
3Y*
17.51%
5Y*
8.43%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FAMEX vs. SWMCX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FAMEX
FAM Dividend Focus Fund		2.03%1.91%7.56%19.70%-13.40%25.61%13.19%32.56%0.06%0.01%
SWMCX
Schwab U.S. Mid-Cap Index Fund		13.97%10.54%15.28%17.20%-17.31%22.55%17.03%30.46%-9.16%0.40%

Correlation

The correlation between FAMEX and SWMCX is 0.84, 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

0.84

Correlation (3Y)
Calculated over the trailing 3-year period

0.86

Correlation (5Y)
Calculated over the trailing 5-year period

0.89

Correlation (All Time)
Calculated using the full available price history since Dec 19, 2017

0.91

The correlation between FAMEX and SWMCX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FAM Dividend Focus Fund

Schwab U.S. Mid-Cap Index Fund

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Often compared with SWMCX:
SWMCX vs. SCHMSWMCX vs. VIMAXSWMCX vs. SWPPXSWMCX vs. SPMDSWMCX vs. IVOOSWMCX vs. SCHDSWMCX vs. SCHB

Return for Risk

FAMEX vs. SWMCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FAMEX
FAMEX Risk / Return Rank: 22
Overall Rank
FAMEX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
FAMEX Sortino Ratio Rank: 22
Sortino Ratio Rank
FAMEX Omega Ratio Rank: 22
Omega Ratio Rank
FAMEX Calmar Ratio Rank: 22
Calmar Ratio Rank
FAMEX Martin Ratio Rank: 22
Martin Ratio Rank
SWMCX
SWMCX Risk / Return Rank: 4848
Overall Rank
SWMCX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
SWMCX Sortino Ratio Rank: 4040
Sortino Ratio Rank
SWMCX Omega Ratio Rank: 3636
Omega Ratio Rank
SWMCX Calmar Ratio Rank: 6363
Calmar Ratio Rank
SWMCX Martin Ratio Rank: 5959
Martin Ratio Rank
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.

FAMEX vs. SWMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FAM Dividend Focus Fund (FAMEX) and Schwab U.S. Mid-Cap Index Fund (SWMCX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FAMEXSWMCXDifference
Sharpe ratioReturn per unit of total volatility
-0.08
1.71

-1.79

Sortino ratioReturn per unit of downside risk
-0.02
2.44

-2.46

Omega ratioGain probability vs. loss probability

1.00

1.30

-0.30

Calmar ratioReturn relative to maximum drawdown

-0.08

2.90

-2.98

Martin ratioReturn relative to average drawdown

-0.16

11.06

-11.22

FAMEX vs. SWMCX - Sharpe Ratio Comparison

The current FAMEX Sharpe Ratio is -0.08, which is lower than the SWMCX Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of FAMEX and SWMCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FAMEX vs. SWMCX - Drawdown Comparison

The maximum FAMEX drawdown since its inception was -54.68%, which is greater than SWMCX's maximum drawdown of -40.34%. Use the drawdown chart below to compare losses from any high point for FAMEX and SWMCX.

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Drawdown Indicators

FAMEXSWMCXDifference

Max Drawdown

Largest peak-to-trough decline

-54.68%

-40.34%

-14.34%

Max Drawdown (1Y)

Largest decline over 1 year

-13.83%

-8.15%

-5.68%

Max Drawdown (3Y)

Largest decline over 3 years

-15.36%

-21.07%

+5.71%

Max Drawdown (5Y)

Largest decline over 5 years

-24.10%

-26.09%

+1.99%

Max Drawdown (10Y)

Largest decline over 10 years

-35.96%

—

—

Current Drawdown

Current decline from peak

-6.10%

-0.24%

-5.86%

Average Drawdown

Average peak-to-trough decline

-6.80%

-6.60%

-0.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.72%

2.13%

+4.59%

Volatility

FAMEX vs. SWMCX - Volatility Comparison

FAM Dividend Focus Fund (FAMEX) has a higher volatility of 4.82% compared to Schwab U.S. Mid-Cap Index Fund (SWMCX) at 4.42%. This indicates that FAMEX's price experiences larger fluctuations and is considered to be riskier than SWMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FAMEXSWMCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.82%

4.42%

+0.40%

Volatility (6M)

Calculated over the trailing 6-month period

10.60%

10.48%

+0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

13.58%

13.85%

-0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.73%

18.31%

-1.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.97%

20.62%

-2.65%

FAMEX vs. SWMCX - Expense Ratio Comparison

FAMEX has a 1.23% expense ratio, which is higher than SWMCX's 0.04% expense ratio.

Dividends

FAMEX vs. SWMCX - Dividend Comparison

FAMEX's dividend yield for the trailing twelve months is around 3.66%, more than SWMCX's 1.87% yield.

PositionTTM20252024202320222021202020192018201720162015
FAMEX
FAM Dividend Focus Fund		3.66%3.74%3.34%0.67%1.36%1.36%2.18%2.97%1.35%0.70%8.80%5.19%
SWMCX
Schwab U.S. Mid-Cap Index Fund		1.87%2.13%2.60%1.49%1.59%2.93%1.45%2.44%1.41%0.00%0.00%0.00%

Frequently Asked Questions

FAMEX and SWMCX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FAMEX has higher volatility (4.82%) compared to SWMCX (4.42%). In terms of maximum drawdown, FAMEX dropped -54.68% vs SWMCX's -40.34%.

SWMCX currently has the higher Sharpe Ratio (1.71 vs -0.08), 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.

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