FMIEX vs. SWPPX
Compare and contrast key facts about Wasatch Global Value Fund Investor Class Shares (FMIEX) and Schwab S&P 500 Index Fund (SWPPX).
FMIEX is managed by Wasatch. It was launched on Sep 25, 1996. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMIEX or SWPPX.
Correlation
The correlation between FMIEX and SWPPX is 0.85, 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.
Performance
FMIEX vs. SWPPX - Performance Comparison
Key characteristics
FMIEX:
1.18
SWPPX:
1.96
FMIEX:
1.49
SWPPX:
2.63
FMIEX:
1.24
SWPPX:
1.36
FMIEX:
0.35
SWPPX:
2.97
FMIEX:
3.10
SWPPX:
12.29
FMIEX:
4.27%
SWPPX:
2.04%
FMIEX:
11.26%
SWPPX:
12.79%
FMIEX:
-68.58%
SWPPX:
-55.06%
FMIEX:
-30.29%
SWPPX:
0.00%
Returns By Period
In the year-to-date period, FMIEX achieves a 7.56% return, which is significantly higher than SWPPX's 4.11% return. Over the past 10 years, FMIEX has underperformed SWPPX with an annualized return of 2.09%, while SWPPX has yielded a comparatively higher 13.04% annualized return.
FMIEX
7.56%
6.26%
0.31%
11.46%
6.35%
2.09%
SWPPX
4.11%
2.86%
10.78%
23.16%
14.36%
13.04%
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FMIEX vs. SWPPX - Expense Ratio Comparison
FMIEX has a 1.10% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
FMIEX vs. SWPPX — Risk-Adjusted Performance Rank
FMIEX
SWPPX
FMIEX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Global Value Fund Investor Class Shares (FMIEX) 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.
Dividends
FMIEX vs. SWPPX - Dividend Comparison
FMIEX's dividend yield for the trailing twelve months is around 2.72%, more than SWPPX's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIEX Wasatch Global Value Fund Investor Class Shares | 2.72% | 2.93% | 3.27% | 2.45% | 1.40% | 1.74% | 3.32% | 2.60% | 1.93% | 1.72% | 1.92% | 2.08% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
FMIEX vs. SWPPX - Drawdown Comparison
The maximum FMIEX drawdown since its inception was -68.58%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FMIEX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
FMIEX vs. SWPPX - Volatility Comparison
The current volatility for Wasatch Global Value Fund Investor Class Shares (FMIEX) is 2.89%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.21%. This indicates that FMIEX 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.