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 a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
FMIEX vs. SWPPX - Performance Comparison
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FMIEX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMIEX Wasatch Global Value Fund Investor Class Shares | 6.04% | 30.93% | 8.66% | 5.67% | -0.12% | 25.11% | 2.04% | 17.27% | -5.67% | 11.21% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, FMIEX achieves a 6.04% return, which is significantly higher than SWPPX's -7.07% return. Over the past 10 years, FMIEX has underperformed SWPPX with an annualized return of 11.03%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
FMIEX
- 1D
- 0.60%
- 1M
- -5.84%
- YTD
- 6.04%
- 6M
- 10.61%
- 1Y
- 24.34%
- 3Y*
- 16.68%
- 5Y*
- 11.63%
- 10Y*
- 11.03%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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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.
Return for Risk
FMIEX vs. SWPPX — Risk / Return Rank
FMIEX
SWPPX
FMIEX vs. SWPPX - Risk-Adjusted Trends 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.
| FMIEX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.14 | 0.84 | +1.30 |
Sortino ratioReturn per unit of downside risk | 2.85 | 1.30 | +1.56 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.20 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 2.57 | 1.06 | +1.51 |
Martin ratioReturn relative to average drawdown | 11.99 | 5.14 | +6.85 |
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
| FMIEX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 0.84 | +1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.68 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.76 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.48 | +0.10 |
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.
Dividends
FMIEX vs. SWPPX - Dividend Comparison
FMIEX's dividend yield for the trailing twelve months is around 4.95%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIEX Wasatch Global Value Fund Investor Class Shares | 4.95% | 5.76% | 9.02% | 3.27% | 8.54% | 4.34% | 1.74% | 3.82% | 18.46% | 16.45% | 5.16% | 11.75% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
FMIEX vs. SWPPX - Drawdown Comparison
The maximum FMIEX drawdown since its inception was -49.85%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FMIEX and SWPPX.
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Drawdown Indicators
| FMIEX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.85% | -55.06% | +5.21% |
Max Drawdown (1Y)Largest decline over 1 year | -9.34% | -12.10% | +2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | -24.51% | +5.88% |
Max Drawdown (10Y)Largest decline over 10 years | -39.33% | -33.80% | -5.53% |
Current DrawdownCurrent decline from peak | -5.84% | -8.89% | +3.05% |
Average DrawdownAverage peak-to-trough decline | -6.61% | -10.00% | +3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 2.49% | -0.45% |
Volatility
FMIEX vs. SWPPX - Volatility Comparison
The current volatility for Wasatch Global Value Fund Investor Class Shares (FMIEX) is 3.51%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. 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.
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Volatility by Period
| FMIEX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | 4.29% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 6.70% | 9.11% | -2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.81% | 18.14% | -6.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.77% | 16.89% | -4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.73% | 18.19% | -2.46% |