FMIHX vs. SWPPX
Compare and contrast key facts about FMI Large Cap Fund (FMIHX) and Schwab S&P 500 Index Fund (SWPPX).
FMIHX is managed by FMI Funds. It was launched on Dec 31, 2001. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMIHX or SWPPX.
Key characteristics
| FMIHX | SWPPX | |
|---|---|---|
| YTD Return | 13.52% | 20.98% |
| 1Y Return | 25.45% | 31.67% |
| 3Y Return (Ann) | 8.57% | 11.17% |
| 5Y Return (Ann) | 11.66% | 15.67% |
| 10Y Return (Ann) | 10.50% | 13.13% |
| Sharpe Ratio | 1.99 | 2.37 |
| Daily Std Dev | 12.31% | 12.86% |
| Max Drawdown | -47.79% | -55.06% |
| Current Drawdown | -0.12% | 0.00% |
Correlation
The correlation between FMIHX and SWPPX is 0.91, 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
FMIHX vs. SWPPX - Performance Comparison
In the year-to-date period, FMIHX achieves a 13.52% return, which is significantly lower than SWPPX's 20.98% return. Over the past 10 years, FMIHX has underperformed SWPPX with an annualized return of 10.50%, while SWPPX has yielded a comparatively higher 13.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FMIHX vs. SWPPX - Expense Ratio Comparison
FMIHX has a 0.82% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
FMIHX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FMI Large Cap Fund (FMIHX) 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
FMIHX vs. SWPPX - Dividend Comparison
FMIHX's dividend yield for the trailing twelve months is around 9.29%, more than SWPPX's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIHX FMI Large Cap Fund | 9.29% | 10.54% | 22.62% | 17.10% | 11.56% | 14.69% | 20.37% | 9.27% | 7.48% | 11.02% | 11.37% | 6.81% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
FMIHX vs. SWPPX - Drawdown Comparison
The maximum FMIHX drawdown since its inception was -47.79%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FMIHX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
FMIHX vs. SWPPX - Volatility Comparison
The current volatility for FMI Large Cap Fund (FMIHX) is 3.40%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.23%. This indicates that FMIHX 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.