IBB vs. SWPPX
Compare and contrast key facts about iShares Nasdaq Biotechnology ETF (IBB) and Schwab S&P 500 Index Fund (SWPPX).
IBB is a passively managed fund by iShares that tracks the performance of the NASDAQ Biotechnology Index. It was launched on Feb 5, 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: IBB or SWPPX.
Performance
IBB vs. SWPPX - Performance Comparison
Returns By Period
In the year-to-date period, IBB achieves a -1.84% return, which is significantly lower than SWPPX's 25.02% return. Over the past 10 years, IBB has underperformed SWPPX with an annualized return of 3.30%, while SWPPX has yielded a comparatively higher 13.09% annualized return.
IBB
-1.84%
-8.82%
-3.12%
13.02%
3.43%
3.30%
SWPPX
25.02%
0.59%
11.74%
32.35%
15.49%
13.09%
Key characteristics
| IBB | SWPPX | |
|---|---|---|
| Sharpe Ratio | 0.78 | 2.64 |
| Sortino Ratio | 1.18 | 3.52 |
| Omega Ratio | 1.14 | 1.49 |
| Calmar Ratio | 0.43 | 3.85 |
| Martin Ratio | 3.66 | 17.27 |
| Ulcer Index | 3.83% | 1.88% |
| Daily Std Dev | 17.93% | 12.34% |
| Max Drawdown | -62.85% | -55.06% |
| Current Drawdown | -23.79% | -1.75% |
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IBB vs. SWPPX - Expense Ratio Comparison
IBB has a 0.47% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Correlation
The correlation between IBB and SWPPX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
IBB vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Biotechnology ETF (IBB) 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
IBB vs. SWPPX - Dividend Comparison
IBB's dividend yield for the trailing twelve months is around 0.34%, less than SWPPX's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBB iShares Nasdaq Biotechnology ETF | 0.34% | 0.26% | 0.31% | 0.21% | 0.20% | 0.17% | 0.19% | 0.30% | 0.19% | 0.03% | 0.15% | 0.03% |
SWPPX Schwab S&P 500 Index Fund | 1.14% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
IBB vs. SWPPX - Drawdown Comparison
The maximum IBB drawdown since its inception was -62.85%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for IBB and SWPPX. For additional features, visit the drawdowns tool.
Volatility
IBB vs. SWPPX - Volatility Comparison
iShares Nasdaq Biotechnology ETF (IBB) has a higher volatility of 7.05% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.05%. This indicates that IBB's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.