IVNQX vs. SWLSX
Compare and contrast key facts about Invesco Nasdaq 100 Index Fund (IVNQX) and Schwab Large-Cap Growth Fund™ (SWLSX).
IVNQX is managed by Invesco. It was launched on Oct 13, 2020. SWLSX is managed by Charles Schwab. It was launched on Oct 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVNQX or SWLSX.
Key characteristics
| IVNQX | SWLSX | |
|---|---|---|
| YTD Return | 24.65% | 29.13% |
| 1Y Return | 32.73% | 35.27% |
| 3Y Return (Ann) | 9.69% | 6.64% |
| Sharpe Ratio | 1.88 | 2.18 |
| Sortino Ratio | 2.52 | 2.89 |
| Omega Ratio | 1.34 | 1.40 |
| Calmar Ratio | 2.42 | 2.86 |
| Martin Ratio | 8.78 | 11.58 |
| Ulcer Index | 3.74% | 3.02% |
| Daily Std Dev | 17.41% | 16.03% |
| Max Drawdown | -34.83% | -49.89% |
| Current Drawdown | -1.03% | -0.72% |
Correlation
The correlation between IVNQX and SWLSX is 0.98, 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
IVNQX vs. SWLSX - Performance Comparison
In the year-to-date period, IVNQX achieves a 24.65% return, which is significantly lower than SWLSX's 29.13% 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.
IVNQX vs. SWLSX - Expense Ratio Comparison
IVNQX has a 0.29% expense ratio, which is lower than SWLSX's 0.99% expense ratio.
Risk-Adjusted Performance
IVNQX vs. SWLSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq 100 Index Fund (IVNQX) and Schwab Large-Cap Growth Fund™ (SWLSX). 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
IVNQX vs. SWLSX - Dividend Comparison
IVNQX's dividend yield for the trailing twelve months is around 0.53%, more than SWLSX's 0.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVNQX Invesco Nasdaq 100 Index Fund | 0.53% | 0.54% | 0.73% | 0.39% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWLSX Schwab Large-Cap Growth Fund™ | 0.03% | 0.04% | 0.02% | 0.00% | 0.00% | 0.16% | 0.50% | 0.40% | 1.11% | 1.32% | 0.53% | 0.57% |
Drawdowns
IVNQX vs. SWLSX - Drawdown Comparison
The maximum IVNQX drawdown since its inception was -34.83%, smaller than the maximum SWLSX drawdown of -49.89%. Use the drawdown chart below to compare losses from any high point for IVNQX and SWLSX. For additional features, visit the drawdowns tool.
Volatility
IVNQX vs. SWLSX - Volatility Comparison
Invesco Nasdaq 100 Index Fund (IVNQX) has a higher volatility of 4.97% compared to Schwab Large-Cap Growth Fund™ (SWLSX) at 4.62%. This indicates that IVNQX's price experiences larger fluctuations and is considered to be riskier than SWLSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.