KD vs. SWPPX
KD (Kyndryl Holdings, Inc.) is a stock, while SWPPX (Schwab S&P 500 Index Fund) is Large Cap Blend Equities fund tracking the S&P 500 Index. Over the past 3 years, KD returned -1.97%/yr vs 20.47%/yr for SWPPX. At a 0.49 correlation, their price movements are largely independent.
Performance
KD vs. SWPPX - Performance Comparison
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Returns By Period
In the year-to-date period, KD achieves a -54.74% return, which is significantly lower than SWPPX's 11.29% return.
KD
- 1D
- 2.56%
- 1M
- -0.08%
- 6M
- -55.56%
- YTD
- -54.74%
- 1Y
- -69.07%
- 3Y*
- -1.97%
- 5Y*
- —
- 10Y*
- —
SWPPX
- 1D
- 0.41%
- 1M
- 0.88%
- 6M
- 9.66%
- YTD
- 11.29%
- 1Y
- 22.31%
- 3Y*
- 20.47%
- 5Y*
- 13.43%
- 10Y*
- 15.23%
KD vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KD Kyndryl Holdings, Inc. | -54.74% | -23.24% | 66.51% | 86.87% | -38.56% | -63.80% |
SWPPX Schwab S&P 500 Index Fund | 11.29% | 17.87% | 24.96% | 26.26% | -18.14% | 5.04% |
Correlation
The correlation between KD and SWPPX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021 | 0.49 |
Over the past year, the correlation between KD and SWPPX has dropped to 0.27 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
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Return for Risk
KD vs. SWPPX — Risk / Return Rank
KD
SWPPX
KD vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kyndryl Holdings, Inc. (KD) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KD | SWPPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.75 | ||
| Sortino ratioReturn per unit of downside risk | -3.67 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.33 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.57 | -3.51 |
| Martin ratioReturn relative to average drawdown | -1.38 | 11.23 | -12.61 |
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Drawdowns
KD vs. SWPPX - Drawdown Comparison
The maximum KD drawdown since its inception was -83.54%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for KD and SWPPX.
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Drawdown Indicators
| KD | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.54% | -55.06% | -28.48% |
Max Drawdown (1Y)Largest decline over 1 year | -73.17% | -8.89% | -64.28% |
Max Drawdown (3Y)Largest decline over 3 years | -75.63% | -18.74% | -56.89% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.51% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.80% | — |
Current DrawdownCurrent decline from peak | -75.96% | -0.36% | -75.60% |
Average DrawdownAverage peak-to-trough decline | -58.89% | -9.91% | -48.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.96% | 2.03% | +47.93% |
Volatility
KD vs. SWPPX - Volatility Comparison
Kyndryl Holdings, Inc. (KD) has a higher volatility of 15.41% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.63%. This indicates that KD'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.
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Volatility by Period
| KD | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.41% | 3.63% | +11.78% |
Volatility (6M)Calculated over the trailing 6-month period | 88.97% | 10.02% | +78.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.93% | 12.58% | +61.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.94% | 17.04% | +41.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.94% | 18.21% | +40.73% |
Dividends
KD vs. SWPPX - Dividend Comparison
KD has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KD Kyndryl Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.00% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Frequently Asked Questions
KD and SWPPX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KD has higher volatility (15.41%) compared to SWPPX (3.63%). In terms of maximum drawdown, KD dropped -83.54% vs SWPPX's -55.06%.
SWPPX currently has the higher Sharpe Ratio (1.81 vs -0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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