KRUZ vs. SWPPX

Last updated Apr 1, 2026

Compare and contrast key facts about Unusual Whales Subversive Republican Trading ETF (KRUZ) and Schwab S&P 500 Index Fund (SWPPX).

KRUZ is an actively managed fund by Subversive. It was launched on Feb 7, 2023. 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

KRUZ vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unusual Whales Subversive Republican Trading ETF (KRUZ) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

KRUZ vs. SWPPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KRUZ Unusual Whales Subversive Republican Trading ETF	0.00%	-1.31%	14.45%	10.16%
SWPPX Schwab S&P 500 Index Fund	-7.07%	17.87%	24.96%	16.28%

Returns By Period

KRUZ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KRUZ vs. SWPPX - Expense Ratio Comparison

KRUZ has a 0.83% expense ratio, which is higher than SWPPX's 0.02% expense ratio.

KRUZ

Unusual Whales Subversive Republican Trading ETF

SWPPX

Schwab S&P 500 Index Fund

Return for Risk

KRUZ vs. SWPPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWPPX

SWPPX Risk / Return Rank: 46
SWPPX Sharpe Ratio Rank: 41
SWPPX Sortino Ratio Rank: 45
SWPPX Omega Ratio Rank: 50
SWPPX Calmar Ratio Rank: 42
SWPPX Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KRUZ vs. SWPPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unusual Whales Subversive Republican Trading ETF (KRUZ) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KRUZ	SWPPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.84	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.48	—

Correlation

The correlation between KRUZ and SWPPX is 0.69, 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.

Dividends

KRUZ vs. SWPPX - Dividend Comparison

KRUZ has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.19%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KRUZ Unusual Whales Subversive Republican Trading ETF	0.00%	0.00%	0.57%	1.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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

Drawdown Indicators

	KRUZ	SWPPX	Difference
Max Drawdown Largest peak-to-trough decline	—	-55.06%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.51%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.80%	—
Current Drawdown Current decline from peak	—	-8.89%	—
Average Drawdown Average peak-to-trough decline	—	-10.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.49%	—

Volatility

Volatility by Period

	KRUZ	SWPPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.14%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.89%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.19%	—