LGILX vs. SWLSX

Last updated Jun 4, 2026

LGILX (Schwab Select Large Cap Growth Fund) and SWLSX (Schwab Large-Cap Growth Fund™) are both Large Cap Growth Equities funds from Charles Schwab. Over the past 10 years, LGILX returned 15.09%/yr vs 16.76%/yr for SWLSX. Their correlation of 0.94 suggests significant overlap in exposure. LGILX charges 0.71%/yr vs 0.99%/yr for SWLSX.

Performance

LGILX vs. SWLSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Select Large Cap Growth Fund (LGILX) and Schwab Large-Cap Growth Fund™ (SWLSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGILX achieves a 9.29% return, which is significantly lower than SWLSX's 11.17% return. Over the past 10 years, LGILX has underperformed SWLSX with an annualized return of 15.09%, while SWLSX has yielded a comparatively higher 16.76% annualized return.

LGILX

• 1D: -0.04%
• 1M: 6.21%
• YTD: 9.29%
• 6M: -5.81%
• 1Y: 8.95%
• 3Y*: 18.31%
• 5Y*: 8.48%
• 10Y*: 15.09%

SWLSX

• 1D: 0.08%
• 1M: 7.06%
• YTD: 11.17%
• 6M: 10.00%
• 1Y: 29.73%
• 3Y*: 24.86%
• 5Y*: 16.18%
• 10Y*: 16.76%

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

LGILX vs. SWLSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGILX Schwab Select Large Cap Growth Fund	9.29%	-0.54%	31.98%	48.08%	-38.11%	20.06%	38.40%	32.59%	2.00%	33.89%
SWLSX Schwab Large-Cap Growth Fund™	11.17%	19.69%	29.41%	38.27%	-27.00%	29.03%	29.03%	31.02%	-7.93%	29.01%

Correlation

The correlation between LGILX and SWLSX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.94

The correlation between LGILX and SWLSX has been stable across timeframes, ranging from 0.94 to 0.98 - a consistent structural relationship.

Return for Risk

LGILX vs. SWLSX — Risk / Return Rank

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

LGILX

LGILX Risk / Return Rank: 5
LGILX Sharpe Ratio Rank: 6
LGILX Sortino Ratio Rank: 5
LGILX Omega Ratio Rank: 7
LGILX Calmar Ratio Rank: 4
LGILX Martin Ratio Rank: 4

SWLSX

SWLSX Risk / Return Rank: 35
SWLSX Sharpe Ratio Rank: 43
SWLSX Sortino Ratio Rank: 38
SWLSX Omega Ratio Rank: 39
SWLSX Calmar Ratio Rank: 26
SWLSX Martin Ratio Rank: 27

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.

LGILX vs. SWLSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Select Large Cap Growth Fund (LGILX) 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.

	LGILX	SWLSX	Difference
Sharpe ratio: Return per unit of total volatility	0.45	1.92	-1.47
Sortino ratio: Return per unit of downside risk	0.65	2.60	-1.95
Omega ratio: Gain probability vs. loss probability	1.12	1.33	-0.22
Calmar ratio: Return relative to maximum drawdown	0.37	1.90	-1.53
Martin ratio: Return relative to average drawdown	0.82	6.56	-5.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGILX vs. SWLSX - Sharpe Ratio Comparison

The current LGILX Sharpe Ratio is 0.45, which is lower than the SWLSX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of LGILX and SWLSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LGILX	SWLSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	1.92	-1.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.77	-0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.81	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.57	-0.22

Drawdowns

LGILX vs. SWLSX - Drawdown Comparison

The maximum LGILX drawdown since its inception was -67.74%, which is greater than SWLSX's maximum drawdown of -49.89%. Use the drawdown chart below to compare losses from any high point for LGILX and SWLSX.

Drawdown Indicators

	LGILX	SWLSX	Difference
Max Drawdown Largest peak-to-trough decline	-67.74%	-49.89%	-17.85%
Max Drawdown (1Y) Largest decline over 1 year	-26.18%	-16.17%	-10.01%
Max Drawdown (3Y) Largest decline over 3 years	-26.18%	-22.93%	-3.25%
Max Drawdown (5Y) Largest decline over 5 years	-43.00%	-31.32%	-11.68%
Max Drawdown (10Y) Largest decline over 10 years	-43.00%	-31.32%	-11.68%
Current Drawdown Current decline from peak	-8.52%	0.00%	-8.52%
Average Drawdown Average peak-to-trough decline	-21.27%	-7.94%	-13.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.64%	4.67%	+6.97%

Volatility

LGILX vs. SWLSX - Volatility Comparison

Schwab Select Large Cap Growth Fund (LGILX) has a higher volatility of 3.69% compared to Schwab Large-Cap Growth Fund™ (SWLSX) at 3.46%. This indicates that LGILX'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.

Volatility by Period

	LGILX	SWLSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	3.46%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	19.19%	12.26%	+6.93%
Volatility (1Y) Calculated over the trailing 1-year period	21.30%	16.02%	+5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.25%	21.04%	+5.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.10%	20.84%	+3.26%

LGILX vs. SWLSX - Expense Ratio Comparison

LGILX has a 0.71% expense ratio, which is lower than SWLSX's 0.99% expense ratio.

Dividends

LGILX vs. SWLSX - Dividend Comparison

LGILX has not paid dividends to shareholders, while SWLSX's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGILX Schwab Select Large Cap Growth Fund	0.00%	0.00%	7.95%	18.16%	13.58%	13.58%	5.22%	8.46%	8.42%	13.64%	1.65%	0.00%
SWLSX Schwab Large-Cap Growth Fund™	1.05%	1.17%	0.11%	0.04%	2.07%	7.77%	1.07%	5.32%	12.35%	7.92%	4.46%	17.08%

Frequently Asked Questions

Can I hold both LGILX and SWLSX in my portfolio?

With a correlation of 0.98, LGILX and SWLSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LGILX or SWLSX?

LGILX has higher volatility (3.69%) compared to SWLSX (3.46%). In terms of maximum drawdown, LGILX dropped -67.74% vs SWLSX's -49.89%.

Which has better risk-adjusted returns?

SWLSX currently has the higher Sharpe Ratio (1.92 vs 0.45), 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.