LGVAX vs. SWLVX
LGVAX (ClearBridge Value Fund Class A) and SWLVX (Schwab U.S. Large-Cap Value Index Fund) are both Large Cap Value Equities funds. LGVAX is actively managed, while SWLVX is passively managed. Over the past 5 years, LGVAX returned 11.39%/yr vs 11.69%/yr for SWLVX. Their correlation of 0.92 means they have usually moved in the same direction. LGVAX charges 1.01%/yr vs 0.04%/yr for SWLVX.
Performance
LGVAX vs. SWLVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LGVAX achieves a 13.69% return, which is significantly lower than SWLVX's 20.05% return.
LGVAX
- 1D
- 0.21%
- 1M
- 1.16%
- 6M
- 8.27%
- YTD
- 13.69%
- 1Y
- 25.74%
- 3Y*
- 14.50%
- 5Y*
- 11.39%
- 10Y*
- 12.06%
- ALL TIME*
- 13.49%
SWLVX
- 1D
- 0.46%
- 1M
- 1.46%
- 6M
- 14.82%
- YTD
- 20.05%
- 1Y
- 32.19%
- 3Y*
- 17.67%
- 5Y*
- 11.69%
- 10Y*
- —
- ALL TIME*
- 10.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LGVAX vs. SWLVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGVAX ClearBridge Value Fund Class A | 13.69% | 10.56% | 15.04% | 19.69% | -6.33% | 27.81% | 11.40% | 27.04% | -12.93% | -0.01% |
SWLVX Schwab U.S. Large-Cap Value Index Fund | 20.05% | 15.87% | 14.36% | 11.45% | -7.61% | 25.15% | 2.64% | 26.49% | -8.39% | 0.30% |
Correlation
The correlation between LGVAX and SWLVX is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2017 | 0.92 |
The correlation between LGVAX and SWLVX has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LGVAX vs. SWLVX — Risk / Return Rank
LGVAX
SWLVX
LGVAX vs. SWLVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Value Fund Class A (LGVAX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). 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.
| LGVAX | SWLVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.47 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 4.33 | -1.37 |
| Martin ratioReturn relative to average drawdown | 11.86 | 18.59 | -6.73 |
Loading charts...
Drawdowns
LGVAX vs. SWLVX - Drawdown Comparison
The maximum LGVAX drawdown since its inception was -40.40%, which is greater than SWLVX's maximum drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for LGVAX and SWLVX.
Loading charts...
Drawdown Indicators
| LGVAX | SWLVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.40% | -38.34% | -2.06% |
Max Drawdown (1Y)Largest decline over 1 year | -7.81% | -6.82% | -0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -19.09% | -15.61% | -3.48% |
Max Drawdown (5Y)Largest decline over 5 years | -20.41% | -19.05% | -1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -40.40% | — | — |
Current DrawdownCurrent decline from peak | -0.33% | -0.56% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -5.17% | -4.76% | -0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 1.60% | +0.35% |
Volatility
LGVAX vs. SWLVX - Volatility Comparison
The current volatility for ClearBridge Value Fund Class A (LGVAX) is 2.10%, while Schwab U.S. Large-Cap Value Index Fund (SWLVX) has a volatility of 2.94%. This indicates that LGVAX experiences smaller price fluctuations and is considered to be less risky than SWLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGVAX | SWLVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.10% | 2.94% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 8.77% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.43% | 11.42% | +1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.53% | 14.86% | +2.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 18.46% | +0.67% |
LGVAX vs. SWLVX - Expense Ratio Comparison
LGVAX has a 1.01% expense ratio, which is higher than SWLVX's 0.04% expense ratio.
Dividends
LGVAX vs. SWLVX - Dividend Comparison
LGVAX's dividend yield for the trailing twelve months is around 9.47%, more than SWLVX's 1.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGVAX ClearBridge Value Fund Class A | 9.47% | 10.76% | 10.83% | 12.64% | 8.49% | 18.44% | 6.01% | 0.54% | 1.86% | 0.50% | 0.93% | 0.39% |
SWLVX Schwab U.S. Large-Cap Value Index Fund | 1.68% | 2.02% | 2.75% | 2.56% | 2.29% | 4.86% | 2.00% | 4.35% | 1.87% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, LGVAX and SWLVX 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.
SWLVX has higher volatility (2.94%) compared to LGVAX (2.10%). In terms of maximum drawdown, LGVAX dropped -40.40% vs SWLVX's -38.34%.
SWLVX currently has the higher Sharpe Ratio (2.59 vs 1.87), 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.
Find the right allocation for LGVAX and SWLVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer