NXC vs. SWLGX

Last updated Apr 1, 2026

Compare and contrast key facts about Nuveen California Select Tax-Free Income Portfolio (NXC) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).

SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.

Performance

NXC vs. SWLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen California Select Tax-Free Income Portfolio (NXC) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). The values are adjusted to include any dividend payments, if applicable.

NXC vs. SWLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NXC Nuveen California Select Tax-Free Income Portfolio	0.68%	6.35%	5.35%	-7.23%	-10.06%	5.64%	0.55%	29.25%	-7.29%	-1.19%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	-13.06%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%

Returns By Period

NXC

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

SWLGX

• 1D: -0.46%
• 1M: -8.63%
• YTD: -13.06%
• 6M: -12.07%
• 1Y: 14.45%
• 3Y*: 19.67%
• 5Y*: 11.90%
• 10Y*: —

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

Return for Risk

NXC vs. SWLGX — Risk / Return Rank

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

SWLGX

SWLGX Risk / Return Rank: 28
SWLGX Sharpe Ratio Rank: 29
SWLGX Sortino Ratio Rank: 33
SWLGX Omega Ratio Rank: 31
SWLGX Calmar Ratio Rank: 25
SWLGX Martin Ratio Rank: 23

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.

NXC vs. SWLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen California Select Tax-Free Income Portfolio (NXC) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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

	NXC	SWLGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.66	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.68	—

Correlation

The correlation between NXC and SWLGX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NXC vs. SWLGX - Dividend Comparison

NXC's dividend yield for the trailing twelve months is around 3.01%, more than SWLGX's 0.52% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXC Nuveen California Select Tax-Free Income Portfolio	3.01%	4.06%	4.22%	4.10%	3.40%	3.21%	3.25%	3.07%	3.98%	4.33%	4.93%	4.36%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.52%	0.46%	0.52%	0.67%	0.93%	1.76%	0.67%	0.96%	1.03%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	NXC	SWLGX	Difference
Max Drawdown Largest peak-to-trough decline	—	-32.69%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.69%	—
Current Drawdown Current decline from peak	—	-16.16%	—
Average Drawdown Average peak-to-trough decline	—	-7.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.62%	—

Volatility

Volatility by Period

	NXC	SWLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.31%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.47%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.78%	—