OPRA vs. SWPPX
Compare and contrast key facts about Opera Limited (OPRA) and Schwab S&P 500 Index Fund (SWPPX).
SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OPRA or SWPPX.
Correlation
The correlation between OPRA and SWPPX is 0.35, 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.
Performance
OPRA vs. SWPPX - Performance Comparison
Key characteristics
OPRA:
0.09
SWPPX:
0.34
OPRA:
0.52
SWPPX:
0.53
OPRA:
1.06
SWPPX:
1.07
OPRA:
0.08
SWPPX:
0.42
OPRA:
0.33
SWPPX:
1.61
OPRA:
13.95%
SWPPX:
3.13%
OPRA:
50.91%
SWPPX:
14.79%
OPRA:
-72.85%
SWPPX:
-55.06%
OPRA:
-41.22%
SWPPX:
-12.02%
Returns By Period
In the year-to-date period, OPRA achieves a -18.66% return, which is significantly lower than SWPPX's -7.94% return.
OPRA
-18.66%
-13.08%
5.30%
2.35%
30.82%
N/A
SWPPX
-7.94%
-6.49%
-4.71%
4.92%
18.59%
11.73%
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Risk-Adjusted Performance
OPRA vs. SWPPX — Risk-Adjusted Performance Rank
OPRA
SWPPX
OPRA vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Opera Limited (OPRA) 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.
Dividends
OPRA vs. SWPPX - Dividend Comparison
OPRA's dividend yield for the trailing twelve months is around 5.30%, more than SWPPX's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPRA Opera Limited | 5.30% | 4.22% | 9.07% | 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 | 1.34% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
OPRA vs. SWPPX - Drawdown Comparison
The maximum OPRA drawdown since its inception was -72.85%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for OPRA and SWPPX. For additional features, visit the drawdowns tool.
Volatility
OPRA vs. SWPPX - Volatility Comparison
Opera Limited (OPRA) has a higher volatility of 16.07% compared to Schwab S&P 500 Index Fund (SWPPX) at 7.38%. This indicates that OPRA'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.