Correlation
The correlation between PANL and SWLGX is 0.25, 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.
PANL vs. SWLGX
Compare and contrast key facts about Pangaea Logistics Solutions, Ltd. (PANL) 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PANL or SWLGX.
Performance
PANL vs. SWLGX - Performance Comparison
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Key characteristics
PANL:
-0.97
SWLGX:
0.71
PANL:
-1.30
SWLGX:
1.02
PANL:
0.85
SWLGX:
1.14
PANL:
-0.70
SWLGX:
0.67
PANL:
-1.30
SWLGX:
2.23
PANL:
29.56%
SWLGX:
7.04%
PANL:
43.62%
SWLGX:
25.49%
PANL:
-83.44%
SWLGX:
-33.28%
PANL:
-48.97%
SWLGX:
-4.29%
Returns By Period
In the year-to-date period, PANL achieves a -14.39% return, which is significantly lower than SWLGX's -0.25% return.
PANL
-14.39%
9.49%
-16.57%
-42.69%
-7.20%
22.13%
5.55%
SWLGX
-0.25%
7.53%
0.61%
17.60%
19.82%
17.38%
N/A
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Risk-Adjusted Performance
PANL vs. SWLGX — Risk-Adjusted Performance Rank
PANL
SWLGX
PANL vs. SWLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pangaea Logistics Solutions, Ltd. (PANL) 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.
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Dividends
PANL vs. SWLGX - Dividend Comparison
PANL's dividend yield for the trailing twelve months is around 6.67%, more than SWLGX's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
PANL Pangaea Logistics Solutions, Ltd. | 6.67% | 7.46% | 4.85% | 5.83% | 3.31% | 0.00% | 3.56% | 0.00% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.52% | 0.52% | 0.67% | 0.93% | 1.76% | 0.67% | 0.96% | 1.03% |
Drawdowns
PANL vs. SWLGX - Drawdown Comparison
The maximum PANL drawdown since its inception was -83.44%, which is greater than SWLGX's maximum drawdown of -33.28%. Use the drawdown chart below to compare losses from any high point for PANL and SWLGX.
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Volatility
PANL vs. SWLGX - Volatility Comparison
Pangaea Logistics Solutions, Ltd. (PANL) has a higher volatility of 18.54% compared to Schwab U.S. Large-Cap Growth Index Fund (SWLGX) at 5.87%. This indicates that PANL's price experiences larger fluctuations and is considered to be riskier than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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