SCHX vs. SWPPX
Compare and contrast key facts about Schwab U.S. Large-Cap ETF (SCHX) and Schwab S&P 500 Index Fund (SWPPX).
SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHX or SWPPX.
Key characteristics
| SCHX | SWPPX | |
|---|---|---|
| YTD Return | 9.11% | 9.23% |
| 1Y Return | 27.89% | 27.28% |
| 3Y Return (Ann) | 7.92% | 8.68% |
| 5Y Return (Ann) | 14.24% | 14.45% |
| 10Y Return (Ann) | 12.66% | 12.73% |
| Sharpe Ratio | 2.38 | 2.34 |
| Daily Std Dev | 11.78% | 11.69% |
| Max Drawdown | -34.33% | -55.06% |
| Current Drawdown | -1.19% | -1.19% |
Correlation
The correlation between SCHX and SWPPX is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SCHX vs. SWPPX - Performance Comparison
The year-to-date returns for both investments are quite close, with SCHX having a 9.11% return and SWPPX slightly higher at 9.23%. Both investments have delivered pretty close results over the past 10 years, with SCHX having a 12.66% annualized return and SWPPX not far ahead at 12.73%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SCHX vs. SWPPX - Expense Ratio Comparison
SCHX has a 0.03% expense ratio, which is higher than SWPPX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SCHX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap ETF (SCHX) 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
SCHX vs. SWPPX - Dividend Comparison
SCHX's dividend yield for the trailing twelve months is around 1.31%, which matches SWPPX's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHX Schwab U.S. Large-Cap ETF | 1.31% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 2.39% | 2.04% | 1.76% | 1.65% |
SWPPX Schwab S&P 500 Index Fund | 1.31% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
SCHX vs. SWPPX - Drawdown Comparison
The maximum SCHX drawdown since its inception was -34.33%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SCHX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
SCHX vs. SWPPX - Volatility Comparison
Schwab U.S. Large-Cap ETF (SCHX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 4.11% and 4.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.