SFENX vs. SWVXX

Last updated Apr 2, 2026

Compare and contrast key facts about Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) and Schwab Value Advantage Money Fund (SWVXX).

SFENX is managed by Charles Schwab. It was launched on Jan 30, 2008. SWVXX is an actively managed fund by Charles Schwab. It was launched on Aug 27, 1993.

Performance

SFENX vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) and Schwab Value Advantage Money Fund (SWVXX). The values are adjusted to include any dividend payments, if applicable.

SFENX vs. SWVXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SFENX Schwab Fundamental Emerging Markets Large Company Index Fund	5.03%	29.19%	12.31%	14.90%	-15.50%	1.74%
SWVXX Schwab Value Advantage Money Fund	0.57%	4.15%	5.16%	5.04%	0.00%	0.00%

Returns By Period

In the year-to-date period, SFENX achieves a 5.03% return, which is significantly higher than SWVXX's 0.57% return.

SFENX

• 1D: 1.97%
• 1M: -4.95%
• YTD: 5.03%
• 6M: 8.38%
• 1Y: 27.97%
• 3Y*: 18.63%
• 5Y*: 9.23%
• 10Y*: 10.08%

SWVXX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.57%
• 6M: 1.55%
• 1Y: 3.68%
• 3Y*: 4.68%
• 5Y*: —
• 10Y*: —

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

SFENX vs. SWVXX - Expense Ratio Comparison

SFENX has a 0.39% expense ratio, which is higher than SWVXX's 0.34% expense ratio.

SFENX

Schwab Fundamental Emerging Markets Large Company Index Fund

SWVXX

Schwab Value Advantage Money Fund

Return for Risk

SFENX vs. SWVXX — Risk / Return Rank

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

SFENX

SFENX Risk / Return Rank: 88
SFENX Sharpe Ratio Rank: 89
SFENX Sortino Ratio Rank: 88
SFENX Omega Ratio Rank: 86
SFENX Calmar Ratio Rank: 87
SFENX Martin Ratio Rank: 89

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.

SFENX vs. SWVXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) and Schwab Value Advantage Money Fund (SWVXX). 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.

	SFENX	SWVXX	Difference
Sharpe ratio Return per unit of total volatility	1.86	3.52	-1.66
Sortino ratio Return per unit of downside risk	2.45	—	—
Omega ratio Gain probability vs. loss probability	1.36	—	—
Calmar ratio Return relative to maximum drawdown	2.27	—	—
Martin ratio Return relative to average drawdown	9.76	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SFENX vs. SWVXX - Sharpe Ratio Comparison

The current SFENX Sharpe Ratio is 1.86, which is lower than the SWVXX Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of SFENX and SWVXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SFENX	SWVXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	3.52	-1.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	2.88	-2.47

Correlation

The correlation between SFENX and SWVXX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

SFENX vs. SWVXX - Dividend Comparison

SFENX's dividend yield for the trailing twelve months is around 3.74%, more than SWVXX's 3.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SFENX Schwab Fundamental Emerging Markets Large Company Index Fund	3.74%	3.93%	4.67%	5.00%	5.46%	4.61%	2.95%	3.82%	2.90%	2.37%	2.16%	3.23%
SWVXX Schwab Value Advantage Money Fund	3.61%	4.06%	5.02%	4.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SFENX vs. SWVXX - Drawdown Comparison

The maximum SFENX drawdown since its inception was -47.19%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SFENX and SWVXX.

Drawdown Indicators

	SFENX	SWVXX	Difference
Max Drawdown Largest peak-to-trough decline	-47.19%	0.00%	-47.19%
Max Drawdown (1Y) Largest decline over 1 year	-12.41%	0.00%	-12.41%
Max Drawdown (5Y) Largest decline over 5 years	-29.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.59%	—	—
Current Drawdown Current decline from peak	-7.03%	0.00%	-7.03%
Average Drawdown Average peak-to-trough decline	-13.00%	0.00%	-13.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	0.00%	+2.91%

Volatility

SFENX vs. SWVXX - Volatility Comparison

Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) has a higher volatility of 6.37% compared to Schwab Value Advantage Money Fund (SWVXX) at 0.00%. This indicates that SFENX's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFENX	SWVXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.37%	0.00%	+6.37%
Volatility (6M) Calculated over the trailing 6-month period	10.46%	0.75%	+9.71%
Volatility (1Y) Calculated over the trailing 1-year period	15.50%	1.14%	+14.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.37%	1.09%	+14.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	1.09%	+15.90%