SJVIX vs. SWLVX

Last updated Jun 23, 2026

SJVIX (Crossmark Steward Large Cap Value Fund) and SWLVX (Schwab U.S. Large-Cap Value Index Fund) are both Large Cap Value Equities funds. Over the past 3 years, SJVIX returned 19.76%/yr vs 17.99%/yr for SWLVX. With a 0.95 correlation, they move nearly in lockstep. SJVIX charges 0.75%/yr vs 0.04%/yr for SWLVX.

Performance

SJVIX vs. SWLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Crossmark Steward Large Cap Value Fund (SJVIX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SJVIX achieves a 13.24% return, which is significantly lower than SWLVX's 15.99% return.

SJVIX

• 1D: -0.06%
• 1M: 3.09%
• YTD: 13.24%
• 6M: 11.97%
• 1Y: 27.09%
• 3Y*: 19.76%
• 5Y*: —
• 10Y*: —

SWLVX

• 1D: 0.75%
• 1M: 2.84%
• YTD: 15.99%
• 6M: 15.35%
• 1Y: 30.01%
• 3Y*: 17.99%
• 5Y*: 11.71%
• 10Y*: —

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

SJVIX vs. SWLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SJVIX Crossmark Steward Large Cap Value Fund	13.24%	13.50%	21.19%	13.30%	-4.94%
SWLVX Schwab U.S. Large-Cap Value Index Fund	15.99%	15.87%	14.36%	11.45%	-2.02%

Correlation

The correlation between SJVIX and SWLVX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.95

The correlation between SJVIX and SWLVX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

SJVIX vs. SWLVX — Risk / Return Rank

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

SJVIX

SJVIX Risk / Return Rank: 58
SJVIX Sharpe Ratio Rank: 58
SJVIX Sortino Ratio Rank: 58
SJVIX Omega Ratio Rank: 51
SJVIX Calmar Ratio Rank: 66
SJVIX Martin Ratio Rank: 59

SWLVX

SWLVX Risk / Return Rank: 88
SWLVX Sharpe Ratio Rank: 89
SWLVX Sortino Ratio Rank: 86
SWLVX Omega Ratio Rank: 81
SWLVX Calmar Ratio Rank: 91
SWLVX Martin Ratio Rank: 94

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.

SJVIX vs. SWLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Crossmark Steward Large Cap Value Fund (SJVIX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SJVIX	SWLVX	Difference
Sharpe ratio: Return per unit of total volatility	2.07	2.71	-0.64
Sortino ratio: Return per unit of downside risk	2.93	3.77	-0.85
Omega ratio: Gain probability vs. loss probability	1.36	1.49	-0.13
Calmar ratio: Return relative to maximum drawdown	2.97	4.46	-1.48
Martin ratio: Return relative to average drawdown	11.03	18.60	-7.57

SJVIX vs. SWLVX - Sharpe Ratio Comparison

The current SJVIX Sharpe Ratio is 2.07, which is comparable to the SWLVX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of SJVIX and SWLVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SJVIX vs. SWLVX - Drawdown Comparison

The maximum SJVIX drawdown since its inception was -20.27%, smaller than the maximum SWLVX drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for SJVIX and SWLVX.

Drawdown Indicators

	SJVIX	SWLVX	Difference
Max Drawdown Largest peak-to-trough decline	-20.27%	-38.34%	+18.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.19%	-6.82%	-2.37%
Max Drawdown (3Y) Largest decline over 3 years	-17.68%	-15.61%	-2.07%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.05%	—
Current Drawdown Current decline from peak	-1.19%	-0.63%	-0.56%
Average Drawdown Average peak-to-trough decline	-4.72%	-4.82%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.47%	1.63%	+0.84%

Volatility

SJVIX vs. SWLVX - Volatility Comparison

Crossmark Steward Large Cap Value Fund (SJVIX) has a higher volatility of 4.35% compared to Schwab U.S. Large-Cap Value Index Fund (SWLVX) at 4.03%. This indicates that SJVIX's price experiences larger fluctuations and is considered to be riskier than SWLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SJVIX	SWLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	4.03%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	10.38%	8.69%	+1.69%
Volatility (1Y) Calculated over the trailing 1-year period	13.22%	11.23%	+1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.59%	14.90%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	18.54%	-1.95%

SJVIX vs. SWLVX - Expense Ratio Comparison

SJVIX has a 0.75% expense ratio, which is higher than SWLVX's 0.04% expense ratio.

Dividends

SJVIX vs. SWLVX - Dividend Comparison

SJVIX's dividend yield for the trailing twelve months is around 6.10%, more than SWLVX's 1.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SJVIX Crossmark Steward Large Cap Value Fund	6.10%	6.91%	8.41%	1.44%	1.72%	0.00%	0.00%	0.00%	0.00%
SWLVX Schwab U.S. Large-Cap Value Index Fund	1.74%	2.02%	2.75%	2.56%	2.29%	4.86%	2.00%	4.35%	1.87%

Frequently Asked Questions

Can I hold both SJVIX and SWLVX in my portfolio?

With a correlation of 0.92, SJVIX and SWLVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SJVIX or SWLVX?

SJVIX has higher volatility (4.35%) compared to SWLVX (4.03%). In terms of maximum drawdown, SJVIX dropped -20.27% vs SWLVX's -38.34%.

Which has better risk-adjusted returns?

SWLVX currently has the higher Sharpe Ratio (2.71 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.