SNXFX vs. CCFAX

Last updated Jun 4, 2026

SNXFX (Schwab 1000 Index Fund) and CCFAX (American Funds College 2036 Fund) are both mutual funds - SNXFX is a Large Cap Blend Equities fund tracking the Schwab 1000 Index, while CCFAX is a Diversified Portfolio fund managed by American Funds. Over the past 5 years, SNXFX returned 13.51%/yr vs 7.64%/yr for CCFAX. Their correlation of 0.94 suggests significant overlap in exposure. SNXFX charges 0.05%/yr vs 0.43%/yr for CCFAX.

Performance

SNXFX vs. CCFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab 1000 Index Fund (SNXFX) and American Funds College 2036 Fund (CCFAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNXFX achieves a 11.89% return, which is significantly higher than CCFAX's 6.79% return.

SNXFX

• 1D: 0.25%
• 1M: 5.85%
• YTD: 11.89%
• 6M: 11.81%
• 1Y: 28.65%
• 3Y*: 22.58%
• 5Y*: 13.51%
• 10Y*: 15.29%

CCFAX

• 1D: 0.21%
• 1M: 2.96%
• YTD: 6.79%
• 6M: 7.25%
• 1Y: 18.26%
• 3Y*: 15.85%
• 5Y*: 7.64%
• 10Y*: —

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

SNXFX vs. CCFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SNXFX Schwab 1000 Index Fund	11.89%	17.23%	24.46%	26.53%	-19.46%	26.10%	20.71%	31.43%	-5.93%
CCFAX American Funds College 2036 Fund	6.79%	16.36%	13.70%	19.10%	-18.41%	12.44%	16.77%	22.43%	-9.10%

Correlation

The correlation between SNXFX and CCFAX is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 5, 2018	0.94

The correlation between SNXFX and CCFAX has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

Return for Risk

SNXFX vs. CCFAX — Risk / Return Rank

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

SNXFX

SNXFX Risk / Return Rank: 70
SNXFX Sharpe Ratio Rank: 70
SNXFX Sortino Ratio Rank: 63
SNXFX Omega Ratio Rank: 62
SNXFX Calmar Ratio Rank: 73
SNXFX Martin Ratio Rank: 81

CCFAX

CCFAX Risk / Return Rank: 61
CCFAX Sharpe Ratio Rank: 62
CCFAX Sortino Ratio Rank: 63
CCFAX Omega Ratio Rank: 62
CCFAX Calmar Ratio Rank: 54
CCFAX Martin Ratio Rank: 64

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.

SNXFX vs. CCFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab 1000 Index Fund (SNXFX) and American Funds College 2036 Fund (CCFAX). 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.

	SNXFX	CCFAX	Difference
Sharpe ratio: Return per unit of total volatility	2.44	2.33	+0.12
Sortino ratio: Return per unit of downside risk	3.32	3.33	-0.01
Omega ratio: Gain probability vs. loss probability	1.44	1.44	0.00
Calmar ratio: Return relative to maximum drawdown	3.31	2.82	+0.49
Martin ratio: Return relative to average drawdown	15.28	12.56	+2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNXFX vs. CCFAX - Sharpe Ratio Comparison

The current SNXFX Sharpe Ratio is 2.44, which is comparable to the CCFAX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of SNXFX and CCFAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SNXFX	CCFAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	2.33	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.67	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.66	-0.08

Drawdowns

SNXFX vs. CCFAX - Drawdown Comparison

The maximum SNXFX drawdown since its inception was -55.08%, which is greater than CCFAX's maximum drawdown of -25.80%. Use the drawdown chart below to compare losses from any high point for SNXFX and CCFAX.

Drawdown Indicators

	SNXFX	CCFAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.08%	-25.80%	-29.28%
Max Drawdown (1Y) Largest decline over 1 year	-8.94%	-6.63%	-2.31%
Max Drawdown (3Y) Largest decline over 3 years	-19.21%	-11.04%	-8.17%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	-25.34%	-0.02%
Max Drawdown (10Y) Largest decline over 10 years	-34.58%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.76%	-5.17%	-3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	1.49%	+0.44%

Volatility

SNXFX vs. CCFAX - Volatility Comparison

Schwab 1000 Index Fund (SNXFX) has a higher volatility of 2.87% compared to American Funds College 2036 Fund (CCFAX) at 2.35%. This indicates that SNXFX's price experiences larger fluctuations and is considered to be riskier than CCFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNXFX	CCFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	2.35%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	9.13%	6.33%	+2.80%
Volatility (1Y) Calculated over the trailing 1-year period	12.12%	8.04%	+4.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.31%	11.50%	+5.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.73%	13.33%	+5.40%

SNXFX vs. CCFAX - Expense Ratio Comparison

SNXFX has a 0.05% expense ratio, which is lower than CCFAX's 0.43% expense ratio.

Dividends

SNXFX vs. CCFAX - Dividend Comparison

SNXFX's dividend yield for the trailing twelve months is around 1.30%, less than CCFAX's 6.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCFAX American Funds College 2036 Fund	6.65%	7.10%	5.41%	1.75%	4.66%	7.82%	4.37%	2.61%	1.20%	0.00%	0.00%	0.00%
SNXFX Schwab 1000 Index Fund	1.30%	1.45%	1.23%	1.41%	1.61%	1.74%	2.76%	3.01%	6.49%	4.23%	3.41%	6.31%

Frequently Asked Questions

Can I hold both SNXFX and CCFAX in my portfolio?

With a correlation of 0.94, SNXFX and CCFAX 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, SNXFX or CCFAX?

SNXFX has higher volatility (2.87%) compared to CCFAX (2.35%). In terms of maximum drawdown, SNXFX dropped -55.08% vs CCFAX's -25.80%.

Which has better risk-adjusted returns?

SNXFX currently has the higher Sharpe Ratio (2.44 vs 2.33), 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.