SNXFX vs. VOO
Compare and contrast key facts about Schwab 1000 Index Fund (SNXFX) and Vanguard S&P 500 ETF (VOO).
SNXFX is a passively managed fund by Charles Schwab that tracks the performance of the Schwab 1000 Index. It was launched on Apr 2, 1991. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both SNXFX and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNXFX or VOO.
Key characteristics
| SNXFX | VOO | |
|---|---|---|
| YTD Return | 7.09% | 7.31% |
| 1Y Return | 25.63% | 25.21% |
| 3Y Return (Ann) | 7.21% | 8.45% |
| 5Y Return (Ann) | 13.04% | 13.50% |
| 10Y Return (Ann) | 12.13% | 12.57% |
| Sharpe Ratio | 2.31 | 2.36 |
| Daily Std Dev | 12.15% | 11.75% |
| Max Drawdown | -55.08% | -33.99% |
| Current Drawdown | -3.02% | -2.94% |
Correlation
The correlation between SNXFX and VOO 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
SNXFX vs. VOO - Performance Comparison
The year-to-date returns for both investments are quite close, with SNXFX having a 7.09% return and VOO slightly higher at 7.31%. Both investments have delivered pretty close results over the past 10 years, with SNXFX having a 12.13% annualized return and VOO not far ahead at 12.57%. 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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SNXFX vs. VOO - Expense Ratio Comparison
SNXFX has a 0.05% expense ratio, which is higher than VOO's 0.03% 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
SNXFX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 1000 Index Fund (SNXFX) and Vanguard S&P 500 ETF (VOO). 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
SNXFX vs. VOO - Dividend Comparison
SNXFX's dividend yield for the trailing twelve months is around 1.32%, less than VOO's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNXFX Schwab 1000 Index Fund | 1.32% | 1.41% | 1.61% | 1.74% | 2.76% | 3.01% | 6.48% | 4.22% | 3.41% | 6.31% | 4.38% | 4.61% |
VOO Vanguard S&P 500 ETF | 1.37% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
SNXFX vs. VOO - Drawdown Comparison
The maximum SNXFX drawdown since its inception was -55.08%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SNXFX and VOO. For additional features, visit the drawdowns tool.
Volatility
SNXFX vs. VOO - Volatility Comparison
Schwab 1000 Index Fund (SNXFX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.70% and 3.60%, 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.