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SWANX vs. SNXFX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SWANX vs. SNXFX

Last updated Jun 4, 2026

SWANX (Schwab Core Equity Fund™) and SNXFX (Schwab 1000 Index Fund) are both Large Cap Blend Equities funds from Charles Schwab. Over the past 10 years, SWANX returned 12.30%/yr vs 15.29%/yr for SNXFX. With a 0.98 correlation, they move nearly in lockstep. SWANX charges 0.73%/yr vs 0.05%/yr for SNXFX.

Performance

SWANX vs. SNXFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Core Equity Fund™ (SWANX) and Schwab 1000 Index Fund (SNXFX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SWANX achieves a 6.28% return, which is significantly lower than SNXFX's 11.89% return. Over the past 10 years, SWANX has underperformed SNXFX with an annualized return of 12.30%, while SNXFX has yielded a comparatively higher 15.29% annualized return.

SWANX

1D
-0.30%
1M
3.81%
YTD
6.28%
6M
-0.49%
1Y
12.62%
3Y*
16.16%
5Y*
10.23%
10Y*
12.30%

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

SWANX vs. SNXFX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SWANX
Schwab Core Equity Fund™		6.28%6.61%25.42%22.83%-18.00%27.27%11.95%29.50%-9.53%24.26%
SNXFX
Schwab 1000 Index Fund		11.89%17.23%24.46%26.53%-19.46%26.10%20.71%31.43%-5.04%21.71%

Correlation

The correlation between SWANX and SNXFX 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

0.96

Correlation (5Y)
Calculated over the trailing 5-year period

0.97

Correlation (10Y)
Calculated over the trailing 10-year period

0.97

Correlation (All Time)
Calculated using the full available price history since Jan 3, 1997

0.98

The correlation between SWANX and SNXFX has been stable across timeframes, ranging from 0.94 to 0.98 - a consistent structural relationship.

SWANX vs. SNXFX - Sectors Allocation Comparison

Sectors
SWANX
SNXFX

Technology

40.0%
34.6%

Communication Services

11.9%
10.6%

Healthcare

8.9%
8.7%

Industrials

8.3%
9.4%

Financial Services

8.3%
11.9%

Consumer Cyclical

7.5%
10.1%

Energy

4.6%
3.6%

Utilities

4.5%
2.3%

Consumer Defensive

4.1%
4.7%

Basic Materials

1.4%
2.0%

Real Estate

0.5%
2.2%

Technology

SWANX
40.0%
SNXFX
34.6%

Communication Services

SWANX
11.9%
SNXFX
10.6%

Healthcare

SWANX
8.9%
SNXFX
8.7%

Industrials

SWANX
8.3%
SNXFX
9.4%

Financial Services

SWANX
8.3%
SNXFX
11.9%

Consumer Cyclical

SWANX
7.5%
SNXFX
10.1%

Energy

SWANX
4.6%
SNXFX
3.6%

Utilities

SWANX
4.5%
SNXFX
2.3%

Consumer Defensive

SWANX
4.1%
SNXFX
4.7%

Basic Materials

SWANX
1.4%
SNXFX
2.0%

Real Estate

SWANX
0.5%
SNXFX
2.2%

Compare stocks, funds, or ETFs

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Schwab Core Equity Fund™

Schwab 1000 Index Fund

Often compared with SWANX:
SWANX vs. SWPPXSWANX vs. SCHDSWANX vs. SWSCXSWANX vs. SCHBSWANX vs. SCHGSWANX vs. VOOSWANX vs. SPY
Often compared with SNXFX:
SNXFX vs. SWPPXSNXFX vs. SWTSXSNXFX vs. VOOSNXFX vs. FSKAXSNXFX vs. SWAGXSNXFX vs. FEMKXSNXFX vs. FLCPX

Return for Risk

SWANX vs. SNXFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SWANX
SWANX Risk / Return Rank: 1111
Overall Rank
SWANX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
SWANX Sortino Ratio Rank: 1010
Sortino Ratio Rank
SWANX Omega Ratio Rank: 1515
Omega Ratio Rank
SWANX Calmar Ratio Rank: 88
Calmar Ratio Rank
SWANX Martin Ratio Rank: 88
Martin Ratio Rank
SNXFX
SNXFX Risk / Return Rank: 7070
Overall Rank
SNXFX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
SNXFX Sortino Ratio Rank: 6363
Sortino Ratio Rank
SNXFX Omega Ratio Rank: 6262
Omega Ratio Rank
SNXFX Calmar Ratio Rank: 7373
Calmar Ratio Rank
SNXFX Martin Ratio Rank: 8181
Martin Ratio Rank
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.

SWANX vs. SNXFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Core Equity Fund™ (SWANX) and Schwab 1000 Index Fund (SNXFX). 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.

SWANXSNXFXDifference
Sharpe ratioReturn per unit of total volatility
0.96
2.44

-1.49

Sortino ratioReturn per unit of downside risk
1.25
3.32

-2.07

Omega ratioGain probability vs. loss probability

1.20

1.44

-0.24

Calmar ratioReturn relative to maximum drawdown

0.85

3.31

-2.46

Martin ratioReturn relative to average drawdown

2.48

15.28

-12.80

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWANX vs. SNXFX - Sharpe Ratio Comparison

The current SWANX Sharpe Ratio is 0.96, which is lower than the SNXFX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of SWANX and SNXFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SWANXSNXFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

2.44

-1.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.78

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.68

0.82

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.58

-0.11

Drawdowns

SWANX vs. SNXFX - Drawdown Comparison

The maximum SWANX drawdown since its inception was -51.33%, smaller than the maximum SNXFX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for SWANX and SNXFX.

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Drawdown Indicators

SWANXSNXFXDifference

Max Drawdown

Largest peak-to-trough decline

-51.33%

-55.08%

+3.75%

Max Drawdown (1Y)

Largest decline over 1 year

-15.58%

-8.94%

-6.64%

Max Drawdown (3Y)

Largest decline over 3 years

-18.43%

-19.21%

+0.78%

Max Drawdown (5Y)

Largest decline over 5 years

-23.72%

-25.36%

+1.64%

Max Drawdown (10Y)

Largest decline over 10 years

-34.66%

-34.58%

-0.08%

Current Drawdown

Current decline from peak

-1.09%

0.00%

-1.09%

Average Drawdown

Average peak-to-trough decline

-11.29%

-8.76%

-2.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.34%

1.93%

+3.41%

Volatility

SWANX vs. SNXFX - Volatility Comparison

Schwab Core Equity Fund™ (SWANX) and Schwab 1000 Index Fund (SNXFX) have volatilities of 2.84% and 2.87%, 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.

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Volatility by Period

SWANXSNXFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.84%

2.87%

-0.03%

Volatility (6M)

Calculated over the trailing 6-month period

11.77%

9.13%

+2.64%

Volatility (1Y)

Calculated over the trailing 1-year period

13.85%

12.12%

+1.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.98%

17.31%

-0.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.13%

18.73%

-0.60%

SWANX vs. SNXFX - Expense Ratio Comparison

SWANX has a 0.73% expense ratio, which is higher than SNXFX's 0.05% expense ratio.

Dividends

SWANX vs. SNXFX - Dividend Comparison

SWANX has not paid dividends to shareholders, while SNXFX's dividend yield for the trailing twelve months is around 1.30%.

PositionTTM20252024202320222021202020192018201720162015
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%
SWANX
Schwab Core Equity Fund™		0.00%0.00%8.37%2.89%16.55%28.81%4.67%2.88%15.23%11.59%1.66%17.05%

Frequently Asked Questions

With a correlation of 0.94, SWANX and SNXFX 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.

SNXFX has higher volatility (2.87%) compared to SWANX (2.84%). In terms of maximum drawdown, SWANX dropped -51.33% vs SNXFX's -55.08%.

SNXFX currently has the higher Sharpe Ratio (2.44 vs 0.96), 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.

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