SWANX vs. SPY
Compare and contrast key facts about Schwab Core Equity Fund™ (SWANX) and SPDR S&P 500 ETF (SPY).
SWANX is managed by Charles Schwab. It was launched on Jul 1, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWANX or SPY.
Correlation
The correlation between SWANX and SPY is 0.95, 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
SWANX vs. SPY - Performance Comparison
Key characteristics
SWANX:
1.22
SPY:
2.21
SWANX:
1.52
SPY:
2.93
SWANX:
1.25
SPY:
1.41
SWANX:
1.72
SPY:
3.26
SWANX:
8.69
SPY:
14.43
SWANX:
2.13%
SPY:
1.90%
SWANX:
15.17%
SPY:
12.41%
SWANX:
-53.94%
SPY:
-55.19%
SWANX:
-9.90%
SPY:
-2.74%
Returns By Period
In the year-to-date period, SWANX achieves a 16.92% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, SWANX has underperformed SPY with an annualized return of 9.84%, while SPY has yielded a comparatively higher 12.97% annualized return.
SWANX
16.92%
-6.79%
0.38%
17.16%
10.54%
9.84%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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SWANX vs. SPY - Expense Ratio Comparison
SWANX has a 0.73% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SWANX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Core Equity Fund™ (SWANX) and SPDR S&P 500 ETF (SPY). 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
SWANX vs. SPY - Dividend Comparison
SWANX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWANX Schwab Core Equity Fund™ | 0.00% | 1.03% | 1.59% | 1.10% | 0.82% | 0.89% | 1.51% | 1.51% | 1.66% | 1.88% | 1.48% | 0.98% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SWANX vs. SPY - Drawdown Comparison
The maximum SWANX drawdown since its inception was -53.94%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWANX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWANX vs. SPY - Volatility Comparison
Schwab Core Equity Fund™ (SWANX) has a higher volatility of 9.11% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that SWANX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.