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.
Performance
SWANX vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with SWANX having a 25.19% return and SPY slightly higher at 25.41%. Over the past 10 years, SWANX has underperformed SPY with an annualized return of 10.77%, while SPY has yielded a comparatively higher 13.07% annualized return.
SWANX
25.19%
0.16%
11.93%
28.27%
12.90%
10.77%
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| SWANX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.22 | 2.62 |
| Sortino Ratio | 2.98 | 3.50 |
| Omega Ratio | 1.41 | 1.49 |
| Calmar Ratio | 3.46 | 3.78 |
| Martin Ratio | 16.14 | 17.00 |
| Ulcer Index | 1.73% | 1.87% |
| Daily Std Dev | 12.60% | 12.14% |
| Max Drawdown | -53.94% | -55.19% |
| Current Drawdown | -1.68% | -1.38% |
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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.
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.
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's dividend yield for the trailing twelve months is around 0.82%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWANX Schwab Core Equity Fund™ | 0.82% | 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 | 1.19% | 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) and SPDR S&P 500 ETF (SPY) have volatilities of 3.96% and 4.09%, 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.