SWANX vs. SWSSX
Compare and contrast key facts about Schwab Core Equity Fund™ (SWANX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX).
SWANX is managed by Charles Schwab. It was launched on Jul 1, 1996. SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997.
Performance
SWANX vs. SWSSX - Performance Comparison
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SWANX vs. SWSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWANX Schwab Core Equity Fund™ | -9.30% | 6.61% | 25.42% | 22.83% | -18.00% | 27.27% | 11.95% | 29.50% | -9.53% | 24.26% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | -2.49% | 12.88% | 11.57% | 17.07% | -20.43% | 14.77% | 20.12% | 25.63% | -11.19% | 14.76% |
Returns By Period
In the year-to-date period, SWANX achieves a -9.30% return, which is significantly lower than SWSSX's -2.49% return. Over the past 10 years, SWANX has outperformed SWSSX with an annualized return of 10.70%, while SWSSX has yielded a comparatively lower 9.50% annualized return.
SWANX
- 1D
- -0.09%
- 1M
- -7.74%
- YTD
- -9.30%
- 6M
- -12.09%
- 1Y
- 2.59%
- 3Y*
- 11.86%
- 5Y*
- 7.97%
- 10Y*
- 10.70%
SWSSX
- 1D
- -1.45%
- 1M
- -8.18%
- YTD
- -2.49%
- 6M
- -0.36%
- 1Y
- 21.55%
- 3Y*
- 11.83%
- 5Y*
- 3.10%
- 10Y*
- 9.50%
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SWANX vs. SWSSX - Expense Ratio Comparison
SWANX has a 0.73% expense ratio, which is higher than SWSSX's 0.04% expense ratio.
Return for Risk
SWANX vs. SWSSX — Risk / Return Rank
SWANX
SWSSX
SWANX vs. SWSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Core Equity Fund™ (SWANX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). 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.
| SWANX | SWSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.16 | 0.91 | -0.75 |
Sortino ratioReturn per unit of downside risk | 0.35 | 1.40 | -1.05 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.18 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.03 | 1.33 | -1.30 |
Martin ratioReturn relative to average drawdown | 0.10 | 5.02 | -4.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWANX | SWSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | 0.91 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.14 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.40 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.33 | +0.12 |
Correlation
The correlation between SWANX and SWSSX is 0.84, 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.
Dividends
SWANX vs. SWSSX - Dividend Comparison
SWANX has not paid dividends to shareholders, while SWSSX's dividend yield for the trailing twelve months is around 1.32%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.32% | 1.29% | 1.66% | 1.49% | 1.32% | 8.88% | 2.55% | 6.12% | 10.45% | 5.22% | 4.10% | 6.92% |
Drawdowns
SWANX vs. SWSSX - Drawdown Comparison
The maximum SWANX drawdown since its inception was -51.33%, smaller than the maximum SWSSX drawdown of -60.34%. Use the drawdown chart below to compare losses from any high point for SWANX and SWSSX.
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Drawdown Indicators
| SWANX | SWSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.33% | -60.34% | +9.01% |
Max Drawdown (1Y)Largest decline over 1 year | -15.58% | -13.90% | -1.68% |
Max Drawdown (5Y)Largest decline over 5 years | -23.72% | -31.93% | +8.21% |
Max Drawdown (10Y)Largest decline over 10 years | -34.66% | -41.81% | +7.15% |
Current DrawdownCurrent decline from peak | -15.58% | -11.00% | -4.58% |
Average DrawdownAverage peak-to-trough decline | -11.32% | -10.78% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.00% | 3.68% | +1.32% |
Volatility
SWANX vs. SWSSX - Volatility Comparison
The current volatility for Schwab Core Equity Fund™ (SWANX) is 4.05%, while Schwab Small-Cap Index Fund-Select Shares (SWSSX) has a volatility of 6.59%. This indicates that SWANX experiences smaller price fluctuations and is considered to be less risky than SWSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWANX | SWSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 6.59% | -2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 11.53% | 14.12% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.14% | 23.11% | -3.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.93% | 22.57% | -5.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 24.03% | -5.94% |