Correlation
The correlation between SWCGX and QQQ is 0.89, 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.
SWCGX vs. QQQ
Compare and contrast key facts about Schwab MarketTrack Conservative Portfolio™ (SWCGX) and Invesco QQQ (QQQ).
SWCGX is managed by Charles Schwab. It was launched on Nov 19, 1995. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWCGX or QQQ.
Performance
SWCGX vs. QQQ - Performance Comparison
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Key characteristics
SWCGX:
1.08
QQQ:
0.62
SWCGX:
1.48
QQQ:
0.92
SWCGX:
1.20
QQQ:
1.13
SWCGX:
1.20
QQQ:
0.60
SWCGX:
4.78
QQQ:
1.94
SWCGX:
1.63%
QQQ:
7.02%
SWCGX:
7.63%
QQQ:
25.59%
SWCGX:
-30.18%
QQQ:
-82.98%
SWCGX:
-0.07%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, SWCGX achieves a 3.08% return, which is significantly higher than QQQ's 1.69% return. Over the past 10 years, SWCGX has underperformed QQQ with an annualized return of 4.53%, while QQQ has yielded a comparatively higher 17.69% annualized return.
SWCGX
3.08%
1.59%
0.71%
8.18%
5.23%
4.84%
4.53%
QQQ
1.69%
9.18%
2.15%
15.66%
19.78%
18.08%
17.69%
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SWCGX vs. QQQ - Expense Ratio Comparison
SWCGX has a 0.42% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SWCGX vs. QQQ — Risk-Adjusted Performance Rank
SWCGX
QQQ
SWCGX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack Conservative Portfolio™ (SWCGX) and Invesco QQQ (QQQ). 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.
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Dividends
SWCGX vs. QQQ - Dividend Comparison
SWCGX's dividend yield for the trailing twelve months is around 9.88%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWCGX Schwab MarketTrack Conservative Portfolio™ | 9.88% | 10.09% | 6.64% | 4.07% | 4.87% | 3.28% | 3.32% | 4.85% | 3.40% | 2.48% | 7.98% | 1.58% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SWCGX vs. QQQ - Drawdown Comparison
The maximum SWCGX drawdown since its inception was -30.18%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SWCGX and QQQ.
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Volatility
SWCGX vs. QQQ - Volatility Comparison
The current volatility for Schwab MarketTrack Conservative Portfolio™ (SWCGX) is 1.90%, while Invesco QQQ (QQQ) has a volatility of 5.62%. This indicates that SWCGX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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