SWDSX vs. SWPPX
Compare and contrast key facts about Schwab Dividend Equity Fund™ (SWDSX) and Schwab S&P 500 Index Fund (SWPPX).
SWDSX is managed by Charles Schwab. It was launched on Sep 2, 2003. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
SWDSX vs. SWPPX - Performance Comparison
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SWDSX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWDSX Schwab Dividend Equity Fund™ | 0.45% | 12.31% | 17.06% | 6.92% | -5.84% | 28.24% | -4.33% | 24.32% | -12.18% | 15.40% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, SWDSX achieves a 0.45% return, which is significantly higher than SWPPX's -7.07% return. Over the past 10 years, SWDSX has underperformed SWPPX with an annualized return of 8.74%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
SWDSX
- 1D
- 0.00%
- 1M
- -5.46%
- YTD
- 0.45%
- 6M
- 0.22%
- 1Y
- 9.25%
- 3Y*
- 12.77%
- 5Y*
- 8.89%
- 10Y*
- 8.74%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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SWDSX vs. SWPPX - Expense Ratio Comparison
SWDSX has a 0.89% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Return for Risk
SWDSX vs. SWPPX — Risk / Return Rank
SWDSX
SWPPX
SWDSX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Dividend Equity Fund™ (SWDSX) and Schwab S&P 500 Index Fund (SWPPX). 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.
| SWDSX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.84 | -0.03 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.30 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.97 | 1.06 | -0.09 |
Martin ratioReturn relative to average drawdown | 4.38 | 5.14 | -0.76 |
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
| SWDSX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.84 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.68 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.76 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.48 | -0.01 |
Correlation
The correlation between SWDSX and SWPPX is 0.92, 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
SWDSX vs. SWPPX - Dividend Comparison
SWDSX's dividend yield for the trailing twelve months is around 0.79%, less than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWDSX Schwab Dividend Equity Fund™ | 0.79% | 1.22% | 2.59% | 2.25% | 6.83% | 16.25% | 2.09% | 6.86% | 11.63% | 10.24% | 1.68% | 14.46% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
SWDSX vs. SWPPX - Drawdown Comparison
The maximum SWDSX drawdown since its inception was -50.01%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWDSX and SWPPX.
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Drawdown Indicators
| SWDSX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.01% | -55.06% | +5.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.80% | -12.10% | +2.30% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | -24.51% | +6.57% |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | -33.80% | -6.40% |
Current DrawdownCurrent decline from peak | -6.00% | -8.89% | +2.89% |
Average DrawdownAverage peak-to-trough decline | -6.82% | -10.00% | +3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 2.49% | -0.32% |
Volatility
SWDSX vs. SWPPX - Volatility Comparison
The current volatility for Schwab Dividend Equity Fund™ (SWDSX) is 2.68%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. This indicates that SWDSX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWDSX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 4.29% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.25% | 9.11% | -1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.54% | 18.14% | -4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.26% | 16.89% | -3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.92% | 18.19% | -1.27% |