SWEGX vs. QQQ
Compare and contrast key facts about Schwab MarketTrack All Equity Portfolio™ (SWEGX) and Invesco QQQ (QQQ).
SWEGX is managed by Charles Schwab. It was launched on May 19, 1998. 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: SWEGX or QQQ.
Correlation
The correlation between SWEGX and QQQ is 0.81, 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
SWEGX vs. QQQ - Performance Comparison
Key characteristics
SWEGX:
0.93
QQQ:
1.38
SWEGX:
1.22
QQQ:
1.88
SWEGX:
1.18
QQQ:
1.25
SWEGX:
1.18
QQQ:
1.86
SWEGX:
3.78
QQQ:
6.43
SWEGX:
3.27%
QQQ:
3.92%
SWEGX:
13.36%
QQQ:
18.27%
SWEGX:
-60.17%
QQQ:
-82.98%
SWEGX:
-4.45%
QQQ:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with SWEGX having a 5.33% return and QQQ slightly higher at 5.50%. Over the past 10 years, SWEGX has underperformed QQQ with an annualized return of 5.39%, while QQQ has yielded a comparatively higher 18.39% annualized return.
SWEGX
5.33%
3.59%
1.37%
11.61%
6.65%
5.39%
QQQ
5.50%
3.38%
12.65%
26.01%
18.94%
18.39%
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SWEGX vs. QQQ - Expense Ratio Comparison
SWEGX has a 0.39% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SWEGX vs. QQQ — Risk-Adjusted Performance Rank
SWEGX
QQQ
SWEGX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack All Equity Portfolio™ (SWEGX) 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.
Dividends
SWEGX vs. QQQ - Dividend Comparison
SWEGX's dividend yield for the trailing twelve months is around 1.80%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWEGX Schwab MarketTrack All Equity Portfolio™ | 1.80% | 1.90% | 1.83% | 1.60% | 1.91% | 1.08% | 2.78% | 2.22% | 1.75% | 1.85% | 3.55% | 1.37% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SWEGX vs. QQQ - Drawdown Comparison
The maximum SWEGX drawdown since its inception was -60.17%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SWEGX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SWEGX vs. QQQ - Volatility Comparison
The current volatility for Schwab MarketTrack All Equity Portfolio™ (SWEGX) is 2.90%, while Invesco QQQ (QQQ) has a volatility of 4.92%. This indicates that SWEGX 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.