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:
1.32
QQQ:
1.63
SWEGX:
1.78
QQQ:
2.18
SWEGX:
1.27
QQQ:
1.29
SWEGX:
2.10
QQQ:
2.14
SWEGX:
8.66
QQQ:
7.71
SWEGX:
1.87%
QQQ:
3.77%
SWEGX:
12.28%
QQQ:
17.87%
SWEGX:
-57.57%
QQQ:
-82.98%
SWEGX:
-3.30%
QQQ:
-2.69%
Returns By Period
In the year-to-date period, SWEGX achieves a 15.25% return, which is significantly lower than QQQ's 28.44% return. Over the past 10 years, SWEGX has underperformed QQQ with an annualized return of 8.97%, while QQQ has yielded a comparatively higher 18.39% annualized return.
SWEGX
15.25%
-1.06%
6.23%
15.86%
9.77%
8.97%
QQQ
28.44%
3.54%
10.65%
28.86%
20.62%
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 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 1.59%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWEGX Schwab MarketTrack All Equity Portfolio™ | 1.59% | 1.83% | 1.60% | 1.91% | 1.08% | 2.78% | 2.22% | 1.75% | 1.85% | 3.55% | 1.37% | 1.61% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
SWEGX vs. QQQ - Drawdown Comparison
The maximum SWEGX drawdown since its inception was -57.57%, 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 3.76%, while Invesco QQQ (QQQ) has a volatility of 5.35%. 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.