SWEGX vs. SWPPX
SWEGX (Schwab MarketTrack All Equity Portfolio™) and SWPPX (Schwab S&P 500 Index Fund) are both mutual funds - SWEGX is a Diversified Portfolio fund managed by Charles Schwab, while SWPPX is a Large Cap Blend Equities fund tracking the S&P 500 Index. Over the past 10 years, SWEGX returned 12.99%/yr vs 15.77%/yr for SWPPX. Their correlation of 0.95 suggests significant overlap in exposure. SWEGX charges 0.39%/yr vs 0.02%/yr for SWPPX.
Performance
SWEGX vs. SWPPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWEGX achieves a 11.78% return, which is significantly higher than SWPPX's 9.75% return. Over the past 10 years, SWEGX has underperformed SWPPX with an annualized return of 12.99%, while SWPPX has yielded a comparatively higher 15.77% annualized return.
SWEGX
- 1D
- -0.10%
- 1M
- 0.79%
- YTD
- 11.78%
- 6M
- 11.06%
- 1Y
- 27.09%
- 3Y*
- 20.70%
- 5Y*
- 11.43%
- 10Y*
- 12.99%
SWPPX
- 1D
- -0.36%
- 1M
- 0.10%
- YTD
- 9.75%
- 6M
- 8.76%
- 1Y
- 25.48%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
SWEGX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWEGX Schwab MarketTrack All Equity Portfolio™ | 11.78% | 20.82% | 13.86% | 25.13% | -16.24% | 22.68% | 11.13% | 25.55% | -9.53% | 19.84% |
SWPPX Schwab S&P 500 Index Fund | 9.75% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Correlation
The correlation between SWEGX and SWPPX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.95 |
The correlation between SWEGX and SWPPX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWEGX vs. SWPPX — Risk / Return Rank
SWEGX
SWPPX
SWEGX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack All Equity Portfolio™ (SWEGX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWEGX | SWPPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.39 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 3.02 | +0.15 |
| Martin ratioReturn relative to average drawdown | 13.51 | 13.59 | -0.07 |
Loading charts...
Drawdowns
SWEGX vs. SWPPX - Drawdown Comparison
The maximum SWEGX drawdown since its inception was -57.57%, roughly equal to the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWEGX and SWPPX.
Loading charts...
Drawdown Indicators
| SWEGX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.57% | -55.06% | -2.51% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -8.89% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.19% | -18.74% | +2.55% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | -24.51% | -0.36% |
Max Drawdown (10Y)Largest decline over 10 years | -36.08% | -33.80% | -2.28% |
Current DrawdownCurrent decline from peak | -0.88% | -1.74% | +0.86% |
Average DrawdownAverage peak-to-trough decline | -10.35% | -9.93% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.97% | +0.12% |
Volatility
SWEGX vs. SWPPX - Volatility Comparison
The current volatility for Schwab MarketTrack All Equity Portfolio™ (SWEGX) is 4.41%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.73%. This indicates that SWEGX 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.
Loading charts...
Volatility by Period
| SWEGX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 4.73% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 9.98% | 9.87% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.51% | 12.53% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 17.02% | -1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.34% | 18.27% | -0.93% |
SWEGX vs. SWPPX - Expense Ratio Comparison
SWEGX has a 0.39% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Dividends
SWEGX vs. SWPPX - Dividend Comparison
SWEGX's dividend yield for the trailing twelve months is around 6.54%, more than SWPPX's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWEGX Schwab MarketTrack All Equity Portfolio™ | 6.54% | 7.32% | 7.58% | 6.29% | 4.93% | 3.90% | 6.78% | 6.54% | 4.85% | 3.49% | 4.54% | 11.29% |
SWPPX Schwab S&P 500 Index Fund | 1.01% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Frequently Asked Questions
With a correlation of 0.94, SWEGX and SWPPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SWPPX has higher volatility (4.73%) compared to SWEGX (4.41%). In terms of maximum drawdown, SWEGX dropped -57.57% vs SWPPX's -55.06%.
SWEGX currently has the higher Sharpe Ratio (2.26 vs 2.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SWEGX and SWPPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer