SWHGX vs. QQQ
Compare and contrast key facts about Schwab MarketTrack Growth Portfolio™ (SWHGX) and Invesco QQQ (QQQ).
SWHGX 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: SWHGX or QQQ.
Key characteristics
| SWHGX | QQQ | |
|---|---|---|
| YTD Return | 13.23% | 21.73% |
| 1Y Return | 26.43% | 42.44% |
| 3Y Return (Ann) | 2.03% | 9.48% |
| 5Y Return (Ann) | 5.20% | 20.93% |
| 10Y Return (Ann) | 3.72% | 18.21% |
| Sharpe Ratio | 2.64 | 2.51 |
| Sortino Ratio | 3.68 | 3.25 |
| Omega Ratio | 1.49 | 1.45 |
| Calmar Ratio | 1.52 | 3.18 |
| Martin Ratio | 15.83 | 11.66 |
| Ulcer Index | 1.71% | 3.70% |
| Daily Std Dev | 10.27% | 17.16% |
| Max Drawdown | -51.94% | -82.98% |
| Current Drawdown | -1.16% | -1.17% |
Correlation
The correlation between SWHGX and QQQ is 0.82, 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
SWHGX vs. QQQ - Performance Comparison
In the year-to-date period, SWHGX achieves a 13.23% return, which is significantly lower than QQQ's 21.73% return. Over the past 10 years, SWHGX has underperformed QQQ with an annualized return of 3.72%, while QQQ has yielded a comparatively higher 18.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWHGX vs. QQQ - Expense Ratio Comparison
SWHGX has a 0.39% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SWHGX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack Growth Portfolio™ (SWHGX) 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
SWHGX vs. QQQ - Dividend Comparison
SWHGX's dividend yield for the trailing twelve months is around 3.55%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWHGX Schwab MarketTrack Growth Portfolio™ | 3.55% | 4.02% | 4.53% | 5.04% | 8.15% | 5.76% | 5.76% | 4.87% | 3.73% | 14.80% | 3.28% | 1.38% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
SWHGX vs. QQQ - Drawdown Comparison
The maximum SWHGX drawdown since its inception was -51.94%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SWHGX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SWHGX vs. QQQ - Volatility Comparison
The current volatility for Schwab MarketTrack Growth Portfolio™ (SWHGX) is 2.08%, while Invesco QQQ (QQQ) has a volatility of 3.68%. This indicates that SWHGX 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.