SWHGX vs. SWISX

Last updated Aug 5, 2026

SWHGX (Schwab MarketTrack Growth Portfolio™) and SWISX (Schwab International Index Fund) are both mutual funds - SWHGX is a Diversified Portfolio fund managed by Charles Schwab, while SWISX is a Foreign Large Cap Equities fund tracking the MSCI EAFE Index (Net). Over the past 10 years, SWHGX returned 10.07%/yr vs 9.55%/yr for SWISX. Their correlation of 0.81 means they have usually moved in the same direction. SWHGX charges 0.39%/yr vs 0.06%/yr for SWISX.

Performance

SWHGX vs. SWISX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab MarketTrack Growth Portfolio™ (SWHGX) and Schwab International Index Fund (SWISX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWHGX achieves a 10.48% return, which is significantly lower than SWISX's 12.43% return. Over the past 10 years, SWHGX has outperformed SWISX with an annualized return of 10.07%, while SWISX has yielded a comparatively lower 9.55% annualized return.

SWHGX

• 1D: 0.89%
• 1M: 1.06%
• 6M: 7.38%
• YTD: 10.48%
• 1Y: 19.31%
• 3Y*: 15.52%
• 5Y*: 8.74%
• 10Y*: 10.07%
• ALL TIME*: 7.63%

SWISX

• 1D: 0.53%
• 1M: 1.83%
• 6M: 6.32%
• YTD: 12.43%
• 1Y: 24.26%
• 3Y*: 17.43%
• 5Y*: 9.22%
• 10Y*: 9.55%
• ALL TIME*: 5.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SWHGX Schwab MarketTrack Growth Portfolio™	$0.00	$0.00	$0.00
SWISX Schwab International Index Fund	$0.00	$0.00	$0.00

SWHGX vs. SWISX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWHGX Schwab MarketTrack Growth Portfolio™	10.48%	17.49%	11.76%	18.22%	-15.06%	18.09%	11.02%	22.23%	-7.19%	16.11%
SWISX Schwab International Index Fund	12.43%	31.59%	3.54%	18.13%	-14.30%	11.25%	8.14%	21.87%	-13.38%	25.32%

Correlation

The correlation between SWHGX and SWISX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (10Y) Provides a long-term view across more market conditions.	0.85
Correlation (All Time) Calculated using the full available price history since Jan 2, 1998	0.81

The correlation between SWHGX and SWISX has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

Return for Risk

SWHGX vs. SWISX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SWHGX

SWHGX Risk / Return Rank: 81
SWHGX Sharpe Ratio Rank: 82
SWHGX Sortino Ratio Rank: 80
SWHGX Omega Ratio Rank: 78
SWHGX Calmar Ratio Rank: 80
SWHGX Martin Ratio Rank: 87

SWISX

SWISX Risk / Return Rank: 61
SWISX Sharpe Ratio Rank: 62
SWISX Sortino Ratio Rank: 61
SWISX Omega Ratio Rank: 58
SWISX Calmar Ratio Rank: 62
SWISX Martin Ratio Rank: 62

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SWHGX vs. SWISX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack Growth Portfolio™ (SWHGX) and Schwab International Index Fund (SWISX). 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.

	SWHGX	SWISX	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.64	+0.36
Sortino ratio: Return per unit of downside risk	2.82	2.33	+0.48
Omega ratio: Gain probability vs. loss probability	1.37	1.30	+0.07
Calmar ratio: Return relative to maximum drawdown	2.82	2.28	+0.53
Martin ratio: Return relative to average drawdown	11.97	8.65	+3.31

SWHGX vs. SWISX - Sharpe Ratio Comparison

The current SWHGX Sharpe Ratio is 2.00, which is comparable to the SWISX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of SWHGX and SWISX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SWHGX vs. SWISX - Drawdown Comparison

The maximum SWHGX drawdown since its inception was -49.19%, smaller than the maximum SWISX drawdown of -60.65%. Use the drawdown chart below to compare losses from any high point for SWHGX and SWISX.

Drawdown Indicators

	SWHGX	SWISX	Difference
Max Drawdown Largest peak-to-trough decline	-49.19%	-60.65%	+11.46%
Max Drawdown (1Y) Largest decline over 1 year	-7.38%	-11.39%	+4.01%
Max Drawdown (3Y) Largest decline over 3 years	-13.15%	-13.68%	+0.53%
Max Drawdown (5Y) Largest decline over 5 years	-25.63%	-29.42%	+3.79%
Max Drawdown (10Y) Largest decline over 10 years	-29.77%	-33.83%	+4.06%
Current Drawdown Current decline from peak	0.00%	-0.22%	+0.22%
Average Drawdown Average peak-to-trough decline	-7.14%	-14.73%	+7.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	3.00%	-1.27%

Volatility

SWHGX vs. SWISX - Volatility Comparison

The current volatility for Schwab MarketTrack Growth Portfolio™ (SWHGX) is 2.89%, while Schwab International Index Fund (SWISX) has a volatility of 4.45%. This indicates that SWHGX experiences smaller price fluctuations and is considered to be less risky than SWISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWHGX	SWISX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	4.45%	-1.56%
Volatility (6M) Calculated over the trailing 6-month period	8.43%	13.53%	-5.10%
Volatility (1Y) Calculated over the trailing 1-year period	10.40%	15.88%	-5.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.61%	16.43%	-2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.21%	16.63%	-2.42%

SWHGX vs. SWISX - Expense Ratio Comparison

SWHGX has a 0.39% expense ratio, which is higher than SWISX's 0.06% expense ratio.

Dividends

SWHGX vs. SWISX - Dividend Comparison

SWHGX's dividend yield for the trailing twelve months is around 8.68%, more than SWISX's 3.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWHGX Schwab MarketTrack Growth Portfolio™	8.68%	9.59%	11.68%	4.00%	4.53%	5.04%	8.15%	5.76%	5.76%	4.87%	3.73%	14.80%
SWISX Schwab International Index Fund	3.16%	3.55%	3.29%	3.31%	2.73%	3.34%	1.88%	3.09%	3.15%	2.71%	3.19%	2.71%

Frequently Asked Questions

Can I hold both SWHGX and SWISX in my portfolio?

With a correlation of 0.90, SWHGX and SWISX 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.

Which is riskier, SWHGX or SWISX?

SWISX has higher volatility (4.45%) compared to SWHGX (2.89%). In terms of maximum drawdown, SWHGX dropped -49.19% vs SWISX's -60.65%.

Which has better risk-adjusted returns?

SWHGX currently has the higher Sharpe Ratio (2.00 vs 1.64), 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.