SWISX vs. SFLNX

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab International Index Fund (SWISX) and Schwab Fundamental US Large Company Index Fund (SFLNX).

SWISX is a passively managed fund by Charles Schwab that tracks the performance of the MSCI EAFE Index. It was launched on May 19, 1997. SFLNX is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI US Large Company Index. It was launched on Apr 2, 2007. Both SWISX and SFLNX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SWISX vs. SFLNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Index Fund (SWISX) and Schwab Fundamental US Large Company Index Fund (SFLNX). The values are adjusted to include any dividend payments, if applicable.

SWISX vs. SFLNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWISX Schwab International Index Fund	-1.95%	31.59%	3.54%	18.13%	-14.30%	11.25%	8.14%	21.87%	-13.38%	25.32%
SFLNX Schwab Fundamental US Large Company Index Fund	0.72%	17.02%	16.78%	18.16%	-6.89%	31.64%	9.12%	28.91%	-7.43%	17.08%

Returns By Period

In the year-to-date period, SWISX achieves a -1.95% return, which is significantly lower than SFLNX's 0.72% return. Over the past 10 years, SWISX has underperformed SFLNX with an annualized return of 8.51%, while SFLNX has yielded a comparatively higher 13.03% annualized return.

SWISX

• 1D: 0.32%
• 1M: -10.91%
• YTD: -1.95%
• 6M: 2.32%
• 1Y: 19.51%
• 3Y*: 13.26%
• 5Y*: 7.79%
• 10Y*: 8.51%

SFLNX

• 1D: -0.25%
• 1M: -5.58%
• YTD: 0.72%
• 6M: 4.57%
• 1Y: 17.69%
• 3Y*: 16.33%
• 5Y*: 11.76%
• 10Y*: 13.03%

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

SWISX vs. SFLNX - Expense Ratio Comparison

SWISX has a 0.06% expense ratio, which is lower than SFLNX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SFLNX

Schwab Fundamental US Large Company Index Fund

SWISX

Schwab International Index Fund

Return for Risk

SWISX vs. SFLNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWISX

SWISX Risk / Return Rank: 62
SWISX Sharpe Ratio Rank: 62
SWISX Sortino Ratio Rank: 60
SWISX Omega Ratio Rank: 57
SWISX Calmar Ratio Rank: 67
SWISX Martin Ratio Rank: 62

SFLNX

SFLNX Risk / Return Rank: 67
SFLNX Sharpe Ratio Rank: 68
SFLNX Sortino Ratio Rank: 69
SFLNX Omega Ratio Rank: 71
SFLNX Calmar Ratio Rank: 60
SFLNX Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWISX vs. SFLNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Index Fund (SWISX) and Schwab Fundamental US Large Company Index Fund (SFLNX). 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.

	SWISX	SFLNX	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.17	-0.08
Sortino ratio Return per unit of downside risk	1.52	1.69	-0.17
Omega ratio Gain probability vs. loss probability	1.22	1.26	-0.04
Calmar ratio Return relative to maximum drawdown	1.51	1.37	+0.14
Martin ratio Return relative to average drawdown	5.81	6.61	-0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWISX vs. SFLNX - Sharpe Ratio Comparison

The current SWISX Sharpe Ratio is 1.08, which is comparable to the SFLNX Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of SWISX and SFLNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SWISX	SFLNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.17	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.77	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.71	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.50	-0.22

Correlation

The correlation between SWISX and SFLNX is 0.80, 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.

Dividends

SWISX vs. SFLNX - Dividend Comparison

SWISX's dividend yield for the trailing twelve months is around 3.62%, more than SFLNX's 1.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWISX Schwab International Index Fund	3.62%	3.55%	3.29%	3.31%	2.73%	3.34%	1.88%	3.09%	3.15%	2.71%	3.19%	2.71%
SFLNX Schwab Fundamental US Large Company Index Fund	1.66%	1.68%	1.78%	1.86%	2.09%	4.78%	6.17%	5.33%	9.69%	3.28%	7.23%	5.68%

Drawdowns

SWISX vs. SFLNX - Drawdown Comparison

The maximum SWISX drawdown since its inception was -60.65%, which is greater than SFLNX's maximum drawdown of -56.18%. Use the drawdown chart below to compare losses from any high point for SWISX and SFLNX.

Drawdown Indicators

	SWISX	SFLNX	Difference
Max Drawdown Largest peak-to-trough decline	-60.65%	-56.18%	-4.47%
Max Drawdown (1Y) Largest decline over 1 year	-11.39%	-12.28%	+0.89%
Max Drawdown (5Y) Largest decline over 5 years	-29.42%	-18.98%	-10.44%
Max Drawdown (10Y) Largest decline over 10 years	-33.83%	-37.59%	+3.76%
Current Drawdown Current decline from peak	-10.91%	-6.10%	-4.81%
Average Drawdown Average peak-to-trough decline	-14.88%	-6.06%	-8.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	2.55%	+0.42%

Volatility

SWISX vs. SFLNX - Volatility Comparison

Schwab International Index Fund (SWISX) has a higher volatility of 7.16% compared to Schwab Fundamental US Large Company Index Fund (SFLNX) at 3.33%. This indicates that SWISX's price experiences larger fluctuations and is considered to be riskier than SFLNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWISX	SFLNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.16%	3.33%	+3.83%
Volatility (6M) Calculated over the trailing 6-month period	10.88%	7.95%	+2.93%
Volatility (1Y) Calculated over the trailing 1-year period	17.01%	16.16%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.06%	15.32%	+0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.79%	18.40%	-1.61%