SWJRX vs. SWPPX
Compare and contrast key facts about Schwab Monthly Income Fund - Moderate Payout (SWJRX) and Schwab S&P 500 Index Fund (SWPPX).
SWJRX is managed by Charles Schwab. It was launched on Mar 27, 2008. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
SWJRX vs. SWPPX - Performance Comparison
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SWJRX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWJRX Schwab Monthly Income Fund - Moderate Payout | 3.09% | 12.17% | 3.83% | 8.79% | -12.81% | 9.23% | 5.32% | 16.40% | -6.31% | 10.80% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, SWJRX achieves a 3.09% return, which is significantly higher than SWPPX's -7.07% return. Over the past 10 years, SWJRX has underperformed SWPPX with an annualized return of 5.07%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
SWJRX
- 1D
- 0.37%
- 1M
- -4.10%
- YTD
- 3.09%
- 6M
- 5.56%
- 1Y
- 11.26%
- 3Y*
- 8.50%
- 5Y*
- 4.04%
- 10Y*
- 5.07%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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SWJRX vs. SWPPX - Expense Ratio Comparison
SWJRX has a 0.00% expense ratio, which is lower than SWPPX's 0.02% 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%.
Return for Risk
SWJRX vs. SWPPX — Risk / Return Rank
SWJRX
SWPPX
SWJRX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Moderate Payout (SWJRX) 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.
| SWJRX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 0.84 | +0.74 |
Sortino ratioReturn per unit of downside risk | 2.17 | 1.30 | +0.88 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.20 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.06 | +0.78 |
Martin ratioReturn relative to average drawdown | 8.43 | 5.14 | +3.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWJRX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 0.84 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.68 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.76 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.48 | +0.10 |
Correlation
The correlation between SWJRX and SWPPX is 0.84, 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
SWJRX vs. SWPPX - Dividend Comparison
SWJRX's dividend yield for the trailing twelve months is around 4.31%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWJRX Schwab Monthly Income Fund - Moderate Payout | 4.31% | 4.78% | 4.94% | 4.80% | 8.67% | 3.62% | 2.49% | 5.36% | 3.47% | 2.93% | 6.05% | 6.80% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
SWJRX vs. SWPPX - Drawdown Comparison
The maximum SWJRX drawdown since its inception was -25.61%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWJRX and SWPPX.
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Drawdown Indicators
| SWJRX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.61% | -55.06% | +29.45% |
Max Drawdown (1Y)Largest decline over 1 year | -6.32% | -12.10% | +5.78% |
Max Drawdown (5Y)Largest decline over 5 years | -20.87% | -24.51% | +3.64% |
Max Drawdown (10Y)Largest decline over 10 years | -20.87% | -33.80% | +12.93% |
Current DrawdownCurrent decline from peak | -4.10% | -8.89% | +4.79% |
Average DrawdownAverage peak-to-trough decline | -3.91% | -10.00% | +6.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 2.49% | -1.11% |
Volatility
SWJRX vs. SWPPX - Volatility Comparison
The current volatility for Schwab Monthly Income Fund - Moderate Payout (SWJRX) is 2.33%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. This indicates that SWJRX 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.
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Volatility by Period
| SWJRX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 4.29% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 4.09% | 9.11% | -5.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.32% | 18.14% | -10.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.71% | 16.89% | -8.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.57% | 18.19% | -9.62% |