Correlation
The correlation between SWLGX and FDSVX is 0.93, 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.
SWLGX vs. FDSVX
Compare and contrast key facts about Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Fidelity Growth Discovery Fund (FDSVX).
SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017. FDSVX is managed by Fidelity. It was launched on Mar 31, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLGX or FDSVX.
Performance
SWLGX vs. FDSVX - Performance Comparison
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Key characteristics
SWLGX:
0.71
FDSVX:
0.48
SWLGX:
1.02
FDSVX:
0.70
SWLGX:
1.14
FDSVX:
1.10
SWLGX:
0.67
FDSVX:
0.39
SWLGX:
2.23
FDSVX:
1.32
SWLGX:
7.04%
FDSVX:
6.86%
SWLGX:
25.49%
FDSVX:
23.37%
SWLGX:
-33.28%
FDSVX:
-59.34%
SWLGX:
-4.29%
FDSVX:
-5.24%
Returns By Period
In the year-to-date period, SWLGX achieves a -0.25% return, which is significantly lower than FDSVX's 0.03% return.
SWLGX
-0.25%
8.84%
0.61%
17.86%
19.82%
17.38%
N/A
FDSVX
0.03%
8.65%
-1.56%
11.09%
17.72%
16.99%
15.72%
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SWLGX vs. FDSVX - Expense Ratio Comparison
SWLGX has a 0.04% expense ratio, which is lower than FDSVX's 0.77% expense ratio.
Risk-Adjusted Performance
SWLGX vs. FDSVX — Risk-Adjusted Performance Rank
SWLGX
FDSVX
SWLGX vs. FDSVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Fidelity Growth Discovery Fund (FDSVX). 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.
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Dividends
SWLGX vs. FDSVX - Dividend Comparison
SWLGX's dividend yield for the trailing twelve months is around 0.52%, less than FDSVX's 12.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.52% | 0.52% | 0.67% | 0.93% | 1.76% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% |
FDSVX Fidelity Growth Discovery Fund | 12.81% | 12.81% | 2.55% | 3.65% | 13.46% | 9.65% | 4.28% | 5.02% | 4.82% | 0.09% | 0.16% | 0.09% |
Drawdowns
SWLGX vs. FDSVX - Drawdown Comparison
The maximum SWLGX drawdown since its inception was -33.28%, smaller than the maximum FDSVX drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for SWLGX and FDSVX.
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Volatility
SWLGX vs. FDSVX - Volatility Comparison
Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Fidelity Growth Discovery Fund (FDSVX) have volatilities of 5.87% and 5.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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