SWLGX vs. FNCMX
Compare and contrast key facts about Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
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. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLGX or FNCMX.
Key characteristics
| SWLGX | FNCMX | |
|---|---|---|
| YTD Return | 32.12% | 28.82% |
| 1Y Return | 39.78% | 37.36% |
| 3Y Return (Ann) | 10.45% | 7.71% |
| 5Y Return (Ann) | 19.80% | 17.87% |
| Sharpe Ratio | 2.55 | 2.32 |
| Sortino Ratio | 3.27 | 3.01 |
| Omega Ratio | 1.47 | 1.42 |
| Calmar Ratio | 3.24 | 3.09 |
| Martin Ratio | 12.74 | 11.65 |
| Ulcer Index | 3.34% | 3.49% |
| Daily Std Dev | 16.67% | 17.48% |
| Max Drawdown | -32.69% | -55.71% |
| Current Drawdown | -0.08% | -0.35% |
Correlation
The correlation between SWLGX and FNCMX is 0.98, 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
SWLGX vs. FNCMX - Performance Comparison
In the year-to-date period, SWLGX achieves a 32.12% return, which is significantly higher than FNCMX's 28.82% 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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SWLGX vs. FNCMX - Expense Ratio Comparison
SWLGX has a 0.04% expense ratio, which is lower than FNCMX's 0.29% expense ratio.
Risk-Adjusted Performance
SWLGX vs. FNCMX - 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 NASDAQ Composite Index Fund (FNCMX). 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
SWLGX vs. FNCMX - Dividend Comparison
SWLGX's dividend yield for the trailing twelve months is around 0.51%, less than FNCMX's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.51% | 0.67% | 0.93% | 0.57% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.52% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% | 0.72% |
Drawdowns
SWLGX vs. FNCMX - Drawdown Comparison
The maximum SWLGX drawdown since its inception was -32.69%, smaller than the maximum FNCMX drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for SWLGX and FNCMX. For additional features, visit the drawdowns tool.
Volatility
SWLGX vs. FNCMX - Volatility Comparison
Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Fidelity NASDAQ Composite Index Fund (FNCMX) have volatilities of 4.92% and 5.16%, 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.