SWLGX vs. SPYG
Compare and contrast key facts about Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
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. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. Both SWLGX and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLGX or SPYG.
Performance
SWLGX vs. SPYG - Performance Comparison
Returns By Period
In the year-to-date period, SWLGX achieves a 30.58% return, which is significantly lower than SPYG's 33.26% return.
SWLGX
30.58%
2.38%
15.08%
36.14%
19.56%
N/A
SPYG
33.26%
1.72%
15.23%
37.95%
17.62%
14.92%
Key characteristics
| SWLGX | SPYG | |
|---|---|---|
| Sharpe Ratio | 2.20 | 2.25 |
| Sortino Ratio | 2.86 | 2.93 |
| Omega Ratio | 1.40 | 1.41 |
| Calmar Ratio | 2.80 | 2.88 |
| Martin Ratio | 10.99 | 11.92 |
| Ulcer Index | 3.35% | 3.21% |
| Daily Std Dev | 16.74% | 17.04% |
| Max Drawdown | -32.69% | -67.79% |
| Current Drawdown | -1.24% | -1.47% |
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SWLGX vs. SPYG - Expense Ratio Comparison
SWLGX has a 0.04% expense ratio, which is lower than SPYG's 0.04% 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%.
Correlation
The correlation between SWLGX and SPYG 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.
Risk-Adjusted Performance
SWLGX vs. SPYG - 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 SPDR Portfolio S&P 500 Growth ETF (SPYG). 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. SPYG - Dividend Comparison
SWLGX's dividend yield for the trailing twelve months is around 0.51%, less than SPYG's 0.65% 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% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
SWLGX vs. SPYG - Drawdown Comparison
The maximum SWLGX drawdown since its inception was -32.69%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for SWLGX and SPYG. For additional features, visit the drawdowns tool.
Volatility
SWLGX vs. SPYG - Volatility Comparison
Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and SPDR Portfolio S&P 500 Growth ETF (SPYG) have volatilities of 5.31% and 5.32%, 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.