SWLGX vs. SWPPX
Compare and contrast key facts about Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Schwab S&P 500 Index Fund (SWPPX).
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. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLGX or SWPPX.
Performance
SWLGX vs. SWPPX - Performance Comparison
Returns By Period
In the year-to-date period, SWLGX achieves a 30.58% return, which is significantly higher than SWPPX's 26.21% return.
SWLGX
30.58%
2.38%
15.08%
36.14%
19.56%
N/A
SWPPX
26.21%
1.78%
13.65%
32.35%
15.69%
13.15%
Key characteristics
| SWLGX | SWPPX | |
|---|---|---|
| Sharpe Ratio | 2.20 | 2.67 |
| Sortino Ratio | 2.86 | 3.56 |
| Omega Ratio | 1.40 | 1.50 |
| Calmar Ratio | 2.80 | 3.89 |
| Martin Ratio | 10.99 | 17.43 |
| Ulcer Index | 3.35% | 1.89% |
| Daily Std Dev | 16.74% | 12.31% |
| Max Drawdown | -32.69% | -55.06% |
| Current Drawdown | -1.24% | -0.82% |
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SWLGX vs. SWPPX - Expense Ratio Comparison
SWLGX has a 0.04% expense ratio, which is higher than SWPPX's 0.02% expense ratio. However, 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 SWPPX is 0.94, 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. SWPPX - 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 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.
Dividends
SWLGX vs. SWPPX - Dividend Comparison
SWLGX's dividend yield for the trailing twelve months is around 0.51%, less than SWPPX's 1.13% 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% |
SWPPX Schwab S&P 500 Index Fund | 1.13% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
SWLGX vs. SWPPX - Drawdown Comparison
The maximum SWLGX drawdown since its inception was -32.69%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWLGX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
SWLGX vs. SWPPX - Volatility Comparison
Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a higher volatility of 5.31% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.96%. This indicates that SWLGX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.