SWLGX vs. SWTSX

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Schwab Total Stock Market Index Fund (SWTSX).

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. SWTSX is managed by Charles Schwab. It was launched on Jun 1, 1999.

Performance

SWLGX vs. SWTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Schwab Total Stock Market Index Fund (SWTSX). The values are adjusted to include any dividend payments, if applicable.

SWLGX vs. SWTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWLGX Schwab U.S. Large-Cap Growth Index Fund	-13.06%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%
SWTSX Schwab Total Stock Market Index Fund	-6.77%	17.04%	23.84%	26.05%	-19.54%	25.65%	20.71%	30.90%	-5.35%	-0.15%

Returns By Period

In the year-to-date period, SWLGX achieves a -13.06% return, which is significantly lower than SWTSX's -6.77% return.

SWLGX

• 1D: -0.46%
• 1M: -8.63%
• YTD: -13.06%
• 6M: -12.07%
• 1Y: 14.45%
• 3Y*: 19.67%
• 5Y*: 11.90%
• 10Y*: —

SWTSX

• 1D: -0.46%
• 1M: -7.67%
• YTD: -6.77%
• 6M: -4.59%
• 1Y: 14.70%
• 3Y*: 16.68%
• 5Y*: 10.10%
• 10Y*: 13.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWLGX vs. SWTSX - Expense Ratio Comparison

SWLGX has a 0.04% expense ratio, which is higher than SWTSX's 0.03% 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%.

SWLGX

Schwab U.S. Large-Cap Growth Index Fund

SWTSX

Schwab Total Stock Market Index Fund

Return for Risk

SWLGX vs. SWTSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWLGX

SWLGX Risk / Return Rank: 28
SWLGX Sharpe Ratio Rank: 29
SWLGX Sortino Ratio Rank: 33
SWLGX Omega Ratio Rank: 31
SWLGX Calmar Ratio Rank: 25
SWLGX Martin Ratio Rank: 23

SWTSX

SWTSX Risk / Return Rank: 45
SWTSX Sharpe Ratio Rank: 40
SWTSX Sortino Ratio Rank: 44
SWTSX Omega Ratio Rank: 48
SWTSX Calmar Ratio Rank: 41
SWTSX Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWLGX vs. SWTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth Index Fund (SWLGX) and Schwab Total Stock Market Index Fund (SWTSX). 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.

	SWLGX	SWTSX	Difference
Sharpe ratio Return per unit of total volatility	0.66	0.83	-0.17
Sortino ratio Return per unit of downside risk	1.10	1.28	-0.18
Omega ratio Gain probability vs. loss probability	1.15	1.19	-0.04
Calmar ratio Return relative to maximum drawdown	0.72	1.04	-0.32
Martin ratio Return relative to average drawdown	2.51	5.04	-2.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWLGX vs. SWTSX - Sharpe Ratio Comparison

The current SWLGX Sharpe Ratio is 0.66, which is comparable to the SWTSX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of SWLGX and SWTSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SWLGX	SWTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	0.83	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.58	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.40	+0.28

Correlation

The correlation between SWLGX and SWTSX 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.

Dividends

SWLGX vs. SWTSX - Dividend Comparison

SWLGX's dividend yield for the trailing twelve months is around 0.52%, less than SWTSX's 1.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.52%	0.46%	0.52%	0.67%	0.93%	1.76%	0.67%	0.96%	1.03%	0.00%	0.00%	0.00%
SWTSX Schwab Total Stock Market Index Fund	1.18%	1.10%	1.24%	1.41%	1.62%	1.46%	1.63%	1.92%	2.58%	1.83%	2.32%	2.79%

Drawdowns

SWLGX vs. SWTSX - Drawdown Comparison

The maximum SWLGX drawdown since its inception was -32.69%, smaller than the maximum SWTSX drawdown of -54.60%. Use the drawdown chart below to compare losses from any high point for SWLGX and SWTSX.

Drawdown Indicators

	SWLGX	SWTSX	Difference
Max Drawdown Largest peak-to-trough decline	-32.69%	-54.60%	+21.91%
Max Drawdown (1Y) Largest decline over 1 year	-16.16%	-12.42%	-3.74%
Max Drawdown (5Y) Largest decline over 5 years	-32.69%	-25.40%	-7.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.01%	—
Current Drawdown Current decline from peak	-16.16%	-8.88%	-7.28%
Average Drawdown Average peak-to-trough decline	-7.13%	-10.63%	+3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.62%	2.56%	+2.06%

Volatility

SWLGX vs. SWTSX - Volatility Comparison

Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a higher volatility of 5.38% compared to Schwab Total Stock Market Index Fund (SWTSX) at 4.45%. This indicates that SWLGX's price experiences larger fluctuations and is considered to be riskier than SWTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWLGX	SWTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	4.45%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	11.82%	9.42%	+2.40%
Volatility (1Y) Calculated over the trailing 1-year period	22.31%	18.52%	+3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.47%	17.41%	+4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.78%	18.57%	+4.21%