SWLRX vs. SPY
Compare and contrast key facts about Schwab Monthly Income Fund - Maximum Payout (SWLRX) and SPDR S&P 500 ETF (SPY).
SWLRX is managed by Charles Schwab. It was launched on Mar 27, 2008. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLRX or SPY.
Correlation
The correlation between SWLRX and SPY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SWLRX vs. SPY - Performance Comparison
Key characteristics
SWLRX:
1.44
SPY:
1.97
SWLRX:
2.06
SPY:
2.64
SWLRX:
1.26
SPY:
1.36
SWLRX:
0.69
SPY:
2.97
SWLRX:
4.40
SPY:
12.34
SWLRX:
1.72%
SPY:
2.03%
SWLRX:
5.25%
SPY:
12.68%
SWLRX:
-18.73%
SPY:
-55.19%
SWLRX:
-3.51%
SPY:
-0.01%
Returns By Period
In the year-to-date period, SWLRX achieves a 1.70% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, SWLRX has underperformed SPY with an annualized return of 1.69%, while SPY has yielded a comparatively higher 13.22% annualized return.
SWLRX
1.70%
1.59%
0.88%
6.62%
0.82%
1.69%
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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SWLRX vs. SPY - Expense Ratio Comparison
SWLRX has a 0.00% expense ratio, which is lower than SPY's 0.09% 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%.
Risk-Adjusted Performance
SWLRX vs. SPY — Risk-Adjusted Performance Rank
SWLRX
SPY
SWLRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Maximum Payout (SWLRX) and SPDR S&P 500 ETF (SPY). 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
SWLRX vs. SPY - Dividend Comparison
SWLRX's dividend yield for the trailing twelve months is around 4.89%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWLRX Schwab Monthly Income Fund - Maximum Payout | 4.89% | 4.97% | 4.11% | 2.46% | 2.46% | 2.06% | 2.70% | 2.52% | 2.47% | 2.23% | 2.29% | 2.38% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SWLRX vs. SPY - Drawdown Comparison
The maximum SWLRX drawdown since its inception was -18.73%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWLRX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWLRX vs. SPY - Volatility Comparison
The current volatility for Schwab Monthly Income Fund - Maximum Payout (SWLRX) is 1.54%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that SWLRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.