SWLVX vs. MALVX
SWLVX (Schwab U.S. Large-Cap Value Index Fund) and MALVX (BlackRock Advantage Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 5 years, SWLVX returned 11.69%/yr vs 12.93%/yr for MALVX. Their 0.98 correlation means they have historically moved very closely together. SWLVX charges 0.04%/yr vs 0.54%/yr for MALVX.
Performance
SWLVX vs. MALVX - Performance Comparison
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Returns By Period
In the year-to-date period, SWLVX achieves a 20.05% return, which is significantly lower than MALVX's 22.59% return.
SWLVX
- 1D
- 0.46%
- 1M
- 1.46%
- 6M
- 14.82%
- YTD
- 20.05%
- 1Y
- 32.19%
- 3Y*
- 17.67%
- 5Y*
- 11.69%
- 10Y*
- —
- ALL TIME*
- 10.94%
MALVX
- 1D
- 0.97%
- 1M
- 1.94%
- 6M
- 17.40%
- YTD
- 22.59%
- 1Y
- 38.80%
- 3Y*
- 20.54%
- 5Y*
- 12.93%
- 10Y*
- 12.99%
- ALL TIME*
- 9.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SWLVX vs. MALVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWLVX Schwab U.S. Large-Cap Value Index Fund | 20.05% | 15.87% | 14.36% | 11.45% | -7.61% | 25.15% | 2.64% | 26.49% | -8.39% | 0.30% |
MALVX BlackRock Advantage Large Cap Value Fund | 22.59% | 18.38% | 15.39% | 13.74% | -8.68% | 26.51% | 3.91% | 24.74% | -7.74% | -0.10% |
Correlation
The correlation between SWLVX and MALVX is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (3Y) Balances recent behavior with more history. | 0.97 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2017 | 0.98 |
The correlation between SWLVX and MALVX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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Return for Risk
SWLVX vs. MALVX — Risk / Return Rank
SWLVX
MALVX
SWLVX vs. MALVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Value Index Fund (SWLVX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWLVX | MALVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.58 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 5.55 | -1.22 |
| Martin ratioReturn relative to average drawdown | 18.59 | 25.78 | -7.19 |
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Drawdowns
SWLVX vs. MALVX - Drawdown Comparison
The maximum SWLVX drawdown since its inception was -38.34%, smaller than the maximum MALVX drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for SWLVX and MALVX.
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Drawdown Indicators
| SWLVX | MALVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.34% | -55.21% | +16.87% |
Max Drawdown (1Y)Largest decline over 1 year | -6.82% | -6.53% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -15.61% | -16.13% | +0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -19.05% | -19.73% | +0.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.12% | — |
Current DrawdownCurrent decline from peak | -0.56% | -0.19% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -8.70% | +3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 1.41% | +0.19% |
Volatility
SWLVX vs. MALVX - Volatility Comparison
Schwab U.S. Large-Cap Value Index Fund (SWLVX) has a higher volatility of 2.94% compared to BlackRock Advantage Large Cap Value Fund (MALVX) at 2.77%. This indicates that SWLVX's price experiences larger fluctuations and is considered to be riskier than MALVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWLVX | MALVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 2.77% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 8.77% | 8.90% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 11.35% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.86% | 14.78% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.46% | 17.25% | +1.21% |
SWLVX vs. MALVX - Expense Ratio Comparison
SWLVX has a 0.04% expense ratio, which is lower than MALVX's 0.54% expense ratio.
Dividends
SWLVX vs. MALVX - Dividend Comparison
SWLVX's dividend yield for the trailing twelve months is around 1.68%, less than MALVX's 10.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MALVX BlackRock Advantage Large Cap Value Fund | 10.57% | 9.23% | 14.33% | 2.84% | 5.96% | 17.48% | 1.68% | 3.92% | 12.95% | 0.43% | 1.38% | 1.01% |
SWLVX Schwab U.S. Large-Cap Value Index Fund | 1.68% | 2.02% | 2.75% | 2.56% | 2.29% | 4.86% | 2.00% | 4.35% | 1.87% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, SWLVX and MALVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SWLVX has higher volatility (2.94%) compared to MALVX (2.77%). In terms of maximum drawdown, SWLVX dropped -38.34% vs MALVX's -55.21%.
MALVX currently has the higher Sharpe Ratio (3.20 vs 2.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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