SWLVX vs. SPY
Compare and contrast key facts about Schwab U.S. Large-Cap Value Index Fund (SWLVX) and SPDR S&P 500 ETF (SPY).
SWLVX is managed by Charles Schwab. It was launched on Dec 20, 2017. 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: SWLVX or SPY.
Key characteristics
| SWLVX | SPY | |
|---|---|---|
| YTD Return | 19.82% | 26.77% |
| 1Y Return | 32.57% | 37.43% |
| 3Y Return (Ann) | 7.67% | 10.15% |
| 5Y Return (Ann) | 10.51% | 15.86% |
| Sharpe Ratio | 2.84 | 3.06 |
| Sortino Ratio | 3.98 | 4.08 |
| Omega Ratio | 1.53 | 1.58 |
| Calmar Ratio | 3.90 | 4.44 |
| Martin Ratio | 18.66 | 20.11 |
| Ulcer Index | 1.74% | 1.85% |
| Daily Std Dev | 11.44% | 12.18% |
| Max Drawdown | -38.34% | -55.19% |
| Current Drawdown | -0.73% | -0.31% |
Correlation
The correlation between SWLVX and SPY is 0.88, 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.
Performance
SWLVX vs. SPY - Performance Comparison
In the year-to-date period, SWLVX achieves a 19.82% return, which is significantly lower than SPY's 26.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWLVX vs. SPY - Expense Ratio Comparison
SWLVX has a 0.04% 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
SWLVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Value Index Fund (SWLVX) 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
SWLVX vs. SPY - Dividend Comparison
SWLVX's dividend yield for the trailing twelve months is around 1.91%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWLVX Schwab U.S. Large-Cap Value Index Fund | 1.91% | 2.29% | 2.16% | 1.73% | 2.00% | 2.42% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SWLVX vs. SPY - Drawdown Comparison
The maximum SWLVX drawdown since its inception was -38.34%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWLVX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWLVX vs. SPY - Volatility Comparison
Schwab U.S. Large-Cap Value Index Fund (SWLVX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.72% and 3.88%, 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.