SWLVX vs. XLK
Compare and contrast key facts about Schwab U.S. Large-Cap Value Index Fund (SWLVX) and Technology Select Sector SPDR Fund (XLK).
SWLVX is managed by Charles Schwab. It was launched on Dec 20, 2017. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLVX or XLK.
Key characteristics
| SWLVX | XLK | |
|---|---|---|
| YTD Return | 20.04% | 23.85% |
| 1Y Return | 34.13% | 36.57% |
| 3Y Return (Ann) | 7.72% | 13.33% |
| 5Y Return (Ann) | 10.47% | 23.65% |
| Sharpe Ratio | 2.88 | 1.65 |
| Sortino Ratio | 4.04 | 2.19 |
| Omega Ratio | 1.54 | 1.30 |
| Calmar Ratio | 3.58 | 2.12 |
| Martin Ratio | 19.00 | 7.32 |
| Ulcer Index | 1.74% | 4.91% |
| Daily Std Dev | 11.47% | 21.79% |
| Max Drawdown | -38.34% | -82.05% |
| Current Drawdown | 0.00% | -0.11% |
Correlation
The correlation between SWLVX and XLK is 0.67, 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
SWLVX vs. XLK - Performance Comparison
In the year-to-date period, SWLVX achieves a 20.04% return, which is significantly lower than XLK's 23.85% 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. XLK - Expense Ratio Comparison
SWLVX has a 0.04% expense ratio, which is lower than XLK's 0.13% 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. XLK - 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 Technology Select Sector SPDR Fund (XLK). 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. XLK - Dividend Comparison
SWLVX's dividend yield for the trailing twelve months is around 1.91%, more than XLK's 0.66% 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% |
XLK Technology Select Sector SPDR Fund | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
SWLVX vs. XLK - Drawdown Comparison
The maximum SWLVX drawdown since its inception was -38.34%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for SWLVX and XLK. For additional features, visit the drawdowns tool.
Volatility
SWLVX vs. XLK - Volatility Comparison
The current volatility for Schwab U.S. Large-Cap Value Index Fund (SWLVX) is 3.79%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.29%. This indicates that SWLVX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.