SWMCX vs. PEXMX
Compare and contrast key facts about Schwab U.S. Mid-Cap Index Fund (SWMCX) and T. Rowe Price Extended Equity Market Index Fund (PEXMX).
SWMCX is managed by Charles Schwab. It was launched on Dec 20, 2017. PEXMX is managed by T. Rowe Price. It was launched on Jan 30, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWMCX or PEXMX.
Correlation
The correlation between SWMCX and PEXMX is 0.95, 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
SWMCX vs. PEXMX - Performance Comparison
Key characteristics
SWMCX:
0.10
PEXMX:
-0.24
SWMCX:
0.27
PEXMX:
-0.18
SWMCX:
1.04
PEXMX:
0.98
SWMCX:
0.09
PEXMX:
-0.15
SWMCX:
0.32
PEXMX:
-0.60
SWMCX:
5.81%
PEXMX:
9.86%
SWMCX:
19.07%
PEXMX:
24.38%
SWMCX:
-40.34%
PEXMX:
-59.79%
SWMCX:
-16.16%
PEXMX:
-35.73%
Returns By Period
In the year-to-date period, SWMCX achieves a -8.70% return, which is significantly higher than PEXMX's -14.49% return.
SWMCX
-8.70%
-6.66%
-11.13%
2.54%
11.86%
N/A
PEXMX
-14.49%
-9.02%
-18.54%
-4.85%
4.91%
1.53%
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SWMCX vs. PEXMX - Expense Ratio Comparison
SWMCX has a 0.04% expense ratio, which is lower than PEXMX's 0.23% 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
SWMCX vs. PEXMX — Risk-Adjusted Performance Rank
SWMCX
PEXMX
SWMCX vs. PEXMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Mid-Cap Index Fund (SWMCX) and T. Rowe Price Extended Equity Market Index Fund (PEXMX). 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
SWMCX vs. PEXMX - Dividend Comparison
SWMCX's dividend yield for the trailing twelve months is around 1.56%, less than PEXMX's 8.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMCX Schwab U.S. Mid-Cap Index Fund | 1.56% | 1.42% | 1.49% | 1.50% | 1.00% | 1.45% | 1.40% | 1.17% | 0.00% | 0.00% | 0.00% | 0.00% |
PEXMX T. Rowe Price Extended Equity Market Index Fund | 8.94% | 7.64% | 3.64% | 7.53% | 14.87% | 2.99% | 4.62% | 6.67% | 5.64% | 5.90% | 4.81% | 4.88% |
Drawdowns
SWMCX vs. PEXMX - Drawdown Comparison
The maximum SWMCX drawdown since its inception was -40.34%, smaller than the maximum PEXMX drawdown of -59.79%. Use the drawdown chart below to compare losses from any high point for SWMCX and PEXMX. For additional features, visit the drawdowns tool.
Volatility
SWMCX vs. PEXMX - Volatility Comparison
The current volatility for Schwab U.S. Mid-Cap Index Fund (SWMCX) is 13.34%, while T. Rowe Price Extended Equity Market Index Fund (PEXMX) has a volatility of 15.31%. This indicates that SWMCX experiences smaller price fluctuations and is considered to be less risky than PEXMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.