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SWMCX vs. SNXFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SWMCX vs. SNXFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Mid-Cap Index Fund (SWMCX) and Schwab 1000 Index Fund (SNXFX). The values are adjusted to include any dividend payments, if applicable.

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SWMCX vs. SNXFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SWMCX
Schwab U.S. Mid-Cap Index Fund
-1.32%10.54%15.28%17.20%-17.31%22.55%17.03%30.46%-9.16%0.40%
SNXFX
Schwab 1000 Index Fund
-6.94%17.23%24.46%26.53%-19.46%26.10%20.71%31.43%-5.04%-0.16%

Returns By Period

In the year-to-date period, SWMCX achieves a -1.32% return, which is significantly higher than SNXFX's -6.94% return.


SWMCX

1D
-0.70%
1M
-7.73%
YTD
-1.32%
6M
-1.19%
1Y
12.94%
3Y*
12.30%
5Y*
6.67%
10Y*

SNXFX

1D
-0.44%
1M
-7.77%
YTD
-6.94%
6M
-4.75%
1Y
14.35%
3Y*
16.93%
5Y*
10.55%
10Y*
13.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SWMCX vs. SNXFX - Expense Ratio Comparison

SWMCX has a 0.04% expense ratio, which is lower than SNXFX's 0.05% 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%.


Return for Risk

SWMCX vs. SNXFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWMCX
SWMCX Risk / Return Rank: 3434
Overall Rank
SWMCX Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
SWMCX Sortino Ratio Rank: 3333
Sortino Ratio Rank
SWMCX Omega Ratio Rank: 3333
Omega Ratio Rank
SWMCX Calmar Ratio Rank: 3131
Calmar Ratio Rank
SWMCX Martin Ratio Rank: 3939
Martin Ratio Rank

SNXFX
SNXFX Risk / Return Rank: 4444
Overall Rank
SNXFX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
SNXFX Sortino Ratio Rank: 4343
Sortino Ratio Rank
SNXFX Omega Ratio Rank: 4747
Omega Ratio Rank
SNXFX Calmar Ratio Rank: 3939
Calmar Ratio Rank
SNXFX Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWMCX vs. SNXFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Mid-Cap Index Fund (SWMCX) and Schwab 1000 Index Fund (SNXFX). 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.


SWMCXSNXFXDifference

Sharpe ratio

Return per unit of total volatility

0.72

0.82

-0.10

Sortino ratio

Return per unit of downside risk

1.12

1.27

-0.15

Omega ratio

Gain probability vs. loss probability

1.16

1.19

-0.03

Calmar ratio

Return relative to maximum drawdown

0.86

1.02

-0.16

Martin ratio

Return relative to average drawdown

4.04

4.97

-0.93

SWMCX vs. SNXFX - Sharpe Ratio Comparison

The current SWMCX Sharpe Ratio is 0.72, which is comparable to the SNXFX Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of SWMCX and SNXFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SWMCXSNXFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.72

0.82

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

0.61

-0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.55

-0.11

Correlation

The correlation between SWMCX and SNXFX is 0.92, 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.


Dividends

SWMCX vs. SNXFX - Dividend Comparison

SWMCX's dividend yield for the trailing twelve months is around 2.15%, more than SNXFX's 1.56% yield.


TTM20252024202320222021202020192018201720162015
SWMCX
Schwab U.S. Mid-Cap Index Fund
2.15%2.13%2.60%1.49%1.59%2.93%1.45%2.44%1.41%0.00%0.00%0.00%
SNXFX
Schwab 1000 Index Fund
1.56%1.45%1.23%1.41%1.61%1.74%2.76%3.01%6.49%4.23%3.41%6.31%

Drawdowns

SWMCX vs. SNXFX - Drawdown Comparison

The maximum SWMCX drawdown since its inception was -40.34%, smaller than the maximum SNXFX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for SWMCX and SNXFX.


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Drawdown Indicators


SWMCXSNXFXDifference

Max Drawdown

Largest peak-to-trough decline

-40.34%

-55.08%

+14.74%

Max Drawdown (1Y)

Largest decline over 1 year

-13.43%

-12.33%

-1.10%

Max Drawdown (5Y)

Largest decline over 5 years

-26.09%

-25.36%

-0.73%

Max Drawdown (10Y)

Largest decline over 10 years

-34.58%

Current Drawdown

Current decline from peak

-8.15%

-8.94%

+0.79%

Average Drawdown

Average peak-to-trough decline

-6.75%

-8.80%

+2.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

2.54%

+0.33%

Volatility

SWMCX vs. SNXFX - Volatility Comparison

Schwab U.S. Mid-Cap Index Fund (SWMCX) has a higher volatility of 4.80% compared to Schwab 1000 Index Fund (SNXFX) at 4.35%. This indicates that SWMCX's price experiences larger fluctuations and is considered to be riskier than SNXFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SWMCXSNXFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.80%

4.35%

+0.45%

Volatility (6M)

Calculated over the trailing 6-month period

10.19%

9.32%

+0.87%

Volatility (1Y)

Calculated over the trailing 1-year period

18.96%

18.40%

+0.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.23%

17.28%

+0.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.76%

18.69%

+2.07%