SWMIX vs. SPY
Compare and contrast key facts about Schwab International Opportunities Fund (SWMIX) and SPDR S&P 500 ETF (SPY).
SWMIX is managed by Charles Schwab. It was launched on Apr 1, 2004. 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: SWMIX or SPY.
Correlation
The correlation between SWMIX and SPY is 0.80, 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
SWMIX vs. SPY - Performance Comparison
Key characteristics
SWMIX:
0.72
SPY:
1.88
SWMIX:
1.08
SPY:
2.53
SWMIX:
1.13
SPY:
1.35
SWMIX:
0.27
SPY:
2.83
SWMIX:
2.32
SPY:
11.74
SWMIX:
4.12%
SPY:
2.02%
SWMIX:
13.29%
SPY:
12.64%
SWMIX:
-65.11%
SPY:
-55.19%
SWMIX:
-28.22%
SPY:
-0.42%
Returns By Period
In the year-to-date period, SWMIX achieves a 8.61% return, which is significantly higher than SPY's 4.15% return. Over the past 10 years, SWMIX has underperformed SPY with an annualized return of 0.41%, while SPY has yielded a comparatively higher 13.18% annualized return.
SWMIX
8.61%
5.20%
3.29%
9.44%
-0.98%
0.41%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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SWMIX vs. SPY - Expense Ratio Comparison
SWMIX has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SWMIX vs. SPY — Risk-Adjusted Performance Rank
SWMIX
SPY
SWMIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Opportunities Fund (SWMIX) 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
SWMIX vs. SPY - Dividend Comparison
SWMIX's dividend yield for the trailing twelve months is around 1.88%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMIX Schwab International Opportunities Fund | 1.88% | 2.05% | 1.72% | 1.09% | 1.12% | 0.00% | 1.78% | 1.50% | 1.35% | 0.87% | 1.47% | 1.60% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SWMIX vs. SPY - Drawdown Comparison
The maximum SWMIX drawdown since its inception was -65.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWMIX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWMIX vs. SPY - Volatility Comparison
Schwab International Opportunities Fund (SWMIX) has a higher volatility of 3.54% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that SWMIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.