SWMIX vs. SWPPX
Compare and contrast key facts about Schwab International Opportunities Fund (SWMIX) and Schwab S&P 500 Index Fund (SWPPX).
SWMIX is managed by Charles Schwab. It was launched on Apr 1, 2004. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWMIX or SWPPX.
Key characteristics
| SWMIX | SWPPX | |
|---|---|---|
| YTD Return | 4.96% | 23.21% |
| 1Y Return | 21.88% | 40.57% |
| 3Y Return (Ann) | -10.78% | 9.76% |
| 5Y Return (Ann) | -0.94% | 15.50% |
| 10Y Return (Ann) | 0.30% | 13.18% |
| Sharpe Ratio | 1.62 | 3.41 |
| Sortino Ratio | 2.32 | 4.49 |
| Omega Ratio | 1.29 | 1.64 |
| Calmar Ratio | 0.51 | 4.16 |
| Martin Ratio | 9.42 | 22.41 |
| Ulcer Index | 2.34% | 1.85% |
| Daily Std Dev | 13.60% | 12.18% |
| Max Drawdown | -65.11% | -55.06% |
| Current Drawdown | -31.26% | -0.86% |
Correlation
The correlation between SWMIX and SWPPX 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. SWPPX - Performance Comparison
In the year-to-date period, SWMIX achieves a 4.96% return, which is significantly lower than SWPPX's 23.21% return. Over the past 10 years, SWMIX has underperformed SWPPX with an annualized return of 0.30%, while SWPPX has yielded a comparatively higher 13.18% annualized 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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SWMIX vs. SWPPX - Expense Ratio Comparison
SWMIX has a 0.99% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
SWMIX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Opportunities Fund (SWMIX) and Schwab S&P 500 Index Fund (SWPPX). 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. SWPPX - Dividend Comparison
SWMIX's dividend yield for the trailing twelve months is around 1.64%, more than SWPPX's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMIX Schwab International Opportunities Fund | 1.64% | 1.72% | 1.09% | 1.12% | 0.00% | 1.78% | 1.50% | 1.35% | 0.87% | 1.47% | 1.60% | 1.50% |
SWPPX Schwab S&P 500 Index Fund | 1.16% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
SWMIX vs. SWPPX - Drawdown Comparison
The maximum SWMIX drawdown since its inception was -65.11%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWMIX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
SWMIX vs. SWPPX - Volatility Comparison
Schwab International Opportunities Fund (SWMIX) has a higher volatility of 2.78% compared to Schwab S&P 500 Index Fund (SWPPX) at 2.53%. This indicates that SWMIX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.