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 a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
SWMIX vs. SWPPX - Performance Comparison
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SWMIX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWMIX Schwab International Opportunities Fund | 0.50% | 21.83% | 0.91% | 12.52% | -25.35% | 5.78% | 23.94% | 26.07% | -19.12% | 33.64% |
SWPPX Schwab S&P 500 Index Fund | -4.39% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, SWMIX achieves a 0.50% return, which is significantly higher than SWPPX's -4.39% return. Over the past 10 years, SWMIX has underperformed SWPPX with an annualized return of 6.62%, while SWPPX has yielded a comparatively higher 14.04% annualized return.
SWMIX
- 1D
- 3.42%
- 1M
- -8.69%
- YTD
- 0.50%
- 6M
- -3.24%
- 1Y
- 16.37%
- 3Y*
- 8.42%
- 5Y*
- 1.18%
- 10Y*
- 6.62%
SWPPX
- 1D
- 2.88%
- 1M
- -5.04%
- YTD
- -4.39%
- 6M
- -2.17%
- 1Y
- 17.28%
- 3Y*
- 18.27%
- 5Y*
- 11.76%
- 10Y*
- 14.04%
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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.
Return for Risk
SWMIX vs. SWPPX — Risk / Return Rank
SWMIX
SWPPX
SWMIX vs. SWPPX - Risk-Adjusted Trends 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.
| SWMIX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.97 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.20 | 1.49 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.52 | -0.42 |
Martin ratioReturn relative to average drawdown | 3.99 | 7.29 | -3.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWMIX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.97 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.70 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.77 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.48 | -0.13 |
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.
Dividends
SWMIX vs. SWPPX - Dividend Comparison
SWMIX has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMIX Schwab International Opportunities Fund | 0.00% | 0.00% | 2.04% | 1.73% | 3.59% | 17.50% | 6.16% | 1.94% | 10.57% | 4.60% | 0.87% | 7.20% |
SWPPX Schwab S&P 500 Index Fund | 1.16% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
SWMIX vs. SWPPX - Drawdown Comparison
The maximum SWMIX drawdown since its inception was -61.81%, 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.
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Drawdown Indicators
| SWMIX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.81% | -55.06% | -6.75% |
Max Drawdown (1Y)Largest decline over 1 year | -12.90% | -12.10% | -0.80% |
Max Drawdown (5Y)Largest decline over 5 years | -40.51% | -24.51% | -16.00% |
Max Drawdown (10Y)Largest decline over 10 years | -40.51% | -33.80% | -6.71% |
Current DrawdownCurrent decline from peak | -9.91% | -6.26% | -3.65% |
Average DrawdownAverage peak-to-trough decline | -12.74% | -10.00% | -2.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | 2.52% | +1.03% |
Volatility
SWMIX vs. SWPPX - Volatility Comparison
Schwab International Opportunities Fund (SWMIX) has a higher volatility of 8.53% compared to Schwab S&P 500 Index Fund (SWPPX) at 5.36%. 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.
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Volatility by Period
| SWMIX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.53% | 5.36% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 14.68% | 9.55% | +5.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.53% | 18.32% | +1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.00% | 16.94% | +1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 18.21% | -0.01% |