SWPPX vs. PAGRX
Compare and contrast key facts about Schwab S&P 500 Index Fund (SWPPX) and Permanent Portfolio Aggressive Growth Portfolio (PAGRX).
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. PAGRX is managed by Permanent Portfolio. It was launched on Jan 2, 1990.
Performance
SWPPX vs. PAGRX - Performance Comparison
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SWPPX vs. PAGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PAGRX Permanent Portfolio Aggressive Growth Portfolio | -0.28% | 36.92% | 44.52% | 38.73% | -26.06% | 24.84% | 37.65% | 40.34% | -12.41% | 21.19% |
Returns By Period
In the year-to-date period, SWPPX achieves a -4.39% return, which is significantly lower than PAGRX's -0.28% return. Over the past 10 years, SWPPX has underperformed PAGRX with an annualized return of 14.04%, while PAGRX has yielded a comparatively higher 19.12% annualized return.
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%
PAGRX
- 1D
- 3.71%
- 1M
- -5.53%
- YTD
- -0.28%
- 6M
- 4.30%
- 1Y
- 43.96%
- 3Y*
- 35.66%
- 5Y*
- 17.52%
- 10Y*
- 19.12%
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SWPPX vs. PAGRX - Expense Ratio Comparison
SWPPX has a 0.02% expense ratio, which is lower than PAGRX's 1.21% expense ratio.
Return for Risk
SWPPX vs. PAGRX — Risk / Return Rank
SWPPX
PAGRX
SWPPX vs. PAGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) and Permanent Portfolio Aggressive Growth Portfolio (PAGRX). 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.
| SWPPX | PAGRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.74 | -0.77 |
Sortino ratioReturn per unit of downside risk | 1.49 | 2.49 | -1.00 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.37 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 3.21 | -1.69 |
Martin ratioReturn relative to average drawdown | 7.29 | 16.28 | -8.99 |
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
| SWPPX | PAGRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.74 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.72 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.78 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.53 | -0.04 |
Correlation
The correlation between SWPPX and PAGRX is 0.90, 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
SWPPX vs. PAGRX - Dividend Comparison
SWPPX's dividend yield for the trailing twelve months is around 1.16%, more than PAGRX's 0.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PAGRX Permanent Portfolio Aggressive Growth Portfolio | 0.03% | 0.03% | 5.62% | 2.72% | 7.79% | 6.82% | 15.08% | 17.51% | 12.33% | 8.70% | 16.94% | 6.31% |
Drawdowns
SWPPX vs. PAGRX - Drawdown Comparison
The maximum SWPPX drawdown since its inception was -55.06%, roughly equal to the maximum PAGRX drawdown of -55.87%. Use the drawdown chart below to compare losses from any high point for SWPPX and PAGRX.
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Drawdown Indicators
| SWPPX | PAGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -55.87% | +0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -12.10% | -13.80% | +1.70% |
Max Drawdown (5Y)Largest decline over 5 years | -24.51% | -36.52% | +12.01% |
Max Drawdown (10Y)Largest decline over 10 years | -33.80% | -38.01% | +4.21% |
Current DrawdownCurrent decline from peak | -6.26% | -5.77% | -0.49% |
Average DrawdownAverage peak-to-trough decline | -10.00% | -10.09% | +0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 2.73% | -0.21% |
Volatility
SWPPX vs. PAGRX - Volatility Comparison
The current volatility for Schwab S&P 500 Index Fund (SWPPX) is 5.36%, while Permanent Portfolio Aggressive Growth Portfolio (PAGRX) has a volatility of 6.77%. This indicates that SWPPX experiences smaller price fluctuations and is considered to be less risky than PAGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWPPX | PAGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.36% | 6.77% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.55% | 13.91% | -4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.32% | 25.69% | -7.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 24.53% | -7.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.21% | 24.49% | -6.28% |