SWPPX vs. SCHX
Compare and contrast key facts about Schwab S&P 500 Index Fund (SWPPX) and Schwab U.S. Large-Cap ETF (SCHX).
SWPPX is managed by Charles Schwab. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWPPX or SCHX.
Key characteristics
| SWPPX | SCHX | |
|---|---|---|
| YTD Return | 10.53% | 10.37% |
| 1Y Return | 28.76% | 29.24% |
| 3Y Return (Ann) | 9.61% | 8.83% |
| 5Y Return (Ann) | 14.66% | 14.43% |
| 10Y Return (Ann) | 12.86% | 12.78% |
| Sharpe Ratio | 2.50 | 2.52 |
| Daily Std Dev | 11.68% | 11.77% |
| Max Drawdown | -55.06% | -34.33% |
| Current Drawdown | -0.01% | -0.05% |
Correlation
The correlation between SWPPX and SCHX is 0.99, 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
SWPPX vs. SCHX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWPPX having a 10.53% return and SCHX slightly lower at 10.37%. Both investments have delivered pretty close results over the past 10 years, with SWPPX having a 12.86% annualized return and SCHX not far behind at 12.78%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWPPX vs. SCHX - Expense Ratio Comparison
SWPPX has a 0.02% expense ratio, which is lower than SCHX's 0.03% 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%.
Risk-Adjusted Performance
SWPPX vs. SCHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) and Schwab U.S. Large-Cap ETF (SCHX). 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
SWPPX vs. SCHX - Dividend Comparison
SWPPX's dividend yield for the trailing twelve months is around 1.30%, which matches SCHX's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWPPX Schwab S&P 500 Index Fund | 1.30% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
SCHX Schwab U.S. Large-Cap ETF | 1.29% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 2.39% | 2.04% | 1.76% | 1.65% |
Drawdowns
SWPPX vs. SCHX - Drawdown Comparison
The maximum SWPPX drawdown since its inception was -55.06%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for SWPPX and SCHX. For additional features, visit the drawdowns tool.
Volatility
SWPPX vs. SCHX - Volatility Comparison
Schwab S&P 500 Index Fund (SWPPX) and Schwab U.S. Large-Cap ETF (SCHX) have volatilities of 3.36% and 3.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.