SWPPX vs. SFNNX
SWPPX (Schwab S&P 500 Index Fund) and SFNNX (Schwab Fundamental International Equity Index Fund) are both mutual funds - SWPPX is a Large Cap Blend Equities fund tracking the S&P 500 Index, while SFNNX is a Foreign Large Cap Equities fund tracking the RAFI Fundamental High Liquidity Developed ex US Large Index (Net). Both are passively managed. Over the past 10 years, SWPPX returned 15.13%/yr vs 11.77%/yr for SFNNX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. SWPPX charges 0.02%/yr vs 0.25%/yr for SFNNX.
Performance
SWPPX vs. SFNNX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWPPX achieves a 10.09% return, which is significantly lower than SFNNX's 19.94% return. Over the past 10 years, SWPPX has outperformed SFNNX with an annualized return of 15.13%, while SFNNX has yielded a comparatively lower 11.77% annualized return.
SWPPX
- 1D
- 0.68%
- 1M
- 0.16%
- 6M
- 7.94%
- YTD
- 10.09%
- 1Y
- 21.46%
- 3Y*
- 19.39%
- 5Y*
- 12.82%
- 10Y*
- 15.13%
- ALL TIME*
- 9.77%
SFNNX
- 1D
- -0.48%
- 1M
- 2.97%
- 6M
- 11.74%
- YTD
- 19.94%
- 1Y
- 40.34%
- 3Y*
- 21.68%
- 5Y*
- 14.12%
- 10Y*
- 11.77%
- ALL TIME*
- 5.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SWPPX vs. SFNNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWPPX Schwab S&P 500 Index Fund | 10.09% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
SFNNX Schwab Fundamental International Equity Index Fund | 19.94% | 41.06% | 2.27% | 19.88% | -7.95% | 14.38% | 4.35% | 18.09% | -13.96% | 23.95% |
Correlation
The correlation between SWPPX and SFNNX is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.79 |
The correlation between SWPPX and SFNNX shifts across timeframes, from 0.67 (3 years) to 0.79 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWPPX vs. SFNNX — Risk / Return Rank
SWPPX
SFNNX
SWPPX vs. SFNNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) and Schwab Fundamental International Equity Index Fund (SFNNX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWPPX | SFNNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.47 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 3.80 | -1.60 |
| Martin ratioReturn relative to average drawdown | 9.45 | 13.08 | -3.63 |
Loading charts...
Drawdowns
SWPPX vs. SFNNX - Drawdown Comparison
The maximum SWPPX drawdown since its inception was -55.06%, smaller than the maximum SFNNX drawdown of -59.60%. Use the drawdown chart below to compare losses from any high point for SWPPX and SFNNX.
Loading charts...
Drawdown Indicators
| SWPPX | SFNNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -59.60% | +4.54% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -10.63% | +1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -18.74% | -13.78% | -4.96% |
Max Drawdown (5Y)Largest decline over 5 years | -24.51% | -25.66% | +1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -33.80% | -40.23% | +6.43% |
Current DrawdownCurrent decline from peak | -1.43% | -1.30% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -11.89% | +1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 3.08% | -1.01% |
Volatility
SWPPX vs. SFNNX - Volatility Comparison
The current volatility for Schwab S&P 500 Index Fund (SWPPX) is 3.56%, while Schwab Fundamental International Equity Index Fund (SFNNX) has a volatility of 4.81%. This indicates that SWPPX experiences smaller price fluctuations and is considered to be less risky than SFNNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SWPPX | SFNNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.56% | 4.81% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 10.14% | 13.58% | -3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.90% | 15.65% | -2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.04% | 15.76% | +1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 17.07% | +1.16% |
SWPPX vs. SFNNX - Expense Ratio Comparison
SWPPX has a 0.02% expense ratio, which is lower than SFNNX's 0.25% 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%.
Dividends
SWPPX vs. SFNNX - Dividend Comparison
SWPPX's dividend yield for the trailing twelve months is around 1.01%, less than SFNNX's 4.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SFNNX Schwab Fundamental International Equity Index Fund | 4.26% | 5.11% | 3.61% | 3.26% | 2.92% | 3.81% | 2.42% | 3.69% | 3.51% | 2.70% | 3.21% | 2.92% |
SWPPX Schwab S&P 500 Index Fund | 1.01% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Frequently Asked Questions
SWPPX and SFNNX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SFNNX has higher volatility (4.81%) compared to SWPPX (3.56%). In terms of maximum drawdown, SWPPX dropped -55.06% vs SFNNX's -59.60%.
SFNNX currently has the higher Sharpe Ratio (2.59 vs 1.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SWPPX and SFNNX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer