SWPPX vs. SSEYX
SWPPX (Schwab S&P 500 Index Fund) and SSEYX (State Street Equity 500 Index II Portfolio) are both Large Cap Blend Equities funds. Over the past 10 years, SWPPX returned 15.36%/yr vs 15.30%/yr for SSEYX. Their 0.99 correlation means they have historically moved very closely together. Both charge a 0.02% expense ratio.
Performance
SWPPX vs. SSEYX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SWPPX having a 13.74% return and SSEYX slightly higher at 13.76%. Both investments have delivered pretty close results over the past 10 years, with SWPPX having a 15.36% annualized return and SSEYX not far behind at 15.30%.
SWPPX
- 1D
- 1.79%
- 1M
- 2.68%
- 6M
- 13.03%
- YTD
- 13.74%
- 1Y
- 24.25%
- 3Y*
- 21.57%
- 5Y*
- 13.38%
- 10Y*
- 15.36%
- ALL TIME*
- 9.89%
SSEYX
- 1D
- 1.79%
- 1M
- 2.70%
- 6M
- 13.04%
- YTD
- 13.76%
- 1Y
- 23.94%
- 3Y*
- 21.48%
- 5Y*
- 13.32%
- 10Y*
- 15.30%
- ALL TIME*
- 13.91%
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. SSEYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWPPX Schwab S&P 500 Index Fund | 13.74% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
SSEYX State Street Equity 500 Index II Portfolio | 13.76% | 17.52% | 25.01% | 26.29% | -18.18% | 28.58% | 18.28% | 31.42% | -4.54% | 21.72% |
Correlation
The correlation between SWPPX and SSEYX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.99 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2014 | 0.99 |
The correlation between SWPPX and SSEYX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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Return for Risk
SWPPX vs. SSEYX — Risk / Return Rank
SWPPX
SSEYX
SWPPX vs. SSEYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) and State Street Equity 500 Index II Portfolio (SSEYX). 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 | SSEYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.33 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 2.64 | +0.03 |
| Martin ratioReturn relative to average drawdown | 11.45 | 11.34 | +0.12 |
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Drawdowns
SWPPX vs. SSEYX - Drawdown Comparison
The maximum SWPPX drawdown since its inception was -55.06%, which is greater than SSEYX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for SWPPX and SSEYX.
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Drawdown Indicators
| SWPPX | SSEYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -33.75% | -21.31% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -8.88% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -18.74% | -18.74% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -24.51% | -24.52% | +0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -33.80% | -33.75% | -0.05% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -4.06% | -5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.06% | +0.01% |
Volatility
SWPPX vs. SSEYX - Volatility Comparison
Schwab S&P 500 Index Fund (SWPPX) and State Street Equity 500 Index II Portfolio (SSEYX) have volatilities of 4.16% and 4.13%, 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.
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Volatility by Period
| SWPPX | SSEYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 4.13% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 10.36% | 10.32% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.98% | 12.93% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 17.05% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 18.09% | +0.16% |
SWPPX vs. SSEYX - Expense Ratio Comparison
Both SWPPX and SSEYX have an expense ratio of 0.02%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SWPPX vs. SSEYX - Dividend Comparison
SWPPX's dividend yield for the trailing twelve months is around 0.98%, less than SSEYX's 1.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSEYX State Street Equity 500 Index II Portfolio | 1.22% | 1.38% | 1.93% | 1.46% | 1.57% | 2.48% | 3.63% | 2.36% | 5.91% | 5.37% | 2.29% | 3.47% |
SWPPX Schwab S&P 500 Index Fund | 0.98% | 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
With a correlation of 1.00, SWPPX and SSEYX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SWPPX has higher volatility (4.16%) compared to SSEYX (4.13%). In terms of maximum drawdown, SWPPX dropped -55.06% vs SSEYX's -33.75%.
SWPPX currently has the higher Sharpe Ratio (1.84 vs 1.82), 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.
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