SWPPX vs. SWLGX
Compare and contrast key facts about Schwab S&P 500 Index Fund (SWPPX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
SWPPX is managed by Charles Schwab. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWPPX or SWLGX.
Performance
SWPPX vs. SWLGX - Performance Comparison
Returns By Period
In the year-to-date period, SWPPX achieves a 25.53% return, which is significantly lower than SWLGX's 30.28% return.
SWPPX
25.53%
1.18%
12.20%
32.17%
15.57%
13.12%
SWLGX
30.28%
2.24%
14.45%
36.49%
19.52%
N/A
Key characteristics
| SWPPX | SWLGX | |
|---|---|---|
| Sharpe Ratio | 2.59 | 2.15 |
| Sortino Ratio | 3.47 | 2.81 |
| Omega Ratio | 1.48 | 1.40 |
| Calmar Ratio | 3.77 | 2.75 |
| Martin Ratio | 16.91 | 10.77 |
| Ulcer Index | 1.89% | 3.35% |
| Daily Std Dev | 12.30% | 16.74% |
| Max Drawdown | -55.06% | -32.69% |
| Current Drawdown | -1.35% | -1.47% |
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SWPPX vs. SWLGX - Expense Ratio Comparison
SWPPX has a 0.02% expense ratio, which is lower than SWLGX's 0.04% 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%.
Correlation
The correlation between SWPPX and SWLGX is 0.94, 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.
Risk-Adjusted Performance
SWPPX vs. SWLGX - 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 Growth Index Fund (SWLGX). 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. SWLGX - Dividend Comparison
SWPPX's dividend yield for the trailing twelve months is around 1.14%, more than SWLGX's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWPPX Schwab S&P 500 Index Fund | 1.14% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.52% | 0.67% | 0.93% | 0.57% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWPPX vs. SWLGX - Drawdown Comparison
The maximum SWPPX drawdown since its inception was -55.06%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for SWPPX and SWLGX. For additional features, visit the drawdowns tool.
Volatility
SWPPX vs. SWLGX - Volatility Comparison
The current volatility for Schwab S&P 500 Index Fund (SWPPX) is 4.06%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 5.58%. This indicates that SWPPX experiences smaller price fluctuations and is considered to be less risky than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.