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SWPPX vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

SWPPX vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab S&P 500 Index Fund (SWPPX) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


SWPPX

1D
-0.77%
1M
4.12%
YTD
10.83%
6M
10.73%
1Y
27.97%
3Y*
22.42%
5Y*
13.88%
10Y*
15.55%

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SWPPX vs. USD=X - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SWPPX
Schwab S&P 500 Index Fund
10.83%17.87%24.96%26.26%-18.14%28.67%18.38%31.46%-4.47%21.81%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

SWPPX vs. USD=X — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWPPX
SWPPX Risk / Return Rank: 6565
Overall Rank
SWPPX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
SWPPX Sortino Ratio Rank: 5858
Sortino Ratio Rank
SWPPX Omega Ratio Rank: 5959
Omega Ratio Rank
SWPPX Calmar Ratio Rank: 6767
Calmar Ratio Rank
SWPPX Martin Ratio Rank: 7979
Martin Ratio Rank

USD=X
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWPPX vs. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) and USD Cash (USD=X). 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.


SWPPXUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.43

Calmar ratioReturn relative to maximum drawdown

3.16

Martin ratioReturn relative to average drawdown

14.75

SWPPX vs. USD=X - Sharpe Ratio Comparison


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Sharpe Ratios by Period


SWPPXUSD=XDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.86

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

Drawdowns

SWPPX vs. USD=X - Drawdown Comparison

The maximum SWPPX drawdown since its inception was -55.06%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SWPPX and USD=X.


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Drawdown Indicators


SWPPXUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-55.06%

0.00%

-55.06%

Max Drawdown (1Y)

Largest decline over 1 year

-8.89%

0.00%

-8.89%

Max Drawdown (3Y)

Largest decline over 3 years

-18.74%

0.00%

-18.74%

Max Drawdown (5Y)

Largest decline over 5 years

-24.51%

0.00%

-24.51%

Max Drawdown (10Y)

Largest decline over 10 years

-33.80%

0.00%

-33.80%

Current Drawdown

Current decline from peak

-0.77%

0.00%

-0.77%

Average Drawdown

Average peak-to-trough decline

-9.95%

0.00%

-9.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.90%

0.00%

+1.90%

Volatility

SWPPX vs. USD=X - Volatility Comparison

Schwab S&P 500 Index Fund (SWPPX) has a higher volatility of 2.94% compared to USD Cash (USD=X) at 0.00%. This indicates that SWPPX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SWPPXUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.94%

0.00%

+2.94%

Volatility (6M)

Calculated over the trailing 6-month period

9.00%

0.00%

+9.00%

Volatility (1Y)

Calculated over the trailing 1-year period

11.90%

0.00%

+11.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.93%

0.00%

+16.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.23%

0.00%

+18.23%

Frequently Asked Questions


SWPPX has higher volatility (2.94%) compared to USD=X (0.00%). In terms of maximum drawdown, SWPPX dropped -55.06% vs USD=X's 0.00%.

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