SWPPX vs. VPMAX
Compare and contrast key facts about Schwab S&P 500 Index Fund (SWPPX) and Vanguard PRIMECAP Fund Admiral Shares (VPMAX).
SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997. VPMAX is managed by Vanguard. It was launched on Nov 12, 2001.
Performance
SWPPX vs. VPMAX - Performance Comparison
Loading graphics...
SWPPX vs. VPMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
VPMAX Vanguard PRIMECAP Fund Admiral Shares | -5.86% | 54.11% | 13.30% | 28.25% | -15.16% | 21.72% | 17.23% | 27.88% | -1.93% | 28.28% |
Returns By Period
In the year-to-date period, SWPPX achieves a -7.07% return, which is significantly lower than VPMAX's -5.86% return. Over the past 10 years, SWPPX has underperformed VPMAX with an annualized return of 13.71%, while VPMAX has yielded a comparatively higher 16.53% annualized return.
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
VPMAX
- 1D
- -1.19%
- 1M
- -10.43%
- YTD
- -5.86%
- 6M
- 22.85%
- 1Y
- 46.58%
- 3Y*
- 25.38%
- 5Y*
- 14.62%
- 10Y*
- 16.53%
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. VPMAX - Expense Ratio Comparison
SWPPX has a 0.02% expense ratio, which is lower than VPMAX's 0.31% expense ratio.
Return for Risk
SWPPX vs. VPMAX — Risk / Return Rank
SWPPX
VPMAX
SWPPX vs. VPMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) and Vanguard PRIMECAP Fund Admiral Shares (VPMAX). 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.
| SWPPX | VPMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.64 | -0.80 |
Sortino ratioReturn per unit of downside risk | 1.30 | 3.07 | -1.78 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.44 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 3.21 | -2.16 |
Martin ratioReturn relative to average drawdown | 5.14 | 14.01 | -8.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWPPX | VPMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.64 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.73 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.83 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.61 | -0.13 |
Correlation
The correlation between SWPPX and VPMAX 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.
Dividends
SWPPX vs. VPMAX - Dividend Comparison
SWPPX's dividend yield for the trailing twelve months is around 1.19%, less than VPMAX's 33.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
VPMAX Vanguard PRIMECAP Fund Admiral Shares | 33.83% | 31.85% | 6.71% | 7.24% | 9.94% | 10.18% | 9.82% | 7.23% | 8.43% | 4.52% | 5.13% | 5.99% |
Drawdowns
SWPPX vs. VPMAX - Drawdown Comparison
The maximum SWPPX drawdown since its inception was -55.06%, which is greater than VPMAX's maximum drawdown of -48.32%. Use the drawdown chart below to compare losses from any high point for SWPPX and VPMAX.
Loading graphics...
Drawdown Indicators
| SWPPX | VPMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -48.32% | -6.74% |
Max Drawdown (1Y)Largest decline over 1 year | -12.10% | -13.75% | +1.65% |
Max Drawdown (5Y)Largest decline over 5 years | -24.51% | -25.21% | +0.70% |
Max Drawdown (10Y)Largest decline over 10 years | -33.80% | -32.65% | -1.15% |
Current DrawdownCurrent decline from peak | -8.89% | -11.72% | +2.83% |
Average DrawdownAverage peak-to-trough decline | -10.00% | -6.61% | -3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 3.15% | -0.66% |
Volatility
SWPPX vs. VPMAX - Volatility Comparison
The current volatility for Schwab S&P 500 Index Fund (SWPPX) is 4.29%, while Vanguard PRIMECAP Fund Admiral Shares (VPMAX) has a volatility of 5.57%. This indicates that SWPPX experiences smaller price fluctuations and is considered to be less risky than VPMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWPPX | VPMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 5.57% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 9.11% | 21.87% | -12.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.14% | 28.87% | -10.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.89% | 20.12% | -3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 20.09% | -1.90% |