SWSCX vs. QQQ
Compare and contrast key facts about Schwab Small-Cap Equity Fund™ (SWSCX) and Invesco QQQ (QQQ).
SWSCX is managed by Charles Schwab. It was launched on Jul 1, 2003. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSCX or QQQ.
Performance
SWSCX vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, SWSCX achieves a 16.72% return, which is significantly lower than QQQ's 24.04% return. Over the past 10 years, SWSCX has underperformed QQQ with an annualized return of -0.69%, while QQQ has yielded a comparatively higher 18.03% annualized return.
SWSCX
16.72%
5.46%
12.83%
31.77%
7.09%
-0.69%
QQQ
24.04%
3.57%
10.78%
30.56%
20.99%
18.03%
Key characteristics
| SWSCX | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.59 | 1.76 |
| Sortino Ratio | 2.30 | 2.35 |
| Omega Ratio | 1.28 | 1.32 |
| Calmar Ratio | 1.06 | 2.25 |
| Martin Ratio | 9.20 | 8.18 |
| Ulcer Index | 3.55% | 3.74% |
| Daily Std Dev | 20.50% | 17.36% |
| Max Drawdown | -65.66% | -82.98% |
| Current Drawdown | -8.54% | -1.62% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWSCX vs. QQQ - Expense Ratio Comparison
SWSCX has a 1.08% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between SWSCX and QQQ is 0.76, 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
SWSCX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Small-Cap Equity Fund™ (SWSCX) and Invesco QQQ (QQQ). 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
SWSCX vs. QQQ - Dividend Comparison
SWSCX's dividend yield for the trailing twelve months is around 0.31%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWSCX Schwab Small-Cap Equity Fund™ | 0.31% | 0.36% | 0.14% | 0.14% | 0.19% | 0.11% | 0.07% | 0.00% | 0.41% | 0.25% | 0.09% | 0.28% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
SWSCX vs. QQQ - Drawdown Comparison
The maximum SWSCX drawdown since its inception was -65.66%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SWSCX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SWSCX vs. QQQ - Volatility Comparison
Schwab Small-Cap Equity Fund™ (SWSCX) has a higher volatility of 7.33% compared to Invesco QQQ (QQQ) at 5.36%. This indicates that SWSCX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.