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SWSCX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.8

Performance

SWSCX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Small-Cap Equity Fund™ (SWSCX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
-5.52%
9.58%
SWSCX
QQQ

Key characteristics

Sharpe Ratio

SWSCX:

-0.02

QQQ:

1.64

Sortino Ratio

SWSCX:

0.13

QQQ:

2.19

Omega Ratio

SWSCX:

1.02

QQQ:

1.30

Calmar Ratio

SWSCX:

-0.02

QQQ:

2.16

Martin Ratio

SWSCX:

-0.12

QQQ:

7.79

Ulcer Index

SWSCX:

4.29%

QQQ:

3.76%

Daily Std Dev

SWSCX:

24.10%

QQQ:

17.85%

Max Drawdown

SWSCX:

-65.66%

QQQ:

-82.98%

Current Drawdown

SWSCX:

-23.71%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, SWSCX achieves a -2.64% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, SWSCX has underperformed QQQ with an annualized return of -0.63%, while QQQ has yielded a comparatively higher 18.36% annualized return.


SWSCX

YTD

-2.64%

1M

-16.59%

6M

-5.20%

1Y

-2.94%

5Y*

2.47%

10Y*

-0.63%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

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.


SWSCX
Schwab Small-Cap Equity Fund™
Expense ratio chart for SWSCX: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

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.


Sharpe ratio
The chart of Sharpe ratio for SWSCX, currently valued at -0.02, compared to the broader market-1.000.001.002.003.004.00-0.021.64
The chart of Sortino ratio for SWSCX, currently valued at 0.13, compared to the broader market-2.000.002.004.006.008.0010.000.132.19
The chart of Omega ratio for SWSCX, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.003.501.021.30
The chart of Calmar ratio for SWSCX, currently valued at -0.02, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.022.16
The chart of Martin ratio for SWSCX, currently valued at -0.12, compared to the broader market0.0020.0040.0060.00-0.127.79
SWSCX
QQQ

The current SWSCX Sharpe Ratio is -0.02, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of SWSCX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.02
1.64
SWSCX
QQQ

Dividends

SWSCX vs. QQQ - Dividend Comparison

SWSCX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
SWSCX
Schwab Small-Cap Equity Fund™
0.00%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
0.43%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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-23.71%
-3.63%
SWSCX
QQQ

Volatility

SWSCX vs. QQQ - Volatility Comparison

Schwab Small-Cap Equity Fund™ (SWSCX) has a higher volatility of 14.91% compared to Invesco QQQ (QQQ) at 5.29%. 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.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
14.91%
5.29%
SWSCX
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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