SWSCX vs. SPY
Compare and contrast key facts about Schwab Small-Cap Equity Fund™ (SWSCX) and SPDR S&P 500 ETF (SPY).
SWSCX is managed by Charles Schwab. It was launched on Jul 1, 2003. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSCX or SPY.
Key characteristics
SWSCX | SPY | |
---|---|---|
YTD Return | 9.53% | 19.17% |
1Y Return | 21.75% | 28.27% |
3Y Return (Ann) | 5.93% | 9.99% |
5Y Return (Ann) | 10.50% | 15.18% |
10Y Return (Ann) | 8.33% | 12.84% |
Sharpe Ratio | 0.97 | 2.11 |
Daily Std Dev | 20.91% | 12.62% |
Max Drawdown | -63.30% | -55.19% |
Current Drawdown | -3.73% | -0.36% |
Correlation
The correlation between SWSCX and SPY is 0.85, 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.
Performance
SWSCX vs. SPY - Performance Comparison
In the year-to-date period, SWSCX achieves a 9.53% return, which is significantly lower than SPY's 19.17% return. Over the past 10 years, SWSCX has underperformed SPY with an annualized return of 8.33%, while SPY has yielded a comparatively higher 12.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWSCX vs. SPY - Expense Ratio Comparison
SWSCX has a 1.08% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SWSCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Small-Cap Equity Fund™ (SWSCX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
SWSCX's dividend yield for the trailing twelve months is around 0.33%, less than SPY's 0.93% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Schwab Small-Cap Equity Fund™ | 0.33% | 0.36% | 10.14% | 12.07% | 0.19% | 0.11% | 26.16% | 14.46% | 0.41% | 14.47% | 21.79% | 10.16% |
SPDR S&P 500 ETF | 0.93% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SWSCX vs. SPY - Drawdown Comparison
The maximum SWSCX drawdown since its inception was -63.30%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWSCX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWSCX vs. SPY - Volatility Comparison
Schwab Small-Cap Equity Fund™ (SWSCX) has a higher volatility of 6.44% compared to SPDR S&P 500 ETF (SPY) at 3.94%. This indicates that SWSCX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.