SWSCX vs. XMHQ
Compare and contrast key facts about Schwab Small-Cap Equity Fund™ (SWSCX) and Invesco S&P MidCap Quality ETF (XMHQ).
SWSCX is managed by Charles Schwab. It was launched on Jul 1, 2003. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Performance
SWSCX vs. XMHQ - Performance Comparison
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SWSCX vs. XMHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWSCX Schwab Small-Cap Equity Fund™ | -2.00% | 5.66% | 9.89% | 19.90% | -14.12% | 29.29% | 7.63% | 17.89% | -12.47% | 10.04% |
XMHQ Invesco S&P MidCap Quality ETF | 1.08% | 4.71% | 16.79% | 29.51% | -12.42% | 20.98% | 26.61% | 27.18% | -9.08% | 15.64% |
Returns By Period
In the year-to-date period, SWSCX achieves a -2.00% return, which is significantly lower than XMHQ's 1.08% return. Over the past 10 years, SWSCX has underperformed XMHQ with an annualized return of 8.64%, while XMHQ has yielded a comparatively higher 12.42% annualized return.
SWSCX
- 1D
- -1.37%
- 1M
- -7.92%
- YTD
- -2.00%
- 6M
- -6.07%
- 1Y
- 14.06%
- 3Y*
- 9.87%
- 5Y*
- 5.45%
- 10Y*
- 8.64%
XMHQ
- 1D
- 2.79%
- 1M
- -4.48%
- YTD
- 1.08%
- 6M
- -1.19%
- 1Y
- 13.62%
- 3Y*
- 14.52%
- 5Y*
- 8.07%
- 10Y*
- 12.42%
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SWSCX vs. XMHQ - Expense Ratio Comparison
SWSCX has a 1.08% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Return for Risk
SWSCX vs. XMHQ — Risk / Return Rank
SWSCX
XMHQ
SWSCX vs. XMHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Small-Cap Equity Fund™ (SWSCX) and Invesco S&P MidCap Quality ETF (XMHQ). 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.
| SWSCX | XMHQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 0.68 | -0.10 |
Sortino ratioReturn per unit of downside risk | 0.91 | 1.14 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.14 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.78 | 1.09 | -0.31 |
Martin ratioReturn relative to average drawdown | 2.20 | 3.97 | -1.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWSCX | XMHQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 0.68 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.39 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.60 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.43 | -0.04 |
Correlation
The correlation between SWSCX and XMHQ is 0.81, 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
SWSCX vs. XMHQ - Dividend Comparison
SWSCX has not paid dividends to shareholders, while XMHQ's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWSCX Schwab Small-Cap Equity Fund™ | 0.00% | 0.00% | 14.10% | 0.36% | 10.14% | 12.07% | 0.19% | 0.11% | 26.16% | 14.46% | 0.41% | 14.47% |
XMHQ Invesco S&P MidCap Quality ETF | 0.60% | 0.64% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% |
Drawdowns
SWSCX vs. XMHQ - Drawdown Comparison
The maximum SWSCX drawdown since its inception was -63.30%, which is greater than XMHQ's maximum drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for SWSCX and XMHQ.
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Drawdown Indicators
| SWSCX | XMHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.30% | -58.19% | -5.11% |
Max Drawdown (1Y)Largest decline over 1 year | -13.76% | -12.54% | -1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -27.35% | -25.47% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -49.32% | -36.90% | -12.42% |
Current DrawdownCurrent decline from peak | -12.75% | -5.36% | -7.39% |
Average DrawdownAverage peak-to-trough decline | -10.66% | -9.35% | -1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 3.43% | +1.53% |
Volatility
SWSCX vs. XMHQ - Volatility Comparison
Schwab Small-Cap Equity Fund™ (SWSCX) has a higher volatility of 6.53% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 6.03%. This indicates that SWSCX's price experiences larger fluctuations and is considered to be riskier than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWSCX | XMHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.53% | 6.03% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 16.80% | 11.37% | +5.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 20.26% | +4.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.42% | 20.76% | +1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.53% | 20.69% | +2.84% |