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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSCX or XMHQ.
Performance
SWSCX vs. XMHQ - Performance Comparison
Returns By Period
In the year-to-date period, SWSCX achieves a 20.41% return, which is significantly lower than XMHQ's 29.45% return. Over the past 10 years, SWSCX has underperformed XMHQ with an annualized return of -0.25%, while XMHQ has yielded a comparatively higher 12.66% annualized return.
SWSCX
20.41%
10.33%
15.23%
35.18%
7.18%
-0.25%
XMHQ
29.45%
9.45%
6.82%
38.23%
17.96%
12.66%
Key characteristics
| SWSCX | XMHQ | |
|---|---|---|
| Sharpe Ratio | 1.71 | 2.11 |
| Sortino Ratio | 2.44 | 2.96 |
| Omega Ratio | 1.29 | 1.35 |
| Calmar Ratio | 1.14 | 3.71 |
| Martin Ratio | 9.90 | 9.05 |
| Ulcer Index | 3.55% | 4.22% |
| Daily Std Dev | 20.59% | 18.09% |
| Max Drawdown | -65.66% | -58.19% |
| Current Drawdown | -5.65% | 0.00% |
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. XMHQ - Expense Ratio Comparison
SWSCX has a 1.08% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Correlation
The correlation between SWSCX and XMHQ is 0.80, 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. XMHQ - Risk-Adjusted Performance 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.
Dividends
SWSCX vs. XMHQ - Dividend Comparison
SWSCX's dividend yield for the trailing twelve months is around 0.30%, less than XMHQ's 4.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWSCX Schwab Small-Cap Equity Fund™ | 0.30% | 0.36% | 0.14% | 0.14% | 0.19% | 0.11% | 0.07% | 0.00% | 0.41% | 0.25% | 0.09% | 0.28% |
XMHQ Invesco S&P MidCap Quality ETF | 4.66% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% | 1.11% |
Drawdowns
SWSCX vs. XMHQ - Drawdown Comparison
The maximum SWSCX drawdown since its inception was -65.66%, 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. For additional features, visit the drawdowns tool.
Volatility
SWSCX vs. XMHQ - Volatility Comparison
Schwab Small-Cap Equity Fund™ (SWSCX) has a higher volatility of 7.48% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 5.85%. 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.