SWSSX vs. SWLSX
Compare and contrast key facts about Schwab Small-Cap Index Fund-Select Shares (SWSSX) and Schwab Large-Cap Growth Fund™ (SWLSX).
SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997. SWLSX is managed by Charles Schwab. It was launched on Oct 3, 2005.
Performance
SWSSX vs. SWLSX - Performance Comparison
Loading graphics...
SWSSX vs. SWLSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWSSX Schwab Small-Cap Index Fund-Select Shares | -2.49% | 12.88% | 11.57% | 17.07% | -20.43% | 14.77% | 20.12% | 25.63% | -11.19% | 14.76% |
SWLSX Schwab Large-Cap Growth Fund™ | -12.73% | 19.69% | 29.41% | 38.27% | -27.00% | 29.03% | 29.03% | 31.02% | -7.93% | 29.01% |
Returns By Period
In the year-to-date period, SWSSX achieves a -2.49% return, which is significantly higher than SWLSX's -12.73% return. Over the past 10 years, SWSSX has underperformed SWLSX with an annualized return of 9.50%, while SWLSX has yielded a comparatively higher 14.02% annualized return.
SWSSX
- 1D
- -1.45%
- 1M
- -8.18%
- YTD
- -2.49%
- 6M
- -0.36%
- 1Y
- 21.55%
- 3Y*
- 11.83%
- 5Y*
- 3.10%
- 10Y*
- 9.50%
SWLSX
- 1D
- -0.72%
- 1M
- -8.75%
- YTD
- -12.73%
- 6M
- -11.11%
- 1Y
- 15.36%
- 3Y*
- 18.28%
- 5Y*
- 11.53%
- 10Y*
- 14.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWSSX vs. SWLSX - Expense Ratio Comparison
SWSSX has a 0.04% expense ratio, which is lower than SWLSX's 0.99% expense ratio.
Return for Risk
SWSSX vs. SWLSX — Risk / Return Rank
SWSSX
SWLSX
SWSSX vs. SWLSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Small-Cap Index Fund-Select Shares (SWSSX) and Schwab Large-Cap Growth Fund™ (SWLSX). 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.
| SWSSX | SWLSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.69 | +0.22 |
Sortino ratioReturn per unit of downside risk | 1.40 | 1.14 | +0.26 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.16 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 0.78 | +0.55 |
Martin ratioReturn relative to average drawdown | 5.02 | 2.74 | +2.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWSSX | SWLSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.69 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.55 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.68 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.51 | -0.18 |
Correlation
The correlation between SWSSX and SWLSX 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
SWSSX vs. SWLSX - Dividend Comparison
SWSSX's dividend yield for the trailing twelve months is around 1.32%, less than SWLSX's 1.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.32% | 1.29% | 1.66% | 1.49% | 1.32% | 8.88% | 2.55% | 6.12% | 10.45% | 5.22% | 4.10% | 6.92% |
SWLSX Schwab Large-Cap Growth Fund™ | 1.34% | 1.17% | 0.11% | 0.04% | 2.07% | 7.77% | 1.07% | 5.32% | 12.35% | 7.92% | 4.46% | 17.08% |
Drawdowns
SWSSX vs. SWLSX - Drawdown Comparison
The maximum SWSSX drawdown since its inception was -60.34%, which is greater than SWLSX's maximum drawdown of -49.89%. Use the drawdown chart below to compare losses from any high point for SWSSX and SWLSX.
Loading graphics...
Drawdown Indicators
| SWSSX | SWLSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.34% | -49.89% | -10.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.90% | -16.17% | +2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -31.93% | -31.32% | -0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -41.81% | -31.32% | -10.49% |
Current DrawdownCurrent decline from peak | -11.00% | -16.17% | +5.17% |
Average DrawdownAverage peak-to-trough decline | -10.78% | -7.98% | -2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.68% | 4.57% | -0.89% |
Volatility
SWSSX vs. SWLSX - Volatility Comparison
Schwab Small-Cap Index Fund-Select Shares (SWSSX) has a higher volatility of 6.59% compared to Schwab Large-Cap Growth Fund™ (SWLSX) at 5.73%. This indicates that SWSSX's price experiences larger fluctuations and is considered to be riskier than SWLSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWSSX | SWLSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 5.73% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 14.12% | 12.41% | +1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.11% | 22.60% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.57% | 20.97% | +1.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.03% | 20.76% | +3.27% |