SWSSX vs. WMICX
Compare and contrast key facts about Schwab Small-Cap Index Fund-Select Shares (SWSSX) and Wasatch Micro Cap Fund (WMICX).
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. WMICX is managed by Wasatch. It was launched on Jun 19, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSSX or WMICX.
Key characteristics
| SWSSX | WMICX | |
|---|---|---|
| YTD Return | 19.41% | 27.63% |
| 1Y Return | 42.37% | 51.83% |
| 3Y Return (Ann) | 1.23% | -14.02% |
| 5Y Return (Ann) | 10.09% | 2.34% |
| 10Y Return (Ann) | 8.91% | 1.13% |
| Sharpe Ratio | 1.96 | 2.37 |
| Sortino Ratio | 2.82 | 3.27 |
| Omega Ratio | 1.34 | 1.40 |
| Calmar Ratio | 1.51 | 0.86 |
| Martin Ratio | 11.31 | 15.57 |
| Ulcer Index | 3.75% | 3.33% |
| Daily Std Dev | 21.60% | 21.86% |
| Max Drawdown | -61.52% | -72.45% |
| Current Drawdown | -1.75% | -39.92% |
Correlation
The correlation between SWSSX and WMICX is 0.89, 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
SWSSX vs. WMICX - Performance Comparison
In the year-to-date period, SWSSX achieves a 19.41% return, which is significantly lower than WMICX's 27.63% return. Over the past 10 years, SWSSX has outperformed WMICX with an annualized return of 8.91%, while WMICX has yielded a comparatively lower 1.13% 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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SWSSX vs. WMICX - Expense Ratio Comparison
SWSSX has a 0.04% expense ratio, which is lower than WMICX's 1.63% expense ratio.
Risk-Adjusted Performance
SWSSX vs. WMICX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Small-Cap Index Fund-Select Shares (SWSSX) and Wasatch Micro Cap Fund (WMICX). 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
SWSSX vs. WMICX - Dividend Comparison
SWSSX's dividend yield for the trailing twelve months is around 1.25%, while WMICX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.25% | 1.49% | 1.32% | 1.17% | 1.12% | 1.43% | 1.61% | 1.26% | 1.39% | 1.50% | 1.28% | 1.11% |
WMICX Wasatch Micro Cap Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.03% | 0.00% |
Drawdowns
SWSSX vs. WMICX - Drawdown Comparison
The maximum SWSSX drawdown since its inception was -61.52%, smaller than the maximum WMICX drawdown of -72.45%. Use the drawdown chart below to compare losses from any high point for SWSSX and WMICX. For additional features, visit the drawdowns tool.
Volatility
SWSSX vs. WMICX - Volatility Comparison
Schwab Small-Cap Index Fund-Select Shares (SWSSX) and Wasatch Micro Cap Fund (WMICX) have volatilities of 7.42% and 7.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.