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SWTSX vs. SCHB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SWTSX vs. SCHB

Last updated Aug 2, 2026
Documentation

SWTSX (Schwab Total Stock Market Index Fund) and SCHB (Schwab U.S. Broad Market ETF) are both Large Cap Blend Equities funds from Charles Schwab - SWTSX tracks the Dow Jones U.S. Total Stock Market Index while SCHB tracks the Dow Jones U.S. Broad Stock Market Index. Both are passively managed. Over the past 10 years, SWTSX returned 14.42%/yr vs 14.63%/yr for SCHB. Their 0.99 correlation means they have historically moved very closely together. Both charge a 0.03% expense ratio.

Performance

SWTSX vs. SCHB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Total Stock Market Index Fund (SWTSX) and Schwab U.S. Broad Market ETF (SCHB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SWTSX achieves a 9.82% return, which is significantly lower than SCHB's 10.58% return. Both investments have delivered pretty close results over the past 10 years, with SWTSX having a 14.42% annualized return and SCHB not far ahead at 14.63%.

SWTSX

1D
1.64%
1M
-0.83%
6M
8.17%
YTD
9.82%
1Y
20.93%
3Y*
18.56%
5Y*
11.59%
10Y*
14.42%
ALL TIME*
8.39%

SCHB

1D
0.59%
1M
-0.07%
6M
8.84%
YTD
10.58%
1Y
21.74%
3Y*
18.96%
5Y*
11.79%
10Y*
14.63%
ALL TIME*
14.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

SCHB

Schwab U.S. Broad Market ETF
$212.56M$205.35M$255.93M

SWTSX

Schwab Total Stock Market Index Fund
$0.00$0.00$0.00

SWTSX vs. SCHB - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SWTSX
Schwab Total Stock Market Index Fund		9.82%17.04%23.84%26.05%-19.54%25.65%20.71%30.90%-5.35%21.08%
SCHB
Schwab U.S. Broad Market ETF		10.58%16.94%23.93%26.16%-19.46%25.84%20.76%30.79%-5.43%21.20%

Correlation

The correlation between SWTSX and SCHB is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.99

Correlation (3Y)
Balances recent behavior with more history.

0.99

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.99

Correlation (10Y)
Provides a long-term view across more market conditions.

0.99

Correlation (All Time)
Calculated using the full available price history since Nov 3, 2009

0.99

The correlation between SWTSX and SCHB has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

SWTSX vs. SCHB - Sectors Allocation Comparison

Sectors
SWTSX
SCHB

Technology

36.4%
35.8%

Financial Services

11.9%
11.9%

Industrials

9.9%
9.8%

Healthcare

9.5%
9.6%

Consumer Cyclical

9.5%
9.6%

Communication Services

9.1%
9.2%

Consumer Defensive

4.3%
4.4%

Energy

3.1%
3.2%

Real Estate

2.3%
2.4%

Utilities

2.2%
2.2%

Basic Materials

1.9%
1.9%

Technology

SWTSX
36.4%
SCHB
35.8%

Financial Services

SWTSX
11.9%
SCHB
11.9%

Industrials

SWTSX
9.9%
SCHB
9.8%

Healthcare

SWTSX
9.5%
SCHB
9.6%

Consumer Cyclical

SWTSX
9.5%
SCHB
9.6%

Communication Services

SWTSX
9.1%
SCHB
9.2%

Consumer Defensive

SWTSX
4.3%
SCHB
4.4%

Energy

SWTSX
3.1%
SCHB
3.2%

Real Estate

SWTSX
2.3%
SCHB
2.4%

Utilities

SWTSX
2.2%
SCHB
2.2%

Basic Materials

SWTSX
1.9%
SCHB
1.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Schwab Total Stock Market Index Fund

Schwab U.S. Broad Market ETF

Often compared with SWTSX:
SWTSX vs. SWPPXSWTSX vs. VTSAXSWTSX vs. VTISWTSX vs. SWISXSWTSX vs. SWLGXSWTSX vs. SCHDSWTSX vs. SPY
Often compared with SCHB:
SCHB vs. VTISCHB vs. SCHGSCHB vs. SCHXSCHB vs. VOOSCHB vs. SCHDSCHB vs. SPYSCHB vs. SCHF

Return for Risk

SWTSX vs. SCHB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
SWTSX
SWTSX Risk / Return Rank: 6363
Overall Rank
SWTSX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
SWTSX Sortino Ratio Rank: 5656
Sortino Ratio Rank
SWTSX Omega Ratio Rank: 5656
Omega Ratio Rank
SWTSX Calmar Ratio Rank: 6666
Calmar Ratio Rank
SWTSX Martin Ratio Rank: 7777
Martin Ratio Rank
SCHB
SCHB Risk / Return Rank: 6767
Overall Rank
SCHB Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
SCHB Sortino Ratio Rank: 6363
Sortino Ratio Rank
SCHB Omega Ratio Rank: 6464
Omega Ratio Rank
SCHB Calmar Ratio Rank: 6464
Calmar Ratio Rank
SCHB Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SWTSX vs. SCHB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Total Stock Market Index Fund (SWTSX) and Schwab U.S. Broad Market ETF (SCHB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

SWTSXSCHBDifference
Sharpe ratioReturn per unit of total volatility
1.41
1.51

-0.11

Sortino ratioReturn per unit of downside risk
1.97
2.11

-0.13

Omega ratioGain probability vs. loss probability

1.25

1.27

-0.02

Calmar ratioReturn relative to maximum drawdown

2.09

2.22

-0.14

Martin ratioReturn relative to average drawdown

8.96

9.54

-0.57

SWTSX vs. SCHB - Sharpe Ratio Comparison

The current SWTSX Sharpe Ratio is 1.41, which is comparable to the SCHB Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of SWTSX and SCHB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SWTSX vs. SCHB - Drawdown Comparison

The maximum SWTSX drawdown since its inception was -54.60%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for SWTSX and SCHB.

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Drawdown Indicators

SWTSXSCHBDifference

Max Drawdown

Largest peak-to-trough decline

-54.60%

-35.27%

-19.33%

Max Drawdown (1Y)

Largest decline over 1 year

-8.88%

-8.91%

+0.03%

Max Drawdown (3Y)

Largest decline over 3 years

-19.43%

-19.34%

-0.09%

Max Drawdown (5Y)

Largest decline over 5 years

-25.40%

-25.41%

+0.01%

Max Drawdown (10Y)

Largest decline over 10 years

-35.01%

-35.27%

+0.26%

Current Drawdown

Current decline from peak

-1.96%

-1.34%

-0.62%

Average Drawdown

Average peak-to-trough decline

-10.51%

-4.09%

-6.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.07%

2.08%

-0.01%

Volatility

SWTSX vs. SCHB - Volatility Comparison

Schwab Total Stock Market Index Fund (SWTSX) and Schwab U.S. Broad Market ETF (SCHB) have volatilities of 3.46% and 3.48%, 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.

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Volatility by Period

SWTSXSCHBDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.46%

3.48%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

10.30%

10.28%

+0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

13.20%

13.12%

+0.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.55%

17.36%

+0.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.60%

18.32%

+0.28%

SWTSX vs. SCHB - Expense Ratio Comparison

Both SWTSX and SCHB have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SWTSX vs. SCHB - Dividend Comparison

SWTSX's dividend yield for the trailing twelve months is around 1.00%, less than SCHB's 1.04% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHB
Schwab U.S. Broad Market ETF		1.04%1.11%1.24%1.40%1.61%1.21%1.63%1.80%2.00%1.65%1.86%2.00%
SWTSX
Schwab Total Stock Market Index Fund		1.00%1.10%1.24%1.41%1.62%1.46%1.63%1.92%2.58%1.83%2.32%2.79%

Frequently Asked Questions

With a correlation of 0.99, SWTSX and SCHB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

SCHB has higher volatility (3.48%) compared to SWTSX (3.46%). In terms of maximum drawdown, SWTSX dropped -54.60% vs SCHB's -35.27%.

SCHB currently has the higher Sharpe Ratio (1.51 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for SWTSX and SCHB

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