SWTSX vs. SPY
Compare and contrast key facts about Schwab Total Stock Market Index Fund (SWTSX) and SPDR S&P 500 ETF (SPY).
SWTSX is managed by Charles Schwab. It was launched on Jun 1, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWTSX or SPY.
Performance
SWTSX vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with SWTSX having a 25.73% return and SPY slightly higher at 26.08%. Both investments have delivered pretty close results over the past 10 years, with SWTSX having a 12.61% annualized return and SPY not far ahead at 13.10%.
SWTSX
25.73%
2.61%
14.29%
33.08%
15.05%
12.61%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| SWTSX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.66 | 2.70 |
| Sortino Ratio | 3.54 | 3.60 |
| Omega Ratio | 1.49 | 1.50 |
| Calmar Ratio | 3.92 | 3.90 |
| Martin Ratio | 17.01 | 17.52 |
| Ulcer Index | 1.98% | 1.87% |
| Daily Std Dev | 12.69% | 12.14% |
| Max Drawdown | -54.60% | -55.19% |
| Current Drawdown | -0.79% | -0.85% |
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SWTSX vs. SPY - Expense Ratio Comparison
SWTSX has a 0.03% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SWTSX and SPY is 0.97, 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
SWTSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Total Stock Market Index Fund (SWTSX) and SPDR S&P 500 ETF (SPY). 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
SWTSX vs. SPY - Dividend Comparison
SWTSX's dividend yield for the trailing twelve months is around 1.12%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWTSX Schwab Total Stock Market Index Fund | 1.12% | 1.41% | 1.62% | 1.17% | 1.63% | 1.68% | 2.06% | 1.61% | 1.85% | 1.95% | 1.66% | 1.51% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SWTSX vs. SPY - Drawdown Comparison
The maximum SWTSX drawdown since its inception was -54.60%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWTSX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWTSX vs. SPY - Volatility Comparison
Schwab Total Stock Market Index Fund (SWTSX) has a higher volatility of 4.18% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that SWTSX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.