SWVXX vs. SPG
SWVXX (Schwab Prime Advantage Money Fund Investor Shares) is Money Market fund actively managed by Charles Schwab, while SPG (Simon Property Group, Inc.) is a stock. Over the past 5 years, SWVXX returned 3.14%/yr vs 16.83%/yr for SPG. At a 0.02 correlation, their price movements are largely independent.
Performance
SWVXX vs. SPG - Performance Comparison
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Returns By Period
In the year-to-date period, SWVXX achieves a 1.45% return, which is significantly lower than SPG's 19.14% return.
SWVXX
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.45%
- 6M
- 1.77%
- 1Y
- 3.85%
- 3Y*
- 4.71%
- 5Y*
- 3.14%
- 10Y*
- —
SPG
- 1D
- -1.54%
- 1M
- 9.00%
- YTD
- 19.14%
- 6M
- 19.75%
- 1Y
- 43.99%
- 3Y*
- 30.61%
- 5Y*
- 16.83%
- 10Y*
- 5.78%
SWVXX vs. SPG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SWVXX Schwab Prime Advantage Money Fund Investor Shares | 1.45% | 4.15% | 5.16% | 5.04% | 0.00% | 0.00% |
SPG Simon Property Group, Inc. | 19.14% | 12.94% | 26.92% | 29.24% | -21.91% | 32.42% |
Correlation
The correlation between SWVXX and SPG is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | 0.02 |
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Return for Risk
SWVXX vs. SPG — Risk / Return Rank
SWVXX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SPG
SWVXX vs. SPG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Prime Advantage Money Fund Investor Shares (SWVXX) and Simon Property Group, Inc. (SPG). 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.
| SWVXX | SPG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.83 | — |
| Martin ratioReturn relative to average drawdown | — | 13.86 | — |
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Drawdowns
SWVXX vs. SPG - Drawdown Comparison
The maximum SWVXX drawdown since its inception was 0.00%, smaller than the maximum SPG drawdown of -77.00%. Use the drawdown chart below to compare losses from any high point for SWVXX and SPG.
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Drawdown Indicators
| SWVXX | SPG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -77.00% | +77.00% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -11.54% | +11.54% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -24.32% | +24.32% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -45.84% | +45.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.00% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.54% | +1.54% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -13.83% | +13.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 3.18% | -3.18% |
Volatility
SWVXX vs. SPG - Volatility Comparison
The current volatility for Schwab Prime Advantage Money Fund Investor Shares (SWVXX) is 0.29%, while Simon Property Group, Inc. (SPG) has a volatility of 5.74%. This indicates that SWVXX experiences smaller price fluctuations and is considered to be less risky than SPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWVXX | SPG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.29% | 5.74% | -5.45% |
Volatility (6M)Calculated over the trailing 6-month period | 0.76% | 14.19% | -13.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.10% | 18.81% | -17.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.09% | 26.56% | -25.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.09% | 37.10% | -36.01% |
Dividends
SWVXX vs. SPG - Dividend Comparison
SWVXX's dividend yield for the trailing twelve months is around 3.77%, less than SPG's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPG Simon Property Group, Inc. | 4.08% | 4.62% | 4.70% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% |
SWVXX Schwab Prime Advantage Money Fund Investor Shares | 3.77% | 4.06% | 5.02% | 4.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SWVXX and SPG have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPG has higher volatility (5.74%) compared to SWVXX (0.29%). In terms of maximum drawdown, SWVXX dropped 0.00% vs SPG's -77.00%.
SWVXX currently has the higher Sharpe Ratio (3.71 vs 2.35), 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.
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