SWVXX vs. SPY
Compare and contrast key facts about Schwab Value Advantage Money Fund (SWVXX) and SPDR S&P 500 ETF (SPY).
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: SWVXX or SPY.
Correlation
The correlation between SWVXX and SPY is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SWVXX vs. SPY - Performance Comparison
Key characteristics
SWVXX:
3.56
SPY:
0.70
SWVXX:
0.00%
SPY:
4.74%
SWVXX:
1.30%
SPY:
20.05%
SWVXX:
0.00%
SPY:
-55.19%
SWVXX:
0.00%
SPY:
-7.79%
Returns By Period
In the year-to-date period, SWVXX achieves a 1.03% return, which is significantly higher than SPY's -3.56% return. Over the past 10 years, SWVXX has underperformed SPY with an annualized return of 1.74%, while SPY has yielded a comparatively higher 12.25% annualized return.
SWVXX
1.03%
0.00%
1.79%
4.64%
2.56%
1.74%
SPY
-3.56%
11.52%
-0.47%
11.62%
16.42%
12.25%
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Risk-Adjusted Performance
SWVXX vs. SPY — Risk-Adjusted Performance Rank
SWVXX
SPY
SWVXX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Value Advantage Money Fund (SWVXX) 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.
Drawdowns
SWVXX vs. SPY - Drawdown Comparison
The maximum SWVXX drawdown since its inception was 0.00%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWVXX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWVXX vs. SPY - Volatility Comparison
The current volatility for Schwab Value Advantage Money Fund (SWVXX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.12%. This indicates that SWVXX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.