TSTFX vs. SWPPX

Last updated Jun 25, 2026

TSTFX (Transamerica Stock Index) and SWPPX (Schwab S&P 500 Index Fund) are both Large Cap Blend Equities funds. Over the past 5 years, TSTFX returned 5.31%/yr vs 13.13%/yr for SWPPX. With a 0.96 correlation, they move nearly in lockstep. TSTFX charges 0.30%/yr vs 0.02%/yr for SWPPX.

Performance

TSTFX vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica Stock Index (TSTFX) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSTFX achieves a 7.77% return, which is significantly lower than SWPPX's 8.21% return.

TSTFX

• 1D: -1.67%
• 1M: -1.61%
• YTD: 7.77%
• 6M: 6.44%
• 1Y: -13.86%
• 3Y*: 7.20%
• 5Y*: 5.31%
• 10Y*: —

SWPPX

• 1D: -1.40%
• 1M: -1.30%
• YTD: 8.21%
• 6M: 6.93%
• 1Y: 22.35%
• 3Y*: 20.79%
• 5Y*: 13.13%
• 10Y*: 15.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TSTFX vs. SWPPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSTFX Transamerica Stock Index	7.77%	-17.03%	24.66%	25.99%	-18.27%	28.84%	18.10%	31.17%	-4.75%	14.78%
SWPPX Schwab S&P 500 Index Fund	8.21%	17.87%	24.96%	26.26%	-18.14%	28.67%	18.38%	31.46%	-4.47%	15.82%

Correlation

The correlation between TSTFX and SWPPX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Mar 22, 2017	0.96

The correlation between TSTFX and SWPPX has been stable across timeframes, ranging from 0.87 to 0.96 - a consistent structural relationship.

Return for Risk

TSTFX vs. SWPPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSTFX

TSTFX Risk / Return Rank: 1
TSTFX Sharpe Ratio Rank: 1
TSTFX Sortino Ratio Rank: 2
TSTFX Omega Ratio Rank: 1
TSTFX Calmar Ratio Rank: 1
TSTFX Martin Ratio Rank: 2

SWPPX

SWPPX Risk / Return Rank: 52
SWPPX Sharpe Ratio Rank: 49
SWPPX Sortino Ratio Rank: 44
SWPPX Omega Ratio Rank: 46
SWPPX Calmar Ratio Rank: 53
SWPPX Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSTFX vs. SWPPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica Stock Index (TSTFX) and Schwab S&P 500 Index Fund (SWPPX). 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.

	TSTFX	SWPPX	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	1.90	-2.34
Sortino ratio: Return per unit of downside risk	-0.29	2.58	-2.87
Omega ratio: Gain probability vs. loss probability	0.91	1.34	-0.44
Calmar ratio: Return relative to maximum drawdown	-0.41	2.68	-3.09
Martin ratio: Return relative to average drawdown	-0.69	12.02	-12.71

TSTFX vs. SWPPX - Sharpe Ratio Comparison

The current TSTFX Sharpe Ratio is -0.44, which is lower than the SWPPX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of TSTFX and SWPPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSTFX vs. SWPPX - Drawdown Comparison

The maximum TSTFX drawdown since its inception was -34.74%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for TSTFX and SWPPX.

Drawdown Indicators

	TSTFX	SWPPX	Difference
Max Drawdown Largest peak-to-trough decline	-34.74%	-55.06%	+20.32%
Max Drawdown (1Y) Largest decline over 1 year	-34.74%	-8.89%	-25.85%
Max Drawdown (3Y) Largest decline over 3 years	-34.74%	-18.74%	-16.00%
Max Drawdown (5Y) Largest decline over 5 years	-34.74%	-24.51%	-10.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.80%	—
Current Drawdown Current decline from peak	-24.25%	-3.11%	-21.14%
Average Drawdown Average peak-to-trough decline	-6.14%	-9.93%	+3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.68%	1.98%	+17.70%

Volatility

TSTFX vs. SWPPX - Volatility Comparison

Transamerica Stock Index (TSTFX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 4.95% and 4.94%, 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.

Volatility by Period

	TSTFX	SWPPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.95%	4.94%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	34.51%	9.96%	+24.55%
Volatility (1Y) Calculated over the trailing 1-year period	32.40%	12.60%	+19.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.60%	17.04%	+4.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.00%	18.24%	+2.76%

TSTFX vs. SWPPX - Expense Ratio Comparison

TSTFX has a 0.30% expense ratio, which is higher than SWPPX's 0.02% expense ratio.

Dividends

TSTFX vs. SWPPX - Dividend Comparison

TSTFX's dividend yield for the trailing twelve months is around 0.58%, less than SWPPX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWPPX Schwab S&P 500 Index Fund	1.03%	1.11%	1.23%	1.43%	1.67%	1.27%	1.81%	1.95%	2.67%	1.79%	2.55%	3.17%
TSTFX Transamerica Stock Index	0.58%	0.70%	2.61%	4.32%	6.77%	6.57%	4.69%	5.60%	4.69%	2.85%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSTFX and SWPPX in my portfolio?

TSTFX and SWPPX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSTFX or SWPPX?

TSTFX has higher volatility (4.95%) compared to SWPPX (4.94%). In terms of maximum drawdown, TSTFX dropped -34.74% vs SWPPX's -55.06%.

Which has better risk-adjusted returns?

SWPPX currently has the higher Sharpe Ratio (1.90 vs -0.44), 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.