USSPX vs. SWPPX
Compare and contrast key facts about USAA 500 Index Fund (USSPX) and Schwab S&P 500 Index Fund (SWPPX).
USSPX is managed by Victory Capital. It was launched on May 1, 1996. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USSPX or SWPPX.
Key characteristics
| USSPX | SWPPX | |
|---|---|---|
| YTD Return | 26.95% | 26.88% |
| 1Y Return | 36.56% | 37.54% |
| 3Y Return (Ann) | 7.48% | 10.22% |
| 5Y Return (Ann) | 13.40% | 15.93% |
| 10Y Return (Ann) | 11.86% | 13.39% |
| Sharpe Ratio | 2.96 | 3.03 |
| Sortino Ratio | 3.93 | 4.03 |
| Omega Ratio | 1.56 | 1.57 |
| Calmar Ratio | 3.77 | 4.42 |
| Martin Ratio | 19.21 | 19.97 |
| Ulcer Index | 1.90% | 1.87% |
| Daily Std Dev | 12.32% | 12.34% |
| Max Drawdown | -55.39% | -55.06% |
| Current Drawdown | -0.27% | -0.29% |
Correlation
The correlation between USSPX and SWPPX is 0.99, 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.
Performance
USSPX vs. SWPPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with USSPX having a 26.95% return and SWPPX slightly lower at 26.88%. Over the past 10 years, USSPX has underperformed SWPPX with an annualized return of 11.86%, while SWPPX has yielded a comparatively higher 13.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USSPX vs. SWPPX - Expense Ratio Comparison
USSPX has a 0.24% expense ratio, which is higher than SWPPX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
USSPX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA 500 Index Fund (USSPX) 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.
Dividends
USSPX vs. SWPPX - Dividend Comparison
USSPX's dividend yield for the trailing twelve months is around 1.03%, less than SWPPX's 1.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USSPX USAA 500 Index Fund | 1.03% | 1.22% | 1.43% | 1.00% | 1.30% | 1.64% | 1.89% | 1.55% | 1.92% | 1.79% | 1.64% | 1.56% |
SWPPX Schwab S&P 500 Index Fund | 1.13% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
USSPX vs. SWPPX - Drawdown Comparison
The maximum USSPX drawdown since its inception was -55.39%, roughly equal to the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for USSPX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
USSPX vs. SWPPX - Volatility Comparison
USAA 500 Index Fund (USSPX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 3.87% and 3.85%, 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.