UWMC vs. SWPPX
Compare and contrast key facts about UWM Holdings Corporation (UWMC) and Schwab S&P 500 Index Fund (SWPPX).
SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UWMC or SWPPX.
Correlation
The correlation between UWMC and SWPPX is 0.34, 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
UWMC vs. SWPPX - Performance Comparison
Key characteristics
UWMC:
0.02
SWPPX:
1.75
UWMC:
0.34
SWPPX:
2.35
UWMC:
1.04
SWPPX:
1.32
UWMC:
0.02
SWPPX:
2.66
UWMC:
0.05
SWPPX:
10.97
UWMC:
21.24%
SWPPX:
2.05%
UWMC:
42.55%
SWPPX:
12.89%
UWMC:
-76.27%
SWPPX:
-55.06%
UWMC:
-37.91%
SWPPX:
-2.12%
Returns By Period
In the year-to-date period, UWMC achieves a 9.88% return, which is significantly higher than SWPPX's 2.41% return.
UWMC
9.88%
4.71%
-30.26%
3.11%
N/A
N/A
SWPPX
2.41%
-1.09%
7.40%
19.76%
14.27%
12.77%
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Risk-Adjusted Performance
UWMC vs. SWPPX — Risk-Adjusted Performance Rank
UWMC
SWPPX
UWMC vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UWM Holdings Corporation (UWMC) 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
UWMC vs. SWPPX - Dividend Comparison
UWMC's dividend yield for the trailing twelve months is around 6.20%, more than SWPPX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UWMC UWM Holdings Corporation | 6.20% | 6.81% | 5.59% | 12.08% | 6.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.20% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
UWMC vs. SWPPX - Drawdown Comparison
The maximum UWMC drawdown since its inception was -76.27%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for UWMC and SWPPX. For additional features, visit the drawdowns tool.
Volatility
UWMC vs. SWPPX - Volatility Comparison
UWM Holdings Corporation (UWMC) has a higher volatility of 10.76% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.43%. This indicates that UWMC's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.