VGAVX vs. SWPPX
Compare and contrast key facts about Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) and Schwab S&P 500 Index Fund (SWPPX).
VGAVX is managed by Vanguard. It was launched on May 31, 2013. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
VGAVX vs. SWPPX - Performance Comparison
Loading graphics...
VGAVX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGAVX Vanguard Emerging Markets Government Bond Index Fund Admiral Shares | -2.24% | 12.98% | 6.27% | 10.44% | -16.68% | -1.74% | 5.82% | 14.01% | -2.77% | 8.45% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, VGAVX achieves a -2.24% return, which is significantly higher than SWPPX's -7.07% return. Over the past 10 years, VGAVX has underperformed SWPPX with an annualized return of 3.55%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
VGAVX
- 1D
- 0.06%
- 1M
- -3.80%
- YTD
- -2.24%
- 6M
- 0.50%
- 1Y
- 8.08%
- 3Y*
- 8.23%
- 5Y*
- 2.23%
- 10Y*
- 3.55%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VGAVX vs. SWPPX - Expense Ratio Comparison
VGAVX has a 0.20% 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%.
Return for Risk
VGAVX vs. SWPPX — Risk / Return Rank
VGAVX
SWPPX
VGAVX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) 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.
| VGAVX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.82 | 0.84 | +0.99 |
Sortino ratioReturn per unit of downside risk | 2.58 | 1.30 | +1.28 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.20 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.08 | 1.06 | +1.02 |
Martin ratioReturn relative to average drawdown | 8.71 | 5.14 | +3.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VGAVX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.82 | 0.84 | +0.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.68 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.76 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.48 | +0.16 |
Correlation
The correlation between VGAVX and SWPPX is 0.26, 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.
Dividends
VGAVX vs. SWPPX - Dividend Comparison
VGAVX's dividend yield for the trailing twelve months is around 5.44%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGAVX Vanguard Emerging Markets Government Bond Index Fund Admiral Shares | 5.44% | 5.88% | 6.56% | 5.50% | 5.29% | 4.27% | 4.20% | 4.60% | 4.54% | 4.62% | 4.73% | 4.94% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
VGAVX vs. SWPPX - Drawdown Comparison
The maximum VGAVX drawdown since its inception was -26.77%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for VGAVX and SWPPX.
Loading graphics...
Drawdown Indicators
| VGAVX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.77% | -55.06% | +28.29% |
Max Drawdown (1Y)Largest decline over 1 year | -3.97% | -12.10% | +8.13% |
Max Drawdown (5Y)Largest decline over 5 years | -26.77% | -24.51% | -2.26% |
Max Drawdown (10Y)Largest decline over 10 years | -26.77% | -33.80% | +7.03% |
Current DrawdownCurrent decline from peak | -3.92% | -8.89% | +4.97% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -10.00% | +5.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 2.49% | -1.54% |
Volatility
VGAVX vs. SWPPX - Volatility Comparison
The current volatility for Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) is 1.86%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. This indicates that VGAVX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VGAVX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.86% | 4.29% | -2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.70% | 9.11% | -6.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.52% | 18.14% | -13.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.27% | 16.89% | -10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.35% | 18.19% | -11.84% |