VOOG vs. SWVXX

Last updated Jun 9, 2026

VOOG (Vanguard S&P 500 Growth ETF) and SWVXX (Schwab Prime Advantage Money Fund Investor Shares) are both funds - VOOG is a S&P 500 fund tracking the S&P 500 Growth Index, while SWVXX is a Money Market fund actively managed by Charles Schwab. VOOG is passively managed, while SWVXX is actively managed. Over the past 5 years, VOOG returned 15.20%/yr vs 3.14%/yr for SWVXX. At a correlation of -0.01, they often move in opposite directions. VOOG charges 0.07%/yr vs 0.34%/yr for SWVXX.

Performance

VOOG vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P 500 Growth ETF (VOOG) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VOOG achieves a 10.10% return, which is significantly higher than SWVXX's 1.45% return.

VOOG

• 1D: 0.65%
• 1M: -0.20%
• YTD: 10.10%
• 6M: 9.55%
• 1Y: 29.06%
• 3Y*: 26.66%
• 5Y*: 15.20%
• 10Y*: 17.80%

SWVXX

• 1D: 0.00%
• 1M: 0.29%
• YTD: 1.45%
• 6M: 1.77%
• 1Y: 3.85%
• 3Y*: 4.71%
• 5Y*: 3.14%
• 10Y*: —

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

VOOG vs. SWVXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VOOG Vanguard S&P 500 Growth ETF	10.10%	22.11%	35.89%	29.96%	-29.48%	21.99%
SWVXX Schwab Prime Advantage Money Fund Investor Shares	1.45%	4.15%	5.16%	5.04%	0.00%	0.00%

Correlation

The correlation between VOOG and SWVXX is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (All Time) Calculated using the full available price history since May 26, 2021	-0.01

Return for Risk

VOOG vs. SWVXX — Risk / Return Rank

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

VOOG

VOOG Risk / Return Rank: 55
VOOG Sharpe Ratio Rank: 59
VOOG Sortino Ratio Rank: 56
VOOG Omega Ratio Rank: 56
VOOG Calmar Ratio Rank: 47
VOOG Martin Ratio Rank: 55

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.

VOOG vs. SWVXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Growth ETF (VOOG) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). 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.

	VOOG	SWVXX	Difference
Sharpe ratio: Return per unit of total volatility	1.79	3.71	-1.91
Sortino ratio: Return per unit of downside risk	2.41	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.13	—	—
Martin ratio: Return relative to average drawdown	8.74	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VOOG vs. SWVXX - Sharpe Ratio Comparison

The current VOOG Sharpe Ratio is 1.79, which is lower than the SWVXX Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of VOOG and SWVXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VOOG	SWVXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	3.71	-1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	2.95	-2.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	2.94	-2.05

Drawdowns

VOOG vs. SWVXX - Drawdown Comparison

The maximum VOOG drawdown since its inception was -32.73%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VOOG and SWVXX.

Drawdown Indicators

	VOOG	SWVXX	Difference
Max Drawdown Largest peak-to-trough decline	-32.73%	0.00%	-32.73%
Max Drawdown (1Y) Largest decline over 1 year	-13.71%	0.00%	-13.71%
Max Drawdown (3Y) Largest decline over 3 years	-22.18%	0.00%	-22.18%
Max Drawdown (5Y) Largest decline over 5 years	-32.73%	0.00%	-32.73%
Max Drawdown (10Y) Largest decline over 10 years	-32.73%	—	—
Current Drawdown Current decline from peak	-4.28%	0.00%	-4.28%
Average Drawdown Average peak-to-trough decline	-4.97%	0.00%	-4.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	0.00%	+3.33%

Volatility

VOOG vs. SWVXX - Volatility Comparison

Vanguard S&P 500 Growth ETF (VOOG) has a higher volatility of 5.61% compared to Schwab Prime Advantage Money Fund Investor Shares (SWVXX) at 0.29%. This indicates that VOOG's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOOG	SWVXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	0.29%	+5.32%
Volatility (6M) Calculated over the trailing 6-month period	13.04%	0.76%	+12.28%
Volatility (1Y) Calculated over the trailing 1-year period	16.31%	1.10%	+15.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.25%	1.09%	+20.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.77%	1.09%	+19.68%

VOOG vs. SWVXX - Expense Ratio Comparison

VOOG has a 0.07% expense ratio, which is lower than SWVXX's 0.34% expense ratio.

Dividends

VOOG vs. SWVXX - Dividend Comparison

VOOG's dividend yield for the trailing twelve months is around 0.45%, less than SWVXX's 3.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWVXX Schwab Prime Advantage Money Fund Investor Shares	3.77%	4.06%	5.02%	4.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOOG Vanguard S&P 500 Growth ETF	0.45%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%

Frequently Asked Questions

Can I hold both VOOG and SWVXX in my portfolio?

VOOG and SWVXX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VOOG or SWVXX?

VOOG has higher volatility (5.61%) compared to SWVXX (0.29%). In terms of maximum drawdown, VOOG dropped -32.73% vs SWVXX's 0.00%.

Which has better risk-adjusted returns?

SWVXX currently has the higher Sharpe Ratio (3.71 vs 1.79), 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.