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VTSAX vs. SWPPX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VTSAX vs. SWPPX

Last updated Jun 4, 2026

VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) and SWPPX (Schwab S&P 500 Index Fund) are both Large Cap Blend Equities funds. Over the past 10 years, VTSAX returned 15.12%/yr vs 15.63%/yr for SWPPX. With a 0.99 correlation, they move nearly in lockstep. VTSAX charges 0.04%/yr vs 0.02%/yr for SWPPX.

Performance

VTSAX vs. SWPPX - Performance Comparison

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

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with VTSAX having a 11.98% return and SWPPX slightly lower at 11.69%. Both investments have delivered pretty close results over the past 10 years, with VTSAX having a 15.12% annualized return and SWPPX not far ahead at 15.63%.

VTSAX

1D
0.24%
1M
5.76%
YTD
11.98%
6M
11.87%
1Y
29.09%
3Y*
22.34%
5Y*
13.04%
10Y*
15.12%

SWPPX

1D
0.15%
1M
5.83%
YTD
11.69%
6M
11.71%
1Y
28.97%
3Y*
22.73%
5Y*
14.26%
10Y*
15.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VTSAX vs. SWPPX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares		11.98%17.12%23.23%26.51%-19.52%25.72%20.98%30.79%-5.18%21.16%
SWPPX
Schwab S&P 500 Index Fund		11.69%17.87%24.96%26.26%-18.14%28.67%18.38%31.46%-4.47%21.81%

Correlation

The correlation between VTSAX and SWPPX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (3Y)
Calculated over the trailing 3-year period

0.99

Correlation (5Y)
Calculated over the trailing 5-year period

0.99

Correlation (10Y)
Calculated over the trailing 10-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Nov 14, 2000

0.99

The correlation between VTSAX and SWPPX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

VTSAX vs. SWPPX - Sectors Allocation Comparison

Sectors
VTSAX
SWPPX

Technology

33.3%
35.6%

Financial Services

11.9%
11.8%

Communication Services

10.1%
11.2%

Consumer Cyclical

9.8%
10.1%

Industrials

9.5%
8.3%

Healthcare

9.1%
8.5%

Consumer Defensive

4.7%
4.9%

Energy

3.8%
3.5%

Utilities

2.7%
2.4%

Real Estate

2.4%
1.9%

Basic Materials

2.0%
1.8%

Technology

VTSAX
33.3%
SWPPX
35.6%

Financial Services

VTSAX
11.9%
SWPPX
11.8%

Communication Services

VTSAX
10.1%
SWPPX
11.2%

Consumer Cyclical

VTSAX
9.8%
SWPPX
10.1%

Industrials

VTSAX
9.5%
SWPPX
8.3%

Healthcare

VTSAX
9.1%
SWPPX
8.5%

Consumer Defensive

VTSAX
4.7%
SWPPX
4.9%

Energy

VTSAX
3.8%
SWPPX
3.5%

Utilities

VTSAX
2.7%
SWPPX
2.4%

Real Estate

VTSAX
2.4%
SWPPX
1.9%

Basic Materials

VTSAX
2.0%
SWPPX
1.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Total Stock Market Index Fund Admiral Shares

Schwab S&P 500 Index Fund

Often compared with VTSAX:
VTSAX vs. VOOVTSAX vs. VTIAXVTSAX vs. SWTSXVTSAX vs. FSKAXVTSAX vs. VTIVTSAX vs. SPYVTSAX vs. VTWAX
Often compared with SWPPX:
SWPPX vs. VOOSWPPX vs. SWTSXSWPPX vs. SCHXSWPPX vs. SCHDSWPPX vs. SWLGXSWPPX vs. SNXFXSWPPX vs. QQQ

Return for Risk

VTSAX vs. SWPPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VTSAX
VTSAX Risk / Return Rank: 7171
Overall Rank
VTSAX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
VTSAX Sortino Ratio Rank: 6565
Sortino Ratio Rank
VTSAX Omega Ratio Rank: 6363
Omega Ratio Rank
VTSAX Calmar Ratio Rank: 7474
Calmar Ratio Rank
VTSAX Martin Ratio Rank: 8383
Martin Ratio Rank
SWPPX
SWPPX Risk / Return Rank: 7373
Overall Rank
SWPPX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
SWPPX Sortino Ratio Rank: 6767
Sortino Ratio Rank
SWPPX Omega Ratio Rank: 6767
Omega Ratio Rank
SWPPX Calmar Ratio Rank: 7474
Calmar Ratio Rank
SWPPX Martin Ratio Rank: 8383
Martin Ratio Rank
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.

VTSAX vs. SWPPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) 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.

VTSAXSWPPXDifference
Sharpe ratioReturn per unit of total volatility
2.47
2.52

-0.05

Sortino ratioReturn per unit of downside risk
3.36
3.41

-0.05

Omega ratioGain probability vs. loss probability

1.44

1.46

-0.01

Calmar ratioReturn relative to maximum drawdown

3.37

3.36

+0.01

Martin ratioReturn relative to average drawdown

15.56

15.67

-0.11

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTSAX vs. SWPPX - Sharpe Ratio Comparison

The current VTSAX Sharpe Ratio is 2.47, which is comparable to the SWPPX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of VTSAX 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.

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Sharpe Ratios by Period

VTSAXSWPPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.47

2.52

-0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.85

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

0.86

-0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.51

-0.04

Drawdowns

VTSAX vs. SWPPX - Drawdown Comparison

The maximum VTSAX drawdown since its inception was -55.33%, roughly equal to the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for VTSAX and SWPPX.

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Drawdown Indicators

VTSAXSWPPXDifference

Max Drawdown

Largest peak-to-trough decline

-55.33%

-55.06%

-0.27%

Max Drawdown (1Y)

Largest decline over 1 year

-8.92%

-8.89%

-0.03%

Max Drawdown (3Y)

Largest decline over 3 years

-19.36%

-18.74%

-0.62%

Max Drawdown (5Y)

Largest decline over 5 years

-25.36%

-24.51%

-0.85%

Max Drawdown (10Y)

Largest decline over 10 years

-34.97%

-33.80%

-1.17%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-9.01%

-9.95%

+0.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.93%

1.90%

+0.03%

Volatility

VTSAX vs. SWPPX - Volatility Comparison

Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 2.95% and 2.83%, 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.

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Volatility by Period

VTSAXSWPPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.95%

2.83%

+0.12%

Volatility (6M)

Calculated over the trailing 6-month period

9.19%

8.98%

+0.21%

Volatility (1Y)

Calculated over the trailing 1-year period

12.19%

11.87%

+0.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.36%

16.93%

+0.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.41%

18.23%

+0.18%

VTSAX vs. SWPPX - Expense Ratio Comparison

VTSAX has a 0.04% 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%.

Dividends

VTSAX vs. SWPPX - Dividend Comparison

VTSAX's dividend yield for the trailing twelve months is around 1.00%, more than SWPPX's 0.99% yield.

PositionTTM20252024202320222021202020192018201720162015
SWPPX
Schwab S&P 500 Index Fund		0.99%1.11%1.23%1.43%1.67%1.27%1.81%1.95%2.67%1.79%2.55%3.17%
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares		1.00%1.11%1.26%1.42%1.65%1.20%1.41%1.76%2.03%1.71%1.92%1.98%

Frequently Asked Questions

With a correlation of 0.99, VTSAX and SWPPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

VTSAX has higher volatility (2.95%) compared to SWPPX (2.83%). In terms of maximum drawdown, VTSAX dropped -55.33% vs SWPPX's -55.06%.

SWPPX currently has the higher Sharpe Ratio (2.52 vs 2.47), 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.

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