VVPSX vs. SWSSX

Last updated Apr 1, 2026

Compare and contrast key facts about Vulcan Value Partners Small Cap Fund (VVPSX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX).

VVPSX is managed by Vulcan Value Partners. It was launched on Dec 30, 2009. SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997.

Performance

VVPSX vs. SWSSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vulcan Value Partners Small Cap Fund (VVPSX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). The values are adjusted to include any dividend payments, if applicable.

VVPSX vs. SWSSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VVPSX Vulcan Value Partners Small Cap Fund	-9.95%	8.87%	-1.40%	19.75%	-45.18%	45.53%	-3.33%	35.94%	-14.51%	11.42%
SWSSX Schwab Small-Cap Index Fund-Select Shares	-2.49%	12.88%	11.57%	17.07%	-20.43%	14.77%	20.12%	25.63%	-11.19%	14.76%

Returns By Period

In the year-to-date period, VVPSX achieves a -9.95% return, which is significantly lower than SWSSX's -2.49% return. Over the past 10 years, VVPSX has underperformed SWSSX with an annualized return of 2.87%, while SWSSX has yielded a comparatively higher 9.50% annualized return.

VVPSX

• 1D: -0.44%
• 1M: -14.38%
• YTD: -9.95%
• 6M: -7.23%
• 1Y: 3.09%
• 3Y*: 2.34%
• 5Y*: -5.22%
• 10Y*: 2.87%

SWSSX

• 1D: -1.45%
• 1M: -8.18%
• YTD: -2.49%
• 6M: -0.36%
• 1Y: 21.55%
• 3Y*: 11.83%
• 5Y*: 3.10%
• 10Y*: 9.50%

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

VVPSX vs. SWSSX - Expense Ratio Comparison

VVPSX has a 1.25% expense ratio, which is higher than SWSSX's 0.04% expense ratio.

VVPSX

Vulcan Value Partners Small Cap Fund

SWSSX

Schwab Small-Cap Index Fund-Select Shares

Return for Risk

VVPSX vs. SWSSX — Risk / Return Rank

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

VVPSX

VVPSX Risk / Return Rank: 7
VVPSX Sharpe Ratio Rank: 7
VVPSX Sortino Ratio Rank: 7
VVPSX Omega Ratio Rank: 7
VVPSX Calmar Ratio Rank: 7
VVPSX Martin Ratio Rank: 7

SWSSX

SWSSX Risk / Return Rank: 50
SWSSX Sharpe Ratio Rank: 47
SWSSX Sortino Ratio Rank: 52
SWSSX Omega Ratio Rank: 41
SWSSX Calmar Ratio Rank: 58
SWSSX Martin Ratio Rank: 52

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.

VVPSX vs. SWSSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vulcan Value Partners Small Cap Fund (VVPSX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). 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.

	VVPSX	SWSSX	Difference
Sharpe ratio Return per unit of total volatility	0.11	0.91	-0.80
Sortino ratio Return per unit of downside risk	0.31	1.40	-1.10
Omega ratio Gain probability vs. loss probability	1.04	1.18	-0.14
Calmar ratio Return relative to maximum drawdown	0.06	1.33	-1.27
Martin ratio Return relative to average drawdown	0.19	5.02	-4.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VVPSX vs. SWSSX - Sharpe Ratio Comparison

The current VVPSX Sharpe Ratio is 0.11, which is lower than the SWSSX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of VVPSX and SWSSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VVPSX	SWSSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	0.91	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.14	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	0.40	-0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.33	-0.07

Correlation

The correlation between VVPSX and SWSSX is 0.86, 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.

Dividends

VVPSX vs. SWSSX - Dividend Comparison

VVPSX's dividend yield for the trailing twelve months is around 2.64%, more than SWSSX's 1.32% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VVPSX Vulcan Value Partners Small Cap Fund	2.64%	2.38%	1.17%	0.35%	14.10%	22.85%	0.09%	4.60%	18.92%	6.38%	0.32%	0.00%
SWSSX Schwab Small-Cap Index Fund-Select Shares	1.32%	1.29%	1.66%	1.49%	1.32%	8.88%	2.55%	6.12%	10.45%	5.22%	4.10%	6.92%

Drawdowns

VVPSX vs. SWSSX - Drawdown Comparison

The maximum VVPSX drawdown since its inception was -55.43%, smaller than the maximum SWSSX drawdown of -60.34%. Use the drawdown chart below to compare losses from any high point for VVPSX and SWSSX.

Drawdown Indicators

	VVPSX	SWSSX	Difference
Max Drawdown Largest peak-to-trough decline	-55.43%	-60.34%	+4.91%
Max Drawdown (1Y) Largest decline over 1 year	-16.65%	-13.90%	-2.75%
Max Drawdown (5Y) Largest decline over 5 years	-55.43%	-31.93%	-23.50%
Max Drawdown (10Y) Largest decline over 10 years	-55.43%	-41.81%	-13.62%
Current Drawdown Current decline from peak	-42.59%	-11.00%	-31.59%
Average Drawdown Average peak-to-trough decline	-16.00%	-10.78%	-5.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.31%	3.68%	+1.63%

Volatility

VVPSX vs. SWSSX - Volatility Comparison

The current volatility for Vulcan Value Partners Small Cap Fund (VVPSX) is 5.20%, while Schwab Small-Cap Index Fund-Select Shares (SWSSX) has a volatility of 6.59%. This indicates that VVPSX experiences smaller price fluctuations and is considered to be less risky than SWSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VVPSX	SWSSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.20%	6.59%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	12.14%	14.12%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	20.24%	23.11%	-2.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.36%	22.57%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.61%	24.03%	-0.42%