WKHS vs. SWPPX
Compare and contrast key facts about Workhorse Group Inc. (WKHS) 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: WKHS or SWPPX.
Key characteristics
| WKHS | SWPPX | |
|---|---|---|
| YTD Return | -41.94% | 10.53% |
| 1Y Return | -76.47% | 28.76% |
| 3Y Return (Ann) | -70.55% | 9.61% |
| 5Y Return (Ann) | -32.73% | 14.66% |
| 10Y Return (Ann) | -16.82% | 12.86% |
| Sharpe Ratio | -0.87 | 2.50 |
| Daily Std Dev | 88.69% | 11.68% |
| Max Drawdown | -99.63% | -55.06% |
| Current Drawdown | -99.49% | -0.01% |
Correlation
The correlation between WKHS and SWPPX is 0.15, 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
WKHS vs. SWPPX - Performance Comparison
In the year-to-date period, WKHS achieves a -41.94% return, which is significantly lower than SWPPX's 10.53% return. Over the past 10 years, WKHS has underperformed SWPPX with an annualized return of -16.82%, while SWPPX has yielded a comparatively higher 12.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WKHS vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Workhorse Group Inc. (WKHS) 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
WKHS vs. SWPPX - Dividend Comparison
WKHS has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WKHS Workhorse Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.30% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
WKHS vs. SWPPX - Drawdown Comparison
The maximum WKHS drawdown since its inception was -99.63%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for WKHS and SWPPX. For additional features, visit the drawdowns tool.
Volatility
WKHS vs. SWPPX - Volatility Comparison
Workhorse Group Inc. (WKHS) has a higher volatility of 37.26% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.36%. This indicates that WKHS'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.