WPLCX vs. SWLVX

Last updated Jun 24, 2026

WPLCX (WP Large Cap Income Plus Fund) and SWLVX (Schwab U.S. Large-Cap Value Index Fund) are both Large Cap Value Equities funds. Over the past 5 years, WPLCX returned 5.32%/yr vs 11.43%/yr for SWLVX. A 0.80 correlation means they provide meaningful diversification when combined. WPLCX charges 2.33%/yr vs 0.04%/yr for SWLVX.

Performance

WPLCX vs. SWLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WP Large Cap Income Plus Fund (WPLCX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WPLCX achieves a 10.33% return, which is significantly lower than SWLVX's 16.67% return.

WPLCX

• 1D: 0.00%
• 1M: 1.11%
• YTD: 10.33%
• 6M: 9.12%
• 1Y: 25.03%
• 3Y*: 20.22%
• 5Y*: 5.32%
• 10Y*: 8.66%

SWLVX

• 1D: 0.58%
• 1M: 3.44%
• YTD: 16.67%
• 6M: 15.95%
• 1Y: 29.76%
• 3Y*: 19.02%
• 5Y*: 11.43%
• 10Y*: —

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

WPLCX vs. SWLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WPLCX WP Large Cap Income Plus Fund	10.33%	16.54%	19.35%	25.92%	-35.46%	22.54%	-22.55%	52.10%	-16.58%	-0.05%
SWLVX Schwab U.S. Large-Cap Value Index Fund	16.67%	15.87%	14.36%	11.45%	-7.61%	25.15%	2.64%	26.49%	-8.39%	0.30%

Correlation

The correlation between WPLCX and SWLVX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 19, 2017	0.80

The correlation between WPLCX and SWLVX shifts across timeframes, from 0.65 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WPLCX vs. SWLVX — Risk / Return Rank

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

WPLCX

WPLCX Risk / Return Rank: 32
WPLCX Sharpe Ratio Rank: 33
WPLCX Sortino Ratio Rank: 36
WPLCX Omega Ratio Rank: 34
WPLCX Calmar Ratio Rank: 29
WPLCX Martin Ratio Rank: 30

SWLVX

SWLVX Risk / Return Rank: 89
SWLVX Sharpe Ratio Rank: 90
SWLVX Sortino Ratio Rank: 87
SWLVX Omega Ratio Rank: 82
SWLVX Calmar Ratio Rank: 91
SWLVX Martin Ratio Rank: 94

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.

WPLCX vs. SWLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WP Large Cap Income Plus Fund (WPLCX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WPLCX	SWLVX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.75	-1.21
Sortino ratio: Return per unit of downside risk	2.31	3.83	-1.52
Omega ratio: Gain probability vs. loss probability	1.28	1.50	-0.21
Calmar ratio: Return relative to maximum drawdown	1.91	4.53	-2.62
Martin ratio: Return relative to average drawdown	6.53	18.90	-12.38

WPLCX vs. SWLVX - Sharpe Ratio Comparison

The current WPLCX Sharpe Ratio is 1.54, which is lower than the SWLVX Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of WPLCX and SWLVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WPLCX vs. SWLVX - Drawdown Comparison

The maximum WPLCX drawdown since its inception was -66.21%, which is greater than SWLVX's maximum drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for WPLCX and SWLVX.

Drawdown Indicators

	WPLCX	SWLVX	Difference
Max Drawdown Largest peak-to-trough decline	-66.21%	-38.34%	-27.87%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-6.82%	-6.86%
Max Drawdown (3Y) Largest decline over 3 years	-23.09%	-15.61%	-7.48%
Max Drawdown (5Y) Largest decline over 5 years	-43.93%	-19.05%	-24.88%
Max Drawdown (10Y) Largest decline over 10 years	-66.21%	—	—
Current Drawdown Current decline from peak	-3.06%	-0.05%	-3.01%
Average Drawdown Average peak-to-trough decline	-13.28%	-4.81%	-8.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	1.63%	+2.36%

Volatility

WPLCX vs. SWLVX - Volatility Comparison

The current volatility for WP Large Cap Income Plus Fund (WPLCX) is 3.46%, while Schwab U.S. Large-Cap Value Index Fund (SWLVX) has a volatility of 3.98%. This indicates that WPLCX experiences smaller price fluctuations and is considered to be less risky than SWLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WPLCX	SWLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	3.98%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	14.45%	8.69%	+5.76%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	11.26%	+5.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.96%	14.89%	+11.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.17%	18.54%	+13.63%

WPLCX vs. SWLVX - Expense Ratio Comparison

WPLCX has a 2.33% expense ratio, which is higher than SWLVX's 0.04% expense ratio.

Dividends

WPLCX vs. SWLVX - Dividend Comparison

WPLCX has not paid dividends to shareholders, while SWLVX's dividend yield for the trailing twelve months is around 1.73%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWLVX Schwab U.S. Large-Cap Value Index Fund	1.73%	2.02%	2.75%	2.56%	2.29%	4.86%	2.00%	4.35%	1.87%	0.00%	0.00%	0.00%
WPLCX WP Large Cap Income Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.28%	0.74%	2.41%	0.11%	2.56%	0.18%	0.19%

Frequently Asked Questions

Can I hold both WPLCX and SWLVX in my portfolio?

WPLCX and SWLVX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WPLCX or SWLVX?

SWLVX has higher volatility (3.98%) compared to WPLCX (3.46%). In terms of maximum drawdown, WPLCX dropped -66.21% vs SWLVX's -38.34%.

Which has better risk-adjusted returns?

SWLVX currently has the higher Sharpe Ratio (2.75 vs 1.54), 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.