^NDX vs. SWPPX
Compare and contrast key facts about NASDAQ 100 (^NDX) 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: ^NDX or SWPPX.
Correlation
The correlation between ^NDX and SWPPX is 0.87, 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.
Performance
^NDX vs. SWPPX - Performance Comparison
Key characteristics
^NDX:
0.44
SWPPX:
0.55
^NDX:
0.77
SWPPX:
0.90
^NDX:
1.11
SWPPX:
1.13
^NDX:
0.47
SWPPX:
0.58
^NDX:
1.56
SWPPX:
2.23
^NDX:
6.99%
SWPPX:
4.82%
^NDX:
25.24%
SWPPX:
19.34%
^NDX:
-82.90%
SWPPX:
-55.06%
^NDX:
-9.52%
SWPPX:
-7.58%
Returns By Period
In the year-to-date period, ^NDX achieves a -4.51% return, which is significantly lower than SWPPX's -3.30% return. Over the past 10 years, ^NDX has outperformed SWPPX with an annualized return of 16.32%, while SWPPX has yielded a comparatively lower 12.14% annualized return.
^NDX
-4.51%
17.40%
-4.92%
10.94%
16.88%
16.32%
SWPPX
-3.30%
13.73%
-4.57%
10.62%
15.87%
12.14%
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Risk-Adjusted Performance
^NDX vs. SWPPX — Risk-Adjusted Performance Rank
^NDX
SWPPX
^NDX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ 100 (^NDX) 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.
Drawdowns
^NDX vs. SWPPX - Drawdown Comparison
The maximum ^NDX drawdown since its inception was -82.90%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for ^NDX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
^NDX vs. SWPPX - Volatility Comparison
NASDAQ 100 (^NDX) has a higher volatility of 13.81% compared to Schwab S&P 500 Index Fund (SWPPX) at 11.18%. This indicates that ^NDX'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.