SWPPX vs VOO
SWPPX vs VOO
Schwab S&P 500 Index Fund vs Vanguard S&P 500 ETF
Quick Verdict
SWPPX has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SWPPX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.02% | 0.03% | |
| AUM | $142.8B | $979.0B | |
| Dividend Yield | 1.01% | 1.09% | |
| Holdings | 502 | 509 | |
| YTD Return | +13.32% | +13.11% | |
| 1Y Return | -79.56% | +22.88% | |
| 3Y Return (annualized) | -34.21% | +21.08% | |
| 5Y Return (annualized) | -21.90% | +13.26% | |
| Volatility (annualized) | 40.5% | 14.1% | |
| Max Drawdown | -83.7% | -34.3% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 19, 1997 | Sep 7, 2010 |
SWPPX vs VOO Performance
Schwab S&P 500 Index Fund (SWPPX) is a mutual fund from Charles Schwab Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SWPPX returned -79.56% while VOO returned +22.88%. Year to date, SWPPX is up 13.32% versus a gain of 13.11% for VOO.
Over three years, SWPPX compounded at -34.21% per year against +21.08% for VOO; over five years the annualized figures are -21.90% and +13.26% respectively. Across the full 5-year window we track, VOO has the edge at +13.54% annualized vs -21.90%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SWPPX has been the more volatile fund, with annualized monthly volatility of 40.5% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -83.7% for SWPPX and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.34. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SWPPX charges 0.02% per year while VOO charges 0.03%. On a $10,000 position that is $2 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, SWPPX currently yields 1.01% against 1.09% for VOO.
Holdings Overlap
SWPPX and VOO share 484 holdings out of 521 unique holdings combined, representing a 86.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in SWPPX | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.80% | 7.51% | 0.29% |
| AAPL | 6.44% | 6.59% | 0.15% |
| MSFT | 5.37% | 4.30% | 1.07% |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| BRK.B | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings SWPPX shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SWPPX or VOO?
SWPPX has an expense ratio of 0.02% while VOO charges 0.03%. SWPPX is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, SWPPX or VOO?
Over the past year SWPPX returned -79.56% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), SWPPX annualized -21.90% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, SWPPX or VOO?
SWPPX has been the more volatile fund at 40.5% annualized versus 14.1% for VOO. Worst drawdown: SWPPX -83.7% vs VOO -34.3%.
Should I hold both SWPPX and VOO?
SWPPX and VOO have a monthly-return correlation of 0.34, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SWPPX and VOO?
SWPPX and VOO share 484 common holdings with a 86.4% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, SWPPX or VOO?
SWPPX yields 1.01% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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