Schwab S&P 500 Index
SWPPX (NASDAQ)
The Schwab S&P 500 Index (SWPPX) is an attractive option for investors seeking a low-cost core portfolio holding, featuring a minimal expense ratio of just 0.02%. With a solid 1-year return of 15.34% and an impressive 5-year return of 85.62%, this top-rated fund has earned a 4-star rating from Morningstar, reflecting its strong risk-adjusted performance among its peers. Currently, SWPPX holds a consensus rating of Moderate Buy, supported by 410 buy ratings, indicating positive sentiment among analysts.
Pros:
- Low expense ratio
- Strong historical performance
Cons:
- Market risk exposure
- Annual distribution may be less appealing for some investors
The Schwab S&P 500 Index (SWPPX) may be suitable for long-term investors looking for a low-cost, passive investment that tracks the performance of the S&P 500, particularly those who value strong historical returns and a minimal expense ratio. Its solid performance and favorable analyst ratings suggest it could be a reliable core holding in a diversified portfolio.