Schwab S&P 500 Index is one of the cheapest options for well-diversified, low-turnover exposure to U.S. large-cap stocks. It employs full replication to track the performance of the S&P 500, a market-cap-weighted portfolio that is representative of the investment opportunity set within the large-blend Morningstar Category. Its razor-thin expense ratio gives the fund a durable performance edge over its category peers, earning it a Morningstar Analyst Rating of Gold.
Will SWPPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SWPPX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SWPPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SWPPX’s parent organization’s priorities and whether they’re in line with investors’ interests.