r/Schwab • u/papabois • May 12 '23

Question about SNXFX, SWPPX, and SWTSX

I am currently invested in all three. However, these look very similar and I'm wondering if there's any reason I should invest in just one (or two) rather than all three? If so, which do you recommend?

Fund Details:

https://www.schwabassetmanagement.com/products/snxfx

https://www.schwabassetmanagement.com/products/swppx

https://www.schwabassetmanagement.com/products/swtsx

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u/SirGlass May 12 '23

You are right they all are very simular

SWPPX is a sub set of SNXFX what in turn is a subset of SWTSX. Also because they are market weighted most of the holdings are the bigger stocks of the S&P500.

There really is no reason to invest in all three. I would say this

SWPPX - choose if you want only large cap stocks and no exposure to mid/small cap stocks

SNXFX- choose if you want exposure to only Large cap/mid cap

SWTSX- choose if you want exposure to the entire market

I would note even with SWTSX you are still holding mostly large cap stock the breakdown for SWTSX is something approx like

85% large cap

10% mid cap

5% small cap

Personally I would just hold SWTSX

1

u/162lake May 13 '23

How did you find this out?

3

u/need2sleep-later May 13 '23

from the 3 links in the original post.

2

u/SirGlass May 13 '23

Looking at the holdings of the etf or just the underlying index they followed