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SPWIX

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1d
1w
1m

Analysis and statistics

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About

SPWIX.US refers to the Schwab S&P 500 Index Fund, a mutual fund offered by Charles Schwab. This fund aims to track the performance of the S&P 500 index, which represents the 500 largest publicly traded companies in the United States. The fund invests in a portfolio of stocks that mirrors the composition of the S&P 500, seeking to provide investors with returns that closely resemble the index's performance before fees and expenses.
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Factors

VIX Futures: SPWIX tracks short-term VIX futures, so their prices heavily influence SPWIX.

Market Volatility Expectations: Changes in anticipated market volatility directly impact VIX futures and subsequently SPWIX.

Supply and Demand: Supply and demand for SPWIX shares themselves impact its price, especially during periods of market stress.

Time Decay: VIX futures and thus SPWIX, experience time decay, losing value as expiration nears if volatility expectations don't increase.

Interest Rates: Changes in interest rates can impact the pricing of VIX futures contracts.

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