Significant Downturn in Schwab Funds

• The Schwab 1000 Index Fund Investor Shares (NYSE:SNXFX) saw a 90.03% drop, indicating a major shift in market performance.
• The Schwab U.S. Large-Cap Growth Index Fund and the Schwab Total Stock Market Index Fund experienced declines of 87.53% and 85.75%, respectively, reflecting volatility in their sectors.
• The Schwab S&P 500 Index Fund and the Schwab U.S. Mid-Cap Index Fund also faced significant downturns, with decreases of 83.38% and 80.05%, highlighting challenges in large-cap and mid-cap stocks.

The recent market data highlights a significant downturn for several Schwab funds, indicating a notable shift in their market performance. The Schwab 1000 Index Fund Investor Shares (NYSE:SNXFX) experienced a dramatic decrease, plunging by $125.36 to a new price of $13.89, representing a staggering 90.03% drop. This fund aims to replicate the performance of the Schwab 1000 Index, primarily investing in stocks and derivatives like futures contracts.

The Schwab Capital Trust - Schwab U.S. Large-Cap Growth Index Fund (NYSE:SWLGX) saw its price fall to $16.67, down by $117.05, translating to an 87.53% decrease. This fund tracks the Russell 1000® Growth Index, which includes large-cap growth stocks. The fund's yearly price fluctuated between $16.67 and $133.72, reflecting the volatility in the large-cap growth sector.

The Schwab Total Stock Market Index Fund Select Shares (NYSE:SWTSX) dropped by $93.69 to $15.57, marking an 85.75% fall. This fund aims to give the same weight to stocks as its corresponding index, providing broad exposure to the U.S. stock market. Its price range shifted from $15.57 to $109.39 over the year, indicating significant market fluctuations.

The Schwab S&P 500 Index Fund- Select Shares (NYSE:SWPPX) experienced an $83.42 decline to $16.63, an 83.38% decrease. This fund seeks to replicate the performance of the S&P 500 Index, which is a benchmark for large-cap U.S. stocks. The fund's yearly price range was from $16.63 to $100.05, showing the impact of market trends on large-cap stocks.

Lastly, the Schwab Capital Trust - Schwab U.S. Mid-Cap Index Fund (NYSE:SWMCX) saw its price decrease by $57.23 to $14.26, an 80.05% drop. This fund focuses on the Russell Midcap® Index, which includes mid-cap stocks. Its price range for the year was between $14.26 and $73.32, highlighting the challenges faced by mid-cap stocks.

These significant price movements reflect a tumultuous period for these funds, with each experiencing drastic reductions in their market value. The reasons behind these sharp declines could range from broader market trends affecting the sectors and indexes these funds track to specific fund management decisions. Investors in these funds are likely to be closely