Schwab S&P 500 Index Fund at $19.28 becomes $104.22 at the SPDR S&P 500 ETF Trust AUM / Fund Size.
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Schwab S&P 500 Index Fund hypothetical price = Schwab S&P 500 Index Fund current price x (SPDR S&P 500 ETF Trust aum / fund size / Schwab S&P 500 Index Fund aum / fund size).
ETF and fund comparisons use AUM or fund size where available. Fund share counts and ETF creation/redemption mechanics mean this is a size benchmark, not a price forecast.
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It compares Schwab S&P 500 Index Fund as Asset A with SPDR S&P 500 ETF Trust as Asset B, using SPDR S&P 500 ETF Trust aum / fund size as the target size.
Schwab S&P 500 Index Fund hypothetical price = Schwab S&P 500 Index Fund current price x (SPDR S&P 500 ETF Trust aum / fund size / Schwab S&P 500 Index Fund aum / fund size).
Direction matters. Schwab S&P 500 Index Fund with SPDR S&P 500 ETF Trust's aum / fund size is different from SPDR S&P 500 ETF Trust with Schwab S&P 500 Index Fund's aum / fund size because the starting price, supply, shares, or size metric changes.