Mutual funds with Schwab : SWTSX or SWPPX?

I have mutual funds with Schwab. I actually thought i bought the SP500 but realized it was the SP1000. I’m new to this.Yes I know silly me! Well I kept on investing every month in the SWTSX and now I’m wondering if I should switch to the SWPPX. Or does if really matter and might as well keep SWTSX?
Thanks in advance for your input.

Hi @yami42!

Thank you for the question!! The good news is that SWTSX and SWPPX are very similar. SWTSX is slightly broader and includes medium sized and smaller companies as well. But the majority of the fund are large companies, like what are in the S&P 500.

Since they are very similar I don’t see any reason to change what you are doing!

I hope this helps. Let us know if there are any other questions!

Shane

Thank you Shane for your reply. Yes it does help, I really appreciate.