Schwab Monthly Income Fund - Enhanced Payout (SWKRX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SWKRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SWKRX
SWKRX charges 0.00% annually. No mutual funds in the Diversified Portfolio category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | SWKRX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | SWKRX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | SWKRX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SWKRX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | SWKRX vs VTMFX |
Best Risk-Adjusted Alternatives to SWKRX
SWKRX has a PortfoliosLab risk / return rank of 83. There are 58 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | SWKRX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | SWKRX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | SWKRX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 94 | — | Sep 2003 | SWKRX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | SWKRX vs AYBLX |
Top Performing SWKRX Alternatives (YTD)
SWKRX is at 7.22% YTD. There are 249 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 30.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 30.31% | — | Jan 1998 | SWKRX vs EKBAX | |
| Greenspring Fund | 19.30% | — | Jun 1983 | SWKRX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.84% | — | Aug 1998 | SWKRX vs MHELX | |
| ICON Equity Income Fund | 18.66% | — | May 2004 | SWKRX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.85% | — | Dec 2002 | SWKRX vs TIBIX |
Lowest Volatility Alternatives to SWKRX
SWKRX has 5.77% 1-year volatility. There are 84 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | SWKRX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | SWKRX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | SWKRX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | SWKRX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | SWKRX vs CSTAX |
Lowest Drawdown Alternatives to SWKRX
SWKRX has a 1-year max drawdown of -4.53%. There are 97 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | SWKRX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | SWKRX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | SWKRX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | SWKRX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | SWKRX vs CSTAX |
Other Mutual Funds from Charles Schwab
The 10 most viewed Charles Schwab mutual funds shown here include SWPPX, SWVXX, SWTSX and span 8 categories. AUM among these funds goes as high as $248B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Fund | Large Cap Blend Equities, S&P 500 | 69 | 11.29% | 145.69B | May 1997 | SWKRX vs SWPPX | |
| Schwab Prime Advantage Money Fund Investor Shares | Money Market | — | 1.74% | 247.96B | Apr 1992 | SWKRX vs SWVXX | |
| Schwab Total Stock Market Index Fund | Large Cap Blend Equities | 68 | 11.78% | 44.59B | Jun 1999 | SWKRX vs SWTSX | |
| Schwab U.S. Large-Cap Growth Index Fund | Large Cap Growth Equities | 17 | 4.73% | 4.94B | Dec 2017 | SWKRX vs SWLGX | |
| Schwab International Index Fund | Foreign Large Cap Equities | 43 | 10.83% | 14.63B | May 1997 | SWKRX vs SWISX | |
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 26 | 0.06% | 8.31B | — | SWKRX vs SWAGX | |
| Schwab 1000 Index Fund | Large Cap Blend Equities | 66 | 11.55% | 22.48B | Apr 1991 | SWKRX vs SNXFX | |
| Schwab Large-Cap Growth Fund™ | Large Cap Growth Equities | 26 | 9.31% | 626.43M | Oct 2005 | SWKRX vs SWLSX | |
| Schwab Fundamental US Large Company Index Fund | Large Cap Value Equities | 94 | 16.59% | 12.97B | Apr 2007 | SWKRX vs SFLNX | |
| Schwab Small-Cap Index Fund-Select Shares | Small Cap Blend Equities | 75 | 20.67% | 7.67B | May 1997 | SWKRX vs SWSSX |
Often Compared With SWKRX
Investors most often compare SWKRX with SWJRX, SWLRX, SCHD. These 19 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare SWKRX with Any Fund or Stock
Compare SWKRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SWKRX with funds that move differently
Schwab Monthly Income Fund - Enhanced Payout alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SWKRX.
Explore SWKRX Diversifiers