- ISIN
- US8085098635
- CUSIP
- 808509863
- Issuer
- Charles Schwab
- Inception Date
- Nov 17, 1996
- Category
- Diversified Portfolio
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $765M
Share Price Chart
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Performance
SWOBX Performance Chart
Schwab Balanced Fund™ (SWOBX) is up 5.4% since the beginning of the year. SWOBX is currently trading at $19 per share. Investors who bought $1,000 worth of SWOBX shares 5 years ago would now be looking at an investment worth $1,381.
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Returns By Period
Schwab Balanced Fund™ (SWOBX) has returned 5.37% so far this year and 16.17% over the past 12 months. Over the last ten years, SWOBX has returned 8.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Schwab Balanced Fund™
- 1D
- 0.91%
- 1M
- 0.53%
- YTD
- 5.37%
- 6M
- 5.11%
- 1Y
- 16.17%
- 3Y*
- 12.46%
- 5Y*
- 6.67%
- 10Y*
- 8.91%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SWOBX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1997, SWOBX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 64% of months were positive and 36% were negative. The best month was Dec 1999 with a return of +9.2%, while the worst month was Oct 2008 at -10.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SWOBX closed higher 51% of trading days. The best single day was Dec 29, 2022 with a return of +10.3%, while the worst single day was Dec 30, 2022 at -8.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.12% | 0.28% | -4.19% | 6.28% | 2.65% | -0.58% | 5.37% | ||||||
| 2025 | 1.91% | -0.70% | -3.49% | 0.55% | 3.47% | 3.53% | 0.63% | 2.03% | 2.33% | 1.89% | 0.32% | -0.20% | 12.76% |
| 2024 | 0.19% | 2.82% | 1.81% | -3.36% | 3.86% | 2.32% | 1.37% | 2.00% | 1.56% | -1.93% | 3.35% | -1.84% | 12.51% |
| 2023 | 6.25% | -2.70% | 3.13% | 1.14% | -0.13% | 3.53% | 2.12% | -1.58% | -3.97% | -2.33% | 7.10% | 5.05% | 18.25% |
| 2022 | -4.70% | -2.49% | -0.23% | -7.00% | 0.43% | -5.55% | 6.20% | -4.07% | -7.41% | 3.42% | 5.36% | -3.46% | -18.86% |
| 2021 | -0.40% | 1.14% | 1.75% | 3.55% | 0.43% | 2.08% | 1.52% | 1.70% | -3.39% | 3.51% | -0.46% | 2.61% | 14.76% |
Benchmark Metrics
Schwab Balanced Fund™ has an annualized alpha of 2.21%, beta of 0.57, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since January 02, 1997.
- This fund participated in 65.43% of S&P 500 Index downside but only 64.62% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.21% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.57 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.21%
- Beta
- 0.57
- R²
- 0.83
- Upside Capture
- 64.62%
- Downside Capture
- 65.43%
Expense Ratio
SWOBX has an expense ratio of 0.00%, meaning no management fees are charged.
Return for Risk
Risk / Return Rank
SWOBX ranks 45 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Schwab Balanced Fund™ (SWOBX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWOBX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 2.78 | -0.36 |
| Martin ratioReturn relative to average drawdown | 10.43 | 12.44 | -2.01 |
Dividends
Dividend History
Schwab Balanced Fund™ provided a 5.20% dividend yield over the last twelve months, with an annual payout of $0.98 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.98 | $0.98 | $0.83 | $0.88 | $1.42 | $1.23 | $0.52 | $0.82 | $0.98 | $0.50 | $1.08 | $1.08 |
Dividend yield | 5.20% | 5.47% | 4.94% | 5.67% | 10.21% | 6.47% | 2.97% | 5.21% | 7.11% | 3.20% | 7.83% | 7.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Schwab Balanced Fund™. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 | $0.98 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.42 | $1.42 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $1.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Schwab Balanced Fund™. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Schwab Balanced Fund™ was 35.99%, occurring on Mar 9, 2009. Recovery took 484 trading sessions.
The current Schwab Balanced Fund™ drawdown is 0.84%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -35.99%Mar 2009 | 1y 5mo | 1y 11mo | 3y 4moOct 2007 - Feb 2011 |
Dot-com crash2000–2002 | -30.72%Oct 2002 | 2y 7mo | 2y 1mo | 4y 8moMar 2000 - Nov 2004 |
Bear market2022 | -28.30%Oct 2022 | 9mo 17d | 1y 10mo | 2y 7moDec 2021 - Aug 2024 |
COVID crash2020 | -22.36%Mar 2020 | 1mo 2d | 3mo 29d | 5mo 1dFeb 2020 - Jul 2020 |
1998 correction1998 | -16.46%Oct 1998 | 2mo 19d | 2mo 21d | 5mo 10dJul 1998 - Dec 1998 |
Drawdown Indicators
| SWOBX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -56.78% | +20.79% |
Max Drawdown (1Y)Largest decline over 1 year | -6.58% | -9.10% | +2.52% |
Max Drawdown (3Y)Largest decline over 3 years | -11.72% | -18.90% | +7.18% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -25.43% | -2.87% |
Max Drawdown (10Y)Largest decline over 10 years | -28.30% | -33.92% | +5.62% |
Current DrawdownCurrent decline from peak | -0.84% | -1.80% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -10.71% | +4.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 2.03% | -0.50% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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