Schwab Balanced Fund™ (SWOBX) 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 SWOBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SWOBX
SWOBX charges 0.51% annually. There are 194 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | SWOBX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | SWOBX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SWOBX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | SWOBX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | SWOBX vs BWBIX |
Best Risk-Adjusted Alternatives to SWOBX
SWOBX has a PortfoliosLab risk / return rank of 40. There are 453 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 | SWOBX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | SWOBX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | SWOBX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | SWOBX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | SWOBX vs FSRRX |
Top Performing SWOBX Alternatives (YTD)
SWOBX is at 4.03% YTD. There are 429 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | SWOBX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | SWOBX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | SWOBX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | SWOBX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | SWOBX vs BRUFX |
Lowest Volatility Alternatives to SWOBX
SWOBX has 9.37% 1-year volatility. There are 331 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | SWOBX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | SWOBX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | SWOBX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | SWOBX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | SWOBX vs CSTAX |
Lowest Drawdown Alternatives to SWOBX
SWOBX has a 1-year max drawdown of -6.58%. There are 303 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 | SWOBX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | SWOBX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | SWOBX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | SWOBX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | SWOBX 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 $247B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Fund | Large Cap Blend Equities, S&P 500 | 63 | 9.35% | 144.34B | May 1997 | SWOBX vs SWPPX | |
| Schwab Prime Advantage Money Fund Investor Shares | Money Market | — | 1.74% | 247.33B | Apr 1992 | SWOBX vs SWVXX | |
| Schwab Total Stock Market Index Fund | Large Cap Blend Equities | 63 | 9.82% | 44.09B | Jun 1999 | SWOBX vs SWTSX | |
| Schwab U.S. Large-Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.51% | 4.75B | Dec 2017 | SWOBX vs SWLGX | |
| Schwab International Index Fund | Foreign Large Cap Equities | 69 | 12.67% | 14.81B | May 1997 | SWOBX vs SWISX | |
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 21 | -0.73% | 8.24B | — | SWOBX vs SWAGX | |
| Schwab 1000 Index Fund | Large Cap Blend Equities | 60 | 9.62% | 22.19B | Apr 1991 | SWOBX vs SNXFX | |
| Schwab Fundamental US Large Company Index Fund | Large Cap Value Equities | 96 | 17.37% | 13.18B | Apr 2007 | SWOBX vs SFLNX | |
| Schwab Large-Cap Growth Fund™ | Large Cap Growth Equities | 18 | 3.77% | 598.86M | Oct 2005 | SWOBX vs SWLSX | |
| Schwab Small-Cap Index Fund-Select Shares | Small Cap Blend Equities | 79 | 19.46% | 7.55B | May 1997 | SWOBX vs SWSSX |
Often Compared With SWOBX
Investors most often compare SWOBX with VWENX, FBALX, VBIAX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare SWOBX with Any Fund or Stock
Compare SWOBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SWOBX with funds that move differently
Schwab Balanced Fund™ alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SWOBX.
Explore SWOBX Diversifiers