Schwab Short-Term Bond Index Fund (SWSBX)

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Schwab Short-Term Bond Index Fund (SWSBX) is up 0.3% since the beginning of the year. SWSBX is currently trading at $10 per share. Investors who bought $1,000 worth of SWSBX shares 5 years ago would now be looking at an investment worth $1,066.

Schwab Short-Term Bond Index Fund (SWSBX) has returned 0.34% so far this year and 3.64% over the past 12 months.

Based on dividend-adjusted daily data since Feb 23, 2017, SWSBX's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, an investment would double in approximately 36.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Mar 2023 with a return of +1.9%, while the worst month was Sep 2022 at -2.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 9 months.

On a daily basis, SWSBX closed higher 32% of trading days. The best single day was Mar 13, 2023 with a return of +1.0%, while the worst single day was Jun 13, 2022 at -0.7%.

Schwab Short-Term Bond Index Fund has an annualized alpha of 3.24%, beta of 0.03, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since February 24, 2017.

• This fund captured 10.66% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.41%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.03 may look defensive, but with R2 of 0.03 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.03 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SWSBX has an expense ratio of 0.06%, which is considered low.

SWSBX ranks 38 for risk / return — below 38% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Schwab Short-Term Bond Index Fund (SWSBX) and compare them to S&P 500 Index.

Schwab Short-Term Bond Index Fund provided a 4.13% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Schwab Short-Term Bond Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Schwab Short-Term Bond Index 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 Short-Term Bond Index Fund was 9.06%, occurring on Oct 20, 2022. Recovery took 468 trading sessions.

The current Schwab Short-Term Bond Index Fund drawdown is 0.63%.

The chart below shows the rolling one-month volatility.