Schwab Short-Term Bond Index Fund (SWSBX)
The Schwab Short-Term Bond Index Fund (SWSBX) aims to closely follow the performance, before expenses and fees, of the Bloomberg US Government/Credit 1-5 Year Index. The index comprises U.S. investment-grade bonds such as U.S. Treasury bonds, government-related bonds, and corporate bonds with maturities ranging between 1-5 years. The index is a benchmark that measures the performance of U.S. dollar-denominated bonds with a maturity of at least one year and less than five years. The fund will invest at least 90% of its net assets in securities that are part of the index.
Fund Info
| ISIN | US8085176928 |
|---|---|
| CUSIP | 808517692 |
| Issuer | Charles Schwab |
| Inception Date | Feb 23, 2017 |
| Region | North America (U.S.) |
| Category | Short-Term Bond, Government Bonds |
| Min. Investment | $0 |
| Index Tracked | Bloomberg US Government/Credit 1-5 Year Index |
| Home Page | www.schwabassetmanagement.com |
| Asset Class | Bond |
Expense Ratio
SWSBX has an expense ratio of 0.06%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SWSBX vs. SWAGX, SWSBX vs. SWRSX, SWSBX vs. GSSRX, SWSBX vs. LALDX, SWSBX vs. VGIT, SWSBX vs. SWPPX, SWSBX vs. SGOV, SWSBX vs. SPHY, SWSBX vs. VPMCX, SWSBX vs. BNDW
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Schwab Short-Term Bond Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Schwab Short-Term Bond Index Fund had a return of 3.34% year-to-date (YTD) and 6.44% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.34% | 25.70% |
| 1 month | -0.18% | 3.51% |
| 6 months | 3.44% | 14.80% |
| 1 year | 6.44% | 37.91% |
| 5 years (annualized) | 1.13% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of SWSBX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.41% | -0.74% | 0.43% | -0.73% | 1.00% | 0.63% | 1.50% | 0.99% | 0.93% | -1.00% | 3.34% | ||
| 2023 | 1.17% | -1.16% | 1.86% | 0.43% | -0.48% | -0.58% | 0.37% | 0.18% | -0.45% | 0.09% | 1.71% | 1.60% | 4.79% |
| 2022 | -1.02% | -0.52% | -1.93% | -1.04% | 0.72% | -0.81% | 0.96% | -1.32% | -1.84% | -0.29% | 1.46% | 0.01% | -5.54% |
| 2021 | -0.02% | -0.31% | -0.21% | 0.18% | 0.26% | -0.21% | 0.37% | -0.13% | -0.22% | -0.52% | -0.03% | -0.51% | -1.35% |
| 2020 | 0.89% | 1.05% | 0.26% | 0.74% | 0.53% | 0.33% | 0.12% | 0.20% | 0.00% | -0.10% | 0.18% | -0.10% | 4.19% |
| 2019 | 0.51% | 0.10% | 0.92% | 0.21% | 0.92% | 0.80% | -0.09% | 1.10% | -0.10% | 0.30% | -0.11% | 0.29% | 4.94% |
| 2018 | -0.55% | -0.25% | 0.27% | -0.24% | 0.38% | -0.02% | 0.07% | 0.39% | -0.22% | 0.09% | 0.31% | 1.12% | 1.34% |
| 2017 | 0.02% | 0.05% | 0.33% | 0.28% | 0.02% | 0.33% | 0.34% | -0.26% | -0.06% | -0.26% | 0.05% | 0.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SWSBX is 44, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Schwab Short-Term Bond Index Fund (SWSBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Schwab Short-Term Bond Index Fund provided a 3.89% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.30 | $0.14 | $0.09 | $0.16 | $0.24 | $0.21 | $0.15 |
Dividend yield | 3.89% | 3.16% | 1.49% | 0.90% | 1.56% | 2.40% | 2.12% | 1.55% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.00 | $0.31 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.14 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2017 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.15 |
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.
Worst Drawdowns
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 8.97%, occurring on Oct 20, 2022. Recovery took 446 trading sessions.
The current Schwab Short-Term Bond Index Fund drawdown is 1.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.97% | Dec 15, 2020 | 466 | Oct 20, 2022 | 446 | Aug 1, 2024 | 912 |
| -1.84% | Mar 10, 2020 | 7 | Mar 18, 2020 | 30 | Apr 30, 2020 | 37 |
| -1.7% | Sep 11, 2017 | 171 | May 15, 2018 | 150 | Dec 18, 2018 | 321 |
| -1.44% | Oct 2, 2024 | 21 | Oct 30, 2024 | — | — | — |
| -0.98% | Sep 5, 2019 | 7 | Sep 13, 2019 | 13 | Oct 2, 2019 | 20 |
Volatility
Volatility Chart
The current Schwab Short-Term Bond Index Fund volatility is 0.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.