PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BNDX vs. SWVXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BNDX vs. SWVXX

Last updated Jun 13, 2026

BNDX (Vanguard Total International Bond ETF) and SWVXX (Schwab Prime Advantage Money Fund Investor Shares) are both funds - BNDX is a Global Bonds fund tracking the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged), while SWVXX is a Money Market fund actively managed by Charles Schwab. BNDX is passively managed, while SWVXX is actively managed. Over the past 5 years, BNDX returned 0.32%/yr vs 3.14%/yr for SWVXX. At a 0.02 correlation, their price movements are largely independent. BNDX charges 0.07%/yr vs 0.34%/yr for SWVXX.

Performance

BNDX vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Bond ETF (BNDX) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, BNDX achieves a 1.02% return, which is significantly lower than SWVXX's 1.45% return.

BNDX

1D
0.17%
1M
0.99%
YTD
1.02%
6M
1.22%
1Y
1.94%
3Y*
4.32%
5Y*
0.32%
10Y*
1.72%

SWVXX

1D
0.00%
1M
0.29%
YTD
1.45%
6M
1.77%
1Y
3.85%
3Y*
4.71%
5Y*
3.14%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BNDX vs. SWVXX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
BNDX
Vanguard Total International Bond ETF		1.02%2.86%3.57%8.77%-12.76%0.50%
SWVXX
Schwab Prime Advantage Money Fund Investor Shares		1.45%4.15%5.16%5.04%0.00%0.00%

Correlation

The correlation between BNDX and SWVXX is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.08

Correlation (3Y)
Calculated over the trailing 3-year period

0.01

Correlation (5Y)
Calculated over the trailing 5-year period

0.02

Correlation (All Time)
Calculated using the full available price history since May 25, 2021

0.02

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Total International Bond ETF

Schwab Prime Advantage Money Fund Investor Shares

Often compared with BNDX:
BNDX vs. BNDBNDX vs. BNDWBNDX vs. VTABXBNDX vs. IAGGBNDX vs. FBIIXBNDX vs. IGOVBNDX vs. VWOB
Often compared with SWVXX:
SWVXX vs. SGOVSWVXX vs. VMFXXSWVXX vs. SNSXXSWVXX vs. SPAXXSWVXX vs. SHVSWVXX vs. BILSWVXX vs. SWAGX

Return for Risk

BNDX vs. SWVXX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BNDX
BNDX Risk / Return Rank: 1818
Overall Rank
BNDX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
BNDX Sortino Ratio Rank: 1818
Sortino Ratio Rank
BNDX Omega Ratio Rank: 1818
Omega Ratio Rank
BNDX Calmar Ratio Rank: 1818
Calmar Ratio Rank
BNDX Martin Ratio Rank: 1919
Martin Ratio Rank
SWVXX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNDX vs. SWVXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Bond ETF (BNDX) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

BNDXSWVXXDifference
Sharpe ratioReturn per unit of total volatility
0.56
3.71

-3.15

Sortino ratioReturn per unit of downside risk
0.82

—

—

Omega ratioGain probability vs. loss probability

1.10

—

—

Calmar ratioReturn relative to maximum drawdown

0.66

—

—

Martin ratioReturn relative to average drawdown

1.84

—

—

BNDX vs. SWVXX - Sharpe Ratio Comparison

The current BNDX Sharpe Ratio is 0.56, which is lower than the SWVXX Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of BNDX and SWVXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

BNDX vs. SWVXX - Drawdown Comparison

The maximum BNDX drawdown since its inception was -16.23%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BNDX and SWVXX.

Loading charts...

Drawdown Indicators

BNDXSWVXXDifference

Max Drawdown

Largest peak-to-trough decline

-16.23%

0.00%

-16.23%

Max Drawdown (1Y)

Largest decline over 1 year

-2.93%

0.00%

-2.93%

Max Drawdown (3Y)

Largest decline over 3 years

-2.93%

0.00%

-2.93%

Max Drawdown (5Y)

Largest decline over 5 years

-15.86%

0.00%

-15.86%

Max Drawdown (10Y)

Largest decline over 10 years

-16.23%

—

—

Current Drawdown

Current decline from peak

-1.02%

0.00%

-1.02%

Average Drawdown

Average peak-to-trough decline

-3.10%

0.00%

-3.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.05%

0.00%

+1.05%

Volatility

BNDX vs. SWVXX - Volatility Comparison

Vanguard Total International Bond ETF (BNDX) has a higher volatility of 1.49% compared to Schwab Prime Advantage Money Fund Investor Shares (SWVXX) at 0.29%. This indicates that BNDX's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

BNDXSWVXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.49%

0.29%

+1.20%

Volatility (6M)

Calculated over the trailing 6-month period

2.96%

0.76%

+2.20%

Volatility (1Y)

Calculated over the trailing 1-year period

3.47%

1.10%

+2.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.89%

1.09%

+3.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.10%

1.09%

+3.01%

BNDX vs. SWVXX - Expense Ratio Comparison

BNDX has a 0.07% expense ratio, which is lower than SWVXX's 0.34% expense ratio.

Dividends

BNDX vs. SWVXX - Dividend Comparison

BNDX's dividend yield for the trailing twelve months is around 4.47%, more than SWVXX's 3.77% yield.

PositionTTM20252024202320222021202020192018201720162015
BNDX
Vanguard Total International Bond ETF		4.47%4.39%4.18%4.42%1.51%3.74%1.11%3.40%3.01%2.23%1.89%1.63%
SWVXX
Schwab Prime Advantage Money Fund Investor Shares		3.77%4.06%5.02%4.91%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

BNDX and SWVXX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BNDX has higher volatility (1.49%) compared to SWVXX (0.29%). In terms of maximum drawdown, BNDX dropped -16.23% vs SWVXX's 0.00%.

SWVXX currently has the higher Sharpe Ratio (3.71 vs 0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for BNDX and SWVXX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer