BRASX vs. SWSBX
Compare and contrast key facts about BlackRock Allocation Target Shares Series S Portfolio (BRASX) and Schwab Short-Term Bond Index Fund (SWSBX).
BRASX is managed by BlackRock. It was launched on Sep 30, 2004. SWSBX is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Government/Credit 1-5 Year Index. It was launched on Feb 23, 2017.
Performance
BRASX vs. SWSBX - Performance Comparison
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BRASX vs. SWSBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRASX BlackRock Allocation Target Shares Series S Portfolio | -0.24% | 6.08% | 4.32% | 4.89% | -4.73% | -0.12% | 3.74% | 6.22% | 1.00% | 1.53% |
SWSBX Schwab Short-Term Bond Index Fund | -0.27% | 6.06% | 3.42% | 3.95% | -5.89% | -1.28% | 4.47% | 4.96% | 1.34% | 0.85% |
Returns By Period
In the year-to-date period, BRASX achieves a -0.24% return, which is significantly higher than SWSBX's -0.27% return.
BRASX
- 1D
- 0.11%
- 1M
- -1.07%
- YTD
- -0.24%
- 6M
- 1.02%
- 1Y
- 4.18%
- 3Y*
- 4.39%
- 5Y*
- 1.95%
- 10Y*
- 2.22%
SWSBX
- 1D
- 0.21%
- 1M
- -1.23%
- YTD
- -0.27%
- 6M
- 0.88%
- 1Y
- 3.63%
- 3Y*
- 3.74%
- 5Y*
- 1.25%
- 10Y*
- —
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BRASX vs. SWSBX - Expense Ratio Comparison
BRASX has a 0.00% expense ratio, which is lower than SWSBX's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
BRASX vs. SWSBX — Risk / Return Rank
BRASX
SWSBX
BRASX vs. SWSBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series S Portfolio (BRASX) and Schwab Short-Term Bond Index Fund (SWSBX). 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.
| BRASX | SWSBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.94 | 1.71 | +0.23 |
Sortino ratioReturn per unit of downside risk | 3.71 | 2.83 | +0.88 |
Omega ratioGain probability vs. loss probability | 1.54 | 1.36 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 3.37 | 2.79 | +0.59 |
Martin ratioReturn relative to average drawdown | 14.08 | 10.25 | +3.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRASX | SWSBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 1.71 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.42 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.76 | -0.25 |
Correlation
The correlation between BRASX and SWSBX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
BRASX vs. SWSBX - Dividend Comparison
BRASX's dividend yield for the trailing twelve months is around 4.22%, more than SWSBX's 3.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRASX BlackRock Allocation Target Shares Series S Portfolio | 4.22% | 4.57% | 3.44% | 2.96% | 2.18% | 1.34% | 2.49% | 3.06% | 2.26% | 2.16% |
SWSBX Schwab Short-Term Bond Index Fund | 3.79% | 4.09% | 3.66% | 2.36% | 1.11% | 0.97% | 1.82% | 2.41% | 2.12% | 1.56% |
Drawdowns
BRASX vs. SWSBX - Drawdown Comparison
The maximum BRASX drawdown since its inception was -10.61%, which is greater than SWSBX's maximum drawdown of -9.06%. Use the drawdown chart below to compare losses from any high point for BRASX and SWSBX.
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Drawdown Indicators
| BRASX | SWSBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.61% | -9.06% | -1.55% |
Max Drawdown (1Y)Largest decline over 1 year | -1.39% | -1.54% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -7.47% | -9.06% | +1.59% |
Max Drawdown (10Y)Largest decline over 10 years | -10.61% | — | — |
Current DrawdownCurrent decline from peak | -1.07% | -1.23% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -2.01% | -1.81% | -0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.33% | 0.42% | -0.09% |
Volatility
BRASX vs. SWSBX - Volatility Comparison
The current volatility for BlackRock Allocation Target Shares Series S Portfolio (BRASX) is 0.64%, while Schwab Short-Term Bond Index Fund (SWSBX) has a volatility of 0.73%. This indicates that BRASX experiences smaller price fluctuations and is considered to be less risky than SWSBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRASX | SWSBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 0.73% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 1.46% | 1.49% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.38% | 2.40% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.27% | 2.95% | -0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.39% | 2.47% | -0.08% |