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BRASX vs. SWVXX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BRASX and SWVXX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.0

Performance

BRASX vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Allocation Target Shares Series S Portfolio (BRASX) and Schwab Value Advantage Money Fund (SWVXX). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
62.44%
16.60%
BRASX
SWVXX

Key characteristics

Sharpe Ratio

BRASX:

2.48

SWVXX:

3.48

Ulcer Index

BRASX:

0.38%

SWVXX:

0.00%

Daily Std Dev

BRASX:

2.21%

SWVXX:

1.43%

Max Drawdown

BRASX:

-10.61%

SWVXX:

0.00%

Current Drawdown

BRASX:

-0.58%

SWVXX:

0.00%

Returns By Period

In the year-to-date period, BRASX achieves a 4.73% return, which is significantly higher than SWVXX's 4.30% return. Over the past 10 years, BRASX has outperformed SWVXX with an annualized return of 2.43%, while SWVXX has yielded a comparatively lower 1.55% annualized return.


BRASX

YTD

4.73%

1M

0.11%

6M

2.97%

1Y

5.50%

5Y (annualized)

2.11%

10Y (annualized)

2.43%

SWVXX

YTD

4.30%

1M

0.38%

6M

2.28%

1Y

5.01%

5Y (annualized)

2.30%

10Y (annualized)

1.55%

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Risk-Adjusted Performance

BRASX vs. SWVXX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series S Portfolio (BRASX) and Schwab Value Advantage Money Fund (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.


Sharpe ratio
The chart of Sharpe ratio for BRASX, currently valued at 2.38, compared to the broader market-1.000.001.002.003.004.002.383.48
The chart of Sortino ratio for BRASX, currently valued at 4.31, compared to the broader market-2.000.002.004.006.008.0010.004.31
The chart of Omega ratio for BRASX, currently valued at 1.59, compared to the broader market1.002.003.001.59
The chart of Calmar ratio for BRASX, currently valued at 5.43, compared to the broader market0.005.0010.0015.005.43
The chart of Martin ratio for BRASX, currently valued at 13.69, compared to the broader market0.0020.0040.0060.0013.69
BRASX
SWVXX

The current BRASX Sharpe Ratio is 2.48, which is comparable to the SWVXX Sharpe Ratio of 3.48. The chart below compares the historical Sharpe Ratios of BRASX and SWVXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.38
3.48
BRASX
SWVXX

Drawdowns

BRASX vs. SWVXX - Drawdown Comparison

The maximum BRASX drawdown since its inception was -10.61%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BRASX and SWVXX. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.58%
0
BRASX
SWVXX

Volatility

BRASX vs. SWVXX - Volatility Comparison

The current volatility for BlackRock Allocation Target Shares Series S Portfolio (BRASX) is 0.33%, while Schwab Value Advantage Money Fund (SWVXX) has a volatility of 0.38%. This indicates that BRASX experiences smaller price fluctuations and is considered to be less risky than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.20%0.40%0.60%0.80%JulyAugustSeptemberOctoberNovemberDecember
0.33%
0.38%
BRASX
SWVXX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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