BTMSX vs. SWPPX
Compare and contrast key facts about Baird Short-Term Municipal Bond Fund (BTMSX) and Schwab S&P 500 Index Fund (SWPPX).
BTMSX is managed by Baird. It was launched on Aug 30, 2015. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTMSX or SWPPX.
Correlation
The correlation between BTMSX and SWPPX is 0.03, 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.
Performance
BTMSX vs. SWPPX - Performance Comparison
Key characteristics
BTMSX:
1.54
SWPPX:
0.55
BTMSX:
2.18
SWPPX:
0.90
BTMSX:
1.44
SWPPX:
1.13
BTMSX:
1.82
SWPPX:
0.58
BTMSX:
7.46
SWPPX:
2.23
BTMSX:
0.46%
SWPPX:
4.82%
BTMSX:
2.11%
SWPPX:
19.34%
BTMSX:
-6.52%
SWPPX:
-55.06%
BTMSX:
-0.80%
SWPPX:
-7.58%
Returns By Period
In the year-to-date period, BTMSX achieves a 0.68% return, which is significantly higher than SWPPX's -3.30% return.
BTMSX
0.68%
0.51%
1.10%
3.24%
1.38%
N/A
SWPPX
-3.30%
13.73%
-4.57%
10.62%
15.87%
12.14%
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BTMSX vs. SWPPX - Expense Ratio Comparison
BTMSX has a 0.55% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
BTMSX vs. SWPPX — Risk-Adjusted Performance Rank
BTMSX
SWPPX
BTMSX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Short-Term Municipal Bond Fund (BTMSX) and Schwab S&P 500 Index Fund (SWPPX). 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.
Dividends
BTMSX vs. SWPPX - Dividend Comparison
BTMSX's dividend yield for the trailing twelve months is around 3.02%, more than SWPPX's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTMSX Baird Short-Term Municipal Bond Fund | 3.02% | 2.94% | 2.48% | 1.36% | 0.88% | 1.30% | 0.88% | 1.70% | 1.43% | 1.17% | 0.46% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.27% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
BTMSX vs. SWPPX - Drawdown Comparison
The maximum BTMSX drawdown since its inception was -6.52%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for BTMSX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
BTMSX vs. SWPPX - Volatility Comparison
The current volatility for Baird Short-Term Municipal Bond Fund (BTMSX) is 1.23%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 11.18%. This indicates that BTMSX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.