CRDSX vs. SWSBX

Last updated Jun 4, 2026

CRDSX (Catholic Responsible Investments Short Duration Bond Fund) and SWSBX (Schwab Short-Term Bond Index Fund) are both Short-Term Bond funds. Over the past 3 years, CRDSX returned 4.86%/yr vs 4.12%/yr for SWSBX. Their correlation of 0.81 suggests significant overlap in exposure. CRDSX charges 0.35%/yr vs 0.06%/yr for SWSBX.

Performance

CRDSX vs. SWSBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catholic Responsible Investments Short Duration Bond Fund (CRDSX) and Schwab Short-Term Bond Index Fund (SWSBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRDSX achieves a 0.78% return, which is significantly higher than SWSBX's 0.34% return.

CRDSX

• 1D: 0.10%
• 1M: 0.32%
• YTD: 0.78%
• 6M: 1.09%
• 1Y: 3.98%
• 3Y*: 4.86%
• 5Y*: —
• 10Y*: —

SWSBX

• 1D: 0.00%
• 1M: 0.14%
• YTD: 0.34%
• 6M: 0.60%
• 1Y: 3.75%
• 3Y*: 4.12%
• 5Y*: 1.30%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRDSX vs. SWSBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CRDSX Catholic Responsible Investments Short Duration Bond Fund	0.78%	5.51%	4.81%	5.02%	-2.53%
SWSBX Schwab Short-Term Bond Index Fund	0.34%	6.06%	3.42%	3.95%	-4.76%

Correlation

The correlation between CRDSX and SWSBX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 28, 2022	0.81

The correlation between CRDSX and SWSBX shifts across timeframes, from 0.71 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CRDSX vs. SWSBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRDSX

CRDSX Risk / Return Rank: 87
CRDSX Sharpe Ratio Rank: 83
CRDSX Sortino Ratio Rank: 90
CRDSX Omega Ratio Rank: 90
CRDSX Calmar Ratio Rank: 87
CRDSX Martin Ratio Rank: 87

SWSBX

SWSBX Risk / Return Rank: 38
SWSBX Sharpe Ratio Rank: 33
SWSBX Sortino Ratio Rank: 44
SWSBX Omega Ratio Rank: 41
SWSBX Calmar Ratio Rank: 39
SWSBX Martin Ratio Rank: 34

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.

CRDSX vs. SWSBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catholic Responsible Investments Short Duration Bond Fund (CRDSX) 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.

	CRDSX	SWSBX	Difference
Sharpe ratio: Return per unit of total volatility	2.70	1.64	+1.06
Sortino ratio: Return per unit of downside risk	4.42	2.77	+1.65
Omega ratio: Gain probability vs. loss probability	1.66	1.34	+0.32
Calmar ratio: Return relative to maximum drawdown	4.33	2.37	+1.96
Martin ratio: Return relative to average drawdown	16.95	7.75	+9.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRDSX vs. SWSBX - Sharpe Ratio Comparison

The current CRDSX Sharpe Ratio is 2.70, which is higher than the SWSBX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of CRDSX and SWSBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CRDSX	SWSBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	1.64	+1.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	0.77	+0.75

Drawdowns

CRDSX vs. SWSBX - Drawdown Comparison

The maximum CRDSX drawdown since its inception was -4.22%, smaller than the maximum SWSBX drawdown of -9.06%. Use the drawdown chart below to compare losses from any high point for CRDSX and SWSBX.

Drawdown Indicators

	CRDSX	SWSBX	Difference
Max Drawdown Largest peak-to-trough decline	-4.22%	-9.06%	+4.84%
Max Drawdown (1Y) Largest decline over 1 year	-0.92%	-1.54%	+0.62%
Max Drawdown (3Y) Largest decline over 3 years	-0.92%	-1.79%	+0.87%
Max Drawdown (5Y) Largest decline over 5 years	—	-9.06%	—
Current Drawdown Current decline from peak	-0.09%	-0.63%	+0.54%
Average Drawdown Average peak-to-trough decline	-0.84%	-1.79%	+0.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.24%	0.47%	-0.23%

Volatility

CRDSX vs. SWSBX - Volatility Comparison

The current volatility for Catholic Responsible Investments Short Duration Bond Fund (CRDSX) is 0.45%, while Schwab Short-Term Bond Index Fund (SWSBX) has a volatility of 0.70%. This indicates that CRDSX 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.

Volatility by Period

	CRDSX	SWSBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.45%	0.70%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	1.06%	1.62%	-0.56%
Volatility (1Y) Calculated over the trailing 1-year period	1.48%	2.23%	-0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.04%	2.99%	-0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.04%	2.47%	-0.43%

CRDSX vs. SWSBX - Expense Ratio Comparison

CRDSX has a 0.35% expense ratio, which is higher than SWSBX's 0.06% expense ratio.

Dividends

CRDSX vs. SWSBX - Dividend Comparison

CRDSX's dividend yield for the trailing twelve months is around 4.25%, more than SWSBX's 4.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CRDSX Catholic Responsible Investments Short Duration Bond Fund	4.25%	4.32%	4.38%	3.50%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%
SWSBX Schwab Short-Term Bond Index Fund	4.13%	4.09%	3.66%	2.36%	1.11%	0.97%	1.82%	2.41%	2.12%	1.56%

Frequently Asked Questions

Can I hold both CRDSX and SWSBX in my portfolio?

CRDSX and SWSBX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRDSX or SWSBX?

SWSBX has higher volatility (0.70%) compared to CRDSX (0.45%). In terms of maximum drawdown, CRDSX dropped -4.22% vs SWSBX's -9.06%.

Which has better risk-adjusted returns?

CRDSX currently has the higher Sharpe Ratio (2.70 vs 1.64), 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.