CSDAX vs. SWSBX
Compare and contrast key facts about Calvert Short Duration Income Fund (CSDAX) and Schwab Short-Term Bond Index Fund (SWSBX).
CSDAX is managed by Calvert Research and Management. It was launched on Jan 31, 2002. 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
CSDAX vs. SWSBX - Performance Comparison
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CSDAX vs. SWSBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSDAX Calvert Short Duration Income Fund | -0.37% | 6.22% | 5.00% | 6.58% | -5.36% | 0.88% | 4.52% | 6.21% | 0.05% | 1.59% |
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, CSDAX achieves a -0.37% return, which is significantly lower than SWSBX's -0.27% return.
CSDAX
- 1D
- 0.13%
- 1M
- -1.32%
- YTD
- -0.37%
- 6M
- 0.79%
- 1Y
- 3.99%
- 3Y*
- 5.05%
- 5Y*
- 2.41%
- 10Y*
- 2.73%
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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CSDAX vs. SWSBX - Expense Ratio Comparison
CSDAX has a 0.76% expense ratio, which is higher than SWSBX's 0.06% expense ratio.
Return for Risk
CSDAX vs. SWSBX — Risk / Return Rank
CSDAX
SWSBX
CSDAX vs. SWSBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Short Duration Income Fund (CSDAX) 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.
| CSDAX | SWSBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.11 | 1.71 | +0.40 |
Sortino ratioReturn per unit of downside risk | 3.64 | 2.83 | +0.80 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.36 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.79 | +0.21 |
Martin ratioReturn relative to average drawdown | 12.30 | 10.25 | +2.04 |
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
| CSDAX | SWSBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 1.71 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | 0.42 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.69 | 0.76 | +0.93 |
Correlation
The correlation between CSDAX and SWSBX is 0.79, 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
CSDAX vs. SWSBX - Dividend Comparison
CSDAX's dividend yield for the trailing twelve months is around 4.07%, more than SWSBX's 3.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSDAX Calvert Short Duration Income Fund | 4.07% | 4.42% | 4.28% | 3.24% | 1.95% | 2.25% | 2.58% | 2.79% | 2.67% | 1.84% | 2.07% | 1.84% |
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% | 0.00% | 0.00% |
Drawdowns
CSDAX vs. SWSBX - Drawdown Comparison
The maximum CSDAX drawdown since its inception was -9.96%, which is greater than SWSBX's maximum drawdown of -9.06%. Use the drawdown chart below to compare losses from any high point for CSDAX and SWSBX.
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Drawdown Indicators
| CSDAX | SWSBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.96% | -9.06% | -0.90% |
Max Drawdown (1Y)Largest decline over 1 year | -1.51% | -1.54% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -8.14% | -9.06% | +0.92% |
Max Drawdown (10Y)Largest decline over 10 years | -9.96% | — | — |
Current DrawdownCurrent decline from peak | -1.32% | -1.23% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -0.71% | -1.81% | +1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 0.42% | -0.05% |
Volatility
CSDAX vs. SWSBX - Volatility Comparison
The current volatility for Calvert Short Duration Income Fund (CSDAX) is 0.64%, while Schwab Short-Term Bond Index Fund (SWSBX) has a volatility of 0.73%. This indicates that CSDAX 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
| CSDAX | 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 | 1.30% | 1.49% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.09% | 2.40% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.34% | 2.95% | -0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.29% | 2.47% | -0.18% |