CWBFX vs. SWPPX
Compare and contrast key facts about American Funds Capital World Bond Fund (CWBFX) and Schwab S&P 500 Index Fund (SWPPX).
CWBFX is managed by American Funds. It was launched on Aug 3, 1987. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
CWBFX vs. SWPPX - Performance Comparison
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CWBFX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CWBFX American Funds Capital World Bond Fund | -2.63% | 7.78% | -3.25% | 5.81% | -17.52% | -5.17% | 9.91% | 7.66% | -1.81% | 7.26% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, CWBFX achieves a -2.63% return, which is significantly higher than SWPPX's -7.07% return. Over the past 10 years, CWBFX has underperformed SWPPX with an annualized return of 0.15%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
CWBFX
- 1D
- 0.13%
- 1M
- -4.32%
- YTD
- -2.63%
- 6M
- -2.45%
- 1Y
- 1.95%
- 3Y*
- 1.50%
- 5Y*
- -2.49%
- 10Y*
- 0.15%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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CWBFX vs. SWPPX - Expense Ratio Comparison
CWBFX has a 0.95% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Return for Risk
CWBFX vs. SWPPX — Risk / Return Rank
CWBFX
SWPPX
CWBFX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Capital World Bond Fund (CWBFX) 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.
| CWBFX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.37 | 0.84 | -0.47 |
Sortino ratioReturn per unit of downside risk | 0.56 | 1.30 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.20 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.58 | 1.06 | -0.48 |
Martin ratioReturn relative to average drawdown | 2.05 | 5.14 | -3.08 |
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
| CWBFX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | 0.84 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | 0.68 | -1.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.76 | -0.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.48 | +0.37 |
Correlation
The correlation between CWBFX 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.
Dividends
CWBFX vs. SWPPX - Dividend Comparison
CWBFX's dividend yield for the trailing twelve months is around 2.84%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWBFX American Funds Capital World Bond Fund | 2.84% | 2.68% | 3.01% | 2.47% | 1.99% | 2.63% | 3.18% | 2.26% | 1.87% | 1.80% | 2.05% | 0.58% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
CWBFX vs. SWPPX - Drawdown Comparison
The maximum CWBFX drawdown since its inception was -27.91%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for CWBFX and SWPPX.
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Drawdown Indicators
| CWBFX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.91% | -55.06% | +27.15% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -12.10% | +7.65% |
Max Drawdown (5Y)Largest decline over 5 years | -26.34% | -24.51% | -1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -27.91% | -33.80% | +5.89% |
Current DrawdownCurrent decline from peak | -16.19% | -8.89% | -7.30% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -10.00% | +5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 2.49% | -1.23% |
Volatility
CWBFX vs. SWPPX - Volatility Comparison
The current volatility for American Funds Capital World Bond Fund (CWBFX) is 2.04%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. This indicates that CWBFX 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.
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Volatility by Period
| CWBFX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.04% | 4.29% | -2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 9.11% | -6.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.48% | 18.14% | -12.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.49% | 16.89% | -10.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.63% | 18.19% | -12.56% |