GSSRX vs. SWSBX
Compare and contrast key facts about Goldman Sachs Short Duration Bond Fund (GSSRX) and Schwab Short-Term Bond Index Fund (SWSBX).
GSSRX is managed by Goldman Sachs. It was launched on Feb 29, 2012. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSSRX or SWSBX.
Correlation
The correlation between GSSRX and SWSBX is 0.76, 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.
Performance
GSSRX vs. SWSBX - Performance Comparison
Key characteristics
GSSRX:
2.98
SWSBX:
2.18
GSSRX:
5.10
SWSBX:
3.52
GSSRX:
1.72
SWSBX:
1.45
GSSRX:
5.77
SWSBX:
1.66
GSSRX:
16.46
SWSBX:
8.30
GSSRX:
0.39%
SWSBX:
0.70%
GSSRX:
2.18%
SWSBX:
2.65%
GSSRX:
-8.54%
SWSBX:
-8.97%
GSSRX:
0.00%
SWSBX:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with GSSRX having a 1.17% return and SWSBX slightly higher at 1.20%.
GSSRX
1.17%
0.41%
2.00%
5.95%
1.75%
2.22%
SWSBX
1.20%
0.63%
1.40%
5.11%
0.88%
N/A
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GSSRX vs. SWSBX - Expense Ratio Comparison
GSSRX has a 0.48% expense ratio, which is higher than SWSBX's 0.06% expense ratio.
Risk-Adjusted Performance
GSSRX vs. SWSBX — Risk-Adjusted Performance Rank
GSSRX
SWSBX
GSSRX vs. SWSBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Short Duration Bond Fund (GSSRX) 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.
Dividends
GSSRX vs. SWSBX - Dividend Comparison
GSSRX's dividend yield for the trailing twelve months is around 3.66%, which matches SWSBX's 3.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSSRX Goldman Sachs Short Duration Bond Fund | 3.66% | 3.93% | 3.15% | 2.18% | 1.36% | 2.16% | 2.86% | 2.55% | 2.21% | 2.08% | 2.43% | 1.61% |
SWSBX Schwab Short-Term Bond Index Fund | 3.69% | 3.98% | 3.16% | 1.49% | 0.90% | 1.56% | 2.40% | 2.12% | 1.55% | 0.00% | 0.00% | 0.00% |
Drawdowns
GSSRX vs. SWSBX - Drawdown Comparison
The maximum GSSRX drawdown since its inception was -8.54%, roughly equal to the maximum SWSBX drawdown of -8.97%. Use the drawdown chart below to compare losses from any high point for GSSRX and SWSBX. For additional features, visit the drawdowns tool.
Volatility
GSSRX vs. SWSBX - Volatility Comparison
The current volatility for Goldman Sachs Short Duration Bond Fund (GSSRX) is 0.50%, while Schwab Short-Term Bond Index Fund (SWSBX) has a volatility of 0.64%. This indicates that GSSRX 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.