IPBAX vs. SWRSX
Compare and contrast key facts about Allspring Real Return Fund (IPBAX) and Schwab Treasury Inflation Protected Securities Index Fund (SWRSX).
IPBAX is managed by Allspring Global Investments. It was launched on Feb 27, 2003. SWRSX is managed by Charles Schwab. It was launched on Mar 30, 2006.
Performance
IPBAX vs. SWRSX - Performance Comparison
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IPBAX vs. SWRSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPBAX Allspring Real Return Fund | 11.78% | 10.37% | 8.12% | 5.35% | -10.75% | 7.74% | 8.03% | 9.87% | -4.02% | 4.07% |
SWRSX Schwab Treasury Inflation Protected Securities Index Fund | 0.39% | 6.84% | 1.95% | 3.80% | -12.01% | 5.83% | 10.88% | 8.38% | -1.32% | 2.69% |
Returns By Period
In the year-to-date period, IPBAX achieves a 11.78% return, which is significantly higher than SWRSX's 0.39% return. Over the past 10 years, IPBAX has outperformed SWRSX with an annualized return of 4.92%, while SWRSX has yielded a comparatively lower 2.57% annualized return.
IPBAX
- 1D
- 0.25%
- 1M
- -0.06%
- YTD
- 11.78%
- 6M
- 13.53%
- 1Y
- 23.01%
- 3Y*
- 10.78%
- 5Y*
- 6.29%
- 10Y*
- 4.92%
SWRSX
- 1D
- 0.58%
- 1M
- -1.33%
- YTD
- 0.39%
- 6M
- 0.33%
- 1Y
- 2.91%
- 3Y*
- 3.14%
- 5Y*
- 1.42%
- 10Y*
- 2.57%
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IPBAX vs. SWRSX - Expense Ratio Comparison
IPBAX has a 0.78% expense ratio, which is higher than SWRSX's 0.05% expense ratio.
Return for Risk
IPBAX vs. SWRSX — Risk / Return Rank
IPBAX
SWRSX
IPBAX vs. SWRSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Real Return Fund (IPBAX) and Schwab Treasury Inflation Protected Securities Index Fund (SWRSX). 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.
| IPBAX | SWRSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.91 | 0.84 | +2.06 |
Sortino ratioReturn per unit of downside risk | 3.98 | 1.17 | +2.81 |
Omega ratioGain probability vs. loss probability | 1.53 | 1.16 | +0.38 |
Calmar ratioReturn relative to maximum drawdown | 6.12 | 1.44 | +4.68 |
Martin ratioReturn relative to average drawdown | 22.57 | 4.27 | +18.30 |
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
| IPBAX | SWRSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.91 | 0.84 | +2.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.24 | +0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.48 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.57 | +0.13 |
Correlation
The correlation between IPBAX and SWRSX is 0.81, 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
IPBAX vs. SWRSX - Dividend Comparison
IPBAX's dividend yield for the trailing twelve months is around 2.33%, less than SWRSX's 3.36% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPBAX Allspring Real Return Fund | 2.33% | 2.58% | 2.26% | 3.71% | 5.07% | 3.84% | 1.26% | 2.12% | 2.57% | 1.96% | 1.77% | 2.13% |
SWRSX Schwab Treasury Inflation Protected Securities Index Fund | 3.36% | 4.20% | 3.68% | 3.11% | 7.95% | 4.45% | 1.33% | 2.20% | 2.87% | 1.75% | 1.81% | 1.06% |
Drawdowns
IPBAX vs. SWRSX - Drawdown Comparison
The maximum IPBAX drawdown since its inception was -15.13%, which is greater than SWRSX's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for IPBAX and SWRSX.
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Drawdown Indicators
| IPBAX | SWRSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.13% | -14.29% | -0.84% |
Max Drawdown (1Y)Largest decline over 1 year | -3.84% | -2.68% | -1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -13.94% | -14.29% | +0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -13.94% | -14.29% | +0.35% |
Current DrawdownCurrent decline from peak | -0.38% | -1.33% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -3.15% | -3.75% | +0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.90% | +0.14% |
Volatility
IPBAX vs. SWRSX - Volatility Comparison
Allspring Real Return Fund (IPBAX) has a higher volatility of 3.22% compared to Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) at 1.30%. This indicates that IPBAX's price experiences larger fluctuations and is considered to be riskier than SWRSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPBAX | SWRSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 1.30% | +1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 6.48% | 2.17% | +4.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.01% | 4.00% | +4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.12% | 6.05% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.93% | 5.39% | +0.54% |