MPIBX vs. SWSBX

Last updated Apr 1, 2026

Compare and contrast key facts about BNY Mellon Intermediate Bond Fund (MPIBX) and Schwab Short-Term Bond Index Fund (SWSBX).

MPIBX is managed by BNY Mellon. It was launched on Oct 2, 2000. 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

MPIBX vs. SWSBX - Performance Comparison

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

MPIBX vs. SWSBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MPIBX BNY Mellon Intermediate Bond Fund	100.08%	6.53%	2.69%	5.26%	-6.82%	-1.04%	5.58%	5.89%	0.35%	1.14%
SWSBX Schwab Short-Term Bond Index Fund	-0.16%	6.06%	3.42%	3.95%	-5.89%	-1.28%	4.47%	4.96%	1.34%	0.85%

Returns By Period

MPIBX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SWSBX

• 1D: 0.10%
• 1M: -0.93%
• YTD: -0.16%
• 6M: 0.78%
• 1Y: 3.74%
• 3Y*: 3.77%
• 5Y*: 1.27%
• 10Y*: —

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

MPIBX vs. SWSBX - Expense Ratio Comparison

MPIBX has a 0.56% expense ratio, which is higher than SWSBX's 0.06% expense ratio.

MPIBX

BNY Mellon Intermediate Bond Fund

SWSBX

Schwab Short-Term Bond Index Fund

Return for Risk

MPIBX vs. SWSBX — Risk / Return Rank

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

SWSBX

SWSBX Risk / Return Rank: 87
SWSBX Sharpe Ratio Rank: 83
SWSBX Sortino Ratio Rank: 90
SWSBX Omega Ratio Rank: 82
SWSBX Calmar Ratio Rank: 91
SWSBX Martin Ratio Rank: 89

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.

MPIBX vs. SWSBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Intermediate Bond Fund (MPIBX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MPIBX	SWSBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.59	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.76	—

Correlation

The correlation between MPIBX and SWSBX 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

MPIBX vs. SWSBX - Dividend Comparison

MPIBX's dividend yield for the trailing twelve months is around 1.36%, less than SWSBX's 3.79% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MPIBX BNY Mellon Intermediate Bond Fund	1.36%	3.54%	3.18%	2.69%	2.39%	2.08%	1.99%	2.25%	2.13%	1.96%	2.10%	1.95%
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

Drawdown Indicators

	MPIBX	SWSBX	Difference
Max Drawdown Largest peak-to-trough decline	—	-9.06%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.06%	—
Current Drawdown Current decline from peak	—	-1.13%	—
Average Drawdown Average peak-to-trough decline	—	-1.81%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.42%	—

Volatility

Volatility by Period

	MPIBX	SWSBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.40%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	2.95%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	2.47%	—