PTSHX vs. SWSBX
Compare and contrast key facts about PIMCO Short Term Fund (PTSHX) and Schwab Short-Term Bond Index Fund (SWSBX).
PTSHX is managed by PIMCO. It was launched on Oct 7, 1987. 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: PTSHX or SWSBX.
Key characteristics
| PTSHX | SWSBX | |
|---|---|---|
| YTD Return | 5.31% | 3.01% |
| 1Y Return | 6.36% | 6.00% |
| 3Y Return (Ann) | 3.71% | 0.51% |
| 5Y Return (Ann) | 2.86% | 1.02% |
| Sharpe Ratio | 4.05 | 2.05 |
| Sortino Ratio | 18.82 | 3.27 |
| Omega Ratio | 6.95 | 1.41 |
| Calmar Ratio | 60.91 | 1.16 |
| Martin Ratio | 112.19 | 9.35 |
| Ulcer Index | 0.06% | 0.65% |
| Daily Std Dev | 1.57% | 2.99% |
| Max Drawdown | -6.26% | -8.97% |
| Current Drawdown | 0.00% | -1.52% |
Correlation
The correlation between PTSHX and SWSBX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PTSHX vs. SWSBX - Performance Comparison
In the year-to-date period, PTSHX achieves a 5.31% return, which is significantly higher than SWSBX's 3.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PTSHX vs. SWSBX - Expense Ratio Comparison
PTSHX has a 0.45% expense ratio, which is higher than SWSBX's 0.06% expense ratio.
Risk-Adjusted Performance
PTSHX vs. SWSBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Short Term Fund (PTSHX) 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
PTSHX vs. SWSBX - Dividend Comparison
PTSHX's dividend yield for the trailing twelve months is around 5.20%, more than SWSBX's 3.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTSHX PIMCO Short Term Fund | 5.20% | 4.51% | 3.27% | 0.63% | 1.78% | 2.92% | 2.50% | 1.67% | 1.81% | 1.58% | 1.53% | 1.09% |
SWSBX Schwab Short-Term Bond Index Fund | 3.91% | 3.16% | 1.49% | 0.90% | 1.56% | 2.40% | 2.12% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PTSHX vs. SWSBX - Drawdown Comparison
The maximum PTSHX drawdown since its inception was -6.26%, smaller than the maximum SWSBX drawdown of -8.97%. Use the drawdown chart below to compare losses from any high point for PTSHX and SWSBX. For additional features, visit the drawdowns tool.
Volatility
PTSHX vs. SWSBX - Volatility Comparison
The current volatility for PIMCO Short Term Fund (PTSHX) is 0.53%, while Schwab Short-Term Bond Index Fund (SWSBX) has a volatility of 0.77%. This indicates that PTSHX 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.