SCHI vs. SWVXX
Compare and contrast key facts about Schwab 5-10 Year Corporate Bond ETF (SCHI) and Schwab Value Advantage Money Fund (SWVXX).
SCHI is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate Credit - Corporate (5-10 Y). It was launched on Oct 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHI or SWVXX.
Performance
SCHI vs. SWVXX - Performance Comparison
Returns By Period
In the year-to-date period, SCHI achieves a 5.34% return, which is significantly higher than SWVXX's 3.90% return.
SCHI
5.34%
-0.48%
5.89%
10.94%
2.44%
N/A
SWVXX
3.90%
0.21%
2.36%
4.61%
2.22%
1.51%
Key characteristics
| SCHI | SWVXX | |
|---|---|---|
| Sharpe Ratio | 1.89 | 3.30 |
| Ulcer Index | 1.44% | 0.00% |
| Daily Std Dev | 5.79% | 1.39% |
| Max Drawdown | -100.00% | 0.00% |
| Current Drawdown | -100.00% | 0.00% |
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Correlation
The correlation between SCHI and SWVXX 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.
Risk-Adjusted Performance
SCHI vs. SWVXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 5-10 Year Corporate Bond ETF (SCHI) and Schwab Value Advantage Money Fund (SWVXX). 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.
Drawdowns
SCHI vs. SWVXX - Drawdown Comparison
The maximum SCHI drawdown since its inception was -100.00%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SCHI and SWVXX. For additional features, visit the drawdowns tool.
Volatility
SCHI vs. SWVXX - Volatility Comparison
Schwab 5-10 Year Corporate Bond ETF (SCHI) has a higher volatility of 1.66% compared to Schwab Value Advantage Money Fund (SWVXX) at 0.21%. This indicates that SCHI's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.