SCHZ vs. SWAGX
Compare and contrast key facts about Schwab U.S. Aggregate Bond ETF (SCHZ) and Schwab U.S. Aggregate Bond Index Fund (SWAGX).
SCHZ is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate. It was launched on Jul 14, 2011. SWAGX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHZ or SWAGX.
Key characteristics
| SCHZ | SWAGX | |
|---|---|---|
| YTD Return | 3.44% | 1.28% |
| 1Y Return | 8.83% | 6.51% |
| 3Y Return (Ann) | -0.52% | -2.27% |
| 5Y Return (Ann) | 1.48% | -0.35% |
| Sharpe Ratio | 1.58 | 1.22 |
| Sortino Ratio | 2.36 | 1.78 |
| Omega Ratio | 1.28 | 1.22 |
| Calmar Ratio | 0.84 | 0.47 |
| Martin Ratio | 6.22 | 3.97 |
| Ulcer Index | 1.52% | 1.77% |
| Daily Std Dev | 5.98% | 5.76% |
| Max Drawdown | -16.93% | -18.84% |
| Current Drawdown | -3.46% | -9.31% |
Correlation
The correlation between SCHZ and SWAGX is 0.90, 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
SCHZ vs. SWAGX - Performance Comparison
In the year-to-date period, SCHZ achieves a 3.44% return, which is significantly higher than SWAGX's 1.28% 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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SCHZ vs. SWAGX - Expense Ratio Comparison
Both SCHZ and SWAGX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SCHZ vs. SWAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Aggregate Bond ETF (SCHZ) and Schwab U.S. Aggregate Bond Index Fund (SWAGX). 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
SCHZ vs. SWAGX - Dividend Comparison
SCHZ's dividend yield for the trailing twelve months is around 5.85%, more than SWAGX's 3.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHZ Schwab U.S. Aggregate Bond ETF | 5.85% | 3.85% | 3.73% | 3.61% | 4.05% | 4.67% | 4.44% | 3.81% | 3.37% | 2.81% | 3.06% | 3.06% |
SWAGX Schwab U.S. Aggregate Bond Index Fund | 3.81% | 3.22% | 2.60% | 2.06% | 2.36% | 2.86% | 2.80% | 1.99% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SCHZ vs. SWAGX - Drawdown Comparison
The maximum SCHZ drawdown since its inception was -16.93%, smaller than the maximum SWAGX drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for SCHZ and SWAGX. For additional features, visit the drawdowns tool.
Volatility
SCHZ vs. SWAGX - Volatility Comparison
Schwab U.S. Aggregate Bond ETF (SCHZ) and Schwab U.S. Aggregate Bond Index Fund (SWAGX) have volatilities of 1.59% and 1.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.