SGOV vs. SWVXX
Compare and contrast key facts about iShares 0-3 Month Treasury Bond ETF (SGOV) and Schwab Value Advantage Money Fund (SWVXX).
SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGOV or SWVXX.
Key characteristics
| SGOV | SWVXX | |
|---|---|---|
| YTD Return | 1.86% | 1.07% |
| 1Y Return | 5.44% | 4.81% |
| 3Y Return (Ann) | 2.85% | 2.54% |
| Sharpe Ratio | 22.36 | 3.36 |
| Daily Std Dev | 0.25% | 1.41% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SGOV and SWVXX is -0.03. 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
SGOV vs. SWVXX - Performance Comparison
In the year-to-date period, SGOV achieves a 1.86% return, which is significantly higher than SWVXX's 1.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SGOV vs. SWVXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-3 Month Treasury Bond ETF (SGOV) 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
SGOV vs. SWVXX - Drawdown Comparison
Volatility
SGOV vs. SWVXX - Volatility Comparison
The current volatility for iShares 0-3 Month Treasury Bond ETF (SGOV) is 0.06%, while Schwab Value Advantage Money Fund (SWVXX) has a volatility of 0.41%. This indicates that SGOV experiences smaller price fluctuations and is considered to be less risky than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.