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.
Correlation
The correlation between SGOV and SWVXX is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SGOV vs. SWVXX - Performance Comparison
Key characteristics
SGOV:
21.24
SWVXX:
3.56
SGOV:
0.00%
SWVXX:
0.00%
SGOV:
0.23%
SWVXX:
1.30%
SGOV:
-0.03%
SWVXX:
0.00%
SGOV:
0.00%
SWVXX:
0.00%
Returns By Period
In the year-to-date period, SGOV achieves a 1.31% return, which is significantly higher than SWVXX's 1.03% return.
SGOV
1.31%
0.34%
2.19%
4.91%
N/A
N/A
SWVXX
1.03%
0.33%
2.00%
4.64%
2.56%
1.74%
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Risk-Adjusted Performance
SGOV vs. SWVXX — Risk-Adjusted Performance Rank
SGOV
SWVXX
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
The maximum SGOV drawdown since its inception was -0.03%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SGOV and SWVXX. For additional features, visit the drawdowns tool.
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 0.33%. 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.