SNSXX vs. GSY
Compare and contrast key facts about Schwab U.S. Treasury Money Fund (SNSXX) and Invesco Ultra Short Duration ETF (GSY).
SNSXX is managed by Charles Schwab. It was launched on Jan 17, 2018. GSY is an actively managed fund by Invesco. It was launched on Feb 12, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNSXX or GSY.
Performance
SNSXX vs. GSY - Performance Comparison
Returns By Period
In the year-to-date period, SNSXX achieves a 3.58% return, which is significantly lower than GSY's 5.29% return. Over the past 10 years, SNSXX has underperformed GSY with an annualized return of 1.20%, while GSY has yielded a comparatively higher 2.41% annualized return.
SNSXX
3.58%
0.00%
2.09%
4.26%
1.99%
1.20%
GSY
5.29%
0.37%
3.07%
6.44%
2.69%
2.41%
Key characteristics
| SNSXX | GSY | |
|---|---|---|
| Sharpe Ratio | 3.18 | 10.80 |
| Ulcer Index | 0.00% | 0.02% |
| Daily Std Dev | 1.33% | 0.60% |
| Max Drawdown | 0.00% | -12.14% |
| Current Drawdown | 0.00% | -0.02% |
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SNSXX vs. GSY - Expense Ratio Comparison
Correlation
The correlation between SNSXX and GSY is 0.01, 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.
Risk-Adjusted Performance
SNSXX vs. GSY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Treasury Money Fund (SNSXX) and Invesco Ultra Short Duration ETF (GSY). 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
SNSXX vs. GSY - Dividend Comparison
SNSXX's dividend yield for the trailing twelve months is around 4.17%, less than GSY's 5.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNSXX Schwab U.S. Treasury Money Fund | 4.17% | 4.61% | 1.28% | 0.02% | 0.27% | 1.47% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GSY Invesco Ultra Short Duration ETF | 5.70% | 4.95% | 1.70% | 0.58% | 1.60% | 2.91% | 2.42% | 2.02% | 1.30% | 1.17% | 1.29% | 1.15% |
Drawdowns
SNSXX vs. GSY - Drawdown Comparison
The maximum SNSXX drawdown since its inception was 0.00%, smaller than the maximum GSY drawdown of -12.14%. Use the drawdown chart below to compare losses from any high point for SNSXX and GSY. For additional features, visit the drawdowns tool.
Volatility
SNSXX vs. GSY - Volatility Comparison
The current volatility for Schwab U.S. Treasury Money Fund (SNSXX) is 0.00%, while Invesco Ultra Short Duration ETF (GSY) has a volatility of 0.13%. This indicates that SNSXX experiences smaller price fluctuations and is considered to be less risky than GSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.