SNSXX vs. SGOV
Compare and contrast key facts about Schwab U.S. Treasury Money Fund (SNSXX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
SNSXX is managed by Charles Schwab. It was launched on Jan 17, 2018. 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: SNSXX or SGOV.
Performance
SNSXX vs. SGOV - Performance Comparison
Returns By Period
In the year-to-date period, SNSXX achieves a 3.58% return, which is significantly lower than SGOV's 4.78% return.
SNSXX
3.58%
0.00%
2.09%
4.26%
1.99%
1.20%
SGOV
4.78%
0.41%
2.55%
5.34%
N/A
N/A
Key characteristics
| SNSXX | SGOV | |
|---|---|---|
| Sharpe Ratio | 3.18 | 21.75 |
| Ulcer Index | 0.00% | 0.00% |
| Daily Std Dev | 1.33% | 0.25% |
| Max Drawdown | 0.00% | -0.03% |
| Current Drawdown | 0.00% | 0.00% |
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SNSXX vs. SGOV - Expense Ratio Comparison
Correlation
The correlation between SNSXX and SGOV 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. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Treasury Money Fund (SNSXX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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. SGOV - Dividend Comparison
SNSXX's dividend yield for the trailing twelve months is around 4.17%, less than SGOV's 5.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
SNSXX Schwab U.S. Treasury Money Fund | 4.17% | 4.61% | 1.28% | 0.02% | 0.27% | 1.47% | 0.78% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.23% | 4.87% | 1.45% | 0.03% | 0.04% | 0.00% | 0.00% |
Drawdowns
SNSXX vs. SGOV - Drawdown Comparison
The maximum SNSXX drawdown since its inception was 0.00%, smaller than the maximum SGOV drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for SNSXX and SGOV. For additional features, visit the drawdowns tool.
Volatility
SNSXX vs. SGOV - Volatility Comparison
The current volatility for Schwab U.S. Treasury Money Fund (SNSXX) is 0.00%, while iShares 0-3 Month Treasury Bond ETF (SGOV) has a volatility of 0.08%. This indicates that SNSXX experiences smaller price fluctuations and is considered to be less risky than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.