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.
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
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Key characteristics
SNSXX:
3.54
SGOV:
21.65
SNSXX:
0.00%
SGOV:
0.00%
SNSXX:
1.24%
SGOV:
0.22%
SNSXX:
0.00%
SGOV:
-0.03%
SNSXX:
0.00%
SGOV:
0.00%
Returns By Period
In the year-to-date period, SNSXX achieves a 1.32% return, which is significantly lower than SGOV's 1.78% return.
SNSXX
1.32%
0.00%
1.69%
4.42%
4.11%
2.45%
1.47%
SGOV
1.78%
0.34%
2.16%
4.81%
4.55%
2.75%
N/A
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SNSXX vs. SGOV - Expense Ratio Comparison
Risk-Adjusted Performance
SNSXX vs. SGOV — Risk-Adjusted Performance Rank
SNSXX
SGOV
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.
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Dividends
SNSXX vs. SGOV - Dividend Comparison
SNSXX's dividend yield for the trailing twelve months is around 4.31%, less than SGOV's 5.07% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|---|
SNSXX Schwab U.S. Treasury Money Fund | 4.31% | 4.86% | 4.61% | 1.28% | 0.02% | 0.27% | 1.47% | 0.78% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.07% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 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.
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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 0.06%. 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.
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