SNSXX vs. SPY
Compare and contrast key facts about Schwab U.S. Treasury Money Fund (SNSXX) and SPDR S&P 500 ETF (SPY).
SNSXX is managed by Charles Schwab. It was launched on Jan 17, 2018. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNSXX or SPY.
Correlation
The correlation between SNSXX and SPY 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.
Performance
SNSXX vs. SPY - Performance Comparison
Key characteristics
SNSXX:
3.05
SPY:
2.17
SNSXX:
0.00%
SPY:
1.95%
SNSXX:
1.17%
SPY:
12.64%
SNSXX:
0.00%
SPY:
-55.19%
SNSXX:
0.00%
SPY:
-2.83%
Returns By Period
Over the past 10 years, SNSXX has underperformed SPY with an annualized return of 1.20%, while SPY has yielded a comparatively higher 13.15% annualized return.
SNSXX
0.00%
0.00%
1.64%
3.58%
1.95%
1.20%
SPY
0.44%
-2.83%
6.59%
25.62%
14.26%
13.15%
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SNSXX vs. SPY - Expense Ratio Comparison
Risk-Adjusted Performance
SNSXX vs. SPY — Risk-Adjusted Performance Rank
SNSXX
SPY
SNSXX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Treasury Money Fund (SNSXX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
SNSXX's dividend yield for the trailing twelve months is around 3.51%, more than SPY's 1.20% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Schwab U.S. Treasury Money Fund | 3.51% | 3.51% | 4.61% | 1.28% | 0.02% | 0.27% | 1.47% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SNSXX vs. SPY - Drawdown Comparison
The maximum SNSXX drawdown since its inception was 0.00%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SNSXX and SPY. For additional features, visit the drawdowns tool.
Volatility
SNSXX vs. SPY - Volatility Comparison
The current volatility for Schwab U.S. Treasury Money Fund (SNSXX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.48%. This indicates that SNSXX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.