SNSXX vs. VBIL
SNSXX (Schwab U.S. Treasury Money Fund) and VBIL (Vanguard 0-3 Month Treasury Bill ETF) are both funds - SNSXX is a Money Market fund managed by Charles Schwab, while VBIL is a Ultrashort Bond fund tracking the Bloomberg US Treasury Bills 0-3 Months Index. Over the past year, SNSXX returned 3.69% vs 3.93% for VBIL. At a 0.06 correlation, their price movements are largely independent. SNSXX charges 0.34%/yr vs 0.07%/yr for VBIL.
Performance
SNSXX vs. VBIL - Performance Comparison
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Returns By Period
In the year-to-date period, SNSXX achieves a 1.40% return, which is significantly lower than VBIL's 1.51% return.
SNSXX
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.40%
- 6M
- 1.72%
- 1Y
- 3.69%
- 3Y*
- 2.32%
- 5Y*
- 1.38%
- 10Y*
- —
VBIL
- 1D
- 0.01%
- 1M
- 0.30%
- YTD
- 1.51%
- 6M
- 1.81%
- 1Y
- 3.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNSXX vs. VBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SNSXX Schwab U.S. Treasury Money Fund | 1.40% | 3.60% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 1.51% | 3.71% |
Correlation
The correlation between SNSXX and VBIL is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2025 | 0.06 |
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Return for Risk
SNSXX vs. VBIL — Risk / Return Rank
SNSXX
VBIL
SNSXX vs. VBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Treasury Money Fund (SNSXX) and Vanguard 0-3 Month Treasury Bill ETF (VBIL). 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.
| SNSXX | VBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.43 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 21.07 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 42.54 | — |
| Martin ratioReturn relative to average drawdown | — | 531.60 | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SNSXX | VBIL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.71 | 15.14 | -11.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.08 | 13.45 | -11.37 |
Drawdowns
SNSXX vs. VBIL - Drawdown Comparison
The maximum SNSXX drawdown since its inception was 0.00%, smaller than the maximum VBIL drawdown of -0.09%. Use the drawdown chart below to compare losses from any high point for SNSXX and VBIL.
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Drawdown Indicators
| SNSXX | VBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -0.09% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -0.09% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -0.00% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 0.01% | -0.01% |
Volatility
SNSXX vs. VBIL - Volatility Comparison
Schwab U.S. Treasury Money Fund (SNSXX) has a higher volatility of 0.29% compared to Vanguard 0-3 Month Treasury Bill ETF (VBIL) at 0.06%. This indicates that SNSXX's price experiences larger fluctuations and is considered to be riskier than VBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNSXX | VBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.29% | 0.06% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 0.73% | 0.16% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.05% | 0.26% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.68% | 0.30% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.68% | 0.30% | +0.38% |
SNSXX vs. VBIL - Expense Ratio Comparison
SNSXX has a 0.34% expense ratio, which is higher than VBIL's 0.07% expense ratio.
Dividends
SNSXX vs. VBIL - Dividend Comparison
SNSXX's dividend yield for the trailing twelve months is around 3.62%, which matches VBIL's 3.65% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
SNSXX Schwab U.S. Treasury Money Fund | 3.62% | 3.88% | 1.59% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 3.65% | 3.12% | 0.00% |
Frequently Asked Questions
SNSXX and VBIL have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNSXX has higher volatility (0.29%) compared to VBIL (0.06%). In terms of maximum drawdown, SNSXX dropped 0.00% vs VBIL's -0.09%.
VBIL currently has the higher Sharpe Ratio (15.14 vs 3.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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