SWAGX vs. SWNTX
Compare and contrast key facts about Schwab U.S. Aggregate Bond Index Fund (SWAGX) and Schwab Tax-Free Bond Fund™ (SWNTX).
SWAGX is managed by Charles Schwab. SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992.
Performance
SWAGX vs. SWNTX - Performance Comparison
Loading graphics...
SWAGX vs. SWNTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWAGX Schwab U.S. Aggregate Bond Index Fund | -0.33% | 7.11% | 1.38% | 5.46% | -13.62% | -2.29% | 7.39% | 8.64% | -0.11% | 2.62% |
SWNTX Schwab Tax-Free Bond Fund™ | -0.44% | 4.20% | 1.57% | 5.09% | -8.57% | 0.37% | 4.45% | 6.55% | 0.88% | 3.47% |
Returns By Period
In the year-to-date period, SWAGX achieves a -0.33% return, which is significantly higher than SWNTX's -0.44% return.
SWAGX
- 1D
- 0.11%
- 1M
- -1.76%
- YTD
- -0.33%
- 6M
- 0.37%
- 1Y
- 3.70%
- 3Y*
- 3.43%
- 5Y*
- -0.05%
- 10Y*
- —
SWNTX
- 1D
- 0.18%
- 1M
- -2.25%
- YTD
- -0.44%
- 6M
- 1.09%
- 1Y
- 3.51%
- 3Y*
- 2.64%
- 5Y*
- 0.48%
- 10Y*
- 1.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWAGX vs. SWNTX - Expense Ratio Comparison
SWAGX has a 0.04% expense ratio, which is lower than SWNTX's 0.48% expense ratio.
Return for Risk
SWAGX vs. SWNTX — Risk / Return Rank
SWAGX
SWNTX
SWAGX vs. SWNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Aggregate Bond Index Fund (SWAGX) and Schwab Tax-Free Bond Fund™ (SWNTX). 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.
| SWAGX | SWNTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 0.88 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.18 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.25 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.06 | +0.52 |
Martin ratioReturn relative to average drawdown | 4.44 | 3.48 | +0.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWAGX | SWNTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.88 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.14 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 1.16 | -0.85 |
Correlation
The correlation between SWAGX and SWNTX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SWAGX vs. SWNTX - Dividend Comparison
SWAGX's dividend yield for the trailing twelve months is around 3.76%, more than SWNTX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWAGX Schwab U.S. Aggregate Bond Index Fund | 3.76% | 4.02% | 3.88% | 3.22% | 1.93% | 1.56% | 2.47% | 2.87% | 2.80% | 1.98% | 0.00% | 0.00% |
SWNTX Schwab Tax-Free Bond Fund™ | 3.25% | 3.78% | 3.20% | 2.54% | 1.73% | 1.62% | 2.34% | 2.58% | 2.41% | 2.21% | 3.14% | 2.71% |
Drawdowns
SWAGX vs. SWNTX - Drawdown Comparison
The maximum SWAGX drawdown since its inception was -19.68%, which is greater than SWNTX's maximum drawdown of -13.26%. Use the drawdown chart below to compare losses from any high point for SWAGX and SWNTX.
Loading graphics...
Drawdown Indicators
| SWAGX | SWNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.68% | -13.26% | -6.42% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -4.40% | +1.56% |
Max Drawdown (5Y)Largest decline over 5 years | -18.76% | -13.26% | -5.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -13.26% | — |
Current DrawdownCurrent decline from peak | -4.07% | -2.52% | -1.55% |
Average DrawdownAverage peak-to-trough decline | -5.72% | -1.89% | -3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 1.34% | -0.33% |
Volatility
SWAGX vs. SWNTX - Volatility Comparison
Schwab U.S. Aggregate Bond Index Fund (SWAGX) has a higher volatility of 1.63% compared to Schwab Tax-Free Bond Fund™ (SWNTX) at 0.98%. This indicates that SWAGX's price experiences larger fluctuations and is considered to be riskier than SWNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWAGX | SWNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 0.98% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 1.57% | +1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.48% | 4.43% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.06% | 3.45% | +2.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.13% | 3.56% | +1.57% |