SWAGX vs. USIG
Compare and contrast key facts about Schwab U.S. Aggregate Bond Index Fund (SWAGX) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG).
SWAGX is managed by Charles Schwab. USIG is a passively managed fund by iShares that tracks the performance of the ICE BofA US Corporate. It was launched on Jan 5, 2007.
Performance
SWAGX vs. USIG - Performance Comparison
Loading graphics...
SWAGX vs. USIG - 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% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | -0.23% | 7.86% | 2.56% | 8.71% | -15.30% | -1.34% | 9.44% | 13.99% | -2.21% | 4.77% |
Returns By Period
In the year-to-date period, SWAGX achieves a -0.33% return, which is significantly lower than USIG's -0.23% return.
SWAGX
- 1D
- 0.11%
- 1M
- -1.76%
- YTD
- -0.33%
- 6M
- 0.37%
- 1Y
- 3.70%
- 3Y*
- 3.43%
- 5Y*
- -0.05%
- 10Y*
- —
USIG
- 1D
- 0.06%
- 1M
- -1.45%
- YTD
- -0.23%
- 6M
- 0.19%
- 1Y
- 4.85%
- 3Y*
- 4.95%
- 5Y*
- 0.84%
- 10Y*
- 2.73%
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. USIG - Expense Ratio Comparison
Both SWAGX and USIG have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
SWAGX vs. USIG — Risk / Return Rank
SWAGX
USIG
SWAGX vs. USIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Aggregate Bond Index Fund (SWAGX) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG). 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 | USIG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 0.96 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.33 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.83 | -0.25 |
Martin ratioReturn relative to average drawdown | 4.44 | 5.66 | -1.22 |
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 | USIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.96 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.12 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.53 | -0.23 |
Correlation
The correlation between SWAGX and USIG is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SWAGX vs. USIG - Dividend Comparison
SWAGX's dividend yield for the trailing twelve months is around 3.76%, less than USIG's 4.70% 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% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 4.70% | 4.62% | 4.51% | 3.94% | 3.14% | 2.33% | 2.82% | 3.37% | 3.44% | 3.03% | 2.87% | 3.24% |
Drawdowns
SWAGX vs. USIG - Drawdown Comparison
The maximum SWAGX drawdown since its inception was -19.68%, smaller than the maximum USIG drawdown of -22.21%. Use the drawdown chart below to compare losses from any high point for SWAGX and USIG.
Loading graphics...
Drawdown Indicators
| SWAGX | USIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.68% | -22.21% | +2.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -2.79% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -18.76% | -21.45% | +2.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.45% | — |
Current DrawdownCurrent decline from peak | -4.07% | -1.74% | -2.33% |
Average DrawdownAverage peak-to-trough decline | -5.72% | -3.44% | -2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 0.90% | +0.11% |
Volatility
SWAGX vs. USIG - Volatility Comparison
The current volatility for Schwab U.S. Aggregate Bond Index Fund (SWAGX) is 1.63%, while iShares Broad USD Investment Grade Corporate Bond ETF (USIG) has a volatility of 2.10%. This indicates that SWAGX experiences smaller price fluctuations and is considered to be less risky than USIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWAGX | USIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 2.10% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 2.89% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.48% | 5.05% | -0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.06% | 6.83% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.13% | 6.82% | -1.69% |