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SWBGX vs. SWNTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SWBGX vs. SWNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab MarketTrack Balanced Portfolio™ (SWBGX) and Schwab Tax-Free Bond Fund™ (SWNTX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.29%
2.40%
SWBGX
SWNTX

Returns By Period

In the year-to-date period, SWBGX achieves a 10.28% return, which is significantly higher than SWNTX's 1.95% return. Over the past 10 years, SWBGX has outperformed SWNTX with an annualized return of 6.27%, while SWNTX has yielded a comparatively lower 1.54% annualized return.


SWBGX

YTD

10.28%

1M

-1.19%

6M

5.29%

1Y

16.56%

5Y (annualized)

6.76%

10Y (annualized)

6.27%

SWNTX

YTD

1.95%

1M

-0.25%

6M

2.40%

1Y

5.97%

5Y (annualized)

0.76%

10Y (annualized)

1.54%

Key characteristics


SWBGXSWNTX
Sharpe Ratio2.172.05
Sortino Ratio3.083.08
Omega Ratio1.421.47
Calmar Ratio2.180.80
Martin Ratio13.848.29
Ulcer Index1.23%0.73%
Daily Std Dev7.85%2.96%
Max Drawdown-40.37%-12.93%
Current Drawdown-1.48%-2.02%

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SWBGX vs. SWNTX - Expense Ratio Comparison

SWBGX has a 0.40% expense ratio, which is lower than SWNTX's 0.48% expense ratio.


SWNTX
Schwab Tax-Free Bond Fund™
Expense ratio chart for SWNTX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for SWBGX: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Correlation

-0.50.00.51.00.0

The correlation between SWBGX and SWNTX 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.

Risk-Adjusted Performance

SWBGX vs. SWNTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack Balanced Portfolio™ (SWBGX) 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.


Sharpe ratio
The chart of Sharpe ratio for SWBGX, currently valued at 2.17, compared to the broader market0.002.004.002.172.05
The chart of Sortino ratio for SWBGX, currently valued at 3.08, compared to the broader market0.005.0010.003.083.08
The chart of Omega ratio for SWBGX, currently valued at 1.42, compared to the broader market1.002.003.004.001.421.47
The chart of Calmar ratio for SWBGX, currently valued at 2.18, compared to the broader market0.005.0010.0015.0020.0025.002.180.80
The chart of Martin ratio for SWBGX, currently valued at 13.84, compared to the broader market0.0020.0040.0060.0080.00100.0013.848.29
SWBGX
SWNTX

The current SWBGX Sharpe Ratio is 2.17, which is comparable to the SWNTX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of SWBGX and SWNTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.17
2.05
SWBGX
SWNTX

Dividends

SWBGX vs. SWNTX - Dividend Comparison

SWBGX's dividend yield for the trailing twelve months is around 2.04%, less than SWNTX's 3.41% yield.


TTM20232022202120202019201820172016201520142013
SWBGX
Schwab MarketTrack Balanced Portfolio™
2.04%2.25%1.82%1.60%1.64%2.09%2.37%1.79%1.72%2.04%1.60%1.43%
SWNTX
Schwab Tax-Free Bond Fund™
3.41%3.06%2.33%1.67%1.97%2.31%2.42%2.34%2.24%2.22%2.30%2.38%

Drawdowns

SWBGX vs. SWNTX - Drawdown Comparison

The maximum SWBGX drawdown since its inception was -40.37%, which is greater than SWNTX's maximum drawdown of -12.93%. Use the drawdown chart below to compare losses from any high point for SWBGX and SWNTX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.48%
-2.02%
SWBGX
SWNTX

Volatility

SWBGX vs. SWNTX - Volatility Comparison

Schwab MarketTrack Balanced Portfolio™ (SWBGX) has a higher volatility of 2.01% compared to Schwab Tax-Free Bond Fund™ (SWNTX) at 1.49%. This indicates that SWBGX'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.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
2.01%
1.49%
SWBGX
SWNTX