SWEGX vs. AOBLX
SWEGX (Schwab MarketTrack All Equity Portfolio™) and AOBLX (Victory Pioneer Balanced Fund Class A) are both Diversified Portfolio funds. Over the past 10 years, SWEGX returned 12.26%/yr vs 9.94%/yr for AOBLX. Their correlation of 0.90 suggests significant overlap in exposure. SWEGX charges 0.39%/yr vs 0.93%/yr for AOBLX.
Performance
SWEGX vs. AOBLX - Performance Comparison
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Returns By Period
In the year-to-date period, SWEGX achieves a 11.44% return, which is significantly lower than AOBLX's 12.92% return. Over the past 10 years, SWEGX has outperformed AOBLX with an annualized return of 12.26%, while AOBLX has yielded a comparatively lower 9.94% annualized return.
SWEGX
- 1D
- -0.81%
- 1M
- -0.00%
- 6M
- 8.50%
- YTD
- 11.44%
- 1Y
- 22.20%
- 3Y*
- 18.84%
- 5Y*
- 11.16%
- 10Y*
- 12.26%
AOBLX
- 1D
- -0.63%
- 1M
- -0.42%
- 6M
- 10.23%
- YTD
- 12.92%
- 1Y
- 27.47%
- 3Y*
- 16.11%
- 5Y*
- 8.81%
- 10Y*
- 9.94%
SWEGX vs. AOBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWEGX Schwab MarketTrack All Equity Portfolio™ | 11.44% | 20.82% | 13.86% | 25.13% | -16.24% | 22.68% | 11.13% | 25.55% | -9.53% | 19.84% |
AOBLX Victory Pioneer Balanced Fund Class A | 12.92% | 19.59% | 9.46% | 15.00% | -14.64% | 15.10% | 13.15% | 21.75% | -4.63% | 14.99% |
Correlation
The correlation between SWEGX and AOBLX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.90 |
The correlation between SWEGX and AOBLX has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
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Return for Risk
SWEGX vs. AOBLX — Risk / Return Rank
SWEGX
AOBLX
SWEGX vs. AOBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack All Equity Portfolio™ (SWEGX) and Victory Pioneer Balanced Fund Class A (AOBLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWEGX | AOBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.50 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 4.30 | -1.78 |
| Martin ratioReturn relative to average drawdown | 10.63 | 19.75 | -9.12 |
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Drawdowns
SWEGX vs. AOBLX - Drawdown Comparison
The maximum SWEGX drawdown since its inception was -57.57%, which is greater than AOBLX's maximum drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for SWEGX and AOBLX.
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Drawdown Indicators
| SWEGX | AOBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.57% | -36.70% | -20.87% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -6.42% | -2.51% |
Max Drawdown (3Y)Largest decline over 3 years | -16.19% | -13.52% | -2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | -20.48% | -4.39% |
Max Drawdown (10Y)Largest decline over 10 years | -36.08% | -24.31% | -11.77% |
Current DrawdownCurrent decline from peak | -1.18% | -1.52% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -10.33% | -3.80% | -6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 1.39% | +0.72% |
Volatility
SWEGX vs. AOBLX - Volatility Comparison
Schwab MarketTrack All Equity Portfolio™ (SWEGX) has a higher volatility of 3.83% compared to Victory Pioneer Balanced Fund Class A (AOBLX) at 3.10%. This indicates that SWEGX's price experiences larger fluctuations and is considered to be riskier than AOBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWEGX | AOBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 3.10% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 10.15% | 7.96% | +2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.55% | 10.03% | +2.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.95% | 11.17% | +4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 11.33% | +5.90% |
SWEGX vs. AOBLX - Expense Ratio Comparison
SWEGX has a 0.39% expense ratio, which is lower than AOBLX's 0.93% expense ratio.
Dividends
SWEGX vs. AOBLX - Dividend Comparison
SWEGX's dividend yield for the trailing twelve months is around 6.56%, more than AOBLX's 3.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOBLX Victory Pioneer Balanced Fund Class A | 3.20% | 3.48% | 2.28% | 1.52% | 2.97% | 8.33% | 4.31% | 5.78% | 9.70% | 9.22% | 2.51% | 3.97% |
SWEGX Schwab MarketTrack All Equity Portfolio™ | 6.56% | 7.32% | 7.58% | 6.29% | 4.93% | 3.90% | 6.78% | 6.54% | 4.85% | 3.49% | 4.54% | 11.29% |
Frequently Asked Questions
With a correlation of 0.91, SWEGX and AOBLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SWEGX has higher volatility (3.83%) compared to AOBLX (3.10%). In terms of maximum drawdown, SWEGX dropped -57.57% vs AOBLX's -36.70%.
AOBLX currently has the higher Sharpe Ratio (2.76 vs 1.79), 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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