SWJRX vs. AYBLX
SWJRX (Schwab Monthly Income Fund - Moderate Payout) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, SWJRX returned 5.36%/yr vs 10.67%/yr for AYBLX. Their correlation of 0.87 suggests significant overlap in exposure. SWJRX charges 0.00%/yr vs 0.65%/yr for AYBLX.
Performance
SWJRX vs. AYBLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWJRX achieves a 6.01% return, which is significantly lower than AYBLX's 13.99% return. Over the past 10 years, SWJRX has underperformed AYBLX with an annualized return of 5.36%, while AYBLX has yielded a comparatively higher 10.67% annualized return.
SWJRX
- 1D
- -0.09%
- 1M
- -0.68%
- YTD
- 6.01%
- 6M
- 5.93%
- 1Y
- 12.58%
- 3Y*
- 9.74%
- 5Y*
- 3.94%
- 10Y*
- 5.36%
AYBLX
- 1D
- -0.21%
- 1M
- 1.64%
- YTD
- 13.99%
- 6M
- 13.54%
- 1Y
- 32.24%
- 3Y*
- 17.53%
- 5Y*
- 9.58%
- 10Y*
- 10.67%
SWJRX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWJRX Schwab Monthly Income Fund - Moderate Payout | 6.01% | 12.17% | 3.83% | 8.79% | -12.81% | 9.23% | 5.32% | 16.40% | -6.31% | 10.80% |
AYBLX Pioneer Balanced ESG Fund | 13.99% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between SWJRX and AYBLX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2008 | 0.87 |
Over the past year, the correlation between SWJRX and AYBLX has dropped to 0.61 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWJRX vs. AYBLX — Risk / Return Rank
SWJRX
AYBLX
SWJRX vs. AYBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Moderate Payout (SWJRX) and Pioneer Balanced ESG Fund (AYBLX). 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.
| SWJRX | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.62 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | 5.16 | -2.29 |
| Martin ratioReturn relative to average drawdown | 10.30 | 24.00 | -13.70 |
Loading charts...
Drawdowns
SWJRX vs. AYBLX - Drawdown Comparison
The maximum SWJRX drawdown since its inception was -25.61%, smaller than the maximum AYBLX drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for SWJRX and AYBLX.
Loading charts...
Drawdown Indicators
| SWJRX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.61% | -36.28% | +10.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.55% | -6.41% | +1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -8.18% | -13.39% | +5.21% |
Max Drawdown (5Y)Largest decline over 5 years | -20.87% | -20.26% | -0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -20.87% | -24.24% | +3.37% |
Current DrawdownCurrent decline from peak | -1.38% | -0.52% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -3.88% | -3.78% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.27% | 1.38% | -0.11% |
Volatility
SWJRX vs. AYBLX - Volatility Comparison
The current volatility for Schwab Monthly Income Fund - Moderate Payout (SWJRX) is 1.75%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 3.63%. This indicates that SWJRX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SWJRX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.75% | 3.63% | -1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 4.46% | 7.83% | -3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 9.95% | -4.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.72% | 11.13% | -2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.59% | 11.33% | -2.74% |
SWJRX vs. AYBLX - Expense Ratio Comparison
SWJRX has a 0.00% expense ratio, which is lower than AYBLX's 0.65% expense ratio.
Dividends
SWJRX vs. AYBLX - Dividend Comparison
SWJRX's dividend yield for the trailing twelve months is around 4.70%, more than AYBLX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.24% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
SWJRX Schwab Monthly Income Fund - Moderate Payout | 4.70% | 4.78% | 4.94% | 4.80% | 8.67% | 3.62% | 2.49% | 5.36% | 3.47% | 2.93% | 6.05% | 6.80% |
Frequently Asked Questions
SWJRX and AYBLX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AYBLX has higher volatility (3.63%) compared to SWJRX (1.75%). In terms of maximum drawdown, SWJRX dropped -25.61% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (3.33 vs 2.25), 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.
Find the right allocation for SWJRX and AYBLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer