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SWJRX vs. SNSXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SWJRX vs. SNSXX

Last updated Jun 4, 2026

SWJRX (Schwab Monthly Income Fund - Moderate Payout) and SNSXX (Schwab U.S. Treasury Money Fund) are both mutual funds - SWJRX is a Diversified Portfolio fund managed by Charles Schwab, while SNSXX is a Money Market fund managed by Charles Schwab. Over the past 5 years, SWJRX returned 3.94%/yr vs 1.38%/yr for SNSXX. At a 0.04 correlation, their price movements are largely independent.

Performance

SWJRX vs. SNSXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Monthly Income Fund - Moderate Payout (SWJRX) and Schwab U.S. Treasury Money Fund (SNSXX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SWJRX achieves a 6.49% return, which is significantly higher than SNSXX's 1.40% return.

SWJRX

1D
0.18%
1M
0.96%
YTD
6.49%
6M
6.82%
1Y
14.22%
3Y*
9.87%
5Y*
3.94%
10Y*
5.24%

SNSXX

1D
0.00%
1M
0.29%
YTD
1.40%
6M
1.72%
1Y
3.69%
3Y*
2.32%
5Y*
1.38%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SWJRX vs. SNSXX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SWJRX
Schwab Monthly Income Fund - Moderate Payout		6.49%12.17%3.83%8.79%-12.81%3.71%
SNSXX
Schwab U.S. Treasury Money Fund		1.40%3.97%1.61%0.00%0.00%0.00%

Correlation

The correlation between SWJRX and SNSXX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (All Time)
Calculated using the full available price history since May 26, 2021

0.04

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Schwab Monthly Income Fund - Moderate Payout

Schwab U.S. Treasury Money Fund

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Often compared with SNSXX:
SNSXX vs. SWVXXSNSXX vs. SPAXXSNSXX vs. SGOVSNSXX vs. VMFXXSNSXX vs. BILSNSXX vs. SWPPXSNSXX vs. SPY

Return for Risk

SWJRX vs. SNSXX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SWJRX
SWJRX Risk / Return Rank: 6868
Overall Rank
SWJRX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
SWJRX Sortino Ratio Rank: 7676
Sortino Ratio Rank
SWJRX Omega Ratio Rank: 7070
Omega Ratio Rank
SWJRX Calmar Ratio Rank: 6666
Calmar Ratio Rank
SWJRX Martin Ratio Rank: 5656
Martin Ratio Rank
SNSXX
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWJRX vs. SNSXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Moderate Payout (SWJRX) and Schwab U.S. Treasury Money Fund (SNSXX). 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.

SWJRXSNSXXDifference
Sharpe ratioReturn per unit of total volatility
2.50
3.71

-1.21

Sortino ratioReturn per unit of downside risk
3.65

—

—

Omega ratioGain probability vs. loss probability

1.47

—

—

Calmar ratioReturn relative to maximum drawdown

3.12

—

—

Martin ratioReturn relative to average drawdown

11.31

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWJRX vs. SNSXX - Sharpe Ratio Comparison

The current SWJRX Sharpe Ratio is 2.50, which is lower than the SNSXX Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of SWJRX and SNSXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SWJRXSNSXXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.50

3.71

-1.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

2.09

-1.63

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

2.08

-1.48

Drawdowns

SWJRX vs. SNSXX - Drawdown Comparison

The maximum SWJRX drawdown since its inception was -25.61%, which is greater than SNSXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SWJRX and SNSXX.

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Drawdown Indicators

SWJRXSNSXXDifference

Max Drawdown

Largest peak-to-trough decline

-25.61%

0.00%

-25.61%

Max Drawdown (1Y)

Largest decline over 1 year

-4.55%

0.00%

-4.55%

Max Drawdown (3Y)

Largest decline over 3 years

-8.18%

0.00%

-8.18%

Max Drawdown (5Y)

Largest decline over 5 years

-20.87%

0.00%

-20.87%

Max Drawdown (10Y)

Largest decline over 10 years

-20.87%

—

—

Current Drawdown

Current decline from peak

-0.93%

0.00%

-0.93%

Average Drawdown

Average peak-to-trough decline

-3.89%

0.00%

-3.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.25%

0.00%

+1.25%

Volatility

SWJRX vs. SNSXX - Volatility Comparison

Schwab Monthly Income Fund - Moderate Payout (SWJRX) has a higher volatility of 1.65% compared to Schwab U.S. Treasury Money Fund (SNSXX) at 0.29%. This indicates that SWJRX's price experiences larger fluctuations and is considered to be riskier than SNSXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SWJRXSNSXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.65%

0.29%

+1.36%

Volatility (6M)

Calculated over the trailing 6-month period

4.30%

0.73%

+3.57%

Volatility (1Y)

Calculated over the trailing 1-year period

5.66%

1.05%

+4.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.71%

0.68%

+8.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.58%

0.68%

+7.90%

Dividends

SWJRX vs. SNSXX - Dividend Comparison

SWJRX's dividend yield for the trailing twelve months is around 4.68%, more than SNSXX's 3.62% yield.

PositionTTM20252024202320222021202020192018201720162015
SNSXX
Schwab U.S. Treasury Money Fund		3.62%3.88%1.59%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SWJRX
Schwab Monthly Income Fund - Moderate Payout		4.68%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 SNSXX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SWJRX has higher volatility (1.65%) compared to SNSXX (0.29%). In terms of maximum drawdown, SWJRX dropped -25.61% vs SNSXX's 0.00%.

SNSXX currently has the higher Sharpe Ratio (3.71 vs 2.50), 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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