SWJRX vs. SNSXX

Last updated Apr 2, 2026

Compare and contrast key facts about Schwab Monthly Income Fund - Moderate Payout (SWJRX) and Schwab U.S. Treasury Money Fund (SNSXX).

SWJRX is managed by Charles Schwab. It was launched on Mar 27, 2008. SNSXX is managed by Charles Schwab. It was launched on Jan 17, 2018.

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.

SWJRX vs. SNSXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SWJRX Schwab Monthly Income Fund - Moderate Payout	3.47%	12.17%	3.83%	8.79%	-12.81%	3.71%
SNSXX Schwab U.S. Treasury Money Fund	0.55%	3.97%	1.61%	0.00%	0.00%	0.00%

Returns By Period

In the year-to-date period, SWJRX achieves a 3.47% return, which is significantly higher than SNSXX's 0.55% return.

SWJRX

• 1D: 0.37%
• 1M: -3.23%
• YTD: 3.47%
• 6M: 5.55%
• 1Y: 11.45%
• 3Y*: 8.64%
• 5Y*: 3.94%
• 10Y*: 5.11%

SNSXX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.55%
• 6M: 1.49%
• 1Y: 3.52%
• 3Y*: 2.03%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWJRX vs. SNSXX - Expense Ratio Comparison

SWJRX

Schwab Monthly Income Fund - Moderate Payout

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: 81
SWJRX Sharpe Ratio Rank: 83
SWJRX Sortino Ratio Rank: 83
SWJRX Omega Ratio Rank: 80
SWJRX Calmar Ratio Rank: 77
SWJRX Martin Ratio Rank: 82

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.

	SWJRX	SNSXX	Difference
Sharpe ratio Return per unit of total volatility	1.60	3.52	-1.91
Sortino ratio Return per unit of downside risk	2.20	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	1.89	—	—
Martin ratio Return relative to average drawdown	8.53	—	—
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 1.60, which is lower than the SNSXX Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of SWJRX and SNSXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SWJRX	SNSXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	3.52	-1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	1.96	-1.37

Correlation

The correlation between SWJRX and SNSXX is 0.03, 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.

Dividends

SWJRX vs. SNSXX - Dividend Comparison

SWJRX's dividend yield for the trailing twelve months is around 4.29%, more than SNSXX's 3.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWJRX Schwab Monthly Income Fund - Moderate Payout	4.29%	4.78%	4.94%	4.80%	8.67%	3.62%	2.49%	5.36%	3.47%	2.93%	6.05%	6.80%
SNSXX Schwab U.S. Treasury Money Fund	3.45%	3.88%	1.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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.

Drawdown Indicators

	SWJRX	SNSXX	Difference
Max Drawdown Largest peak-to-trough decline	-25.61%	0.00%	-25.61%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	0.00%	-6.23%
Max Drawdown (5Y) Largest decline over 5 years	-20.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.87%	—	—
Current Drawdown Current decline from peak	-3.74%	0.00%	-3.74%
Average Drawdown Average peak-to-trough decline	-3.91%	0.00%	-3.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	0.00%	+1.40%

Volatility

SWJRX vs. SNSXX - Volatility Comparison

Schwab Monthly Income Fund - Moderate Payout (SWJRX) has a higher volatility of 2.37% compared to Schwab U.S. Treasury Money Fund (SNSXX) at 0.00%. 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.

Volatility by Period

	SWJRX	SNSXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.37%	0.00%	+2.37%
Volatility (6M) Calculated over the trailing 6-month period	4.10%	0.72%	+3.38%
Volatility (1Y) Calculated over the trailing 1-year period	7.31%	1.09%	+6.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.71%	0.66%	+8.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.57%	0.66%	+7.91%