SWJRX vs. SPY
Compare and contrast key facts about Schwab Monthly Income Fund - Moderate Payout (SWJRX) and State Street SPDR S&P 500 ETF (SPY).
SWJRX is managed by Charles Schwab. It was launched on Mar 27, 2008. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
SWJRX vs. SPY - Performance Comparison
Loading graphics...
SWJRX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWJRX Schwab Monthly Income Fund - Moderate Payout | 3.09% | 12.17% | 3.83% | 8.79% | -12.81% | 9.23% | 5.32% | 16.40% | -6.31% | 10.80% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, SWJRX achieves a 3.09% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, SWJRX has underperformed SPY with an annualized return of 5.07%, while SPY has yielded a comparatively higher 13.98% annualized return.
SWJRX
- 1D
- 0.37%
- 1M
- -4.10%
- YTD
- 3.09%
- 6M
- 5.56%
- 1Y
- 11.26%
- 3Y*
- 8.50%
- 5Y*
- 4.04%
- 10Y*
- 5.07%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWJRX vs. SPY - Expense Ratio Comparison
SWJRX has a 0.00% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
SWJRX vs. SPY — Risk / Return Rank
SWJRX
SPY
SWJRX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Moderate Payout (SWJRX) and State Street SPDR S&P 500 ETF (SPY). 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 | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 0.93 | +0.65 |
Sortino ratioReturn per unit of downside risk | 2.17 | 1.45 | +0.72 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.53 | +0.31 |
Martin ratioReturn relative to average drawdown | 8.43 | 7.30 | +1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWJRX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 0.93 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.69 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.78 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.56 | +0.02 |
Correlation
The correlation between SWJRX and SPY is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SWJRX vs. SPY - Dividend Comparison
SWJRX's dividend yield for the trailing twelve months is around 4.31%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWJRX Schwab Monthly Income Fund - Moderate Payout | 4.31% | 4.78% | 4.94% | 4.80% | 8.67% | 3.62% | 2.49% | 5.36% | 3.47% | 2.93% | 6.05% | 6.80% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
SWJRX vs. SPY - Drawdown Comparison
The maximum SWJRX drawdown since its inception was -25.61%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWJRX and SPY.
Loading graphics...
Drawdown Indicators
| SWJRX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.61% | -55.19% | +29.58% |
Max Drawdown (1Y)Largest decline over 1 year | -6.32% | -12.05% | +5.73% |
Max Drawdown (5Y)Largest decline over 5 years | -20.87% | -24.50% | +3.63% |
Max Drawdown (10Y)Largest decline over 10 years | -20.87% | -33.72% | +12.85% |
Current DrawdownCurrent decline from peak | -4.10% | -6.24% | +2.14% |
Average DrawdownAverage peak-to-trough decline | -3.91% | -9.09% | +5.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 2.52% | -1.14% |
Volatility
SWJRX vs. SPY - Volatility Comparison
The current volatility for Schwab Monthly Income Fund - Moderate Payout (SWJRX) is 2.33%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.31%. This indicates that SWJRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWJRX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 5.31% | -2.98% |
Volatility (6M)Calculated over the trailing 6-month period | 4.09% | 9.47% | -5.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.32% | 19.05% | -11.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.71% | 17.06% | -8.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.57% | 17.92% | -9.35% |