SWJRX vs. SWLRX
Compare and contrast key facts about Schwab Monthly Income Fund - Moderate Payout (SWJRX) and Schwab Monthly Income Fund - Maximum Payout (SWLRX).
SWJRX is managed by Charles Schwab. It was launched on Mar 27, 2008. SWLRX is managed by Charles Schwab. It was launched on Mar 27, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWJRX or SWLRX.
Correlation
The correlation between SWJRX and SWLRX is 0.72, 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.
Performance
SWJRX vs. SWLRX - Performance Comparison
Key characteristics
SWJRX:
1.03
SWLRX:
1.14
SWJRX:
1.46
SWLRX:
1.61
SWJRX:
1.18
SWLRX:
1.20
SWJRX:
0.52
SWLRX:
0.56
SWJRX:
3.19
SWLRX:
3.54
SWJRX:
2.14%
SWLRX:
1.71%
SWJRX:
6.65%
SWLRX:
5.33%
SWJRX:
-25.61%
SWLRX:
-18.73%
SWJRX:
-5.48%
SWLRX:
-4.03%
Returns By Period
In the year-to-date period, SWJRX achieves a 1.75% return, which is significantly higher than SWLRX's 1.15% return. Over the past 10 years, SWJRX has outperformed SWLRX with an annualized return of 1.75%, while SWLRX has yielded a comparatively lower 1.61% annualized return.
SWJRX
1.75%
2.68%
0.95%
7.92%
1.20%
1.75%
SWLRX
1.15%
2.15%
0.55%
6.98%
0.72%
1.61%
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SWJRX vs. SWLRX - Expense Ratio Comparison
SWJRX has a 0.00% expense ratio, which is lower than SWLRX's 0.00% 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%.
Risk-Adjusted Performance
SWJRX vs. SWLRX — Risk-Adjusted Performance Rank
SWJRX
SWLRX
SWJRX vs. SWLRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Moderate Payout (SWJRX) and Schwab Monthly Income Fund - Maximum Payout (SWLRX). 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.
Dividends
SWJRX vs. SWLRX - Dividend Comparison
SWJRX's dividend yield for the trailing twelve months is around 4.90%, which matches SWLRX's 4.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWJRX Schwab Monthly Income Fund - Moderate Payout | 4.90% | 4.93% | 4.83% | 3.10% | 3.06% | 1.84% | 2.62% | 2.38% | 2.94% | 2.16% | 2.65% | 2.77% |
SWLRX Schwab Monthly Income Fund - Maximum Payout | 4.92% | 4.97% | 4.11% | 2.46% | 2.46% | 2.06% | 2.70% | 2.52% | 2.47% | 2.23% | 2.29% | 2.38% |
Drawdowns
SWJRX vs. SWLRX - Drawdown Comparison
The maximum SWJRX drawdown since its inception was -25.61%, which is greater than SWLRX's maximum drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for SWJRX and SWLRX. For additional features, visit the drawdowns tool.
Volatility
SWJRX vs. SWLRX - Volatility Comparison
Schwab Monthly Income Fund - Moderate Payout (SWJRX) has a higher volatility of 2.18% compared to Schwab Monthly Income Fund - Maximum Payout (SWLRX) at 1.65%. This indicates that SWJRX's price experiences larger fluctuations and is considered to be riskier than SWLRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.