SWKRX vs. SWLRX
Compare and contrast key facts about Schwab Monthly Income Fund - Enhanced Payout (SWKRX) and Schwab Monthly Income Fund - Maximum Payout (SWLRX).
SWKRX 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: SWKRX or SWLRX.
Correlation
The correlation between SWKRX and SWLRX is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SWKRX vs. SWLRX - Performance Comparison
Key characteristics
SWKRX:
1.04
SWLRX:
1.24
SWKRX:
1.47
SWLRX:
1.74
SWKRX:
1.20
SWLRX:
1.24
SWKRX:
0.69
SWLRX:
0.72
SWKRX:
3.55
SWLRX:
4.18
SWKRX:
2.30%
SWLRX:
1.78%
SWKRX:
7.86%
SWLRX:
6.05%
SWKRX:
-20.18%
SWLRX:
-18.73%
SWKRX:
-4.13%
SWLRX:
-3.16%
Returns By Period
In the year-to-date period, SWKRX achieves a 2.68% return, which is significantly higher than SWLRX's 2.07% return. Over the past 10 years, SWKRX has outperformed SWLRX with an annualized return of 2.00%, while SWLRX has yielded a comparatively lower 1.65% annualized return.
SWKRX
2.68%
-1.35%
0.29%
8.52%
2.14%
2.00%
SWLRX
2.07%
-1.28%
0.53%
7.82%
1.22%
1.65%
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SWKRX vs. SWLRX - Expense Ratio Comparison
SWKRX 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
SWKRX vs. SWLRX — Risk-Adjusted Performance Rank
SWKRX
SWLRX
SWKRX vs. SWLRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Enhanced Payout (SWKRX) 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
SWKRX vs. SWLRX - Dividend Comparison
SWKRX's dividend yield for the trailing twelve months is around 4.71%, less than SWLRX's 4.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWKRX Schwab Monthly Income Fund - Enhanced Payout | 4.71% | 4.77% | 4.74% | 2.99% | 2.83% | 2.00% | 2.68% | 2.43% | 2.72% | 2.23% | 2.42% | 2.50% |
SWLRX Schwab Monthly Income Fund - Maximum Payout | 4.94% | 4.97% | 4.11% | 2.46% | 2.46% | 2.06% | 2.70% | 2.52% | 2.47% | 2.23% | 2.29% | 2.38% |
Drawdowns
SWKRX vs. SWLRX - Drawdown Comparison
The maximum SWKRX drawdown since its inception was -20.18%, which is greater than SWLRX's maximum drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for SWKRX and SWLRX. For additional features, visit the drawdowns tool.
Volatility
SWKRX vs. SWLRX - Volatility Comparison
Schwab Monthly Income Fund - Enhanced Payout (SWKRX) has a higher volatility of 5.07% compared to Schwab Monthly Income Fund - Maximum Payout (SWLRX) at 3.60%. This indicates that SWKRX'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.