SWKRX vs. SWVXX
Compare and contrast key facts about Schwab Monthly Income Fund - Enhanced Payout (SWKRX) and Schwab Value Advantage Money Fund (SWVXX).
SWKRX 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 SWVXX.
Correlation
The correlation between SWKRX and SWVXX is 0.00, 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.
Performance
SWKRX vs. SWVXX - Performance Comparison
Key characteristics
SWKRX:
1.16
SWVXX:
3.57
SWKRX:
2.15%
SWVXX:
0.00%
SWKRX:
6.39%
SWVXX:
1.36%
SWKRX:
-20.18%
SWVXX:
0.00%
SWKRX:
-4.31%
SWVXX:
0.00%
Returns By Period
In the year-to-date period, SWKRX achieves a 2.49% return, which is significantly higher than SWVXX's 0.37% return. Over the past 10 years, SWKRX has outperformed SWVXX with an annualized return of 2.02%, while SWVXX has yielded a comparatively lower 1.67% annualized return.
SWKRX
2.49%
1.58%
0.19%
7.65%
0.94%
2.02%
SWVXX
0.37%
0.37%
2.19%
4.85%
2.46%
1.67%
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Risk-Adjusted Performance
SWKRX vs. SWVXX — Risk-Adjusted Performance Rank
SWKRX
SWVXX
SWKRX vs. SWVXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Enhanced Payout (SWKRX) and Schwab Value Advantage Money Fund (SWVXX). 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.
Drawdowns
SWKRX vs. SWVXX - Drawdown Comparison
The maximum SWKRX drawdown since its inception was -20.18%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SWKRX and SWVXX. For additional features, visit the drawdowns tool.
Volatility
SWKRX vs. SWVXX - Volatility Comparison
Schwab Monthly Income Fund - Enhanced Payout (SWKRX) has a higher volatility of 1.87% compared to Schwab Value Advantage Money Fund (SWVXX) at 0.37%. This indicates that SWKRX's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.