SWLRX vs. BERIX

Last updated Jun 4, 2026

SWLRX (Schwab Monthly Income Fund - Maximum Payout) and BERIX (Chartwell Income Fund) are both Diversified Portfolio funds. Over the past 10 years, SWLRX returned 3.48%/yr vs 4.97%/yr for BERIX. A 0.60 correlation means they provide meaningful diversification when combined. SWLRX charges 0.00%/yr vs 0.64%/yr for BERIX.

Performance

SWLRX vs. BERIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Monthly Income Fund - Maximum Payout (SWLRX) and Chartwell Income Fund (BERIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWLRX achieves a 4.27% return, which is significantly lower than BERIX's 4.78% return. Over the past 10 years, SWLRX has underperformed BERIX with an annualized return of 3.48%, while BERIX has yielded a comparatively higher 4.97% annualized return.

SWLRX

• 1D: 0.10%
• 1M: 0.79%
• YTD: 4.27%
• 6M: 4.44%
• 1Y: 10.74%
• 3Y*: 8.00%
• 5Y*: 2.70%
• 10Y*: 3.48%

BERIX

• 1D: 0.07%
• 1M: -0.28%
• YTD: 4.78%
• 6M: 5.34%
• 1Y: 13.74%
• 3Y*: 9.85%
• 5Y*: 4.63%
• 10Y*: 4.97%

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

SWLRX vs. BERIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWLRX Schwab Monthly Income Fund - Maximum Payout	4.27%	9.85%	3.75%	8.04%	-12.49%	2.33%	6.93%	11.18%	-2.31%	5.64%
BERIX Chartwell Income Fund	4.78%	13.23%	7.20%	7.77%	-10.14%	7.35%	4.49%	9.69%	-0.81%	3.92%

Correlation

The correlation between SWLRX and BERIX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Mar 31, 2008	0.60

The correlation between SWLRX and BERIX shifts across timeframes, from 0.52 (1 year) to 0.77 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SWLRX vs. BERIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWLRX

SWLRX Risk / Return Rank: 67
SWLRX Sharpe Ratio Rank: 72
SWLRX Sortino Ratio Rank: 74
SWLRX Omega Ratio Rank: 70
SWLRX Calmar Ratio Rank: 64
SWLRX Martin Ratio Rank: 56

BERIX

BERIX Risk / Return Rank: 88
BERIX Sharpe Ratio Rank: 87
BERIX Sortino Ratio Rank: 78
BERIX Omega Ratio Rank: 86
BERIX Calmar Ratio Rank: 94
BERIX Martin Ratio Rank: 92

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.

SWLRX vs. BERIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Maximum Payout (SWLRX) and Chartwell Income Fund (BERIX). 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.

	SWLRX	BERIX	Difference
Sharpe ratio: Return per unit of total volatility	2.46	2.85	-0.39
Sortino ratio: Return per unit of downside risk	3.59	3.71	-0.12
Omega ratio: Gain probability vs. loss probability	1.47	1.59	-0.12
Calmar ratio: Return relative to maximum drawdown	3.09	5.54	-2.45
Martin ratio: Return relative to average drawdown	11.33	19.79	-8.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWLRX vs. BERIX - Sharpe Ratio Comparison

The current SWLRX Sharpe Ratio is 2.46, which is comparable to the BERIX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of SWLRX and BERIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SWLRX	BERIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	2.85	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.78	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.83	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.07	-0.24

Drawdowns

SWLRX vs. BERIX - Drawdown Comparison

The maximum SWLRX drawdown since its inception was -18.60%, smaller than the maximum BERIX drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for SWLRX and BERIX.

Drawdown Indicators

	SWLRX	BERIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.60%	-20.34%	+1.74%
Max Drawdown (1Y) Largest decline over 1 year	-3.49%	-2.51%	-0.98%
Max Drawdown (3Y) Largest decline over 3 years	-6.47%	-5.82%	-0.65%
Max Drawdown (5Y) Largest decline over 5 years	-18.60%	-15.73%	-2.87%
Max Drawdown (10Y) Largest decline over 10 years	-18.60%	-20.34%	+1.74%
Current Drawdown Current decline from peak	-0.74%	-1.08%	+0.34%
Average Drawdown Average peak-to-trough decline	-2.36%	-2.59%	+0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	0.70%	+0.25%

Volatility

SWLRX vs. BERIX - Volatility Comparison

Schwab Monthly Income Fund - Maximum Payout (SWLRX) and Chartwell Income Fund (BERIX) have volatilities of 1.34% and 1.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWLRX	BERIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.34%	1.33%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	3.33%	4.22%	-0.89%
Volatility (1Y) Calculated over the trailing 1-year period	4.38%	4.88%	-0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.20%	5.94%	+0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.13%	6.01%	-0.88%

SWLRX vs. BERIX - Expense Ratio Comparison

SWLRX has a 0.00% expense ratio, which is lower than BERIX's 0.64% expense ratio.

Dividends

SWLRX vs. BERIX - Dividend Comparison

SWLRX's dividend yield for the trailing twelve months is around 4.58%, more than BERIX's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BERIX Chartwell Income Fund	4.06%	3.97%	3.90%	3.36%	3.54%	2.58%	3.07%	3.03%	5.83%	5.22%	2.76%	2.45%
SWLRX Schwab Monthly Income Fund - Maximum Payout	4.58%	4.63%	4.94%	4.10%	4.63%	3.07%	2.19%	3.22%	3.30%	2.47%	4.00%	4.31%

Frequently Asked Questions

Can I hold both SWLRX and BERIX in my portfolio?

SWLRX and BERIX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWLRX or BERIX?

SWLRX has higher volatility (1.34%) compared to BERIX (1.33%). In terms of maximum drawdown, SWLRX dropped -18.60% vs BERIX's -20.34%.

Which has better risk-adjusted returns?

BERIX currently has the higher Sharpe Ratio (2.85 vs 2.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.