SWLRX vs. BIL
Compare and contrast key facts about Schwab Monthly Income Fund - Maximum Payout (SWLRX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
SWLRX is managed by Charles Schwab. It was launched on Mar 27, 2008. BIL is a passively managed fund by State Street that tracks the performance of the Barclays Capital U.S. 1-3 Month Treasury Bill Index. It was launched on May 25, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLRX or BIL.
Correlation
The correlation between SWLRX and BIL is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SWLRX vs. BIL - Performance Comparison
Key characteristics
SWLRX:
1.24
BIL:
20.50
SWLRX:
1.74
BIL:
251.65
SWLRX:
1.24
BIL:
146.29
SWLRX:
0.72
BIL:
445.64
SWLRX:
4.18
BIL:
4,090.73
SWLRX:
1.78%
BIL:
0.00%
SWLRX:
6.05%
BIL:
0.24%
SWLRX:
-18.73%
BIL:
-0.77%
SWLRX:
-3.16%
BIL:
0.00%
Returns By Period
In the year-to-date period, SWLRX achieves a 2.07% return, which is significantly higher than BIL's 1.33% return. Over the past 10 years, SWLRX has underperformed BIL with an annualized return of 1.65%, while BIL has yielded a comparatively higher 1.76% annualized return.
SWLRX
2.07%
-1.28%
0.53%
7.82%
1.22%
1.65%
BIL
1.33%
0.32%
2.17%
4.82%
2.54%
1.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWLRX vs. BIL - Expense Ratio Comparison
SWLRX has a 0.00% expense ratio, which is lower than BIL's 0.14% 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
SWLRX vs. BIL — Risk-Adjusted Performance Rank
SWLRX
BIL
SWLRX vs. BIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Maximum Payout (SWLRX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). 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
SWLRX vs. BIL - Dividend Comparison
SWLRX's dividend yield for the trailing twelve months is around 4.94%, more than BIL's 4.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.76% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% |
Drawdowns
SWLRX vs. BIL - Drawdown Comparison
The maximum SWLRX drawdown since its inception was -18.73%, which is greater than BIL's maximum drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for SWLRX and BIL. For additional features, visit the drawdowns tool.
Volatility
SWLRX vs. BIL - Volatility Comparison
Schwab Monthly Income Fund - Maximum Payout (SWLRX) has a higher volatility of 3.60% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that SWLRX's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.