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 0.01, 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
SWLRX vs. BIL - Performance Comparison
Key characteristics
SWLRX:
1.40
BIL:
20.68
SWLRX:
1.99
BIL:
263.20
SWLRX:
1.25
BIL:
152.96
SWLRX:
0.67
BIL:
465.05
SWLRX:
4.25
BIL:
4,283.29
SWLRX:
1.72%
BIL:
0.00%
SWLRX:
5.23%
BIL:
0.25%
SWLRX:
-18.73%
BIL:
-0.77%
SWLRX:
-3.40%
BIL:
0.00%
Returns By Period
In the year-to-date period, SWLRX achieves a 1.81% return, which is significantly higher than BIL's 0.54% return. Both investments have delivered pretty close results over the past 10 years, with SWLRX having a 1.69% annualized return and BIL not far behind at 1.68%.
SWLRX
1.81%
1.26%
0.45%
6.96%
0.85%
1.69%
BIL
0.54%
0.32%
2.32%
5.02%
2.43%
1.68%
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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 4.89%, which matches BIL's 4.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWLRX Schwab Monthly Income Fund - Maximum Payout | 4.89% | 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 | 4.93% | 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 1.54% 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.