SWLRX vs. SWOBX
Compare and contrast key facts about Schwab Monthly Income Fund - Maximum Payout (SWLRX) and Schwab Balanced Fund™ (SWOBX).
SWLRX is managed by Charles Schwab. It was launched on Mar 27, 2008. SWOBX is managed by Charles Schwab. It was launched on Nov 17, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLRX or SWOBX.
Correlation
The correlation between SWLRX and SWOBX is 0.56, 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
SWLRX vs. SWOBX - Performance Comparison
Key characteristics
SWLRX:
1.40
SWOBX:
1.14
SWLRX:
2.00
SWOBX:
1.57
SWLRX:
1.26
SWOBX:
1.21
SWLRX:
0.67
SWOBX:
0.66
SWLRX:
4.23
SWOBX:
5.06
SWLRX:
1.73%
SWOBX:
2.12%
SWLRX:
5.23%
SWOBX:
9.41%
SWLRX:
-18.73%
SWOBX:
-41.47%
SWLRX:
-3.09%
SWOBX:
-6.09%
Returns By Period
In the year-to-date period, SWLRX achieves a 2.14% return, which is significantly lower than SWOBX's 2.75% return. Over the past 10 years, SWLRX has underperformed SWOBX with an annualized return of 1.69%, while SWOBX has yielded a comparatively higher 3.25% annualized return.
SWLRX
2.14%
1.04%
0.78%
7.19%
0.87%
1.69%
SWOBX
2.75%
0.82%
1.89%
11.32%
3.41%
3.25%
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SWLRX vs. SWOBX - Expense Ratio Comparison
SWLRX has a 0.00% expense ratio, which is lower than SWOBX'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
SWLRX vs. SWOBX — Risk-Adjusted Performance Rank
SWLRX
SWOBX
SWLRX vs. SWOBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Monthly Income Fund - Maximum Payout (SWLRX) and Schwab Balanced Fund™ (SWOBX). 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. SWOBX - Dividend Comparison
SWLRX's dividend yield for the trailing twelve months is around 4.87%, more than SWOBX's 2.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWLRX Schwab Monthly Income Fund - Maximum Payout | 4.87% | 4.97% | 4.11% | 2.46% | 2.46% | 2.06% | 2.70% | 2.52% | 2.47% | 2.23% | 2.29% | 2.38% |
SWOBX Schwab Balanced Fund™ | 2.26% | 2.32% | 2.15% | 1.72% | 4.50% | 1.06% | 1.42% | 2.66% | 3.08% | 1.57% | 2.30% | 2.24% |
Drawdowns
SWLRX vs. SWOBX - Drawdown Comparison
The maximum SWLRX drawdown since its inception was -18.73%, smaller than the maximum SWOBX drawdown of -41.47%. Use the drawdown chart below to compare losses from any high point for SWLRX and SWOBX. For additional features, visit the drawdowns tool.
Volatility
SWLRX vs. SWOBX - Volatility Comparison
The current volatility for Schwab Monthly Income Fund - Maximum Payout (SWLRX) is 1.47%, while Schwab Balanced Fund™ (SWOBX) has a volatility of 2.08%. This indicates that SWLRX experiences smaller price fluctuations and is considered to be less risky than SWOBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.