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SWNTX vs. FNDB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SWNTX vs. FNDB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab Fundamental U.S. Broad Market Index ETF (FNDB). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.40%
10.66%
SWNTX
FNDB

Returns By Period

In the year-to-date period, SWNTX achieves a 1.95% return, which is significantly lower than FNDB's 20.26% return. Over the past 10 years, SWNTX has underperformed FNDB with an annualized return of 1.54%, while FNDB has yielded a comparatively higher 14.31% annualized return.


SWNTX

YTD

1.95%

1M

-0.25%

6M

2.40%

1Y

5.97%

5Y (annualized)

0.76%

10Y (annualized)

1.54%

FNDB

YTD

20.26%

1M

0.38%

6M

10.66%

1Y

30.10%

5Y (annualized)

17.80%

10Y (annualized)

14.31%

Key characteristics


SWNTXFNDB
Sharpe Ratio2.052.72
Sortino Ratio3.083.73
Omega Ratio1.471.50
Calmar Ratio0.804.75
Martin Ratio8.2917.44
Ulcer Index0.73%1.76%
Daily Std Dev2.96%11.32%
Max Drawdown-12.93%-38.17%
Current Drawdown-2.02%-1.76%

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SWNTX vs. FNDB - Expense Ratio Comparison

SWNTX has a 0.48% expense ratio, which is higher than FNDB's 0.25% expense ratio.


SWNTX
Schwab Tax-Free Bond Fund™
Expense ratio chart for SWNTX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for FNDB: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.0-0.1

The correlation between SWNTX and FNDB is -0.10. 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.

Risk-Adjusted Performance

SWNTX vs. FNDB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab Fundamental U.S. Broad Market Index ETF (FNDB). 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.


Sharpe ratio
The chart of Sharpe ratio for SWNTX, currently valued at 2.05, compared to the broader market0.002.004.002.052.72
The chart of Sortino ratio for SWNTX, currently valued at 3.08, compared to the broader market0.005.0010.003.083.73
The chart of Omega ratio for SWNTX, currently valued at 1.47, compared to the broader market1.002.003.004.001.471.50
The chart of Calmar ratio for SWNTX, currently valued at 0.80, compared to the broader market0.005.0010.0015.0020.0025.000.804.75
The chart of Martin ratio for SWNTX, currently valued at 8.29, compared to the broader market0.0020.0040.0060.0080.00100.008.2917.44
SWNTX
FNDB

The current SWNTX Sharpe Ratio is 2.05, which is comparable to the FNDB Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of SWNTX and FNDB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.05
2.72
SWNTX
FNDB

Dividends

SWNTX vs. FNDB - Dividend Comparison

SWNTX's dividend yield for the trailing twelve months is around 3.41%, more than FNDB's 2.54% yield.


TTM20232022202120202019201820172016201520142013
SWNTX
Schwab Tax-Free Bond Fund™
3.41%3.06%2.33%1.67%1.97%2.31%2.42%2.34%2.24%2.22%2.30%2.38%
FNDB
Schwab Fundamental U.S. Broad Market Index ETF
2.54%3.66%4.93%2.50%4.45%6.71%4.96%4.66%2.95%4.55%3.21%1.19%

Drawdowns

SWNTX vs. FNDB - Drawdown Comparison

The maximum SWNTX drawdown since its inception was -12.93%, smaller than the maximum FNDB drawdown of -38.17%. Use the drawdown chart below to compare losses from any high point for SWNTX and FNDB. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.02%
-1.76%
SWNTX
FNDB

Volatility

SWNTX vs. FNDB - Volatility Comparison

The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 1.49%, while Schwab Fundamental U.S. Broad Market Index ETF (FNDB) has a volatility of 4.07%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than FNDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
1.49%
4.07%
SWNTX
FNDB