SWNTX vs. FNDB
Compare and contrast key facts about Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab Fundamental U.S. Broad Market Index ETF (FNDB).
SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992. FNDB is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI US. It was launched on Aug 8, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWNTX or FNDB.
Key characteristics
| SWNTX | FNDB | |
|---|---|---|
| YTD Return | 1.76% | 21.61% |
| 1Y Return | 6.87% | 36.24% |
| 3Y Return (Ann) | -0.39% | 13.45% |
| 5Y Return (Ann) | 0.77% | 18.03% |
| 10Y Return (Ann) | 1.53% | 14.59% |
| Sharpe Ratio | 2.24 | 3.14 |
| Sortino Ratio | 3.42 | 4.30 |
| Omega Ratio | 1.52 | 1.58 |
| Calmar Ratio | 0.80 | 5.56 |
| Martin Ratio | 9.53 | 20.55 |
| Ulcer Index | 0.71% | 1.75% |
| Daily Std Dev | 3.02% | 11.48% |
| Max Drawdown | -12.93% | -38.17% |
| Current Drawdown | -2.20% | -0.66% |
Correlation
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.
Performance
SWNTX vs. FNDB - Performance Comparison
In the year-to-date period, SWNTX achieves a 1.76% return, which is significantly lower than FNDB's 21.61% return. Over the past 10 years, SWNTX has underperformed FNDB with an annualized return of 1.53%, while FNDB has yielded a comparatively higher 14.59% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
SWNTX vs. FNDB - Dividend Comparison
SWNTX's dividend yield for the trailing twelve months is around 3.41%, less than FNDB's 4.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 4.16% | 5.41% | 2.99% | 3.23% | 3.10% | 3.23% | 5.96% | 4.83% | 3.18% | 4.55% | 4.94% | 0.48% |
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.
Volatility
SWNTX vs. FNDB - Volatility Comparison
The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 1.51%, while Schwab Fundamental U.S. Broad Market Index ETF (FNDB) has a volatility of 4.10%. 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.