SWNTX vs. SCMB
Compare and contrast key facts about Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab Municipal Bond ETF (SCMB).
SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992. SCMB is a passively managed fund by Schwab that tracks the performance of the ICE AMT-Free Core U.S. National Municipal Index - Benchmark TR Gross. It was launched on Oct 11, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWNTX or SCMB.
Correlation
The correlation between SWNTX and SCMB is 0.10, 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
SWNTX vs. SCMB - Performance Comparison
Key characteristics
SWNTX:
0.11
SCMB:
0.05
SWNTX:
0.20
SCMB:
0.11
SWNTX:
1.03
SCMB:
1.02
SWNTX:
0.11
SCMB:
0.06
SWNTX:
0.43
SCMB:
0.20
SWNTX:
1.43%
SCMB:
1.49%
SWNTX:
4.86%
SCMB:
4.85%
SWNTX:
-12.93%
SCMB:
-6.13%
SWNTX:
-3.38%
SCMB:
-2.83%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with SWNTX at -1.25% and SCMB at -1.25%.
SWNTX
-1.25%
2.49%
-1.21%
0.52%
0.75%
1.44%
SCMB
-1.25%
1.07%
-1.40%
0.25%
N/A
N/A
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SWNTX vs. SCMB - Expense Ratio Comparison
SWNTX has a 0.48% expense ratio, which is higher than SCMB's 0.03% expense ratio.
Risk-Adjusted Performance
SWNTX vs. SCMB — Risk-Adjusted Performance Rank
SWNTX
SCMB
SWNTX vs. SCMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab Municipal Bond ETF (SCMB). 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. SCMB - Dividend Comparison
SWNTX's dividend yield for the trailing twelve months is around 3.27%, which matches SCMB's 3.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWNTX Schwab Tax-Free Bond Fund™ | 3.27% | 3.44% | 3.06% | 2.33% | 1.67% | 1.97% | 2.31% | 2.42% | 2.34% | 2.24% | 2.22% | 2.30% |
SCMB Schwab Municipal Bond ETF | 3.27% | 3.34% | 3.10% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWNTX vs. SCMB - Drawdown Comparison
The maximum SWNTX drawdown since its inception was -12.93%, which is greater than SCMB's maximum drawdown of -6.13%. Use the drawdown chart below to compare losses from any high point for SWNTX and SCMB. For additional features, visit the drawdowns tool.
Volatility
SWNTX vs. SCMB - Volatility Comparison
Schwab Tax-Free Bond Fund™ (SWNTX) has a higher volatility of 2.52% compared to Schwab Municipal Bond ETF (SCMB) at 1.65%. This indicates that SWNTX's price experiences larger fluctuations and is considered to be riskier than SCMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.