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 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SWNTX vs. SCMB - Performance Comparison
Key characteristics
SWNTX:
0.16
SCMB:
0.30
SWNTX:
0.25
SCMB:
0.42
SWNTX:
1.04
SCMB:
1.06
SWNTX:
0.15
SCMB:
0.31
SWNTX:
0.65
SCMB:
1.14
SWNTX:
1.21%
SCMB:
1.28%
SWNTX:
4.78%
SCMB:
4.81%
SWNTX:
-12.60%
SCMB:
-5.11%
SWNTX:
-3.65%
SCMB:
-3.54%
Returns By Period
The year-to-date returns for both stocks are quite close, with SWNTX having a -1.90% return and SCMB slightly lower at -1.98%.
SWNTX
-1.90%
-1.94%
-2.28%
0.79%
0.58%
1.53%
SCMB
-1.98%
-2.08%
-2.59%
1.24%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 3.58%, more than SCMB's 3.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWNTX Schwab Tax-Free Bond Fund™ | 3.58% | 3.44% | 3.07% | 2.34% | 2.04% | 2.51% | 2.59% | 2.41% | 2.21% | 3.14% | 2.71% | 3.29% |
SCMB Schwab Municipal Bond ETF | 3.44% | 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 -12.60%, which is greater than SCMB's maximum drawdown of -5.11%. 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 3.75% compared to Schwab Municipal Bond ETF (SCMB) at 3.06%. 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.