SWNTX vs. SWAGX
Compare and contrast key facts about Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX).
SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992. SWAGX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWNTX or SWAGX.
Key characteristics
| SWNTX | SWAGX | |
|---|---|---|
| YTD Return | 1.76% | 2.08% |
| 1Y Return | 6.77% | 8.61% |
| 3Y Return (Ann) | -0.39% | -2.15% |
| 5Y Return (Ann) | 0.79% | -0.15% |
| Sharpe Ratio | 2.24 | 1.47 |
| Sortino Ratio | 3.42 | 2.16 |
| Omega Ratio | 1.52 | 1.26 |
| Calmar Ratio | 0.80 | 0.54 |
| Martin Ratio | 9.59 | 5.05 |
| Ulcer Index | 0.71% | 1.71% |
| Daily Std Dev | 3.03% | 5.89% |
| Max Drawdown | -12.93% | -18.84% |
| Current Drawdown | -2.20% | -8.59% |
Correlation
The correlation between SWNTX and SWAGX is 0.52, 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
SWNTX vs. SWAGX - Performance Comparison
In the year-to-date period, SWNTX achieves a 1.76% return, which is significantly lower than SWAGX's 2.08% 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. SWAGX - Expense Ratio Comparison
SWNTX has a 0.48% expense ratio, which is higher than SWAGX's 0.04% expense ratio.
Risk-Adjusted Performance
SWNTX vs. SWAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX). 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. SWAGX - Dividend Comparison
SWNTX's dividend yield for the trailing twelve months is around 3.41%, less than SWAGX's 3.77% 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% |
SWAGX Schwab U.S. Aggregate Bond Index Fund | 3.77% | 3.22% | 2.60% | 2.06% | 2.36% | 2.86% | 2.80% | 1.99% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWNTX vs. SWAGX - Drawdown Comparison
The maximum SWNTX drawdown since its inception was -12.93%, smaller than the maximum SWAGX drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for SWNTX and SWAGX. For additional features, visit the drawdowns tool.
Volatility
SWNTX vs. SWAGX - Volatility Comparison
The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 1.51%, while Schwab U.S. Aggregate Bond Index Fund (SWAGX) has a volatility of 1.70%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than SWAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.