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.
Correlation
The correlation between SWNTX and SWAGX is 0.01, 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. SWAGX - Performance Comparison
Key characteristics
SWNTX:
0.14
SWAGX:
1.26
SWNTX:
0.22
SWAGX:
1.87
SWNTX:
1.04
SWAGX:
1.22
SWNTX:
0.13
SWAGX:
0.50
SWNTX:
0.53
SWAGX:
3.19
SWNTX:
1.30%
SWAGX:
2.13%
SWNTX:
4.87%
SWAGX:
5.39%
SWNTX:
-12.60%
SWAGX:
-18.84%
SWNTX:
-3.74%
SWAGX:
-7.37%
Returns By Period
In the year-to-date period, SWNTX achieves a -1.99% return, which is significantly lower than SWAGX's 2.03% return.
SWNTX
-1.99%
-1.67%
-1.30%
0.69%
0.82%
1.54%
SWAGX
2.03%
0.09%
1.32%
6.90%
-0.95%
N/A
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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 Rank
SWNTX
SWAGX
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 3.58%, less than SWAGX's 3.92% 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% |
SWAGX Schwab U.S. Aggregate Bond Index Fund | 3.92% | 3.88% | 3.22% | 2.60% | 2.06% | 2.36% | 2.86% | 2.80% | 1.99% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWNTX vs. SWAGX - Drawdown Comparison
The maximum SWNTX drawdown since its inception was -12.60%, 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
Schwab Tax-Free Bond Fund™ (SWNTX) has a higher volatility of 3.84% compared to Schwab U.S. Aggregate Bond Index Fund (SWAGX) at 2.24%. This indicates that SWNTX's price experiences larger fluctuations and is considered to be riskier than SWAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.