SWNTX vs. SWBGX
Compare and contrast key facts about Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab MarketTrack Balanced Portfolio™ (SWBGX).
SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992. SWBGX is managed by Charles Schwab. It was launched on Nov 19, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWNTX or SWBGX.
Key characteristics
| SWNTX | SWBGX | |
|---|---|---|
| YTD Return | 1.76% | 11.93% |
| 1Y Return | 6.87% | 21.79% |
| 3Y Return (Ann) | -0.39% | 3.21% |
| 5Y Return (Ann) | 0.77% | 7.09% |
| 10Y Return (Ann) | 1.53% | 6.48% |
| Sharpe Ratio | 2.24 | 2.70 |
| Sortino Ratio | 3.42 | 3.90 |
| Omega Ratio | 1.52 | 1.55 |
| Calmar Ratio | 0.80 | 2.14 |
| Martin Ratio | 9.53 | 17.89 |
| Ulcer Index | 0.71% | 1.22% |
| Daily Std Dev | 3.02% | 8.07% |
| Max Drawdown | -12.93% | -40.37% |
| Current Drawdown | -2.20% | 0.00% |
Correlation
The correlation between SWNTX and SWBGX 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. SWBGX - Performance Comparison
In the year-to-date period, SWNTX achieves a 1.76% return, which is significantly lower than SWBGX's 11.93% return. Over the past 10 years, SWNTX has underperformed SWBGX with an annualized return of 1.53%, while SWBGX has yielded a comparatively higher 6.48% 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. SWBGX - Expense Ratio Comparison
SWNTX has a 0.48% expense ratio, which is higher than SWBGX's 0.40% expense ratio.
Risk-Adjusted Performance
SWNTX vs. SWBGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab MarketTrack Balanced Portfolio™ (SWBGX). 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. SWBGX - Dividend Comparison
SWNTX's dividend yield for the trailing twelve months is around 3.41%, more than SWBGX's 2.01% 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% |
SWBGX Schwab MarketTrack Balanced Portfolio™ | 2.01% | 2.25% | 1.82% | 1.60% | 1.64% | 2.09% | 2.37% | 1.79% | 1.72% | 2.04% | 1.60% | 1.43% |
Drawdowns
SWNTX vs. SWBGX - Drawdown Comparison
The maximum SWNTX drawdown since its inception was -12.93%, smaller than the maximum SWBGX drawdown of -40.37%. Use the drawdown chart below to compare losses from any high point for SWNTX and SWBGX. For additional features, visit the drawdowns tool.
Volatility
SWNTX vs. SWBGX - Volatility Comparison
The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 1.51%, while Schwab MarketTrack Balanced Portfolio™ (SWBGX) has a volatility of 2.04%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than SWBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.