SWNTX vs. SWLGX
Compare and contrast key facts about Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Performance
SWNTX vs. SWLGX - Performance Comparison
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SWNTX vs. SWLGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWNTX Schwab Tax-Free Bond Fund™ | -0.62% | 4.20% | 1.57% | 5.09% | -8.57% | 0.37% | 4.45% | 6.55% | 0.88% | 0.54% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | -13.06% | 18.55% | 33.30% | 42.67% | -29.17% | 27.55% | 38.43% | 36.30% | -1.59% | -0.60% |
Returns By Period
In the year-to-date period, SWNTX achieves a -0.62% return, which is significantly higher than SWLGX's -13.06% return.
SWNTX
- 1D
- 0.19%
- 1M
- -2.70%
- YTD
- -0.62%
- 6M
- 0.90%
- 1Y
- 3.60%
- 3Y*
- 2.58%
- 5Y*
- 0.44%
- 10Y*
- 1.55%
SWLGX
- 1D
- -0.46%
- 1M
- -8.63%
- YTD
- -13.06%
- 6M
- -12.07%
- 1Y
- 14.45%
- 3Y*
- 19.67%
- 5Y*
- 11.90%
- 10Y*
- —
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SWNTX vs. SWLGX - Expense Ratio Comparison
SWNTX has a 0.48% expense ratio, which is higher than SWLGX's 0.04% expense ratio.
Return for Risk
SWNTX vs. SWLGX — Risk / Return Rank
SWNTX
SWLGX
SWNTX vs. SWLGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.
| SWNTX | SWLGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | 0.66 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.38 | 1.10 | +0.28 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.15 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 0.72 | +0.37 |
Martin ratioReturn relative to average drawdown | 3.58 | 2.51 | +1.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWNTX | SWLGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 0.66 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.56 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.15 | 0.68 | +0.48 |
Correlation
The correlation between SWNTX and SWLGX is 0.05, 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.
Dividends
SWNTX vs. SWLGX - Dividend Comparison
SWNTX's dividend yield for the trailing twelve months is around 3.26%, more than SWLGX's 0.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWNTX Schwab Tax-Free Bond Fund™ | 3.26% | 3.78% | 3.20% | 2.54% | 1.73% | 1.62% | 2.34% | 2.58% | 2.41% | 2.21% | 3.14% | 2.71% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.52% | 0.46% | 0.52% | 0.67% | 0.93% | 1.76% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWNTX vs. SWLGX - Drawdown Comparison
The maximum SWNTX drawdown since its inception was -13.26%, smaller than the maximum SWLGX drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for SWNTX and SWLGX.
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Drawdown Indicators
| SWNTX | SWLGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.26% | -32.69% | +19.43% |
Max Drawdown (1Y)Largest decline over 1 year | -4.40% | -16.16% | +11.76% |
Max Drawdown (5Y)Largest decline over 5 years | -13.26% | -32.69% | +19.43% |
Max Drawdown (10Y)Largest decline over 10 years | -13.26% | — | — |
Current DrawdownCurrent decline from peak | -2.70% | -16.16% | +13.46% |
Average DrawdownAverage peak-to-trough decline | -1.89% | -7.13% | +5.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 4.62% | -3.29% |
Volatility
SWNTX vs. SWLGX - Volatility Comparison
The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 0.94%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 5.38%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWNTX | SWLGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | 5.38% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 1.57% | 11.82% | -10.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.43% | 22.31% | -17.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.45% | 21.47% | -18.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.56% | 22.78% | -19.22% |