SWNTX vs. SWPPX
Compare and contrast key facts about Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab S&P 500 Index Fund (SWPPX).
SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992. SWPPX 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 SWPPX.
Performance
SWNTX vs. SWPPX - Performance Comparison
Returns By Period
In the year-to-date period, SWNTX achieves a 1.95% return, which is significantly lower than SWPPX's 26.66% return. Over the past 10 years, SWNTX has underperformed SWPPX with an annualized return of 1.54%, while SWPPX has yielded a comparatively higher 13.20% annualized return.
SWNTX
1.95%
0.93%
2.96%
5.58%
0.76%
1.54%
SWPPX
26.66%
3.08%
13.26%
32.82%
15.76%
13.20%
Key characteristics
| SWNTX | SWPPX | |
|---|---|---|
| Sharpe Ratio | 1.89 | 2.67 |
| Sortino Ratio | 2.84 | 3.55 |
| Omega Ratio | 1.43 | 1.50 |
| Calmar Ratio | 0.77 | 3.88 |
| Martin Ratio | 7.51 | 17.39 |
| Ulcer Index | 0.74% | 1.89% |
| Daily Std Dev | 2.96% | 12.30% |
| Max Drawdown | -12.93% | -55.06% |
| Current Drawdown | -2.02% | -0.46% |
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SWNTX vs. SWPPX - Expense Ratio Comparison
SWNTX has a 0.48% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Correlation
The correlation between SWNTX and SWPPX is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
SWNTX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab S&P 500 Index Fund (SWPPX). 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. SWPPX - Dividend Comparison
SWNTX's dividend yield for the trailing twelve months is around 3.41%, more than SWPPX's 1.13% 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% |
SWPPX Schwab S&P 500 Index Fund | 1.13% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
SWNTX vs. SWPPX - Drawdown Comparison
The maximum SWNTX drawdown since its inception was -12.93%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWNTX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
SWNTX vs. SWPPX - Volatility Comparison
The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 1.28%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.96%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.