SWNTX vs. SWTSX
Compare and contrast key facts about Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab Total Stock Market Index Fund (SWTSX).
SWNTX is managed by Charles Schwab. It was launched on Sep 10, 1992. SWTSX is managed by Charles Schwab. It was launched on Jun 1, 1999.
Performance
SWNTX vs. SWTSX - Performance Comparison
Loading graphics...
SWNTX vs. SWTSX - 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% | 4.29% |
SWTSX Schwab Total Stock Market Index Fund | -6.77% | 17.04% | 23.84% | 26.05% | -19.54% | 25.65% | 20.71% | 30.90% | -5.35% | 21.08% |
Returns By Period
In the year-to-date period, SWNTX achieves a -0.62% return, which is significantly higher than SWTSX's -6.77% return. Over the past 10 years, SWNTX has underperformed SWTSX with an annualized return of 1.55%, while SWTSX has yielded a comparatively higher 13.21% annualized 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%
SWTSX
- 1D
- -0.46%
- 1M
- -7.67%
- YTD
- -6.77%
- 6M
- -4.59%
- 1Y
- 14.70%
- 3Y*
- 16.68%
- 5Y*
- 10.10%
- 10Y*
- 13.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWNTX vs. SWTSX - Expense Ratio Comparison
SWNTX has a 0.48% expense ratio, which is higher than SWTSX's 0.03% expense ratio.
Return for Risk
SWNTX vs. SWTSX — Risk / Return Rank
SWNTX
SWTSX
SWNTX vs. SWTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and Schwab Total Stock Market Index Fund (SWTSX). 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 | SWTSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | 0.83 | +0.19 |
Sortino ratioReturn per unit of downside risk | 1.38 | 1.28 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.19 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.04 | +0.04 |
Martin ratioReturn relative to average drawdown | 3.58 | 5.04 | -1.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWNTX | SWTSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 0.83 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.58 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.71 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.15 | 0.40 | +0.75 |
Correlation
The correlation between SWNTX and SWTSX is -0.10. 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.
Dividends
SWNTX vs. SWTSX - Dividend Comparison
SWNTX's dividend yield for the trailing twelve months is around 3.26%, more than SWTSX's 1.18% 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% |
SWTSX Schwab Total Stock Market Index Fund | 1.18% | 1.10% | 1.24% | 1.41% | 1.62% | 1.46% | 1.63% | 1.92% | 2.58% | 1.83% | 2.32% | 2.79% |
Drawdowns
SWNTX vs. SWTSX - Drawdown Comparison
The maximum SWNTX drawdown since its inception was -13.26%, smaller than the maximum SWTSX drawdown of -54.60%. Use the drawdown chart below to compare losses from any high point for SWNTX and SWTSX.
Loading graphics...
Drawdown Indicators
| SWNTX | SWTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.26% | -54.60% | +41.34% |
Max Drawdown (1Y)Largest decline over 1 year | -4.40% | -12.42% | +8.02% |
Max Drawdown (5Y)Largest decline over 5 years | -13.26% | -25.40% | +12.14% |
Max Drawdown (10Y)Largest decline over 10 years | -13.26% | -35.01% | +21.75% |
Current DrawdownCurrent decline from peak | -2.70% | -8.88% | +6.18% |
Average DrawdownAverage peak-to-trough decline | -1.89% | -10.63% | +8.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 2.56% | -1.23% |
Volatility
SWNTX vs. SWTSX - Volatility Comparison
The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 0.94%, while Schwab Total Stock Market Index Fund (SWTSX) has a volatility of 4.45%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than SWTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWNTX | SWTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | 4.45% | -3.51% |
Volatility (6M)Calculated over the trailing 6-month period | 1.57% | 9.42% | -7.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.43% | 18.52% | -14.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.45% | 17.41% | -13.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.56% | 18.57% | -15.01% |