SWOBX vs. GAA
Compare and contrast key facts about Schwab Balanced Fund™ (SWOBX) and Cambria Global Asset Allocation ETF (GAA).
SWOBX is managed by Charles Schwab. It was launched on Nov 17, 1996. GAA is an actively managed fund by Cambria. It was launched on Dec 9, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWOBX or GAA.
Performance
SWOBX vs. GAA - Performance Comparison
Returns By Period
In the year-to-date period, SWOBX achieves a 13.26% return, which is significantly higher than GAA's 8.75% return.
SWOBX
13.26%
0.06%
7.38%
14.93%
3.80%
3.30%
GAA
8.75%
0.24%
4.17%
13.97%
5.82%
N/A
Key characteristics
| SWOBX | GAA | |
|---|---|---|
| Sharpe Ratio | 1.61 | 1.43 |
| Sortino Ratio | 2.17 | 2.04 |
| Omega Ratio | 1.31 | 1.26 |
| Calmar Ratio | 0.83 | 1.82 |
| Martin Ratio | 8.13 | 8.99 |
| Ulcer Index | 1.88% | 1.58% |
| Daily Std Dev | 9.49% | 9.94% |
| Max Drawdown | -41.46% | -26.57% |
| Current Drawdown | -5.91% | -1.80% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWOBX vs. GAA - Expense Ratio Comparison
SWOBX has a 0.00% expense ratio, which is lower than GAA's 0.41% expense ratio.
Correlation
The correlation between SWOBX and GAA is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
SWOBX vs. GAA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Balanced Fund™ (SWOBX) and Cambria Global Asset Allocation ETF (GAA). 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
SWOBX vs. GAA - Dividend Comparison
SWOBX's dividend yield for the trailing twelve months is around 1.90%, less than GAA's 4.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWOBX Schwab Balanced Fund™ | 1.90% | 2.15% | 1.72% | 4.50% | 1.06% | 1.42% | 2.66% | 3.08% | 1.57% | 2.30% | 2.24% | 1.42% |
GAA Cambria Global Asset Allocation ETF | 4.55% | 3.73% | 6.05% | 4.21% | 2.73% | 3.32% | 3.00% | 2.35% | 2.81% | 2.49% | 0.57% | 0.00% |
Drawdowns
SWOBX vs. GAA - Drawdown Comparison
The maximum SWOBX drawdown since its inception was -41.46%, which is greater than GAA's maximum drawdown of -26.57%. Use the drawdown chart below to compare losses from any high point for SWOBX and GAA. For additional features, visit the drawdowns tool.
Volatility
SWOBX vs. GAA - Volatility Comparison
Schwab Balanced Fund™ (SWOBX) and Cambria Global Asset Allocation ETF (GAA) have volatilities of 2.32% and 2.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.