SWOBX vs. JABLX
SWOBX (Schwab Balanced Fund™) and JABLX (Janus Henderson VIT Balanced Portfolio) are both Diversified Portfolio funds. Over the past 10 years, SWOBX returned 8.41%/yr vs 10.19%/yr for JABLX. Their correlation of 0.93 means they have usually moved in the same direction. SWOBX charges 0.51%/yr vs 0.62%/yr for JABLX.
Performance
SWOBX vs. JABLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWOBX achieves a 4.03% return, which is significantly higher than JABLX's 3.17% return. Over the past 10 years, SWOBX has underperformed JABLX with an annualized return of 8.41%, while JABLX has yielded a comparatively higher 10.19% annualized return.
SWOBX
- 1D
- 1.25%
- 1M
- -0.80%
- 6M
- 2.88%
- YTD
- 4.03%
- 1Y
- 11.56%
- 3Y*
- 11.08%
- 5Y*
- 5.64%
- 10Y*
- 8.41%
- ALL TIME*
- 7.16%
JABLX
- 1D
- 1.55%
- 1M
- -0.36%
- 6M
- 2.58%
- YTD
- 3.17%
- 1Y
- 9.45%
- 3Y*
- 12.50%
- 5Y*
- 6.86%
- 10Y*
- 10.19%
- ALL TIME*
- 9.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SWOBX vs. JABLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWOBX Schwab Balanced Fund™ | 4.03% | 12.76% | 12.51% | 18.25% | -18.86% | 14.76% | 14.73% | 20.13% | -4.35% | 15.52% |
JABLX Janus Henderson VIT Balanced Portfolio | 3.17% | 15.13% | 15.42% | 15.41% | -16.36% | 17.20% | 14.21% | 22.60% | 0.68% | 18.44% |
Correlation
The correlation between SWOBX and JABLX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1997 | 0.93 |
The correlation between SWOBX and JABLX has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWOBX vs. JABLX — Risk / Return Rank
SWOBX
JABLX
SWOBX vs. JABLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Balanced Fund™ (SWOBX) and Janus Henderson VIT Balanced Portfolio (JABLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWOBX | JABLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.16 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 1.05 | +0.56 |
| Martin ratioReturn relative to average drawdown | 6.48 | 4.43 | +2.05 |
Loading charts...
Drawdowns
SWOBX vs. JABLX - Drawdown Comparison
The maximum SWOBX drawdown since its inception was -35.99%, which is greater than JABLX's maximum drawdown of -27.07%. Use the drawdown chart below to compare losses from any high point for SWOBX and JABLX.
Loading charts...
Drawdown Indicators
| SWOBX | JABLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -27.07% | -8.92% |
Max Drawdown (1Y)Largest decline over 1 year | -6.58% | -8.10% | +1.52% |
Max Drawdown (3Y)Largest decline over 3 years | -11.72% | -11.89% | +0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -21.30% | -7.00% |
Max Drawdown (10Y)Largest decline over 10 years | -28.30% | -22.47% | -5.83% |
Current DrawdownCurrent decline from peak | -2.11% | -0.91% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -4.69% | -1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.92% | -0.29% |
Volatility
SWOBX vs. JABLX - Volatility Comparison
Schwab Balanced Fund™ (SWOBX) and Janus Henderson VIT Balanced Portfolio (JABLX) have volatilities of 2.69% and 2.67%, 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.
Loading charts...
Volatility by Period
| SWOBX | JABLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 2.67% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.64% | 7.69% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.37% | 9.48% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 11.28% | +2.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.90% | 11.15% | +1.75% |
SWOBX vs. JABLX - Expense Ratio Comparison
SWOBX has a 0.51% expense ratio, which is lower than JABLX's 0.62% expense ratio.
Dividends
SWOBX vs. JABLX - Dividend Comparison
SWOBX's dividend yield for the trailing twelve months is around 5.26%, less than JABLX's 10.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JABLX Janus Henderson VIT Balanced Portfolio | 10.73% | 5.16% | 2.02% | 2.01% | 4.78% | 1.58% | 3.14% | 4.43% | 5.22% | 1.71% | 3.64% | 5.22% |
SWOBX Schwab Balanced Fund™ | 5.26% | 5.47% | 4.94% | 5.67% | 10.21% | 6.47% | 2.97% | 5.21% | 7.11% | 3.20% | 7.83% | 7.66% |
Frequently Asked Questions
With a correlation of 0.96, SWOBX and JABLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SWOBX has higher volatility (2.69%) compared to JABLX (2.67%). In terms of maximum drawdown, SWOBX dropped -35.99% vs JABLX's -27.07%.
SWOBX currently has the higher Sharpe Ratio (1.13 vs 0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SWOBX and JABLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer