SWOBX vs. MXSDX
SWOBX (Schwab Balanced Fund™) and MXSDX (Great-West Short Duration Bond Fund) are both mutual funds - SWOBX is a Diversified Portfolio fund managed by Charles Schwab, while MXSDX is a Short-Term Bond fund managed by Great-West. Over the past 10 years, SWOBX returned 8.41%/yr vs 2.22%/yr for MXSDX. Their 0.01 correlation means their historical movements had little consistent relationship. SWOBX charges 0.51%/yr vs 0.60%/yr for MXSDX.
Performance
SWOBX vs. MXSDX - Performance Comparison
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Returns By Period
In the year-to-date period, SWOBX achieves a 4.03% return, which is significantly higher than MXSDX's 0.95% return. Over the past 10 years, SWOBX has outperformed MXSDX with an annualized return of 8.41%, while MXSDX has yielded a comparatively lower 2.22% 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%
MXSDX
- 1D
- 0.09%
- 1M
- 0.00%
- 6M
- 0.67%
- YTD
- 0.95%
- 1Y
- 3.28%
- 3Y*
- 4.57%
- 5Y*
- 2.19%
- 10Y*
- 2.22%
- ALL TIME*
- 0.92%
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. MXSDX - 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% |
MXSDX Great-West Short Duration Bond Fund | 0.95% | 5.30% | 4.24% | 5.67% | -4.25% | -0.03% | 4.64% | 5.40% | 0.73% | 1.39% |
Correlation
The correlation between SWOBX and MXSDX is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2002 | 0.01 |
Over the past year, SWOBX and MXSDX have become more correlated (0.41) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
SWOBX vs. MXSDX — Risk / Return Rank
SWOBX
MXSDX
SWOBX vs. MXSDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Balanced Fund™ (SWOBX) and Great-West Short Duration Bond Fund (MXSDX). 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 | MXSDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.59 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.80 | -2.19 |
| Martin ratioReturn relative to average drawdown | 6.48 | 15.35 | -8.88 |
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Drawdowns
SWOBX vs. MXSDX - Drawdown Comparison
The maximum SWOBX drawdown since its inception was -35.99%, which is greater than MXSDX's maximum drawdown of -10.81%. Use the drawdown chart below to compare losses from any high point for SWOBX and MXSDX.
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Drawdown Indicators
| SWOBX | MXSDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -10.81% | -25.18% |
Max Drawdown (1Y)Largest decline over 1 year | -6.58% | -0.85% | -5.73% |
Max Drawdown (3Y)Largest decline over 3 years | -11.72% | -1.30% | -10.42% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -6.63% | -21.67% |
Max Drawdown (10Y)Largest decline over 10 years | -28.30% | -7.78% | -20.52% |
Current DrawdownCurrent decline from peak | -2.11% | -0.09% | -2.02% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -3.01% | -3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 0.21% | +1.42% |
Volatility
SWOBX vs. MXSDX - Volatility Comparison
Schwab Balanced Fund™ (SWOBX) has a higher volatility of 2.69% compared to Great-West Short Duration Bond Fund (MXSDX) at 0.37%. This indicates that SWOBX's price experiences larger fluctuations and is considered to be riskier than MXSDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWOBX | MXSDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 0.37% | +2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 7.64% | 1.00% | +6.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.37% | 1.32% | +8.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 2.12% | +11.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.90% | 2.01% | +10.89% |
SWOBX vs. MXSDX - Expense Ratio Comparison
SWOBX has a 0.51% expense ratio, which is lower than MXSDX's 0.60% expense ratio.
Dividends
SWOBX vs. MXSDX - Dividend Comparison
SWOBX's dividend yield for the trailing twelve months is around 5.26%, more than MXSDX's 3.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXSDX Great-West Short Duration Bond Fund | 3.06% | 3.08% | 4.43% | 2.31% | 1.51% | 1.87% | 2.14% | 2.06% | 1.90% | 0.70% | 0.00% | 0.00% |
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
SWOBX and MXSDX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWOBX has higher volatility (2.69%) compared to MXSDX (0.37%). In terms of maximum drawdown, SWOBX dropped -35.99% vs MXSDX's -10.81%.
MXSDX currently has the higher Sharpe Ratio (2.47 vs 1.13), 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.
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