SWOBX vs. SWLGX
Compare and contrast key facts about Schwab Balanced Fund™ (SWOBX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
SWOBX is managed by Charles Schwab. It was launched on Nov 17, 1996. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWOBX or SWLGX.
Key characteristics
| SWOBX | SWLGX | |
|---|---|---|
| YTD Return | 14.93% | 32.22% |
| 1Y Return | 19.85% | 42.61% |
| 3Y Return (Ann) | -1.24% | 10.49% |
| 5Y Return (Ann) | 4.22% | 20.03% |
| Sharpe Ratio | 2.06 | 2.55 |
| Sortino Ratio | 2.77 | 3.27 |
| Omega Ratio | 1.40 | 1.47 |
| Calmar Ratio | 0.98 | 3.24 |
| Martin Ratio | 10.62 | 12.73 |
| Ulcer Index | 1.87% | 3.34% |
| Daily Std Dev | 9.62% | 16.67% |
| Max Drawdown | -41.46% | -32.69% |
| Current Drawdown | -4.52% | 0.00% |
Correlation
The correlation between SWOBX and SWLGX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SWOBX vs. SWLGX - Performance Comparison
In the year-to-date period, SWOBX achieves a 14.93% return, which is significantly lower than SWLGX's 32.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWOBX vs. SWLGX - Expense Ratio Comparison
SWOBX has a 0.00% expense ratio, which is lower than SWLGX's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SWOBX vs. SWLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Balanced Fund™ (SWOBX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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. SWLGX - Dividend Comparison
SWOBX's dividend yield for the trailing twelve months is around 1.87%, more than SWLGX's 0.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWOBX Schwab Balanced Fund™ | 1.87% | 2.15% | 1.72% | 4.50% | 1.06% | 1.42% | 2.66% | 3.08% | 1.57% | 2.30% | 2.24% | 1.42% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.51% | 0.67% | 0.93% | 0.57% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWOBX vs. SWLGX - Drawdown Comparison
The maximum SWOBX drawdown since its inception was -41.46%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for SWOBX and SWLGX. For additional features, visit the drawdowns tool.
Volatility
SWOBX vs. SWLGX - Volatility Comparison
The current volatility for Schwab Balanced Fund™ (SWOBX) is 2.37%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 5.05%. This indicates that SWOBX experiences smaller price fluctuations and is considered to be less risky than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.