SWOBX vs. SWLRX
Compare and contrast key facts about Schwab Balanced Fund™ (SWOBX) and Schwab Monthly Income Fund - Maximum Payout (SWLRX).
SWOBX is managed by Charles Schwab. It was launched on Nov 17, 1996. SWLRX is managed by Charles Schwab. It was launched on Mar 27, 2008.
Performance
SWOBX vs. SWLRX - Performance Comparison
Loading graphics...
SWOBX vs. SWLRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWOBX Schwab Balanced Fund™ | -4.75% | 12.76% | 12.51% | 18.25% | -18.86% | 14.76% | 14.73% | 20.13% | -4.35% | 15.52% |
SWLRX Schwab Monthly Income Fund - Maximum Payout | 1.80% | 9.85% | 3.75% | 8.04% | -12.49% | 2.33% | 6.93% | 11.18% | -2.31% | 5.64% |
Returns By Period
In the year-to-date period, SWOBX achieves a -4.75% return, which is significantly lower than SWLRX's 1.80% return. Over the past 10 years, SWOBX has outperformed SWLRX with an annualized return of 7.90%, while SWLRX has yielded a comparatively lower 3.34% annualized return.
SWOBX
- 1D
- -0.06%
- 1M
- -6.07%
- YTD
- -4.75%
- 6M
- -2.83%
- 1Y
- 9.96%
- 3Y*
- 10.26%
- 5Y*
- 5.35%
- 10Y*
- 7.90%
SWLRX
- 1D
- 0.41%
- 1M
- -3.09%
- YTD
- 1.80%
- 6M
- 3.62%
- 1Y
- 8.40%
- 3Y*
- 6.97%
- 5Y*
- 2.62%
- 10Y*
- 3.34%
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. SWLRX - Expense Ratio Comparison
SWOBX has a 0.00% expense ratio, which is lower than SWLRX's 0.00% 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%.
Return for Risk
SWOBX vs. SWLRX — Risk / Return Rank
SWOBX
SWLRX
SWOBX vs. SWLRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Balanced Fund™ (SWOBX) and Schwab Monthly Income Fund - Maximum Payout (SWLRX). 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.
| SWOBX | SWLRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.58 | -0.67 |
Sortino ratioReturn per unit of downside risk | 1.37 | 2.17 | -0.81 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.31 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.23 | 1.97 | -0.74 |
Martin ratioReturn relative to average drawdown | 5.34 | 8.47 | -3.14 |
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
| SWOBX | SWLRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.58 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.43 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.66 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.80 | -0.22 |
Correlation
The correlation between SWOBX and SWLRX is 0.56, 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.
Dividends
SWOBX vs. SWLRX - Dividend Comparison
SWOBX's dividend yield for the trailing twelve months is around 5.75%, more than SWLRX's 4.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWOBX Schwab Balanced Fund™ | 5.75% | 5.47% | 4.94% | 5.67% | 10.21% | 6.47% | 2.97% | 5.21% | 7.11% | 3.20% | 7.83% | 7.66% |
SWLRX Schwab Monthly Income Fund - Maximum Payout | 4.23% | 4.63% | 4.94% | 4.10% | 4.63% | 3.07% | 2.19% | 3.22% | 3.30% | 2.47% | 4.00% | 4.31% |
Drawdowns
SWOBX vs. SWLRX - Drawdown Comparison
The maximum SWOBX drawdown since its inception was -35.99%, which is greater than SWLRX's maximum drawdown of -18.60%. Use the drawdown chart below to compare losses from any high point for SWOBX and SWLRX.
Loading graphics...
Drawdown Indicators
| SWOBX | SWLRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -18.60% | -17.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.36% | -4.48% | -2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -18.60% | -9.70% |
Max Drawdown (10Y)Largest decline over 10 years | -28.30% | -18.60% | -9.70% |
Current DrawdownCurrent decline from peak | -6.58% | -3.09% | -3.49% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -2.37% | -3.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.04% | +0.65% |
Volatility
SWOBX vs. SWLRX - Volatility Comparison
Schwab Balanced Fund™ (SWOBX) has a higher volatility of 3.45% compared to Schwab Monthly Income Fund - Maximum Payout (SWLRX) at 1.90%. This indicates that SWOBX's price experiences larger fluctuations and is considered to be riskier than SWLRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWOBX | SWLRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 1.90% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 6.32% | 3.12% | +3.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.23% | 5.49% | +5.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.91% | 6.18% | +7.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.83% | 5.10% | +7.73% |