SWRSX vs. FIPDX
Compare and contrast key facts about Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX).
SWRSX is managed by Charles Schwab. It was launched on Mar 30, 2006. FIPDX is managed by Fidelity. It was launched on May 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWRSX or FIPDX.
Key characteristics
| SWRSX | FIPDX | |
|---|---|---|
| YTD Return | 5.36% | 5.06% |
| 1Y Return | 8.66% | 8.22% |
| 3Y Return (Ann) | -0.78% | -0.88% |
| 5Y Return (Ann) | 2.67% | 2.63% |
| 10Y Return (Ann) | 2.48% | 2.48% |
| Sharpe Ratio | 1.54 | 1.56 |
| Daily Std Dev | 5.48% | 5.26% |
| Max Drawdown | -14.29% | -14.29% |
| Current Drawdown | -4.32% | -4.66% |
Correlation
The correlation between SWRSX and FIPDX 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
SWRSX vs. FIPDX - Performance Comparison
In the year-to-date period, SWRSX achieves a 5.36% return, which is significantly higher than FIPDX's 5.06% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: SWRSX at 2.48% and FIPDX at 2.48%. 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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SWRSX vs. FIPDX - Expense Ratio Comparison
Both SWRSX and FIPDX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SWRSX vs. FIPDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). 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
SWRSX vs. FIPDX - Dividend Comparison
SWRSX's dividend yield for the trailing twelve months is around 3.60%, less than FIPDX's 4.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWRSX Schwab Treasury Inflation Protected Securities Index Fund | 3.60% | 3.11% | 7.95% | 4.45% | 1.33% | 2.20% | 2.87% | 1.99% | 1.81% | 1.06% | 2.47% | 1.42% |
FIPDX Fidelity Inflation-Protected Bond Index Fund | 4.55% | 3.59% | 8.87% | 4.76% | 1.24% | 1.96% | 2.31% | 1.25% | 1.59% | 0.38% | 1.10% | 0.66% |
Drawdowns
SWRSX vs. FIPDX - Drawdown Comparison
The maximum SWRSX drawdown since its inception was -14.29%, roughly equal to the maximum FIPDX drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for SWRSX and FIPDX. For additional features, visit the drawdowns tool.
Volatility
SWRSX vs. FIPDX - Volatility Comparison
Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) has a higher volatility of 1.04% compared to Fidelity Inflation-Protected Bond Index Fund (FIPDX) at 0.92%. This indicates that SWRSX's price experiences larger fluctuations and is considered to be riskier than FIPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.