SWRSX vs. PRXCX
Compare and contrast key facts about Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and T. Rowe Price California Tax Free Bond Fund (PRXCX).
SWRSX is managed by Charles Schwab. It was launched on Mar 30, 2006. PRXCX is managed by T. Rowe Price. It was launched on Sep 14, 1986.
Performance
SWRSX vs. PRXCX - Performance Comparison
Loading graphics...
SWRSX vs. PRXCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWRSX Schwab Treasury Inflation Protected Securities Index Fund | 0.39% | 6.84% | 1.95% | 3.80% | -12.01% | 5.83% | 10.88% | 8.38% | -1.32% | 2.69% |
PRXCX T. Rowe Price California Tax Free Bond Fund | -0.18% | 5.51% | 2.75% | 7.64% | -9.93% | 2.68% | 4.39% | 7.31% | 0.75% | 5.54% |
Returns By Period
In the year-to-date period, SWRSX achieves a 0.39% return, which is significantly higher than PRXCX's -0.18% return. Over the past 10 years, SWRSX has outperformed PRXCX with an annualized return of 2.57%, while PRXCX has yielded a comparatively lower 2.34% annualized return.
SWRSX
- 1D
- 0.58%
- 1M
- -1.33%
- YTD
- 0.39%
- 6M
- 0.33%
- 1Y
- 2.91%
- 3Y*
- 3.14%
- 5Y*
- 1.42%
- 10Y*
- 2.57%
PRXCX
- 1D
- 0.28%
- 1M
- -2.75%
- YTD
- -0.18%
- 6M
- 2.28%
- 1Y
- 6.23%
- 3Y*
- 4.16%
- 5Y*
- 1.51%
- 10Y*
- 2.34%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWRSX vs. PRXCX - Expense Ratio Comparison
SWRSX has a 0.05% expense ratio, which is lower than PRXCX's 0.53% expense ratio.
Return for Risk
SWRSX vs. PRXCX — Risk / Return Rank
SWRSX
PRXCX
SWRSX vs. PRXCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and T. Rowe Price California Tax Free Bond Fund (PRXCX). 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.
| SWRSX | PRXCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.20 | -0.36 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.61 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.33 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.26 | +0.18 |
Martin ratioReturn relative to average drawdown | 4.27 | 4.09 | +0.19 |
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
| SWRSX | PRXCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.20 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.35 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.57 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 1.09 | -0.52 |
Correlation
The correlation between SWRSX and PRXCX is 0.43, 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
SWRSX vs. PRXCX - Dividend Comparison
SWRSX's dividend yield for the trailing twelve months is around 3.36%, less than PRXCX's 6.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWRSX Schwab Treasury Inflation Protected Securities Index Fund | 3.36% | 4.20% | 3.68% | 3.11% | 7.95% | 4.45% | 1.33% | 2.20% | 2.87% | 1.75% | 1.81% | 1.06% |
PRXCX T. Rowe Price California Tax Free Bond Fund | 6.41% | 6.00% | 3.26% | 3.50% | 2.21% | 2.82% | 2.80% | 2.94% | 3.11% | 3.09% | 3.33% | 3.42% |
Drawdowns
SWRSX vs. PRXCX - Drawdown Comparison
The maximum SWRSX drawdown since its inception was -14.29%, smaller than the maximum PRXCX drawdown of -21.67%. Use the drawdown chart below to compare losses from any high point for SWRSX and PRXCX.
Loading graphics...
Drawdown Indicators
| SWRSX | PRXCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.29% | -21.67% | +7.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.68% | -5.56% | +2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -14.29% | -15.41% | +1.12% |
Max Drawdown (10Y)Largest decline over 10 years | -14.29% | -15.41% | +1.12% |
Current DrawdownCurrent decline from peak | -1.33% | -2.75% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -3.75% | -2.78% | -0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 1.72% | -0.82% |
Volatility
SWRSX vs. PRXCX - Volatility Comparison
Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) has a higher volatility of 1.30% compared to T. Rowe Price California Tax Free Bond Fund (PRXCX) at 1.23%. This indicates that SWRSX's price experiences larger fluctuations and is considered to be riskier than PRXCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWRSX | PRXCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 1.23% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 2.17% | 2.06% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 5.63% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.05% | 4.38% | +1.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.39% | 4.12% | +1.27% |