SWRSX vs. SNXFX

Last updated Jun 24, 2026

SWRSX (Schwab Treasury Inflation Protected Securities Index Fund) and SNXFX (Schwab 1000 Index Fund) are both mutual funds - SWRSX is a Inflation-Protected Bonds fund managed by Charles Schwab, while SNXFX is a Large Cap Blend Equities fund tracking the Schwab 1000 Index. Over the past 10 years, SWRSX returned 2.51%/yr vs 15.45%/yr for SNXFX. At a correlation of -0.10, they often move in opposite directions. Both charge a 0.05% expense ratio.

Performance

SWRSX vs. SNXFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and Schwab 1000 Index Fund (SNXFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWRSX achieves a 0.84% return, which is significantly lower than SNXFX's 10.10% return. Over the past 10 years, SWRSX has underperformed SNXFX with an annualized return of 2.51%, while SNXFX has yielded a comparatively higher 15.45% annualized return.

SWRSX

• 1D: -0.38%
• 1M: -0.10%
• YTD: 0.84%
• 6M: 0.94%
• 1Y: 3.57%
• 3Y*: 3.65%
• 5Y*: 0.94%
• 10Y*: 2.51%

SNXFX

• 1D: -0.37%
• 1M: 0.44%
• YTD: 10.10%
• 6M: 8.98%
• 1Y: 25.34%
• 3Y*: 21.31%
• 5Y*: 12.77%
• 10Y*: 15.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWRSX vs. SNXFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	0.84%	6.84%	1.95%	3.80%	-12.01%	5.83%	10.88%	8.38%	-1.32%	2.69%
SNXFX Schwab 1000 Index Fund	10.10%	17.23%	24.46%	26.53%	-19.46%	26.10%	20.71%	31.43%	-5.04%	21.71%

Correlation

The correlation between SWRSX and SNXFX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Apr 3, 2006	-0.10

The correlation between SWRSX and SNXFX shifts across timeframes, from -0.10 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SWRSX vs. SNXFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWRSX

SWRSX Risk / Return Rank: 21
SWRSX Sharpe Ratio Rank: 18
SWRSX Sortino Ratio Rank: 18
SWRSX Omega Ratio Rank: 17
SWRSX Calmar Ratio Rank: 29
SWRSX Martin Ratio Rank: 25

SNXFX

SNXFX Risk / Return Rank: 62
SNXFX Sharpe Ratio Rank: 59
SNXFX Sortino Ratio Rank: 54
SNXFX Omega Ratio Rank: 55
SNXFX Calmar Ratio Rank: 66
SNXFX Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWRSX vs. SNXFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and Schwab 1000 Index Fund (SNXFX). 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.

	SWRSX	SNXFX	Difference
Sharpe ratio: Return per unit of total volatility	1.12	2.09	-0.97
Sortino ratio: Return per unit of downside risk	1.68	2.82	-1.15
Omega ratio: Gain probability vs. loss probability	1.20	1.38	-0.18
Calmar ratio: Return relative to maximum drawdown	1.88	2.98	-1.10
Martin ratio: Return relative to average drawdown	5.61	13.32	-7.71

SWRSX vs. SNXFX - Sharpe Ratio Comparison

The current SWRSX Sharpe Ratio is 1.12, which is lower than the SNXFX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of SWRSX and SNXFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SWRSX vs. SNXFX - Drawdown Comparison

The maximum SWRSX drawdown since its inception was -14.29%, smaller than the maximum SNXFX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for SWRSX and SNXFX.

Drawdown Indicators

	SWRSX	SNXFX	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-55.08%	+40.79%
Max Drawdown (1Y) Largest decline over 1 year	-1.90%	-8.94%	+7.04%
Max Drawdown (3Y) Largest decline over 3 years	-4.46%	-19.21%	+14.75%
Max Drawdown (5Y) Largest decline over 5 years	-14.29%	-25.36%	+11.07%
Max Drawdown (10Y) Largest decline over 10 years	-14.29%	-34.58%	+20.29%
Current Drawdown Current decline from peak	-0.96%	-1.60%	+0.64%
Average Drawdown Average peak-to-trough decline	-3.72%	-8.75%	+5.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.64%	2.00%	-1.36%

Volatility

SWRSX vs. SNXFX - Volatility Comparison

The current volatility for Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) is 1.11%, while Schwab 1000 Index Fund (SNXFX) has a volatility of 4.82%. This indicates that SWRSX experiences smaller price fluctuations and is considered to be less risky than SNXFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWRSX	SNXFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.11%	4.82%	-3.71%
Volatility (6M) Calculated over the trailing 6-month period	2.33%	10.03%	-7.70%
Volatility (1Y) Calculated over the trailing 1-year period	3.21%	12.79%	-9.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.02%	17.41%	-11.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.37%	18.78%	-13.41%

SWRSX vs. SNXFX - Expense Ratio Comparison

Both SWRSX and SNXFX 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%.

Dividends

SWRSX vs. SNXFX - Dividend Comparison

SWRSX's dividend yield for the trailing twelve months is around 3.81%, more than SNXFX's 1.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SNXFX Schwab 1000 Index Fund	1.32%	1.45%	1.23%	1.41%	1.61%	1.74%	2.76%	3.01%	6.49%	4.23%	3.41%	6.31%
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	3.81%	4.20%	3.68%	3.11%	7.95%	4.45%	1.33%	2.20%	2.87%	1.75%	1.81%	1.06%

Frequently Asked Questions

Can I hold both SWRSX and SNXFX in my portfolio?

SWRSX and SNXFX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWRSX or SNXFX?

SNXFX has higher volatility (4.82%) compared to SWRSX (1.11%). In terms of maximum drawdown, SWRSX dropped -14.29% vs SNXFX's -55.08%.

Which has better risk-adjusted returns?

SNXFX currently has the higher Sharpe Ratio (2.09 vs 1.12), 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.