SWRSX vs. SWASX
SWRSX (Schwab Treasury Inflation Protected Securities Index Fund) and SWASX (Schwab Global Real Estate Fund™) are both mutual funds - SWRSX is a Inflation-Protected Bonds fund managed by Charles Schwab, while SWASX is a REIT fund managed by Charles Schwab. Over the past 10 years, SWRSX returned 2.51%/yr vs 3.92%/yr for SWASX. At a 0.01 correlation, their price movements are largely independent. SWRSX charges 0.05%/yr vs 1.05%/yr for SWASX.
Performance
SWRSX vs. SWASX - Performance Comparison
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Returns By Period
In the year-to-date period, SWRSX achieves a 0.84% return, which is significantly lower than SWASX's 7.68% return. Over the past 10 years, SWRSX has underperformed SWASX with an annualized return of 2.51%, while SWASX has yielded a comparatively higher 3.92% 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%
SWASX
- 1D
- 0.84%
- 1M
- -0.83%
- YTD
- 7.68%
- 6M
- 7.68%
- 1Y
- 11.95%
- 3Y*
- 10.35%
- 5Y*
- 1.23%
- 10Y*
- 3.92%
SWRSX vs. SWASX - 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% |
SWASX Schwab Global Real Estate Fund™ | 7.68% | 11.33% | 1.42% | 8.49% | -25.10% | 25.32% | -12.10% | 27.81% | -7.66% | 14.38% |
Correlation
The correlation between SWRSX and SWASX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since May 31, 2007 | 0.01 |
Over the past year, SWRSX and SWASX have become more correlated (0.35) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
SWRSX vs. SWASX — Risk / Return Rank
SWRSX
SWASX
SWRSX vs. SWASX - 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 Global Real Estate Fund™ (SWASX). 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 | SWASX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.23 | +0.65 |
| Martin ratioReturn relative to average drawdown | 5.61 | 4.59 | +1.02 |
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Drawdowns
SWRSX vs. SWASX - Drawdown Comparison
The maximum SWRSX drawdown since its inception was -14.29%, smaller than the maximum SWASX drawdown of -69.47%. Use the drawdown chart below to compare losses from any high point for SWRSX and SWASX.
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Drawdown Indicators
| SWRSX | SWASX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.29% | -69.47% | +55.18% |
Max Drawdown (1Y)Largest decline over 1 year | -1.90% | -10.89% | +8.99% |
Max Drawdown (3Y)Largest decline over 3 years | -4.46% | -17.23% | +12.77% |
Max Drawdown (5Y)Largest decline over 5 years | -14.29% | -32.31% | +18.02% |
Max Drawdown (10Y)Largest decline over 10 years | -14.29% | -44.19% | +29.90% |
Current DrawdownCurrent decline from peak | -0.96% | -3.33% | +2.37% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -15.47% | +11.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 2.91% | -2.27% |
Volatility
SWRSX vs. SWASX - Volatility Comparison
The current volatility for Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) is 1.11%, while Schwab Global Real Estate Fund™ (SWASX) has a volatility of 4.08%. This indicates that SWRSX experiences smaller price fluctuations and is considered to be less risky than SWASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWRSX | SWASX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 4.08% | -2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 2.33% | 8.95% | -6.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.21% | 11.59% | -8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.02% | 15.46% | -9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 17.10% | -11.73% |
SWRSX vs. SWASX - Expense Ratio Comparison
SWRSX has a 0.05% expense ratio, which is lower than SWASX's 1.05% expense ratio.
Dividends
SWRSX vs. SWASX - Dividend Comparison
SWRSX's dividend yield for the trailing twelve months is around 3.81%, more than SWASX's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWASX Schwab Global Real Estate Fund™ | 3.23% | 3.11% | 3.32% | 3.29% | 3.00% | 3.71% | 2.94% | 7.38% | 4.24% | 3.32% | 4.67% | 3.00% |
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
SWRSX and SWASX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWASX has higher volatility (4.08%) compared to SWRSX (1.11%). In terms of maximum drawdown, SWRSX dropped -14.29% vs SWASX's -69.47%.
SWASX currently has the higher Sharpe Ratio (1.16 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.
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