SWRSX vs. TLT
Compare and contrast key facts about Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and iShares 20+ Year Treasury Bond ETF (TLT).
SWRSX is managed by Charles Schwab. It was launched on Mar 30, 2006. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWRSX or TLT.
Key characteristics
| SWRSX | TLT | |
|---|---|---|
| YTD Return | 4.96% | 3.41% |
| 1Y Return | 8.25% | 11.62% |
| 3Y Return (Ann) | -0.91% | -10.00% |
| 5Y Return (Ann) | 2.52% | -4.57% |
| 10Y Return (Ann) | 2.44% | 1.08% |
| Sharpe Ratio | 1.46 | 0.65 |
| Daily Std Dev | 5.49% | 16.74% |
| Max Drawdown | -14.29% | -48.35% |
| Current Drawdown | -4.68% | -35.57% |
Correlation
The correlation between SWRSX and TLT is 0.71, 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. TLT - Performance Comparison
In the year-to-date period, SWRSX achieves a 4.96% return, which is significantly higher than TLT's 3.41% return. Over the past 10 years, SWRSX has outperformed TLT with an annualized return of 2.44%, while TLT has yielded a comparatively lower 1.08% annualized return. 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. TLT - Expense Ratio Comparison
SWRSX has a 0.05% expense ratio, which is lower than TLT's 0.15% 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%.
Risk-Adjusted Performance
SWRSX vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) and iShares 20+ Year Treasury Bond ETF (TLT). 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. TLT - Dividend Comparison
SWRSX's dividend yield for the trailing twelve months is around 3.61%, which matches TLT's 3.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWRSX Schwab Treasury Inflation Protected Securities Index Fund | 3.61% | 3.11% | 7.95% | 4.45% | 1.33% | 2.20% | 2.87% | 1.99% | 1.81% | 1.06% | 2.47% | 1.42% |
TLT iShares 20+ Year Treasury Bond ETF | 3.63% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
SWRSX vs. TLT - Drawdown Comparison
The maximum SWRSX drawdown since its inception was -14.29%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for SWRSX and TLT. For additional features, visit the drawdowns tool.
Volatility
SWRSX vs. TLT - Volatility Comparison
The current volatility for Schwab Treasury Inflation Protected Securities Index Fund (SWRSX) is 1.13%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 3.46%. This indicates that SWRSX experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.