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 | 3.41% | -3.33% |
| 1Y Return | 7.48% | 9.94% |
| 3Y Return (Ann) | -2.40% | -12.43% |
| 5Y Return (Ann) | 2.06% | -4.96% |
| 10Y Return (Ann) | 2.04% | -0.01% |
| Sharpe Ratio | 1.31 | 0.49 |
| Sortino Ratio | 1.94 | 0.79 |
| Omega Ratio | 1.24 | 1.09 |
| Calmar Ratio | 0.49 | 0.16 |
| Martin Ratio | 6.22 | 1.23 |
| Ulcer Index | 1.06% | 6.00% |
| Daily Std Dev | 5.07% | 15.09% |
| Max Drawdown | -15.14% | -48.35% |
| Current Drawdown | -7.02% | -39.77% |
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 3.41% return, which is significantly higher than TLT's -3.33% return. Over the past 10 years, SWRSX has outperformed TLT with an annualized return of 2.04%, while TLT has yielded a comparatively lower -0.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. 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 3.74%, less than TLT's 3.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWRSX Schwab Treasury Inflation Protected Securities Index Fund | 3.74% | 3.11% | 7.07% | 4.33% | 1.25% | 2.20% | 2.88% | 1.99% | 1.81% | 0.77% | 2.30% | 1.42% |
TLT iShares 20+ Year Treasury Bond ETF | 3.98% | 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 -15.14%, 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 1.16%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 5.01%. 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.