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SWSBX vs. BNDW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SWSBX vs. BNDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Short-Term Bond Index Fund (SWSBX) and Vanguard Total World Bond ETF (BNDW). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.00%
3.26%
SWSBX
BNDW

Returns By Period

In the year-to-date period, SWSBX achieves a 3.12% return, which is significantly higher than BNDW's 2.41% return.


SWSBX

YTD

3.12%

1M

-0.60%

6M

3.01%

1Y

5.54%

5Y (annualized)

1.04%

10Y (annualized)

N/A

BNDW

YTD

2.41%

1M

-0.86%

6M

3.26%

1Y

6.84%

5Y (annualized)

-0.12%

10Y (annualized)

N/A

Key characteristics


SWSBXBNDW
Sharpe Ratio1.931.46
Sortino Ratio3.052.16
Omega Ratio1.391.26
Calmar Ratio1.160.55
Martin Ratio8.265.09
Ulcer Index0.68%1.36%
Daily Std Dev2.93%4.74%
Max Drawdown-8.97%-17.22%
Current Drawdown-1.42%-6.37%

Compare stocks, funds, or ETFs

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SWSBX vs. BNDW - Expense Ratio Comparison

Both SWSBX and BNDW have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


SWSBX
Schwab Short-Term Bond Index Fund
Expense ratio chart for SWSBX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
Expense ratio chart for BNDW: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Correlation

-0.50.00.51.00.8

The correlation between SWSBX and BNDW is 0.76, 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.

Risk-Adjusted Performance

SWSBX vs. BNDW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Short-Term Bond Index Fund (SWSBX) and Vanguard Total World Bond ETF (BNDW). 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.


Sharpe ratio
The chart of Sharpe ratio for SWSBX, currently valued at 1.93, compared to the broader market0.002.004.001.931.46
The chart of Sortino ratio for SWSBX, currently valued at 3.05, compared to the broader market0.005.0010.003.052.16
The chart of Omega ratio for SWSBX, currently valued at 1.39, compared to the broader market1.002.003.004.001.391.26
The chart of Calmar ratio for SWSBX, currently valued at 1.16, compared to the broader market0.005.0010.0015.0020.0025.001.160.55
The chart of Martin ratio for SWSBX, currently valued at 8.26, compared to the broader market0.0020.0040.0060.0080.00100.008.265.09
SWSBX
BNDW

The current SWSBX Sharpe Ratio is 1.93, which is higher than the BNDW Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of SWSBX and BNDW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.93
1.46
SWSBX
BNDW

Dividends

SWSBX vs. BNDW - Dividend Comparison

SWSBX's dividend yield for the trailing twelve months is around 3.92%, less than BNDW's 4.16% yield.


TTM2023202220212020201920182017
SWSBX
Schwab Short-Term Bond Index Fund
3.92%3.16%1.49%0.90%1.56%2.40%2.12%1.55%
BNDW
Vanguard Total World Bond ETF
4.16%3.73%2.02%2.58%1.56%3.05%1.66%0.00%

Drawdowns

SWSBX vs. BNDW - Drawdown Comparison

The maximum SWSBX drawdown since its inception was -8.97%, smaller than the maximum BNDW drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for SWSBX and BNDW. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.42%
-6.37%
SWSBX
BNDW

Volatility

SWSBX vs. BNDW - Volatility Comparison

The current volatility for Schwab Short-Term Bond Index Fund (SWSBX) is 0.71%, while Vanguard Total World Bond ETF (BNDW) has a volatility of 1.08%. This indicates that SWSBX experiences smaller price fluctuations and is considered to be less risky than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%1.60%JuneJulyAugustSeptemberOctoberNovember
0.71%
1.08%
SWSBX
BNDW