SWSBX vs. BNDW
Compare and contrast key facts about Schwab Short-Term Bond Index Fund (SWSBX) and Vanguard Total World Bond ETF (BNDW).
SWSBX is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Government/Credit 1-5 Year Index. It was launched on Feb 23, 2017. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays Global Aggregate Float Adjusted TR Index. It was launched on Sep 4, 2018. Both SWSBX and BNDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSBX or BNDW.
Key characteristics
| SWSBX | BNDW | |
|---|---|---|
| YTD Return | 3.34% | 2.69% |
| 1Y Return | 6.44% | 8.64% |
| 3Y Return (Ann) | 0.51% | -1.67% |
| 5Y Return (Ann) | 1.13% | 0.07% |
| Sharpe Ratio | 2.04 | 1.64 |
| Sortino Ratio | 3.24 | 2.44 |
| Omega Ratio | 1.41 | 1.29 |
| Calmar Ratio | 1.13 | 0.59 |
| Martin Ratio | 9.52 | 6.08 |
| Ulcer Index | 0.64% | 1.32% |
| Daily Std Dev | 2.99% | 4.90% |
| Max Drawdown | -8.97% | -17.22% |
| Current Drawdown | -1.21% | -6.11% |
Correlation
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.
Performance
SWSBX vs. BNDW - Performance Comparison
In the year-to-date period, SWSBX achieves a 3.34% return, which is significantly higher than BNDW's 2.69% 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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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%.
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.
Dividends
SWSBX vs. BNDW - Dividend Comparison
SWSBX's dividend yield for the trailing twelve months is around 3.89%, less than BNDW's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
SWSBX Schwab Short-Term Bond Index Fund | 3.89% | 3.16% | 1.49% | 0.90% | 1.56% | 2.40% | 2.12% | 1.55% |
BNDW Vanguard Total World Bond ETF | 4.15% | 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.
Volatility
SWSBX vs. BNDW - Volatility Comparison
The current volatility for Schwab Short-Term Bond Index Fund (SWSBX) is 0.76%, while Vanguard Total World Bond ETF (BNDW) has a volatility of 1.25%. 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.