SWSBX vs. GSSRX
Compare and contrast key facts about Schwab Short-Term Bond Index Fund (SWSBX) and Goldman Sachs Short Duration Bond Fund (GSSRX).
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. GSSRX is managed by Goldman Sachs. It was launched on Feb 29, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSBX or GSSRX.
Performance
SWSBX vs. GSSRX - Performance Comparison
Returns By Period
In the year-to-date period, SWSBX achieves a 3.01% return, which is significantly lower than GSSRX's 4.10% return.
SWSBX
3.01%
-0.29%
3.23%
5.43%
1.04%
N/A
GSSRX
4.10%
-0.07%
3.47%
6.57%
1.93%
2.03%
Key characteristics
| SWSBX | GSSRX | |
|---|---|---|
| Sharpe Ratio | 1.85 | 2.76 |
| Sortino Ratio | 2.93 | 4.54 |
| Omega Ratio | 1.37 | 1.62 |
| Calmar Ratio | 1.11 | 2.22 |
| Martin Ratio | 7.72 | 15.66 |
| Ulcer Index | 0.70% | 0.42% |
| Daily Std Dev | 2.93% | 2.38% |
| Max Drawdown | -8.97% | -8.53% |
| Current Drawdown | -1.52% | -0.89% |
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SWSBX vs. GSSRX - Expense Ratio Comparison
SWSBX has a 0.06% expense ratio, which is lower than GSSRX's 0.48% expense ratio.
Correlation
The correlation between SWSBX and GSSRX 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. GSSRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Short-Term Bond Index Fund (SWSBX) and Goldman Sachs Short Duration Bond Fund (GSSRX). 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. GSSRX - Dividend Comparison
SWSBX's dividend yield for the trailing twelve months is around 3.92%, more than GSSRX's 3.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWSBX Schwab Short-Term Bond Index Fund | 3.92% | 3.16% | 1.49% | 0.90% | 1.56% | 2.40% | 2.12% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% |
GSSRX Goldman Sachs Short Duration Bond Fund | 3.82% | 3.15% | 2.18% | 1.36% | 2.16% | 2.86% | 2.55% | 2.21% | 2.08% | 2.43% | 1.61% | 1.44% |
Drawdowns
SWSBX vs. GSSRX - Drawdown Comparison
The maximum SWSBX drawdown since its inception was -8.97%, which is greater than GSSRX's maximum drawdown of -8.53%. Use the drawdown chart below to compare losses from any high point for SWSBX and GSSRX. For additional features, visit the drawdowns tool.
Volatility
SWSBX vs. GSSRX - Volatility Comparison
Schwab Short-Term Bond Index Fund (SWSBX) has a higher volatility of 0.71% compared to Goldman Sachs Short Duration Bond Fund (GSSRX) at 0.57%. This indicates that SWSBX's price experiences larger fluctuations and is considered to be riskier than GSSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.