SWSBX vs. SWAGX
Compare and contrast key facts about Schwab Short-Term Bond Index Fund (SWSBX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX).
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. SWAGX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSBX or SWAGX.
Key characteristics
| SWSBX | SWAGX | |
|---|---|---|
| YTD Return | 3.12% | 1.39% |
| 1Y Return | 5.54% | 6.51% |
| 3Y Return (Ann) | 0.54% | -2.36% |
| 5Y Return (Ann) | 1.06% | -0.33% |
| Sharpe Ratio | 2.05 | 1.31 |
| Sortino Ratio | 3.27 | 1.94 |
| Omega Ratio | 1.41 | 1.23 |
| Calmar Ratio | 1.23 | 0.51 |
| Martin Ratio | 9.27 | 4.47 |
| Ulcer Index | 0.66% | 1.73% |
| Daily Std Dev | 2.99% | 5.91% |
| Max Drawdown | -8.97% | -18.84% |
| Current Drawdown | -1.42% | -9.21% |
Correlation
The correlation between SWSBX and SWAGX is 0.82, 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. SWAGX - Performance Comparison
In the year-to-date period, SWSBX achieves a 3.12% return, which is significantly higher than SWAGX's 1.39% 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. SWAGX - Expense Ratio Comparison
SWSBX has a 0.06% expense ratio, which is higher than SWAGX's 0.04% expense ratio. However, 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
SWSBX vs. SWAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Short-Term Bond Index Fund (SWSBX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX). 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. SWAGX - Dividend Comparison
SWSBX's dividend yield for the trailing twelve months is around 3.90%, more than SWAGX's 3.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
SWSBX Schwab Short-Term Bond Index Fund | 3.90% | 3.16% | 1.49% | 0.90% | 1.56% | 2.40% | 2.12% | 1.55% |
SWAGX Schwab U.S. Aggregate Bond Index Fund | 3.79% | 3.22% | 2.60% | 2.06% | 2.36% | 2.86% | 2.80% | 1.99% |
Drawdowns
SWSBX vs. SWAGX - Drawdown Comparison
The maximum SWSBX drawdown since its inception was -8.97%, smaller than the maximum SWAGX drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for SWSBX and SWAGX. For additional features, visit the drawdowns tool.
Volatility
SWSBX vs. SWAGX - Volatility Comparison
The current volatility for Schwab Short-Term Bond Index Fund (SWSBX) is 0.77%, while Schwab U.S. Aggregate Bond Index Fund (SWAGX) has a volatility of 1.70%. This indicates that SWSBX experiences smaller price fluctuations and is considered to be less risky than SWAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.