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

Performance

SWSBX vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Short-Term Bond Index Fund (SWSBX) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.22%
13.26%
SWSBX
SWPPX

Returns By Period

In the year-to-date period, SWSBX achieves a 3.01% return, which is significantly lower than SWPPX's 26.66% return.


SWSBX

YTD

3.01%

1M

-0.29%

6M

3.23%

1Y

5.43%

5Y (annualized)

1.04%

10Y (annualized)

N/A

SWPPX

YTD

26.66%

1M

3.08%

6M

13.26%

1Y

32.82%

5Y (annualized)

15.76%

10Y (annualized)

13.20%

Key characteristics


SWSBXSWPPX
Sharpe Ratio1.852.67
Sortino Ratio2.933.55
Omega Ratio1.371.50
Calmar Ratio1.113.88
Martin Ratio7.7217.39
Ulcer Index0.70%1.89%
Daily Std Dev2.93%12.30%
Max Drawdown-8.97%-55.06%
Current Drawdown-1.52%-0.46%

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SWSBX vs. SWPPX - Expense Ratio Comparison

SWSBX has a 0.06% expense ratio, which is higher than SWPPX's 0.02% 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%.


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 SWPPX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Correlation

-0.50.00.51.0-0.0

The correlation between SWSBX and SWPPX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

SWSBX vs. SWPPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Short-Term Bond Index Fund (SWSBX) and Schwab S&P 500 Index Fund (SWPPX). 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 1.85, compared to the broader market-1.000.001.002.003.004.005.001.852.67
The chart of Sortino ratio for SWSBX, currently valued at 2.93, compared to the broader market0.005.0010.002.933.55
The chart of Omega ratio for SWSBX, currently valued at 1.37, compared to the broader market1.002.003.004.001.371.50
The chart of Calmar ratio for SWSBX, currently valued at 1.11, compared to the broader market0.005.0010.0015.0020.0025.001.113.88
The chart of Martin ratio for SWSBX, currently valued at 7.72, compared to the broader market0.0020.0040.0060.0080.00100.007.7217.39
SWSBX
SWPPX

The current SWSBX Sharpe Ratio is 1.85, which is lower than the SWPPX Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of SWSBX and SWPPX, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.85
2.67
SWSBX
SWPPX

Dividends

SWSBX vs. SWPPX - Dividend Comparison

SWSBX's dividend yield for the trailing twelve months is around 3.92%, more than SWPPX's 1.13% yield.


TTM20232022202120202019201820172016201520142013
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%
SWPPX
Schwab S&P 500 Index Fund
1.13%1.43%1.67%1.17%1.81%1.77%2.20%1.75%1.99%2.15%1.80%1.67%

Drawdowns

SWSBX vs. SWPPX - Drawdown Comparison

The maximum SWSBX drawdown since its inception was -8.97%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWSBX and SWPPX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.52%
-0.46%
SWSBX
SWPPX

Volatility

SWSBX vs. SWPPX - Volatility Comparison

The current volatility for Schwab Short-Term Bond Index Fund (SWSBX) is 0.71%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.96%. This indicates that SWSBX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.71%
3.96%
SWSBX
SWPPX