SWSCX vs. BOSOX

Last updated Jun 24, 2026

SWSCX (Schwab Small-Cap Equity Fund™) and BOSOX (Boston Trust Small Cap Fund) are both Small Cap Blend Equities funds. Over the past 10 years, SWSCX returned 11.36%/yr vs 10.86%/yr for BOSOX. Their correlation of 0.94 suggests significant overlap in exposure. SWSCX charges 1.08%/yr vs 1.00%/yr for BOSOX.

Performance

SWSCX vs. BOSOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Small-Cap Equity Fund™ (SWSCX) and Boston Trust Small Cap Fund (BOSOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWSCX achieves a 23.77% return, which is significantly higher than BOSOX's 10.07% return. Both investments have delivered pretty close results over the past 10 years, with SWSCX having a 11.36% annualized return and BOSOX not far behind at 10.86%.

SWSCX

• 1D: 1.03%
• 1M: 6.54%
• YTD: 23.77%
• 6M: 21.12%
• 1Y: 36.39%
• 3Y*: 17.88%
• 5Y*: 9.29%
• 10Y*: 11.36%

BOSOX

• 1D: -0.16%
• 1M: 3.75%
• YTD: 10.07%
• 6M: 7.35%
• 1Y: 10.15%
• 3Y*: 9.16%
• 5Y*: 5.72%
• 10Y*: 10.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWSCX vs. BOSOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWSCX Schwab Small-Cap Equity Fund™	23.77%	5.66%	9.89%	19.90%	-14.12%	29.29%	7.63%	17.89%	-12.47%	10.04%
BOSOX Boston Trust Small Cap Fund	10.07%	-4.04%	12.52%	10.09%	-9.05%	28.10%	8.27%	38.35%	-6.01%	12.24%

Correlation

The correlation between SWSCX and BOSOX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 19, 2005	0.94

The correlation between SWSCX and BOSOX shifts across timeframes, from 0.82 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SWSCX vs. BOSOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWSCX

SWSCX Risk / Return Rank: 46
SWSCX Sharpe Ratio Rank: 43
SWSCX Sortino Ratio Rank: 35
SWSCX Omega Ratio Rank: 42
SWSCX Calmar Ratio Rank: 67
SWSCX Martin Ratio Rank: 41

BOSOX

BOSOX Risk / Return Rank: 11
BOSOX Sharpe Ratio Rank: 10
BOSOX Sortino Ratio Rank: 12
BOSOX Omega Ratio Rank: 10
BOSOX Calmar Ratio Rank: 13
BOSOX Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWSCX vs. BOSOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Small-Cap Equity Fund™ (SWSCX) and Boston Trust Small Cap Fund (BOSOX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SWSCX	BOSOX	Difference
Sharpe ratio: Return per unit of total volatility	1.79	0.79	+1.00
Sortino ratio: Return per unit of downside risk	2.29	1.29	+1.00
Omega ratio: Gain probability vs. loss probability	1.32	1.14	+0.18
Calmar ratio: Return relative to maximum drawdown	3.00	1.12	+1.88
Martin ratio: Return relative to average drawdown	8.31	3.38	+4.93

SWSCX vs. BOSOX - Sharpe Ratio Comparison

The current SWSCX Sharpe Ratio is 1.79, which is higher than the BOSOX Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of SWSCX and BOSOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SWSCX vs. BOSOX - Drawdown Comparison

The maximum SWSCX drawdown since its inception was -63.30%, which is greater than BOSOX's maximum drawdown of -51.32%. Use the drawdown chart below to compare losses from any high point for SWSCX and BOSOX.

Drawdown Indicators

	SWSCX	BOSOX	Difference
Max Drawdown Largest peak-to-trough decline	-63.30%	-51.32%	-11.98%
Max Drawdown (1Y) Largest decline over 1 year	-12.75%	-10.69%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	-27.35%	-22.36%	-4.99%
Max Drawdown (5Y) Largest decline over 5 years	-27.35%	-22.36%	-4.99%
Max Drawdown (10Y) Largest decline over 10 years	-49.32%	-36.79%	-12.53%
Current Drawdown Current decline from peak	0.00%	-3.66%	+3.66%
Average Drawdown Average peak-to-trough decline	-10.58%	-7.27%	-3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.59%	3.54%	+1.05%

Volatility

SWSCX vs. BOSOX - Volatility Comparison

Schwab Small-Cap Equity Fund™ (SWSCX) has a higher volatility of 6.21% compared to Boston Trust Small Cap Fund (BOSOX) at 3.93%. This indicates that SWSCX's price experiences larger fluctuations and is considered to be riskier than BOSOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWSCX	BOSOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	3.93%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	14.08%	10.26%	+3.82%
Volatility (1Y) Calculated over the trailing 1-year period	21.47%	15.22%	+6.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.54%	17.82%	+4.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	19.57%	+4.07%

SWSCX vs. BOSOX - Expense Ratio Comparison

SWSCX has a 1.08% expense ratio, which is higher than BOSOX's 1.00% expense ratio.

Dividends

SWSCX vs. BOSOX - Dividend Comparison

SWSCX has not paid dividends to shareholders, while BOSOX's dividend yield for the trailing twelve months is around 4.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOSOX Boston Trust Small Cap Fund	4.01%	4.41%	6.52%	0.78%	5.09%	8.93%	2.56%	12.46%	16.19%	9.13%	3.14%	18.92%
SWSCX Schwab Small-Cap Equity Fund™	0.00%	0.00%	14.10%	0.36%	10.14%	12.07%	0.19%	0.11%	26.16%	14.46%	0.41%	14.47%

Frequently Asked Questions

Can I hold both SWSCX and BOSOX in my portfolio?

SWSCX and BOSOX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWSCX or BOSOX?

SWSCX has higher volatility (6.21%) compared to BOSOX (3.93%). In terms of maximum drawdown, SWSCX dropped -63.30% vs BOSOX's -51.32%.

Which has better risk-adjusted returns?

SWSCX currently has the higher Sharpe Ratio (1.79 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.