SWVXX vs. BIL
Compare and contrast key facts about Schwab Value Advantage Money Fund (SWVXX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
BIL is a passively managed fund by State Street that tracks the performance of the Barclays Capital U.S. 1-3 Month Treasury Bill Index. It was launched on May 25, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWVXX or BIL.
Correlation
The correlation between SWVXX and BIL is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SWVXX vs. BIL - Performance Comparison
Key characteristics
SWVXX:
3.40
BIL:
20.66
SWVXX:
0.00%
BIL:
0.00%
SWVXX:
1.30%
BIL:
0.25%
SWVXX:
0.00%
BIL:
-0.77%
SWVXX:
0.00%
BIL:
0.00%
Returns By Period
Both investments have delivered pretty close results over the past 10 years, with SWVXX having a 1.59% annualized return and BIL not far ahead at 1.64%.
SWVXX
0.00%
0.37%
2.25%
4.46%
2.32%
1.59%
BIL
0.22%
0.37%
2.44%
5.12%
2.38%
1.64%
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Risk-Adjusted Performance
SWVXX vs. BIL — Risk-Adjusted Performance Rank
SWVXX
BIL
SWVXX vs. BIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Value Advantage Money Fund (SWVXX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). 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.
Drawdowns
SWVXX vs. BIL - Drawdown Comparison
The maximum SWVXX drawdown since its inception was 0.00%, smaller than the maximum BIL drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for SWVXX and BIL. For additional features, visit the drawdowns tool.
Volatility
SWVXX vs. BIL - Volatility Comparison
Schwab Value Advantage Money Fund (SWVXX) has a higher volatility of 0.37% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that SWVXX's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.