PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SWVXX vs. BRASX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between SWVXX and BRASX is 0.02, 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.


-0.50.00.51.00.0

Performance

SWVXX vs. BRASX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Value Advantage Money Fund (SWVXX) and BlackRock Allocation Target Shares Series S Portfolio (BRASX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
2.28%
2.97%
SWVXX
BRASX

Key characteristics

Sharpe Ratio

SWVXX:

3.48

BRASX:

2.48

Ulcer Index

SWVXX:

0.00%

BRASX:

0.38%

Daily Std Dev

SWVXX:

1.43%

BRASX:

2.21%

Max Drawdown

SWVXX:

0.00%

BRASX:

-10.61%

Current Drawdown

SWVXX:

0.00%

BRASX:

-0.58%

Returns By Period

In the year-to-date period, SWVXX achieves a 4.30% return, which is significantly lower than BRASX's 4.73% return. Over the past 10 years, SWVXX has underperformed BRASX with an annualized return of 1.55%, while BRASX has yielded a comparatively higher 2.43% annualized return.


SWVXX

YTD

4.30%

1M

0.38%

6M

2.28%

1Y

5.01%

5Y (annualized)

2.30%

10Y (annualized)

1.55%

BRASX

YTD

4.73%

1M

0.11%

6M

2.97%

1Y

5.50%

5Y (annualized)

2.11%

10Y (annualized)

2.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SWVXX vs. BRASX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Value Advantage Money Fund (SWVXX) and BlackRock Allocation Target Shares Series S Portfolio (BRASX). 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 SWVXX, currently valued at 3.48, compared to the broader market3.483.482.38
No data
SWVXX
BRASX

The current SWVXX Sharpe Ratio is 3.48, which is higher than the BRASX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of SWVXX and BRASX, 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 Ratio2.503.003.50JulyAugustSeptemberOctoberNovemberDecember
3.48
2.38
SWVXX
BRASX

Drawdowns

SWVXX vs. BRASX - Drawdown Comparison

The maximum SWVXX drawdown since its inception was 0.00%, smaller than the maximum BRASX drawdown of -10.61%. Use the drawdown chart below to compare losses from any high point for SWVXX and BRASX. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-0.58%
SWVXX
BRASX

Volatility

SWVXX vs. BRASX - Volatility Comparison

Schwab Value Advantage Money Fund (SWVXX) has a higher volatility of 0.38% compared to BlackRock Allocation Target Shares Series S Portfolio (BRASX) at 0.33%. This indicates that SWVXX's price experiences larger fluctuations and is considered to be riskier than BRASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.20%0.40%0.60%0.80%JulyAugustSeptemberOctoberNovemberDecember
0.38%
0.33%
SWVXX
BRASX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab