SWVXX vs. SGOV
Compare and contrast key facts about Schwab Value Advantage Money Fund (SWVXX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWVXX or SGOV.
Correlation
The correlation between SWVXX and SGOV 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. SGOV - Performance Comparison
Key characteristics
SWVXX:
3.56
SGOV:
21.31
SWVXX:
0.00%
SGOV:
0.00%
SWVXX:
1.30%
SGOV:
0.23%
SWVXX:
0.00%
SGOV:
-0.03%
SWVXX:
0.00%
SGOV:
0.00%
Returns By Period
In the year-to-date period, SWVXX achieves a 1.03% return, which is significantly lower than SGOV's 1.36% return.
SWVXX
1.03%
0.33%
2.00%
4.64%
2.56%
1.74%
SGOV
1.36%
0.32%
2.19%
4.87%
N/A
N/A
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Risk-Adjusted Performance
SWVXX vs. SGOV — Risk-Adjusted Performance Rank
SWVXX
SGOV
SWVXX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Value Advantage Money Fund (SWVXX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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. SGOV - Drawdown Comparison
The maximum SWVXX drawdown since its inception was 0.00%, smaller than the maximum SGOV drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for SWVXX and SGOV. For additional features, visit the drawdowns tool.
Volatility
SWVXX vs. SGOV - Volatility Comparison
Schwab Value Advantage Money Fund (SWVXX) has a higher volatility of 0.33% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.07%. This indicates that SWVXX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.