SWVXX vs. SHV
Compare and contrast key facts about Schwab Value Advantage Money Fund (SWVXX) and iShares Short Treasury Bond ETF (SHV).
SHV is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Short Treasury Bond Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWVXX or SHV.
Key characteristics
| SWVXX | SHV | |
|---|---|---|
| YTD Return | 3.90% | 4.52% |
| 1Y Return | 4.61% | 5.23% |
| 3Y Return (Ann) | 3.48% | 3.49% |
| 5Y Return (Ann) | 2.22% | 2.26% |
| 10Y Return (Ann) | 1.51% | 1.62% |
| Sharpe Ratio | 3.30 | 19.43 |
| Ulcer Index | 0.00% | 0.00% |
| Daily Std Dev | 1.39% | 0.27% |
| Max Drawdown | 0.00% | -0.46% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SWVXX and SHV is 0.05, 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. SHV - Performance Comparison
In the year-to-date period, SWVXX achieves a 3.90% return, which is significantly lower than SHV's 4.52% return. Over the past 10 years, SWVXX has underperformed SHV with an annualized return of 1.51%, while SHV has yielded a comparatively higher 1.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. SHV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Value Advantage Money Fund (SWVXX) and iShares Short Treasury Bond ETF (SHV). 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. SHV - Drawdown Comparison
The maximum SWVXX drawdown since its inception was 0.00%, smaller than the maximum SHV drawdown of -0.46%. Use the drawdown chart below to compare losses from any high point for SWVXX and SHV. For additional features, visit the drawdowns tool.
Volatility
SWVXX vs. SHV - Volatility Comparison
Schwab Value Advantage Money Fund (SWVXX) has a higher volatility of 0.21% compared to iShares Short Treasury Bond ETF (SHV) at 0.08%. This indicates that SWVXX's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.