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.
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
Key characteristics
SWVXX:
3.72
SHV:
20.97
SWVXX:
0.00%
SHV:
0.00%
SWVXX:
1.36%
SHV:
0.24%
SWVXX:
0.00%
SHV:
-0.46%
SWVXX:
0.00%
SHV:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with SWVXX having a 1.03% return and SHV slightly higher at 1.05%. Both investments have delivered pretty close results over the past 10 years, with SWVXX having a 1.74% annualized return and SHV not far ahead at 1.79%.
SWVXX
1.03%
0.33%
2.40%
5.08%
2.57%
1.74%
SHV
1.05%
0.35%
2.18%
4.93%
2.40%
1.79%
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Risk-Adjusted Performance
SWVXX vs. SHV — Risk-Adjusted Performance Rank
SWVXX
SHV
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 0.33% compared to iShares Short Treasury Bond ETF (SHV) at 0.06%. 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.