SWVXX vs. SNSXX

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab Value Advantage Money Fund (SWVXX) and Schwab U.S. Treasury Money Fund (SNSXX).

SWVXX is an actively managed fund by Charles Schwab. It was launched on Aug 27, 1993. SNSXX is managed by Charles Schwab. It was launched on Jan 17, 2018.

Performance

SWVXX vs. SNSXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Value Advantage Money Fund (SWVXX) and Schwab U.S. Treasury Money Fund (SNSXX). The values are adjusted to include any dividend payments, if applicable.

SWVXX vs. SNSXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SWVXX Schwab Value Advantage Money Fund	0.57%	4.15%	5.16%	5.04%	0.00%	0.00%
SNSXX Schwab U.S. Treasury Money Fund	0.55%	3.97%	1.61%	0.00%	0.00%	0.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with SWVXX having a 0.57% return and SNSXX slightly lower at 0.55%.

SWVXX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.57%
• 6M: 1.55%
• 1Y: 3.68%
• 3Y*: 4.68%
• 5Y*: —
• 10Y*: —

SNSXX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.55%
• 6M: 1.49%
• 1Y: 3.52%
• 3Y*: 2.03%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWVXX vs. SNSXX - Expense Ratio Comparison

SWVXX

Schwab Value Advantage Money Fund

Return for Risk

SWVXX vs. SNSXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Value Advantage Money Fund (SWVXX) and Schwab U.S. Treasury Money Fund (SNSXX). 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.

	SWVXX	SNSXX	Difference
Sharpe ratio Return per unit of total volatility	3.69	3.69	0.00
Sortino ratio Return per unit of downside risk	—	—	—
Omega ratio Gain probability vs. loss probability	—	—	—
Calmar ratio Return relative to maximum drawdown	—	—	—
Martin ratio Return relative to average drawdown	—	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWVXX vs. SNSXX - Sharpe Ratio Comparison

The current SWVXX Sharpe Ratio is 3.69, which is comparable to the SNSXX Sharpe Ratio of 3.69. The chart below compares the historical Sharpe Ratios of SWVXX and SNSXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SWVXX	SNSXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.69	3.69	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	2.88	1.96	+0.92

Correlation

The correlation between SWVXX and SNSXX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SWVXX vs. SNSXX - Dividend Comparison

SWVXX's dividend yield for the trailing twelve months is around 3.61%, more than SNSXX's 3.45% yield.

	TTM	2025	2024	2023
SWVXX Schwab Value Advantage Money Fund	3.61%	4.06%	5.02%	4.91%
SNSXX Schwab U.S. Treasury Money Fund	3.45%	3.88%	1.59%	0.00%

Drawdowns

SWVXX vs. SNSXX - Drawdown Comparison

The maximum SWVXX drawdown since its inception was 0.00%, which is greater than SNSXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SWVXX and SNSXX.

Drawdown Indicators

	SWVXX	SNSXX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	0.00%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	0.00%	0.00%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	0.00%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	0.00%	0.00%

Volatility

SWVXX vs. SNSXX - Volatility Comparison

The current volatility for Schwab Value Advantage Money Fund (SWVXX) is 0.00%, while Schwab U.S. Treasury Money Fund (SNSXX) has a volatility of 0.00%. This indicates that SWVXX experiences smaller price fluctuations and is considered to be less risky than SNSXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWVXX	SNSXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	0.00%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	0.75%	0.72%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	1.14%	1.09%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.09%	0.66%	+0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.09%	0.66%	+0.43%