TNXAX vs. SCHJ
Compare and contrast key facts about 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX) and Schwab 1-5 Year Corporate Bond ETF (SCHJ).
TNXAX is managed by 1290 Funds. It was launched on Mar 7, 2016. SCHJ is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Corporate (1-5 Y). It was launched on Oct 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNXAX or SCHJ.
Correlation
The correlation between TNXAX and SCHJ is 0.39, 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
TNXAX vs. SCHJ - Performance Comparison
Key characteristics
TNXAX:
0.01
SCHJ:
3.10
TNXAX:
0.05
SCHJ:
4.70
TNXAX:
1.01
SCHJ:
1.66
TNXAX:
0.00
SCHJ:
6.15
TNXAX:
0.01
SCHJ:
17.84
TNXAX:
3.68%
SCHJ:
0.45%
TNXAX:
8.02%
SCHJ:
2.58%
TNXAX:
-24.70%
SCHJ:
-13.62%
TNXAX:
-10.45%
SCHJ:
-0.41%
Returns By Period
In the year-to-date period, TNXAX achieves a -1.45% return, which is significantly lower than SCHJ's 1.81% return.
TNXAX
-1.45%
-2.62%
-7.38%
-0.04%
1.84%
N/A
SCHJ
1.81%
0.14%
1.76%
7.92%
2.79%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TNXAX vs. SCHJ - Expense Ratio Comparison
TNXAX has a 1.14% expense ratio, which is higher than SCHJ's 0.05% expense ratio.
Risk-Adjusted Performance
TNXAX vs. SCHJ — Risk-Adjusted Performance Rank
TNXAX
SCHJ
TNXAX vs. SCHJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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.
Dividends
TNXAX vs. SCHJ - Dividend Comparison
TNXAX's dividend yield for the trailing twelve months is around 9.70%, more than SCHJ's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
TNXAX 1290 Loomis Sayles Multi-Asset Income Fund Class A | 9.70% | 9.47% | 5.68% | 4.41% | 9.95% | 7.91% | 5.34% | 4.75% | 7.27% | 2.46% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.17% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% | 0.00% | 0.00% | 0.00% |
Drawdowns
TNXAX vs. SCHJ - Drawdown Comparison
The maximum TNXAX drawdown since its inception was -24.70%, which is greater than SCHJ's maximum drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for TNXAX and SCHJ. For additional features, visit the drawdowns tool.
Volatility
TNXAX vs. SCHJ - Volatility Comparison
1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX) has a higher volatility of 3.63% compared to Schwab 1-5 Year Corporate Bond ETF (SCHJ) at 1.35%. This indicates that TNXAX's price experiences larger fluctuations and is considered to be riskier than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.