TRSGX vs. SWOBX
Compare and contrast key facts about T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) and Schwab Balanced Fund™ (SWOBX).
TRSGX is managed by T. Rowe Price. It was launched on Jul 28, 1994. SWOBX is managed by Charles Schwab. It was launched on Nov 17, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRSGX or SWOBX.
Key characteristics
| TRSGX | SWOBX | |
|---|---|---|
| YTD Return | 15.28% | 14.93% |
| 1Y Return | 24.83% | 19.85% |
| 3Y Return (Ann) | 2.41% | -1.24% |
| 5Y Return (Ann) | 8.61% | 4.22% |
| 10Y Return (Ann) | 8.23% | 3.54% |
| Sharpe Ratio | 2.55 | 2.06 |
| Sortino Ratio | 3.54 | 2.77 |
| Omega Ratio | 1.47 | 1.40 |
| Calmar Ratio | 1.76 | 0.98 |
| Martin Ratio | 17.11 | 10.62 |
| Ulcer Index | 1.45% | 1.87% |
| Daily Std Dev | 9.75% | 9.62% |
| Max Drawdown | -51.79% | -41.46% |
| Current Drawdown | -0.66% | -4.52% |
Correlation
The correlation between TRSGX and SWOBX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TRSGX vs. SWOBX - Performance Comparison
The year-to-date returns for both stocks are quite close, with TRSGX having a 15.28% return and SWOBX slightly lower at 14.93%. Over the past 10 years, TRSGX has outperformed SWOBX with an annualized return of 8.23%, while SWOBX has yielded a comparatively lower 3.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TRSGX vs. SWOBX - Expense Ratio Comparison
TRSGX has a 0.61% expense ratio, which is higher than SWOBX's 0.00% expense ratio.
Risk-Adjusted Performance
TRSGX vs. SWOBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) and Schwab Balanced Fund™ (SWOBX). 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
TRSGX vs. SWOBX - Dividend Comparison
TRSGX's dividend yield for the trailing twelve months is around 1.59%, less than SWOBX's 1.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRSGX T. Rowe Price Spectrum Moderate Growth Allocation Fund | 1.59% | 1.84% | 1.38% | 0.71% | 0.83% | 1.34% | 1.61% | 1.12% | 1.41% | 1.65% | 1.55% | 1.05% |
SWOBX Schwab Balanced Fund™ | 1.87% | 2.15% | 1.72% | 4.50% | 1.06% | 1.42% | 2.66% | 3.08% | 1.57% | 2.30% | 2.24% | 1.42% |
Drawdowns
TRSGX vs. SWOBX - Drawdown Comparison
The maximum TRSGX drawdown since its inception was -51.79%, which is greater than SWOBX's maximum drawdown of -41.46%. Use the drawdown chart below to compare losses from any high point for TRSGX and SWOBX. For additional features, visit the drawdowns tool.
Volatility
TRSGX vs. SWOBX - Volatility Comparison
T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) has a higher volatility of 2.56% compared to Schwab Balanced Fund™ (SWOBX) at 2.37%. This indicates that TRSGX's price experiences larger fluctuations and is considered to be riskier than SWOBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.