VBTIX vs. SWAGX
Compare and contrast key facts about Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX).
VBTIX is managed by Vanguard. It was launched on Sep 18, 1995. SWAGX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBTIX or SWAGX.
Key characteristics
| VBTIX | SWAGX | |
|---|---|---|
| YTD Return | 2.01% | 2.08% |
| 1Y Return | 8.52% | 8.61% |
| 3Y Return (Ann) | -2.19% | -2.15% |
| 5Y Return (Ann) | -0.10% | -0.15% |
| Sharpe Ratio | 1.52 | 1.47 |
| Sortino Ratio | 2.27 | 2.16 |
| Omega Ratio | 1.28 | 1.26 |
| Calmar Ratio | 0.55 | 0.54 |
| Martin Ratio | 5.30 | 5.05 |
| Ulcer Index | 1.65% | 1.71% |
| Daily Std Dev | 5.76% | 5.89% |
| Max Drawdown | -19.01% | -18.84% |
| Current Drawdown | -8.63% | -8.59% |
Correlation
The correlation between VBTIX and SWAGX is 0.95, 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
VBTIX vs. SWAGX - Performance Comparison
The year-to-date returns for both investments are quite close, with VBTIX having a 2.01% return and SWAGX slightly higher at 2.08%. 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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VBTIX vs. SWAGX - Expense Ratio Comparison
VBTIX has a 0.04% expense ratio, which is lower than SWAGX's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VBTIX vs. SWAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX). 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
VBTIX vs. SWAGX - Dividend Comparison
VBTIX's dividend yield for the trailing twelve months is around 3.59%, less than SWAGX's 3.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBTIX Vanguard Total Bond Market Index Fund Institutional Shares | 3.59% | 3.12% | 2.54% | 1.91% | 2.25% | 2.74% | 2.78% | 2.53% | 2.49% | 2.51% | 2.57% | 2.56% |
SWAGX Schwab U.S. Aggregate Bond Index Fund | 3.77% | 3.22% | 2.60% | 2.06% | 2.36% | 2.86% | 2.80% | 1.99% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VBTIX vs. SWAGX - Drawdown Comparison
The maximum VBTIX drawdown since its inception was -19.01%, roughly equal to the maximum SWAGX drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VBTIX and SWAGX. For additional features, visit the drawdowns tool.
Volatility
VBTIX vs. SWAGX - Volatility Comparison
Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX) have volatilities of 1.67% and 1.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.