WISEX vs. SWSBX

Last updated Apr 2, 2026

Compare and contrast key facts about Azzad Wise Capital Fund (WISEX) and Schwab Short-Term Bond Index Fund (SWSBX).

WISEX is managed by Azzad Fund. It was launched on Apr 1, 2010. SWSBX is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Government/Credit 1-5 Year Index. It was launched on Feb 23, 2017.

Performance

WISEX vs. SWSBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Azzad Wise Capital Fund (WISEX) and Schwab Short-Term Bond Index Fund (SWSBX). The values are adjusted to include any dividend payments, if applicable.

WISEX vs. SWSBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WISEX Azzad Wise Capital Fund	-0.56%	5.29%	4.53%	3.90%	-3.37%	1.99%	3.52%	5.23%	-0.08%	1.71%
SWSBX Schwab Short-Term Bond Index Fund	-0.16%	6.06%	3.42%	3.95%	-5.89%	-1.28%	4.47%	4.96%	1.34%	0.85%

Returns By Period

In the year-to-date period, WISEX achieves a -0.56% return, which is significantly lower than SWSBX's -0.16% return.

WISEX

• 1D: 0.19%
• 1M: -1.46%
• YTD: -0.56%
• 6M: 0.25%
• 1Y: 3.08%
• 3Y*: 3.95%
• 5Y*: 2.27%
• 10Y*: 2.31%

SWSBX

• 1D: 0.10%
• 1M: -0.93%
• YTD: -0.16%
• 6M: 0.78%
• 1Y: 3.74%
• 3Y*: 3.77%
• 5Y*: 1.27%
• 10Y*: —

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

WISEX vs. SWSBX - Expense Ratio Comparison

WISEX has a 0.89% expense ratio, which is higher than SWSBX's 0.06% expense ratio.

WISEX

Azzad Wise Capital Fund

SWSBX

Schwab Short-Term Bond Index Fund

Return for Risk

WISEX vs. SWSBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WISEX

WISEX Risk / Return Rank: 87
WISEX Sharpe Ratio Rank: 96
WISEX Sortino Ratio Rank: 96
WISEX Omega Ratio Rank: 96
WISEX Calmar Ratio Rank: 70
WISEX Martin Ratio Rank: 77

SWSBX

SWSBX Risk / Return Rank: 87
SWSBX Sharpe Ratio Rank: 83
SWSBX Sortino Ratio Rank: 90
SWSBX Omega Ratio Rank: 82
SWSBX Calmar Ratio Rank: 91
SWSBX Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WISEX vs. SWSBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Azzad Wise Capital Fund (WISEX) and Schwab Short-Term Bond Index Fund (SWSBX). 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.

	WISEX	SWSBX	Difference
Sharpe ratio Return per unit of total volatility	2.45	1.59	+0.86
Sortino ratio Return per unit of downside risk	3.56	2.60	+0.95
Omega ratio Gain probability vs. loss probability	1.59	1.33	+0.25
Calmar ratio Return relative to maximum drawdown	1.70	2.71	-1.01
Martin ratio Return relative to average drawdown	7.81	9.85	-2.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WISEX vs. SWSBX - Sharpe Ratio Comparison

The current WISEX Sharpe Ratio is 2.45, which is higher than the SWSBX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of WISEX and SWSBX, 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

	WISEX	SWSBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	1.59	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	0.43	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.76	-0.76

Correlation

The correlation between WISEX and SWSBX is 0.14, 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.

Dividends

WISEX vs. SWSBX - Dividend Comparison

WISEX's dividend yield for the trailing twelve months is around 3.64%, less than SWSBX's 3.79% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WISEX Azzad Wise Capital Fund	3.64%	3.56%	3.59%	2.20%	1.54%	1.42%	1.31%	1.84%	1.66%	1.11%	0.99%	0.47%
SWSBX Schwab Short-Term Bond Index Fund	3.79%	4.09%	3.66%	2.36%	1.11%	0.97%	1.82%	2.41%	2.12%	1.56%	0.00%	0.00%

Drawdowns

WISEX vs. SWSBX - Drawdown Comparison

The maximum WISEX drawdown since its inception was -98.33%, which is greater than SWSBX's maximum drawdown of -9.06%. Use the drawdown chart below to compare losses from any high point for WISEX and SWSBX.

Drawdown Indicators

	WISEX	SWSBX	Difference
Max Drawdown Largest peak-to-trough decline	-98.33%	-9.06%	-89.27%
Max Drawdown (1Y) Largest decline over 1 year	-1.92%	-1.54%	-0.38%
Max Drawdown (5Y) Largest decline over 5 years	-98.33%	-9.06%	-89.27%
Max Drawdown (10Y) Largest decline over 10 years	-98.33%	—	—
Current Drawdown Current decline from peak	-98.27%	-1.13%	-97.14%
Average Drawdown Average peak-to-trough decline	-7.80%	-1.81%	-5.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.42%	0.42%	0.00%

Volatility

WISEX vs. SWSBX - Volatility Comparison

The current volatility for Azzad Wise Capital Fund (WISEX) is 0.52%, while Schwab Short-Term Bond Index Fund (SWSBX) has a volatility of 0.73%. This indicates that WISEX experiences smaller price fluctuations and is considered to be less risky than SWSBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WISEX	SWSBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.52%	0.73%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	0.90%	1.49%	-0.59%
Volatility (1Y) Calculated over the trailing 1-year period	1.31%	2.40%	-1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2,643.77%	2.95%	+2,640.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,869.04%	2.47%	+1,866.57%