YEAR vs. SWVXX

Last updated Apr 1, 2026

Compare and contrast key facts about AB Ultra Short Income ETF (YEAR) and Schwab Value Advantage Money Fund (SWVXX).

YEAR is an actively managed fund by AllianceBernstein. It was launched on Sep 13, 2022. SWVXX is an actively managed fund by Charles Schwab. It was launched on Aug 27, 1993.

Performance

YEAR vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Ultra Short Income ETF (YEAR) and Schwab Value Advantage Money Fund (SWVXX). The values are adjusted to include any dividend payments, if applicable.

YEAR vs. SWVXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
YEAR AB Ultra Short Income ETF	0.66%	4.69%	5.41%	5.85%	1.10%
SWVXX Schwab Value Advantage Money Fund	0.57%	4.15%	5.16%	5.04%	0.00%

Returns By Period

In the year-to-date period, YEAR achieves a 0.66% return, which is significantly higher than SWVXX's 0.57% return.

YEAR

• 1D: 0.09%
• 1M: -0.01%
• YTD: 0.66%
• 6M: 1.70%
• 1Y: 4.08%
• 3Y*: 5.13%
• 5Y*: —
• 10Y*: —

SWVXX

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

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

YEAR vs. SWVXX - Expense Ratio Comparison

YEAR has a 0.25% expense ratio, which is lower than SWVXX's 0.34% expense ratio.

SWVXX

Schwab Value Advantage Money Fund

YEAR

AB Ultra Short Income ETF

Return for Risk

YEAR vs. SWVXX — Risk / Return Rank

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

YEAR

YEAR Risk / Return Rank: 99
YEAR Sharpe Ratio Rank: 99
YEAR Sortino Ratio Rank: 99
YEAR Omega Ratio Rank: 99
YEAR Calmar Ratio Rank: 99
YEAR Martin Ratio Rank: 99

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.

YEAR vs. SWVXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Ultra Short Income ETF (YEAR) and Schwab Value Advantage Money Fund (SWVXX). 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.

	YEAR	SWVXX	Difference
Sharpe ratio Return per unit of total volatility	4.72	3.69	+1.03
Sortino ratio Return per unit of downside risk	8.76	—	—
Omega ratio Gain probability vs. loss probability	2.16	—	—
Calmar ratio Return relative to maximum drawdown	13.54	—	—
Martin ratio Return relative to average drawdown	61.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YEAR vs. SWVXX - Sharpe Ratio Comparison

The current YEAR Sharpe Ratio is 4.72, which is comparable to the SWVXX Sharpe Ratio of 3.69. The chart below compares the historical Sharpe Ratios of YEAR and SWVXX, 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

	YEAR	SWVXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.72	3.69	+1.03
Sharpe Ratio (All Time) Calculated using the full available price history	4.30	2.88	+1.42

Correlation

The correlation between YEAR and SWVXX is 0.00, 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

YEAR vs. SWVXX - Dividend Comparison

YEAR's dividend yield for the trailing twelve months is around 4.27%, more than SWVXX's 3.61% yield.

	TTM	2025	2024	2023	2022
YEAR AB Ultra Short Income ETF	4.27%	4.33%	5.16%	5.00%	1.19%
SWVXX Schwab Value Advantage Money Fund	3.61%	4.06%	5.02%	4.91%	0.00%

Drawdowns

YEAR vs. SWVXX - Drawdown Comparison

The maximum YEAR drawdown since its inception was -0.61%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for YEAR and SWVXX.

Drawdown Indicators

	YEAR	SWVXX	Difference
Max Drawdown Largest peak-to-trough decline	-0.61%	0.00%	-0.61%
Max Drawdown (1Y) Largest decline over 1 year	-0.30%	0.00%	-0.30%
Current Drawdown Current decline from peak	-0.01%	0.00%	-0.01%
Average Drawdown Average peak-to-trough decline	-0.06%	0.00%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.07%	0.00%	+0.07%

Volatility

YEAR vs. SWVXX - Volatility Comparison

AB Ultra Short Income ETF (YEAR) has a higher volatility of 0.24% compared to Schwab Value Advantage Money Fund (SWVXX) at 0.00%. This indicates that YEAR's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YEAR	SWVXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.24%	0.00%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	0.50%	0.75%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	0.87%	1.14%	-0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.17%	1.09%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.17%	1.09%	+0.08%