SWSBX Performance — Schwab Short-Term Bond Index Fund
Data updated: 2026-07-24
SWSBX returned +0.43% year to date and +3.62% over one year to May 2026. Annualised returns are +4.37% over 3 years and +1.60% over 5 years. The fund trailed its Short-Term Government Bond category average: $100 invested three years ago grew to $114, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 2.31% a year. In the 12 months to May 2026 the fund took in a net $199.6M, and assets reached $1.64B.
SWSBX Growth of $100
What $100 invested in Schwab Short-Term Bond Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Government Bond category average over the same months.
| Period | SWSBX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $104 |
| 3 years (Jun 2023 – May 2026) | $114 | $115 |
| 5 years (Jun 2021 – May 2026) | $108 | $111 |
| Since data start (Sep 2019 – May 2026) | $113 | $117 |
SWSBX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.43% |
| 1 year | +3.62% |
| 3 years (annualised) | +4.37% |
| 5 years (annualised) | +1.60% |
SWSBX Annual Returns
Calendar-year total returns of Schwab Short-Term Bond Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.43% |
| 2025 | +6.04% |
| 2024 | +3.72% |
| 2023 | +4.79% |
| 2022 | −5.56% |
| 2021 | −1.06% |
| 2020 | +4.46% |
| 2019 (Sep–Dec) | +0.37% |
SWSBX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +0.7% | −0.8% | +0.2% | 0.0% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +0.9% | +0.6% | +0.9% | −0.2% | +0.8% | −0.1% | +1.1% | +0.2% | +0.4% | +0.5% | +0.2% |
| 2024 | +0.4% | −0.7% | +0.4% | −0.7% | +1.0% | +0.7% | +1.5% | +1.0% | +0.9% | −1.0% | +0.4% | −0.2% |
| 2023 | +1.2% | −1.1% | +1.8% | +0.4% | −0.5% | −0.6% | +0.4% | +0.2% | −0.5% | +0.1% | +1.7% | +1.6% |
| 2022 | −1.0% | −0.5% | −1.9% | −1.0% | +0.7% | −0.8% | +0.9% | −1.3% | −1.8% | −0.3% | +1.5% | 0.0% |
| 2021 | 0.0% | −0.3% | −0.2% | +0.2% | +0.3% | −0.2% | +0.4% | −0.1% | −0.2% | −0.5% | 0.0% | −0.2% |
| 2020 | +0.9% | +1.1% | +0.3% | +0.7% | +0.5% | +0.3% | +0.3% | 0.0% | 0.0% | −0.1% | +0.2% | +0.2% |
| 2019 | — | — | — | — | — | — | — | — | −0.1% | +0.3% | −0.1% | +0.3% |
SWSBX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 2.31%
- 3-year Sharpe ratio: -0.06 (vs 4.5% risk-free rate)
- Best month: +1.71% (Nov 2023)
- Worst month: −1.00% (Oct 2024)
SWSBX Fund Flows
Monthly money in and out of Schwab Short-Term Bond Index Fund, from SEC Form N-PORT.
- 12-month net flow: $199.6M
- 12-month gross sales (incl. reinvestments): $565.4M
- Sales ÷ redemptions: 1.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $43.9M | $36.1M | $7.8M |
| Apr 2026 | $37.3M | $38.2M | −$930K |
| Mar 2026 | $40.1M | $34.7M | $5.4M |
| Feb 2026 | $47.4M | $27.8M | $19.5M |
| Jan 2026 | $77.7M | $39.6M | $38.1M |
| Dec 2025 | $51.7M | $33.9M | $17.7M |
| Nov 2025 | $37.9M | $22.8M | $15.1M |
| Oct 2025 | $74.8M | $25.8M | $49.0M |
| Sep 2025 | $36.7M | $29.9M | $6.8M |
| Aug 2025 | $44.3M | $27.9M | $16.5M |
| Jul 2025 | $38.0M | $22.1M | $15.9M |
| Jun 2025 | $35.8M | $27.0M | $8.7M |
SWSBX Assets Under Management
Net assets of Schwab Short-Term Bond Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.64B |
| 2026-02-28 | $1.65B |
| 2025-11-30 | $1.58B |
| 2025-08-31 | $1.50B |
| 2025-05-31 | $1.45B |
| 2025-02-28 | $1.46B |
| 2024-11-30 | $1.49B |
| 2024-08-31 | $1.49B |
| 2024-05-31 | $1.46B |
| 2024-02-29 | $1.47B |
| 2023-11-30 | $1.48B |
| 2023-08-31 | $1.50B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.