Dividend comparison

BOXX vs SWVXX: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Alpha Architect 1-3 Month Box ETF and Schwab Prime Advantage Money Fund - Investor, side by side. Updated October 21, 2026.

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BOXX vs SWVXX: key differences
The short answer, from the latest data on this page.
  • Performance. Over the last 3 years, BOXX returned 14.5% versus 1.7% for SWVXX, with dividends reinvested. $10,000 would have grown to $11,446 in BOXX and $10,173 in SWVXX.
  • Risk. Their worst declines over the last 3 years were similar: -0.1% for BOXX and 0.0% for SWVXX from peak to trough.

Bottom line: BOXX has the edge on these figures, with stronger 3-year returns. SWVXX does not lead on any of the measures compared here.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricBOXX
Alpha Architect 1-3 Month Box ETF
SWVXX
Schwab Prime Advantage Money Fund - Investor
Dividend yield (TTM)—3.58%
Dividend / share (TTM)—$0.04
Payout frequency—Monthly
Last dividend$0.2906 on Aug 14, 2024$0.0030 on Sep 30, 2026
Ex-dividend dateAug 13, 2024Sep 30, 2026
Dividend growth (CAGR)—223.8% over 4 yrs
Price$118.68$1.00
Beta-0.000.02
Max drawdown (5Y)-0.1%0.0%
Market cap$14.26B$245.26B
ExchangeCBOENASDAQ
Expense ratio0.24%—
Assets under management$14.30B—
Number of holdings18—
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

BOXX

—/mo

Yield data unavailable

SWVXX

$29.84/mo

$358 /yr at 3.58% yield

Dividend history
Total dividends paid per share in each calendar year.
YearBOXXSWVXX
2025—$0.0406
2024—$0.0500
2023—$0.0491
2022—$0.0156
2021—$0.0004
Strategy: Cash equivalent
Funds holding short-dated US government paper, where the objective is that the principal is there when you need it. Yield follows short-term interest rates with a short lag rather than being locked in, so income falls when the central bank cuts and rises when it hikes. Because the underlying holdings are nearly identical across providers, the expense ratio comes almost directly out of what you receive.

There is no growth here by design, and purchasing power erodes whenever the after-tax yield sits below inflation.

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Apr 17, 2023 would now be worth $11,735 in BOXX and $10,173 in SWVXX.
PeriodBOXXSWVXX
1 month0.37%0.00%
3 months1.01%0.00%
Year to date3.11%0.00%
1 year4.02%0.00%
3 years14.46%1.73%
5 years——
  • BOXX
  • SWVXX
991091192023202420252026117102

Both series indexed to 100 on 2023-04-17 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • BOXX
  • SWVXX
0%10%20%30%40%Technology40.1%Financial Services11.3%Communication Services9.9%Healthcare9.4%Consumer Cyclical8.7%Industrials7.6%Consumer Defensive4.4%Energy3.4%Utilities1.9%Real Estate1.7%Other1.6%

Quick verdict

BOXX has the edge on these figures, with stronger 3-year returns. SWVXX does not lead on any of the measures compared here. Model the holding inside your real portfolio before deciding.

Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how BOXX vs SWVXX fits with the rest of your holdings. Free to start — no credit card required for the trial.
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Frequently asked questions

Is BOXX or SWVXX better for dividend income?
Compare yield, payout sustainability, and how each fund or stock fits your income goals. Use Dividend Wealth to model both holdings inside a real portfolio forecast.
What is the difference between BOXX and SWVXX?
Alpha Architect 1-3 Month Box ETF (BOXX) is an ETF listed on CBOE. Schwab Prime Advantage Money Fund - Investor (SWVXX) is an ETF listed on NASDAQ. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which has performed better, BOXX or SWVXX?
Over the last 3 years, BOXX has the higher total return with dividends reinvested: BOXX returned 14.5% and SWVXX returned 1.7%. Past performance does not predict future returns.
Which is riskier, BOXX or SWVXX?
Measured by the worst peak-to-trough decline over the last five years, BOXX has been riskier: BOXX fell as much as 0.1% and SWVXX as much as 0.0%. Their betas are -0.00 and 0.02.
Can I hold both BOXX and SWVXX?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare BOXX vs SWVXX with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how BOXX and SWVXX fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.