Schwab 2040
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
GLD SPDR Gold Trust | Precious Metals, Gold | 15% |
SCHB Schwab U.S. Broad Market ETF | Large Cap Growth Equities | 60% |
SCHF Schwab International Equity ETF | Foreign Large Cap Equities | 15% |
SCHZ Schwab U.S. Aggregate Bond ETF | Total Bond Market | 10% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Schwab 2040, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Jul 14, 2011, corresponding to the inception date of SCHZ
Returns By Period
As of Sep 20, 2024, the Schwab 2040 returned 17.81% Year-To-Date and 10.03% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 19.79% | 2.08% | 9.01% | 29.79% | 13.85% | 11.12% |
| Schwab 2040 | 17.81% | 2.48% | 9.75% | 27.66% | 12.19% | 10.03% |
| Portfolio components: | ||||||
SCHB Schwab U.S. Broad Market ETF | 19.74% | 2.55% | 9.23% | 31.16% | 14.92% | 12.64% |
SCHF Schwab International Equity ETF | 11.62% | 2.51% | 5.75% | 20.04% | 8.08% | 5.48% |
SCHZ Schwab U.S. Aggregate Bond ETF | 4.92% | 1.36% | 6.12% | 10.46% | 0.40% | 1.82% |
GLD SPDR Gold Trust | 25.11% | 2.89% | 18.42% | 33.35% | 10.87% | 7.44% |
Monthly Returns
The table below presents the monthly returns of Schwab 2040, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.30% | 3.62% | 3.83% | -2.92% | 3.95% | 1.66% | 2.57% | 2.19% | 17.81% | ||||
| 2023 | 6.69% | -2.97% | 3.42% | 1.24% | -0.55% | 4.42% | 2.95% | -2.01% | -4.40% | -1.16% | 7.70% | 4.59% | 20.86% |
| 2022 | -4.62% | -1.01% | 1.98% | -7.22% | -0.24% | -6.71% | 6.26% | -3.95% | -7.93% | 5.36% | 6.69% | -3.50% | -15.26% |
| 2021 | -0.91% | 1.21% | 2.46% | 4.11% | 1.94% | 0.32% | 1.61% | 1.86% | -3.82% | 4.76% | -1.62% | 3.39% | 16.05% |
| 2020 | 0.39% | -5.86% | -10.32% | 10.31% | 4.51% | 2.36% | 5.56% | 4.92% | -3.23% | -1.85% | 8.73% | 4.46% | 19.50% |
| 2019 | 6.77% | 2.42% | 0.94% | 2.69% | -4.31% | 6.47% | 0.60% | -0.10% | 0.98% | 2.13% | 2.01% | 2.70% | 25.39% |
| 2018 | 4.22% | -3.45% | -1.10% | 0.23% | 1.32% | -0.34% | 2.05% | 1.54% | 0.13% | -5.47% | 1.31% | -5.17% | -5.09% |
| 2017 | 2.53% | 2.90% | 0.44% | 1.26% | 1.23% | 0.25% | 2.03% | 0.78% | 1.25% | 1.47% | 1.97% | 1.27% | 18.81% |
| 2016 | -3.28% | 1.44% | 5.33% | 1.51% | 0.02% | 1.36% | 3.34% | -0.28% | 0.43% | -2.15% | 0.98% | 1.31% | 10.18% |
| 2015 | -0.18% | 3.20% | -1.08% | 0.86% | 0.78% | -1.82% | 0.28% | -4.24% | -2.55% | 6.12% | -0.77% | -1.74% | -1.53% |
| 2014 | -1.94% | 4.58% | -0.16% | 0.44% | 1.27% | 2.61% | -2.01% | 2.68% | -2.82% | 1.17% | 1.52% | -0.33% | 6.97% |
| 2013 | 3.55% | -0.18% | 2.75% | 0.66% | -0.03% | -2.72% | 5.26% | -1.26% | 2.60% | 3.07% | 0.97% | 1.37% | 16.96% |
Expense Ratio
Schwab 2040 has an expense ratio of 0.09%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of Schwab 2040 is 78, placing it in the top 22% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
SCHB Schwab U.S. Broad Market ETF | 2.29 | 3.07 | 1.41 | 2.14 | 13.35 |
SCHF Schwab International Equity ETF | 1.50 | 2.11 | 1.26 | 1.26 | 7.75 |
SCHZ Schwab U.S. Aggregate Bond ETF | 1.61 | 2.36 | 1.28 | 0.58 | 6.54 |
GLD SPDR Gold Trust | 2.30 | 3.22 | 1.40 | 2.59 | 13.91 |
Dividends
Dividend yield
Schwab 2040 granted a 1.31% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Schwab 2040 | 1.31% | 1.61% | 1.65% | 1.42% | 1.53% | 1.80% | 2.02% | 1.58% | 2.00% | 1.75% | 1.67% | 1.51% |
| Portfolio components: | ||||||||||||
SCHB Schwab U.S. Broad Market ETF | 0.93% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 2.31% | 2.00% | 1.72% | 1.63% |
SCHF Schwab International Equity ETF | 2.61% | 2.97% | 2.80% | 3.19% | 2.08% | 2.95% | 3.06% | 2.35% | 2.58% | 2.26% | 2.90% | 2.21% |
SCHZ Schwab U.S. Aggregate Bond ETF | 3.65% | 3.28% | 2.63% | 2.16% | 2.43% | 2.79% | 2.79% | 2.40% | 2.24% | 2.11% | 2.03% | 2.01% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Schwab 2040. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Schwab 2040 was 26.99%, occurring on Mar 23, 2020. Recovery took 83 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.99% | Feb 20, 2020 | 23 | Mar 23, 2020 | 83 | Jul 21, 2020 | 106 |
| -22.41% | Nov 9, 2021 | 235 | Oct 14, 2022 | 292 | Dec 13, 2023 | 527 |
| -14.56% | Jul 25, 2011 | 50 | Oct 3, 2011 | 84 | Feb 2, 2012 | 134 |
| -14.05% | Jan 29, 2018 | 229 | Dec 24, 2018 | 68 | Apr 3, 2019 | 297 |
| -12.3% | May 19, 2015 | 170 | Jan 20, 2016 | 97 | Jun 8, 2016 | 267 |
Volatility
Volatility Chart
The current Schwab 2040 volatility is 3.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| SCHZ | GLD | SCHB | SCHF | |
|---|---|---|---|---|
| SCHZ | 1.00 | 0.32 | -0.09 | -0.06 |
| GLD | 0.32 | 1.00 | 0.04 | 0.16 |
| SCHB | -0.09 | 0.04 | 1.00 | 0.83 |
| SCHF | -0.06 | 0.16 | 0.83 | 1.00 |