- ISIN
- US8085095581
- CUSIP
- 808509558
- Issuer
- Charles Schwab
- Inception Date
- Jun 30, 2005
- Category
- Target Retirement Date
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $281M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
SWCRX Performance Chart
Schwab Target 2020 Fund (SWCRX) is up 5.0% since the beginning of the year. SWCRX is currently trading at $14 per share. Investors who bought $1,000 worth of SWCRX shares 5 years ago would now be looking at an investment worth $1,273.
Loading charts...
Returns By Period
Schwab Target 2020 Fund (SWCRX) has returned 4.95% so far this year and 13.76% over the past 12 months. Over the last ten years, SWCRX has returned 6.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Schwab Target 2020 Fund
- 1D
- 0.15%
- 1M
- 2.26%
- YTD
- 4.95%
- 6M
- 5.20%
- 1Y
- 13.76%
- 3Y*
- 10.79%
- 5Y*
- 4.95%
- 10Y*
- 6.63%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
SWCRX Monthly Returns History
Based on dividend-adjusted daily data since Jul 1, 2005, SWCRX's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, an investment would double in approximately 10.9 years.
Historically, 66% of months were positive and 34% were negative. The best month was Oct 2011 with a return of +7.5%, while the worst month was Oct 2008 at -13.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SWCRX closed higher 51% of trading days. The best single day was Dec 30, 2021 with a return of +7.6%, while the worst single day was Dec 31, 2021 at -7.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.24% | 1.53% | -3.61% | 3.91% | 1.80% | 0.15% | 4.95% | ||||||
| 2025 | 1.81% | 0.85% | -1.76% | 0.47% | 1.94% | 2.67% | 0.22% | 2.00% | 1.74% | 1.00% | 0.57% | 0.16% | 12.23% |
| 2024 | 0.23% | 1.33% | 1.85% | -3.03% | 2.96% | 1.21% | 2.10% | 1.83% | 1.44% | -2.06% | 2.54% | -2.16% | 8.32% |
| 2023 | 4.86% | -2.28% | 2.33% | 0.79% | -0.86% | 2.52% | 1.53% | -1.36% | -3.22% | -1.98% | 6.14% | 4.16% | 12.83% |
| 2022 | -3.31% | -1.98% | -0.49% | -5.26% | 0.30% | -4.65% | 4.73% | -3.33% | -6.43% | 2.62% | 5.02% | -2.28% | -14.76% |
| 2021 | -0.53% | 0.53% | 0.73% | 2.44% | 0.84% | 0.83% | 1.20% | 1.00% | -2.23% | 2.15% | -0.81% | 1.53% | 7.86% |
Benchmark Metrics
Schwab Target 2020 Fund has an annualized alpha of 1.08%, beta of 0.51, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since July 05, 2005.
- This fund participated in 62.96% of S&P 500 Index downside but only 56.19% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.51 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.08%
- Beta
- 0.51
- R²
- 0.78
- Upside Capture
- 56.19%
- Downside Capture
- 62.96%
Expense Ratio
SWCRX has an expense ratio of 0.00%, meaning no management fees are charged.
Return for Risk
Risk / Return Rank
SWCRX ranks 61 for risk / return — better than 61% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Schwab Target 2020 Fund (SWCRX) and compare them to S&P 500 Index.
| SWCRX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.31 | 2.24 | +0.07 |
Sortino ratioReturn per unit of downside risk | 3.36 | 3.07 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.41 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.80 | 2.93 | -0.13 |
Martin ratioReturn relative to average drawdown | 12.41 | 13.52 | -1.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Schwab Target 2020 Fund provided a 9.87% dividend yield over the last twelve months, with an annual payout of $1.34 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.34 | $1.34 | $1.15 | $0.91 | $0.74 | $1.15 | $0.59 | $0.80 | $0.77 | $0.81 | $0.75 | $0.76 |
Dividend yield | 9.87% | 10.36% | 9.04% | 7.12% | 6.14% | 7.58% | 3.91% | 5.67% | 6.04% | 5.72% | 5.65% | 5.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Schwab Target 2020 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $1.34 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Schwab Target 2020 Fund. 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 Target 2020 Fund was 42.19%, occurring on Mar 9, 2009. Recovery took 535 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -42.19%Mar 2009 | 1y 4mo | 2y 1mo | 3y 5moNov 2007 - Apr 2011 |
Bear market2022 | -25.28%Oct 2022 | 9mo 17d | 2y 7mo | 3y 4moDec 2021 - May 2025 |
COVID crash2020 | -16.02%Mar 2020 | 1mo 2d | 3mo 19d | 4mo 21dFeb 2020 - Jul 2020 |
2011 correction2011 | -13.38%Oct 2011 | 5mo 4d | 4mo 8d | 9mo 12dMay 2011 - Feb 2012 |
2016 pullback2016 | -9.76%Feb 2016 | 9mo 20d | 5mo 10d | 1y 2moApr 2015 - Jul 2016 |
Drawdown Indicators
| SWCRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.19% | -56.78% | +14.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -9.10% | +4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -8.01% | -18.90% | +10.89% |
Max Drawdown (5Y)Largest decline over 5 years | -25.28% | -25.43% | +0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -25.28% | -33.92% | +8.64% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -10.72% | +4.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 1.97% | -0.85% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SWCRX
Add Schwab Target 2020 Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SWCRX