Schwab Target 2040 Fund (SWERX)
The fund seeks to achieve its investment objective by investing primarily in a combination of other affiliated Schwab Funds and Laudus Funds. It may also invest in unaffiliated third party mutual funds (referred to herein as unaffiliated funds and, together with Schwab Funds and Laudus Funds, the underlying funds). The fund invests in the underlying funds in accordance with its target portfolio allocation.
Fund Info
US8085095334
808509533
Jun 30, 2005
$0
Large-Cap
Blend
Expense Ratio
SWERX has an expense ratio of 0.00%, meaning no management fees are charged.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Schwab Target 2040 Fund (SWERX) returned 1.23% year-to-date (YTD) and 4.88% over the past 12 months. Over the past 10 years, SWERX returned 2.83% annually, underperforming the S&P 500 benchmark at 10.46%.
SWERX
1.23%
4.79%
-4.02%
4.88%
6.70%
2.83%
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of SWERX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.90% | -0.11% | -3.09% | 0.62% | 1.00% | 1.23% | |||||||
| 2024 | 0.12% | 3.53% | 2.71% | -3.71% | 4.09% | 1.35% | 2.16% | 2.22% | 1.54% | -2.19% | 3.63% | -5.62% | 9.68% |
| 2023 | 7.07% | -2.69% | 2.24% | 1.03% | -0.96% | 4.96% | 2.82% | -2.27% | -4.15% | -2.80% | 8.06% | 3.38% | 17.00% |
| 2022 | -4.85% | -2.98% | 1.01% | -7.30% | 0.36% | -7.49% | 6.62% | -4.10% | -8.73% | 5.51% | 6.98% | -9.57% | -23.55% |
| 2021 | -0.33% | 2.29% | 2.08% | 4.02% | 1.18% | 1.27% | 1.01% | 2.04% | -3.75% | 3.95% | -2.05% | -0.89% | 11.04% |
| 2020 | -0.99% | -5.92% | -12.99% | 9.82% | 4.51% | 2.79% | 4.45% | 4.64% | -2.36% | -1.75% | 9.73% | 1.98% | 12.18% |
| 2019 | 7.48% | 2.30% | 1.15% | 2.92% | -4.93% | 5.51% | 0.18% | -1.84% | 1.56% | 2.15% | 2.35% | -2.75% | 16.59% |
| 2018 | 4.54% | -3.78% | -0.88% | 0.30% | 1.12% | -0.41% | 2.11% | 1.09% | -0.45% | -7.24% | 1.23% | -11.66% | -14.16% |
| 2017 | 2.25% | 2.74% | 0.91% | 1.74% | 1.39% | 0.75% | 2.23% | 0.49% | 1.81% | 1.54% | 1.81% | -0.37% | 18.67% |
| 2016 | -5.73% | -0.94% | 6.35% | 0.41% | 1.23% | -0.61% | 4.08% | 0.26% | 0.72% | -2.26% | 1.72% | -3.26% | 1.42% |
| 2015 | -1.42% | 4.83% | -0.54% | 0.72% | 1.02% | -1.54% | 1.32% | -5.69% | -2.83% | 6.14% | 0.24% | -9.10% | -7.53% |
| 2014 | -2.96% | 4.47% | 0.00% | -0.31% | 1.99% | 2.14% | -2.15% | 3.24% | -3.02% | 2.32% | 1.55% | -2.76% | 4.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SWERX is 47, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Schwab Target 2040 Fund (SWERX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Schwab Target 2040 Fund provided a 2.16% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.39 | $0.34 | $0.27 | $0.54 | $0.24 | $0.35 | $0.39 | $0.44 | $0.24 | $0.32 | $0.39 |
Dividend yield | 2.16% | 2.18% | 2.06% | 1.88% | 2.80% | 1.32% | 2.17% | 2.74% | 2.61% | 1.64% | 2.17% | 2.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Schwab Target 2040 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2014 | $0.39 | $0.39 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Schwab Target 2040 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 2040 Fund was 48.64%, occurring on Mar 9, 2009. Recovery took 523 trading sessions.
The current Schwab Target 2040 Fund drawdown is 5.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.64% | Nov 1, 2007 | 338 | Mar 9, 2009 | 523 | Apr 4, 2011 | 861 |
| -31.96% | Jan 29, 2018 | 541 | Mar 23, 2020 | 114 | Sep 2, 2020 | 655 |
| -28.91% | Nov 9, 2021 | 235 | Oct 14, 2022 | — | — | — |
| -22.32% | May 22, 2015 | 183 | Feb 11, 2016 | 366 | Jul 26, 2017 | 549 |
| -19.67% | May 2, 2011 | 108 | Oct 3, 2011 | 111 | Mar 13, 2012 | 219 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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