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Schwab Target 2040 Fund (SWERX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US8085095334

CUSIP

808509533

Issuer

Charles Schwab

Inception Date

Jun 30, 2005

Min. Investment

$0

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SWERX vs. SWDRX SWERX vs. TRRKX SWERX vs. QQQ SWERX vs. VOO SWERX vs. QQQM SWERX vs. SPY SWERX vs. AAPL SWERX vs. SCHR SWERX vs. VBK SWERX vs. BKLC
Popular comparisons:
SWERX vs. SWDRX SWERX vs. TRRKX SWERX vs. QQQ SWERX vs. VOO SWERX vs. QQQM SWERX vs. SPY SWERX vs. AAPL SWERX vs. SCHR SWERX vs. VBK SWERX vs. BKLC

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Schwab Target 2040 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.20%
12.33%
SWERX (Schwab Target 2040 Fund)
Benchmark (^GSPC)

Returns By Period

Schwab Target 2040 Fund had a return of 14.06% year-to-date (YTD) and 21.10% in the last 12 months. Over the past 10 years, Schwab Target 2040 Fund had an annualized return of 7.76%, while the S&P 500 had an annualized return of 11.13%, indicating that Schwab Target 2040 Fund did not perform as well as the benchmark.


SWERX

YTD

14.06%

1M

-0.37%

6M

6.54%

1Y

21.10%

5Y (annualized)

8.68%

10Y (annualized)

7.76%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.12%3.53%2.71%-3.71%3.39%2.03%2.16%1.63%2.13%-2.19%14.06%
20237.07%-2.69%2.24%1.03%-0.96%4.96%2.82%-2.27%-4.15%-2.80%8.06%5.20%19.06%
2022-4.85%-2.98%1.00%-7.30%0.36%-7.49%6.62%-4.10%-8.73%5.51%6.98%-3.68%-18.57%
2021-0.33%2.29%2.08%4.02%1.18%1.27%1.01%2.04%-3.75%3.95%-2.05%3.22%15.65%
2020-0.99%-5.92%-12.99%9.82%4.51%2.79%4.45%4.64%-2.36%-1.75%9.73%4.04%14.44%
20197.48%2.30%1.15%2.92%-4.93%5.51%0.18%-1.84%1.56%2.15%2.35%2.60%23.01%
20184.54%-3.78%-0.88%0.30%1.12%-0.41%2.11%1.09%-0.45%-7.24%1.23%-6.46%-9.11%
20172.25%2.74%0.91%1.74%1.39%0.75%2.23%0.48%1.81%1.54%1.81%1.14%20.47%
2016-5.73%-0.94%6.35%0.41%1.23%-0.61%4.08%0.26%0.72%-2.26%1.72%1.70%6.62%
2015-1.42%4.83%-0.54%0.72%1.02%-1.54%1.32%-5.69%-2.83%6.14%0.24%-1.28%0.43%
2014-2.96%4.48%0.00%-0.31%1.99%2.14%-2.15%3.24%-3.02%2.32%1.55%-0.57%6.56%
20134.36%0.82%2.74%1.73%0.99%-1.82%5.07%-2.52%4.32%3.54%2.13%2.12%25.82%

Expense Ratio

SWERX has an expense ratio of 0.00%, indicating no management fees are charged.


Expense ratio chart for SWERX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SWERX is 70, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of SWERX is 7070
Combined Rank
The Sharpe Ratio Rank of SWERX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of SWERX is 6060
Sortino Ratio Rank
The Omega Ratio Rank of SWERX is 7070
Omega Ratio Rank
The Calmar Ratio Rank of SWERX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of SWERX is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for SWERX, currently valued at 2.10, compared to the broader market-1.000.001.002.003.004.005.002.102.46
The chart of Sortino ratio for SWERX, currently valued at 2.84, compared to the broader market0.005.0010.002.843.31
The chart of Omega ratio for SWERX, currently valued at 1.42, compared to the broader market1.002.003.004.001.421.46
The chart of Calmar ratio for SWERX, currently valued at 2.22, compared to the broader market0.005.0010.0015.0020.0025.002.223.55
The chart of Martin ratio for SWERX, currently valued at 13.90, compared to the broader market0.0020.0040.0060.0080.00100.0013.9015.76
SWERX
^GSPC

The current Schwab Target 2040 Fund Sharpe ratio is 2.10. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Schwab Target 2040 Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.10
2.46
SWERX (Schwab Target 2040 Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Schwab Target 2040 Fund provided a 1.80% dividend yield over the last twelve months, with an annual payout of $0.34 per share.


1.50%2.00%2.50%$0.00$0.10$0.20$0.30$0.40$0.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.34$0.34$0.27$0.54$0.24$0.35$0.39$0.44$0.24$0.32$0.39$0.27

Dividend yield

1.80%2.06%1.88%2.80%1.32%2.17%2.74%2.61%1.64%2.17%2.43%1.67%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
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$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.39$0.39
2013$0.27$0.27

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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.60%
-1.40%
SWERX (Schwab Target 2040 Fund)
Benchmark (^GSPC)

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 48.24%, occurring on Mar 9, 2009. Recovery took 492 trading sessions.

The current Schwab Target 2040 Fund drawdown is 1.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-48.24%Jul 16, 2007415Mar 9, 2009492Feb 17, 2011907
-29.83%Feb 20, 202023Mar 23, 2020103Aug 18, 2020126
-25.96%Nov 9, 2021235Oct 14, 2022346Mar 4, 2024581
-19.67%May 2, 2011108Oct 3, 2011111Mar 13, 2012219
-16.79%Jan 29, 2018228Dec 21, 2018213Oct 28, 2019441

Volatility

Volatility Chart

The current Schwab Target 2040 Fund volatility is 2.54%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.54%
4.07%
SWERX (Schwab Target 2040 Fund)
Benchmark (^GSPC)