Schwab Target 2040 Fund (SWERX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SWERX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SWERX
SWERX charges 0.00% annually. No mutual funds in the Target Retirement Date category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | SWERX vs JIEHX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | SWERX vs FCQTX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | SWERX vs PLWIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | SWERX vs JLKYX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | SWERX vs LTSTX |
Best Risk-Adjusted Alternatives to SWERX
SWERX has a PortfoliosLab risk / return rank of 60. There are 429 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | SWERX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | SWERX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | SWERX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 83 | — | Sep 2014 | SWERX vs SSBRX | |
| USAA Target Retirement 2030 Fund | 83 | — | Jul 2008 | SWERX vs URTRX |
Top Performing SWERX Alternatives (YTD)
SWERX is at 8.16% YTD. There are 342 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | SWERX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | SWERX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.89% | — | Jun 2017 | SWERX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.86% | — | Jun 2019 | SWERX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.80% | — | Jun 2017 | SWERX vs FQLSX |
Lowest Volatility Alternatives to SWERX
SWERX has 10.85% 1-year volatility. There are 326 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | SWERX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.43% | — | Oct 2009 | SWERX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.46% | — | Oct 2009 | SWERX vs FFGZX | |
| MFS Lifetime Income Fund | 4.50% | — | Sep 2005 | SWERX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | SWERX vs DRIQX |
Lowest Drawdown Alternatives to SWERX
SWERX has a 1-year max drawdown of -8.08%. There are 347 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | SWERX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | SWERX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | SWERX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | SWERX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | SWERX vs PRMYX |
Other Mutual Funds from Charles Schwab
The 10 most viewed Charles Schwab mutual funds shown here include SWPPX, SWVXX, SWTSX and span 8 categories. AUM among these funds goes as high as $247B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Fund | Large Cap Blend Equities, S&P 500 | 59 | 10.09% | 144.34B | May 1997 | SWERX vs SWPPX | |
| Schwab Prime Advantage Money Fund Investor Shares | Money Market | — | 1.74% | 247.33B | Apr 1992 | SWERX vs SWVXX | |
| Schwab Total Stock Market Index Fund | Large Cap Blend Equities | 58 | 10.49% | 44.09B | Jun 1999 | SWERX vs SWTSX | |
| Schwab U.S. Large-Cap Growth Index Fund | Large Cap Growth Equities | 10 | 0.29% | 4.75B | Dec 2017 | SWERX vs SWLGX | |
| Schwab International Index Fund | Foreign Large Cap Equities | 62 | 11.84% | 14.81B | May 1997 | SWERX vs SWISX | |
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 13 | -0.96% | 8.24B | — | SWERX vs SWAGX | |
| Schwab 1000 Index Fund | Large Cap Blend Equities | 56 | 10.31% | 22.19B | Apr 1991 | SWERX vs SNXFX | |
| Schwab Fundamental US Large Company Index Fund | Large Cap Value Equities | 96 | 17.46% | 13.18B | Apr 2007 | SWERX vs SFLNX | |
| Schwab Large-Cap Growth Fund™ | Large Cap Growth Equities | 17 | 5.00% | 598.86M | Oct 2005 | SWERX vs SWLSX | |
| Schwab Small-Cap Index Fund-Select Shares | Small Cap Blend Equities | 76 | 18.88% | 7.55B | May 1997 | SWERX vs SWSSX |
Often Compared With SWERX
Investors most often compare SWERX with SWDRX, TRRKX, QQQ. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SWERX with Any Fund or Stock
Compare SWERX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SWERX with funds that move differently
Schwab Target 2040 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SWERX.
Explore SWERX Diversifiers