Schwab Target 2040 Index Fund (SWYGX)
The fund seeks to achieve its investment objective by investing primarily in affiliated Schwab exchange-traded funds (ETFs). It has a policy to invest, under normal circumstances, at least 80% of its assets (net assets, including, for this purpose, any borrowings for investment purposes) in underlying funds that are managed to seek investment returns that track particular market indices. The fund is managed based on the specific retirement date (target date) included in its name and assumes a retirement age of 65.
Fund Info
US80850L8330
Aug 24, 2016
$0
Large-Cap
Blend
Expense Ratio
SWYGX has an expense ratio of 0.04%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Schwab Target 2040 Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Schwab Target 2040 Index Fund had a return of 13.65% year-to-date (YTD) and 14.19% in the last 12 months.
SWYGX
13.65%
-1.05%
5.64%
14.19%
8.30%
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of SWYGX, 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 | -0.13% | 3.23% | 2.64% | -3.70% | 3.29% | 2.28% | 2.47% | 1.78% | 2.42% | -2.20% | 3.26% | 13.65% | |
| 2023 | 7.01% | -2.96% | 2.34% | 1.18% | -1.10% | 4.85% | 2.78% | -2.32% | -4.15% | -2.61% | 8.26% | 5.25% | 19.07% |
| 2022 | -4.32% | -2.45% | 1.61% | -7.09% | 0.14% | -6.87% | 6.57% | -4.04% | -8.57% | 5.16% | 7.06% | -3.97% | -16.94% |
| 2021 | -0.34% | 1.98% | 2.28% | 3.67% | 1.14% | 1.25% | 1.05% | 1.77% | -3.49% | 4.30% | -1.91% | 3.22% | 15.68% |
| 2020 | -0.69% | -5.71% | -12.02% | 9.02% | 4.01% | 2.54% | 4.16% | 4.45% | -2.35% | -1.81% | 10.04% | 3.85% | 14.19% |
| 2019 | 6.96% | 2.34% | 1.36% | 2.76% | -4.48% | 5.37% | 0.32% | -1.13% | 1.71% | 2.16% | 2.04% | 2.42% | 23.63% |
| 2018 | 3.99% | -3.83% | -0.85% | 0.34% | 1.11% | -0.08% | 2.53% | 1.23% | 0.08% | -6.25% | 1.56% | -6.06% | -6.62% |
| 2017 | 2.09% | 2.54% | 0.76% | 1.23% | 1.59% | 0.73% | 1.91% | 0.27% | 1.87% | 1.58% | 1.90% | 1.18% | 19.12% |
| 2016 | 0.20% | 0.40% | -1.90% | 1.53% | 1.84% | 2.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, SWYGX is among the top 16% of mutual funds on our website when it comes to balancing risk and reward. Below is 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 Index Fund (SWYGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Schwab Target 2040 Index Fund provided a 1.82% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.28 | $0.29 | $0.25 | $0.25 | $0.24 | $0.17 | $0.11 |
Dividend yield | 1.82% | 2.07% | 2.03% | 1.73% | 1.68% | 1.94% | 2.21% | 1.44% | 1.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Schwab Target 2040 Index 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $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 | $0.33 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2018 | $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 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2016 | $0.11 | $0.11 |
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 Target 2040 Index 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 Index Fund was 28.74%, occurring on Mar 23, 2020. Recovery took 103 trading sessions.
The current Schwab Target 2040 Index Fund drawdown is 3.23%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.74% | Feb 13, 2020 | 27 | Mar 23, 2020 | 103 | Aug 18, 2020 | 130 |
| -24.07% | Nov 9, 2021 | 235 | Oct 14, 2022 | 331 | Feb 9, 2024 | 566 |
| -15.27% | Jan 29, 2018 | 229 | Dec 24, 2018 | 75 | Apr 12, 2019 | 304 |
| -6.21% | Sep 3, 2020 | 14 | Sep 23, 2020 | 33 | Nov 9, 2020 | 47 |
| -5.71% | Jul 17, 2024 | 14 | Aug 5, 2024 | 12 | Aug 21, 2024 | 26 |
Volatility
Volatility Chart
The current Schwab Target 2040 Index Fund volatility is 3.23%, 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.