Schwab Target 2040 Index Fund (SWYGX) 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 SWYGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SWYGX
SWYGX charges 0.08% annually. There are 63 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | SWYGX vs PLTZX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | SWYGX vs PLWIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | SWYGX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | SWYGX vs PMTIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | SWYGX vs FCQTX |
Best Risk-Adjusted Alternatives to SWYGX
SWYGX has a PortfoliosLab risk / return rank of 73. There are 42 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 | SWYGX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | SWYGX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | SWYGX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | SWYGX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | SWYGX vs URTRX |
Top Performing SWYGX Alternatives (YTD)
SWYGX is at 9.09% YTD. There are 269 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 | SWYGX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | SWYGX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | SWYGX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | SWYGX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | SWYGX vs FDFPX |
Lowest Volatility Alternatives to SWYGX
SWYGX has 10.62% 1-year volatility. There are 301 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 | SWYGX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | SWYGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | SWYGX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | SWYGX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | SWYGX vs DRIQX |
Lowest Drawdown Alternatives to SWYGX
SWYGX has a 1-year max drawdown of -7.50%. There are 306 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 | SWYGX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | SWYGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | SWYGX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | SWYGX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | SWYGX 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 | 63 | 9.35% | 144.34B | May 1997 | SWYGX vs SWPPX | |
| Schwab Prime Advantage Money Fund Investor Shares | Money Market | — | 1.74% | 247.33B | Apr 1992 | SWYGX vs SWVXX | |
| Schwab Total Stock Market Index Fund | Large Cap Blend Equities | 63 | 9.82% | 44.09B | Jun 1999 | SWYGX vs SWTSX | |
| Schwab U.S. Large-Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.51% | 4.75B | Dec 2017 | SWYGX vs SWLGX | |
| Schwab International Index Fund | Foreign Large Cap Equities | 69 | 12.67% | 14.81B | May 1997 | SWYGX vs SWISX | |
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 21 | -0.73% | 8.24B | — | SWYGX vs SWAGX | |
| Schwab 1000 Index Fund | Large Cap Blend Equities | 60 | 9.62% | 22.19B | Apr 1991 | SWYGX vs SNXFX | |
| Schwab Fundamental US Large Company Index Fund | Large Cap Value Equities | 96 | 17.37% | 13.18B | Apr 2007 | SWYGX vs SFLNX | |
| Schwab Large-Cap Growth Fund™ | Large Cap Growth Equities | 18 | 3.77% | 598.86M | Oct 2005 | SWYGX vs SWLSX | |
| Schwab Small-Cap Index Fund-Select Shares | Small Cap Blend Equities | 79 | 19.46% | 7.55B | May 1997 | SWYGX vs SWSSX |
Often Compared With SWYGX
Investors most often compare SWYGX with VFORX, SWYEX, VFIAX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare SWYGX with Any Fund or Stock
Compare SWYGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SWYGX with funds that move differently
Schwab Target 2040 Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SWYGX.
Explore SWYGX Diversifiers