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 0.04% annually. There are 24 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 2045 Fund | 0.01% | — | Feb 2008 | SWYGX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | SWYGX vs PPLIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | SWYGX vs PTDIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | SWYGX vs PLWIX |
Best Risk-Adjusted Alternatives to SWYGX
SWYGX has a PortfoliosLab risk / return rank of 68. There are 188 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 | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | SWYGX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | SWYGX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 86 | — | Aug 2019 | SWYGX vs FRHMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | SWYGX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | SWYGX vs FRAMX |
Top Performing SWYGX Alternatives (YTD)
SWYGX is at 9.88% YTD. There are 283 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 15,640,638.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 15,640,638.04% | — | Aug 2019 | SWYGX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | SWYGX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | SWYGX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | SWYGX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.86% | — | Aug 2014 | SWYGX vs FVTKX |
Lowest Volatility Alternatives to SWYGX
SWYGX has 10.43% 1-year volatility. There are 319 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | SWYGX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | SWYGX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | SWYGX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | SWYGX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.35% | — | Oct 2009 | SWYGX vs FIKFX |
Lowest Drawdown Alternatives to SWYGX
SWYGX has a 1-year max drawdown of -7.50%. There are 326 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 Income Fund Investor Class | -3.32% | — | Oct 2009 | SWYGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | SWYGX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | SWYGX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | SWYGX vs FRKMX |
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 $248B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Fund | Large Cap Blend Equities, S&P 500 | 65 | 10.83% | 145.69B | May 1997 | SWYGX vs SWPPX | |
| Schwab Prime Advantage Money Fund Investor Shares | Money Market | — | 1.74% | 247.96B | Apr 1992 | SWYGX vs SWVXX | |
| Schwab Total Stock Market Index Fund | Large Cap Blend Equities | 64 | 11.47% | 44.59B | Jun 1999 | SWYGX vs SWTSX | |
| Schwab U.S. Large-Cap Growth Index Fund | Large Cap Growth Equities | 18 | 4.56% | 4.94B | Dec 2017 | SWYGX vs SWLGX | |
| Schwab International Index Fund | Foreign Large Cap Equities | 34 | 10.17% | 14.63B | May 1997 | SWYGX vs SWISX | |
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 18 | 0.06% | 8.31B | — | SWYGX vs SWAGX | |
| Schwab 1000 Index Fund | Large Cap Blend Equities | 61 | 11.20% | 22.48B | Apr 1991 | SWYGX vs SNXFX | |
| Schwab Large-Cap Growth Fund™ | Large Cap Growth Equities | 26 | 9.29% | 626.43M | Oct 2005 | SWYGX vs SWLSX | |
| Schwab Fundamental US Large Company Index Fund | Large Cap Value Equities | 92 | 15.93% | 12.97B | Apr 2007 | SWYGX vs SFLNX | |
| Schwab Small-Cap Index Fund-Select Shares | Small Cap Blend Equities | 69 | 21.32% | 7.67B | May 1997 | SWYGX vs SWSSX |
Often Compared With SWYGX
Investors most often compare SWYGX with VFORX, SWYEX, VFIAX. These 20 comparison targets span 5 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