FCQTX vs. SWPPX
Compare and contrast key facts about American Funds 2065 Target Date Retirement Fund (FCQTX) and Schwab S&P 500 Index Fund (SWPPX).
FCQTX is managed by American Funds. It was launched on Mar 26, 2020. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCQTX or SWPPX.
Key characteristics
| FCQTX | SWPPX | |
|---|---|---|
| YTD Return | 17.31% | 26.92% |
| 1Y Return | 25.98% | 34.98% |
| 3Y Return (Ann) | 4.34% | 10.22% |
| Sharpe Ratio | 2.58 | 3.05 |
| Sortino Ratio | 3.54 | 4.04 |
| Omega Ratio | 1.48 | 1.57 |
| Calmar Ratio | 2.85 | 4.44 |
| Martin Ratio | 17.09 | 20.06 |
| Ulcer Index | 1.68% | 1.87% |
| Daily Std Dev | 11.12% | 12.34% |
| Max Drawdown | -27.34% | -55.06% |
| Current Drawdown | -1.14% | -0.26% |
Correlation
The correlation between FCQTX and SWPPX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FCQTX vs. SWPPX - Performance Comparison
In the year-to-date period, FCQTX achieves a 17.31% return, which is significantly lower than SWPPX's 26.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FCQTX vs. SWPPX - Expense Ratio Comparison
FCQTX has a 0.01% expense ratio, which is lower than SWPPX's 0.02% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCQTX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2065 Target Date Retirement Fund (FCQTX) and Schwab S&P 500 Index Fund (SWPPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FCQTX vs. SWPPX - Dividend Comparison
FCQTX's dividend yield for the trailing twelve months is around 1.12%, which matches SWPPX's 1.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCQTX American Funds 2065 Target Date Retirement Fund | 1.12% | 1.31% | 0.80% | 0.76% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.13% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
FCQTX vs. SWPPX - Drawdown Comparison
The maximum FCQTX drawdown since its inception was -27.34%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FCQTX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
FCQTX vs. SWPPX - Volatility Comparison
The current volatility for American Funds 2065 Target Date Retirement Fund (FCQTX) is 2.88%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.75%. This indicates that FCQTX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.