PBAMX vs. SWYGX
Compare and contrast key facts about Putnam Retirement Advantage 2040 Fund (PBAMX) and Schwab Target 2040 Index Fund (SWYGX).
PBAMX is managed by Putnam. It was launched on Dec 30, 2019. SWYGX is managed by Schwab Funds. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBAMX or SWYGX.
Correlation
The correlation between PBAMX and SWYGX is 0.96, 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
PBAMX vs. SWYGX - Performance Comparison
Key characteristics
PBAMX:
1.66
SWYGX:
1.59
PBAMX:
2.27
SWYGX:
2.18
PBAMX:
1.31
SWYGX:
1.29
PBAMX:
1.03
SWYGX:
2.74
PBAMX:
8.39
SWYGX:
8.93
PBAMX:
1.91%
SWYGX:
1.75%
PBAMX:
9.57%
SWYGX:
9.76%
PBAMX:
-30.93%
SWYGX:
-28.74%
PBAMX:
-1.59%
SWYGX:
0.00%
Returns By Period
In the year-to-date period, PBAMX achieves a 3.78% return, which is significantly lower than SWYGX's 4.11% return.
PBAMX
3.78%
4.36%
5.49%
16.33%
5.09%
N/A
SWYGX
4.11%
4.77%
6.65%
16.30%
8.42%
N/A
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PBAMX vs. SWYGX - Expense Ratio Comparison
PBAMX has a 0.45% expense ratio, which is higher than SWYGX's 0.04% expense ratio.
Risk-Adjusted Performance
PBAMX vs. SWYGX — Risk-Adjusted Performance Rank
PBAMX
SWYGX
PBAMX vs. SWYGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Retirement Advantage 2040 Fund (PBAMX) and Schwab Target 2040 Index Fund (SWYGX). 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
PBAMX vs. SWYGX - Dividend Comparison
PBAMX's dividend yield for the trailing twelve months is around 5.40%, more than SWYGX's 2.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBAMX Putnam Retirement Advantage 2040 Fund | 5.40% | 5.60% | 2.68% | 1.55% | 6.24% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% |
SWYGX Schwab Target 2040 Index Fund | 2.19% | 2.28% | 2.07% | 2.03% | 1.73% | 1.68% | 1.94% | 2.21% | 1.44% | 1.13% |
Drawdowns
PBAMX vs. SWYGX - Drawdown Comparison
The maximum PBAMX drawdown since its inception was -30.93%, which is greater than SWYGX's maximum drawdown of -28.74%. Use the drawdown chart below to compare losses from any high point for PBAMX and SWYGX. For additional features, visit the drawdowns tool.
Volatility
PBAMX vs. SWYGX - Volatility Comparison
Putnam Retirement Advantage 2040 Fund (PBAMX) and Schwab Target 2040 Index Fund (SWYGX) have volatilities of 2.66% and 2.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.