SCHX vs. SWYJX
SCHX (Schwab U.S. Large-Cap ETF) and SWYJX (Schwab Target 2055 Index Fund) are both funds - SCHX is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Large-Cap Total Stock Market Index, while SWYJX is a Target Retirement Date fund managed by Charles Schwab. Over the past 5 years, SCHX returned 12.44%/yr vs 10.20%/yr for SWYJX. With a 0.95 correlation, they move nearly in lockstep. SCHX charges 0.03%/yr vs 0.04%/yr for SWYJX.
Performance
SCHX vs. SWYJX - Performance Comparison
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Returns By Period
In the year-to-date period, SCHX achieves a 8.04% return, which is significantly lower than SWYJX's 12.15% return.
SCHX
- 1D
- -1.29%
- 1M
- -1.16%
- YTD
- 8.04%
- 6M
- 7.00%
- 1Y
- 23.07%
- 3Y*
- 20.75%
- 5Y*
- 12.44%
- 10Y*
- 15.47%
SWYJX
- 1D
- 0.00%
- 1M
- 1.71%
- YTD
- 12.15%
- 6M
- 11.46%
- 1Y
- 26.50%
- 3Y*
- 19.27%
- 5Y*
- 10.20%
- 10Y*
- —
SCHX vs. SWYJX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHX Schwab U.S. Large-Cap ETF | 8.04% | 17.46% | 24.88% | 26.84% | -19.41% | 26.81% | 20.81% | 31.22% | -4.66% | 21.95% |
SWYJX Schwab Target 2055 Index Fund | 12.15% | 19.90% | 14.52% | 21.23% | -17.80% | 18.36% | 14.79% | 25.78% | -7.85% | 21.01% |
Correlation
The correlation between SCHX and SWYJX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2016 | 0.95 |
The correlation between SCHX and SWYJX has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
SCHX vs. SWYJX — Risk / Return Rank
SCHX
SWYJX
SCHX vs. SWYJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap ETF (SCHX) and Schwab Target 2055 Index Fund (SWYJX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCHX | SWYJX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 3.14 | -0.57 |
| Martin ratioReturn relative to average drawdown | 11.26 | 13.76 | -2.51 |
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Drawdowns
SCHX vs. SWYJX - Drawdown Comparison
The maximum SCHX drawdown since its inception was -34.33%, which is greater than SWYJX's maximum drawdown of -31.18%. Use the drawdown chart below to compare losses from any high point for SCHX and SWYJX.
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Drawdown Indicators
| SCHX | SWYJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.33% | -31.18% | -3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.02% | -8.83% | -0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -19.04% | -15.46% | -3.58% |
Max Drawdown (5Y)Largest decline over 5 years | -25.41% | -25.69% | +0.28% |
Max Drawdown (10Y)Largest decline over 10 years | -34.33% | — | — |
Current DrawdownCurrent decline from peak | -3.11% | -0.40% | -2.71% |
Average DrawdownAverage peak-to-trough decline | -3.96% | -4.60% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.01% | +0.04% |
Volatility
SCHX vs. SWYJX - Volatility Comparison
Schwab U.S. Large-Cap ETF (SCHX) and Schwab Target 2055 Index Fund (SWYJX) have volatilities of 4.89% and 4.66%, 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.
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Volatility by Period
| SCHX | SWYJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 4.66% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.94% | 10.11% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.65% | 12.31% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 15.23% | +2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 16.09% | +2.07% |
SCHX vs. SWYJX - Expense Ratio Comparison
SCHX has a 0.03% expense ratio, which is lower than SWYJX's 0.04% 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%.
Dividends
SCHX vs. SWYJX - Dividend Comparison
SCHX's dividend yield for the trailing twelve months is around 1.03%, less than SWYJX's 1.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHX Schwab U.S. Large-Cap ETF | 1.03% | 1.09% | 1.22% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.02% | 1.70% | 1.92% | 2.04% |
SWYJX Schwab Target 2055 Index Fund | 1.73% | 1.95% | 1.99% | 1.99% | 1.93% | 1.77% | 1.62% | 1.96% | 2.17% | 1.47% | 1.25% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, SCHX and SWYJX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SCHX has higher volatility (4.89%) compared to SWYJX (4.66%). In terms of maximum drawdown, SCHX dropped -34.33% vs SWYJX's -31.18%.
SWYJX currently has the higher Sharpe Ratio (2.25 vs 1.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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