SWBRX vs. SWPPX
Compare and contrast key facts about Schwab Target 2010 Fund (SWBRX) and Schwab S&P 500 Index Fund (SWPPX).
SWBRX is managed by Charles Schwab. It was launched on Jun 30, 2005. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
SWBRX vs. SWPPX - Performance Comparison
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SWBRX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWBRX Schwab Target 2010 Fund | -1.80% | 11.25% | 7.36% | 11.82% | -14.21% | 6.98% | 11.19% | 14.52% | -3.45% | 10.24% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, SWBRX achieves a -1.80% return, which is significantly higher than SWPPX's -7.07% return. Over the past 10 years, SWBRX has underperformed SWPPX with an annualized return of 5.32%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
SWBRX
- 1D
- 0.23%
- 1M
- -4.17%
- YTD
- -1.80%
- 6M
- -0.26%
- 1Y
- 8.00%
- 3Y*
- 7.84%
- 5Y*
- 3.69%
- 10Y*
- 5.32%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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SWBRX vs. SWPPX - Expense Ratio Comparison
SWBRX has a 0.00% 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%.
Return for Risk
SWBRX vs. SWPPX — Risk / Return Rank
SWBRX
SWPPX
SWBRX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2010 Fund (SWBRX) 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.
| SWBRX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.27 | 0.84 | +0.43 |
Sortino ratioReturn per unit of downside risk | 1.81 | 1.30 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.20 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.06 | +0.64 |
Martin ratioReturn relative to average drawdown | 7.13 | 5.14 | +1.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWBRX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 0.84 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.68 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.76 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.48 | +0.08 |
Correlation
The correlation between SWBRX and SWPPX is 0.89, 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.
Dividends
SWBRX vs. SWPPX - Dividend Comparison
SWBRX's dividend yield for the trailing twelve months is around 7.67%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWBRX Schwab Target 2010 Fund | 7.67% | 7.53% | 6.88% | 4.35% | 4.59% | 4.86% | 2.64% | 4.91% | 6.25% | 2.22% | 1.79% | 1.86% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
SWBRX vs. SWPPX - Drawdown Comparison
The maximum SWBRX drawdown since its inception was -37.52%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWBRX and SWPPX.
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Drawdown Indicators
| SWBRX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.52% | -55.06% | +17.54% |
Max Drawdown (1Y)Largest decline over 1 year | -4.65% | -12.10% | +7.45% |
Max Drawdown (5Y)Largest decline over 5 years | -22.40% | -24.51% | +2.11% |
Max Drawdown (10Y)Largest decline over 10 years | -22.40% | -33.80% | +11.40% |
Current DrawdownCurrent decline from peak | -4.17% | -8.89% | +4.72% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -10.00% | +4.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 2.49% | -1.38% |
Volatility
SWBRX vs. SWPPX - Volatility Comparison
The current volatility for Schwab Target 2010 Fund (SWBRX) is 2.27%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. This indicates that SWBRX 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.
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Volatility by Period
| SWBRX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.27% | 4.29% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.74% | 9.11% | -5.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.46% | 18.14% | -11.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.76% | 16.89% | -8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.65% | 18.19% | -10.54% |