SWDRX vs. SPY
Compare and contrast key facts about Schwab Target 2030 Fund (SWDRX) and State Street SPDR S&P 500 ETF (SPY).
SWDRX is managed by Charles Schwab. It was launched on Jun 30, 2005. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
SWDRX vs. SPY - Performance Comparison
Loading graphics...
SWDRX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWDRX Schwab Target 2030 Fund | -2.75% | 14.87% | 10.52% | 16.38% | -17.00% | 12.52% | 13.49% | 20.41% | -7.20% | 17.55% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, SWDRX achieves a -2.75% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, SWDRX has underperformed SPY with an annualized return of 7.79%, while SPY has yielded a comparatively higher 13.98% annualized return.
SWDRX
- 1D
- 0.06%
- 1M
- -6.06%
- YTD
- -2.75%
- 6M
- -0.71%
- 1Y
- 11.29%
- 3Y*
- 10.72%
- 5Y*
- 5.49%
- 10Y*
- 7.79%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWDRX vs. SPY - Expense Ratio Comparison
SWDRX has a 0.00% expense ratio, which is lower than SPY's 0.09% 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
SWDRX vs. SPY — Risk / Return Rank
SWDRX
SPY
SWDRX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2030 Fund (SWDRX) and State Street SPDR S&P 500 ETF (SPY). 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.
| SWDRX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 0.93 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.64 | 1.45 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.53 | -0.08 |
Martin ratioReturn relative to average drawdown | 6.49 | 7.30 | -0.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWDRX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 0.93 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.69 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.78 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.56 | -0.05 |
Correlation
The correlation between SWDRX and SPY is 0.94, 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
SWDRX vs. SPY - Dividend Comparison
SWDRX's dividend yield for the trailing twelve months is around 8.54%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWDRX Schwab Target 2030 Fund | 8.54% | 8.31% | 6.37% | 4.28% | 6.77% | 6.92% | 3.23% | 6.60% | 7.03% | 4.86% | 5.87% | 9.35% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
SWDRX vs. SPY - Drawdown Comparison
The maximum SWDRX drawdown since its inception was -45.34%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWDRX and SPY.
Loading graphics...
Drawdown Indicators
| SWDRX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.34% | -55.19% | +9.85% |
Max Drawdown (1Y)Largest decline over 1 year | -7.27% | -12.05% | +4.78% |
Max Drawdown (5Y)Largest decline over 5 years | -28.17% | -24.50% | -3.67% |
Max Drawdown (10Y)Largest decline over 10 years | -28.17% | -33.72% | +5.55% |
Current DrawdownCurrent decline from peak | -6.22% | -6.24% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -6.53% | -9.09% | +2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 2.52% | -0.90% |
Volatility
SWDRX vs. SPY - Volatility Comparison
The current volatility for Schwab Target 2030 Fund (SWDRX) is 3.28%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.31%. This indicates that SWDRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWDRX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 5.31% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 5.75% | 9.47% | -3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.03% | 19.05% | -9.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.55% | 17.06% | -4.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.25% | 17.92% | -5.67% |