SWDRX vs. SWERX
Compare and contrast key facts about Schwab Target 2030 Fund (SWDRX) and Schwab Target 2040 Fund (SWERX).
SWDRX is managed by Charles Schwab. It was launched on Jun 30, 2005. SWERX is managed by Charles Schwab. It was launched on Jun 30, 2005.
Performance
SWDRX vs. SWERX - Performance Comparison
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SWDRX vs. SWERX - 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% |
SWERX Schwab Target 2040 Fund | -3.60% | 17.71% | 12.74% | 19.06% | -18.57% | 15.65% | 14.44% | 23.01% | -9.11% | 20.48% |
Returns By Period
In the year-to-date period, SWDRX achieves a -2.75% return, which is significantly higher than SWERX's -3.60% return. Over the past 10 years, SWDRX has underperformed SWERX with an annualized return of 7.79%, while SWERX has yielded a comparatively higher 9.01% 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%
SWERX
- 1D
- -0.21%
- 1M
- -7.72%
- YTD
- -3.60%
- 6M
- -1.12%
- 1Y
- 13.92%
- 3Y*
- 12.66%
- 5Y*
- 6.63%
- 10Y*
- 9.01%
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SWDRX vs. SWERX - Expense Ratio Comparison
SWDRX has a 0.00% expense ratio, which is lower than SWERX's 0.00% 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. SWERX — Risk / Return Rank
SWDRX
SWERX
SWDRX vs. SWERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2030 Fund (SWDRX) and Schwab Target 2040 Fund (SWERX). 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 | SWERX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.07 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.64 | 1.56 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.34 | +0.11 |
Martin ratioReturn relative to average drawdown | 6.49 | 6.09 | +0.40 |
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
| SWDRX | SWERX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 1.07 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.45 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.61 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.50 | +0.02 |
Correlation
The correlation between SWDRX and SWERX is 0.99, 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. SWERX - Dividend Comparison
SWDRX's dividend yield for the trailing twelve months is around 8.54%, more than SWERX's 7.45% 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% |
SWERX Schwab Target 2040 Fund | 7.45% | 7.19% | 5.00% | 3.83% | 8.31% | 6.96% | 3.33% | 7.69% | 8.57% | 4.13% | 6.76% | 10.85% |
Drawdowns
SWDRX vs. SWERX - Drawdown Comparison
The maximum SWDRX drawdown since its inception was -45.34%, smaller than the maximum SWERX drawdown of -48.24%. Use the drawdown chart below to compare losses from any high point for SWDRX and SWERX.
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Drawdown Indicators
| SWDRX | SWERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.34% | -48.24% | +2.90% |
Max Drawdown (1Y)Largest decline over 1 year | -7.27% | -9.38% | +2.11% |
Max Drawdown (5Y)Largest decline over 5 years | -28.17% | -30.40% | +2.23% |
Max Drawdown (10Y)Largest decline over 10 years | -28.17% | -30.40% | +2.23% |
Current DrawdownCurrent decline from peak | -6.22% | -8.08% | +1.86% |
Average DrawdownAverage peak-to-trough decline | -6.53% | -7.20% | +0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 2.07% | -0.45% |
Volatility
SWDRX vs. SWERX - Volatility Comparison
The current volatility for Schwab Target 2030 Fund (SWDRX) is 3.28%, while Schwab Target 2040 Fund (SWERX) has a volatility of 4.18%. This indicates that SWDRX experiences smaller price fluctuations and is considered to be less risky than SWERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWDRX | SWERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 4.18% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 5.75% | 7.52% | -1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.03% | 13.11% | -3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.55% | 14.93% | -2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.25% | 14.81% | -2.56% |