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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWDRX or SWERX.
Key characteristics
| SWDRX | SWERX | |
|---|---|---|
| YTD Return | 12.02% | 14.78% |
| 1Y Return | 19.20% | 22.84% |
| 3Y Return (Ann) | 2.61% | 3.50% |
| 5Y Return (Ann) | 7.27% | 8.78% |
| 10Y Return (Ann) | 6.81% | 7.89% |
| Sharpe Ratio | 2.63 | 2.53 |
| Sortino Ratio | 3.72 | 3.43 |
| Omega Ratio | 1.55 | 1.52 |
| Calmar Ratio | 2.21 | 2.54 |
| Martin Ratio | 17.75 | 17.32 |
| Ulcer Index | 1.22% | 1.47% |
| Daily Std Dev | 8.20% | 10.11% |
| Max Drawdown | -45.34% | -48.24% |
| Current Drawdown | -0.86% | -0.98% |
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.
Performance
SWDRX vs. SWERX - Performance Comparison
In the year-to-date period, SWDRX achieves a 12.02% return, which is significantly lower than SWERX's 14.78% return. Over the past 10 years, SWDRX has underperformed SWERX with an annualized return of 6.81%, while SWERX has yielded a comparatively higher 7.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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%.
Risk-Adjusted Performance
SWDRX vs. SWERX - Risk-Adjusted Performance 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.
Dividends
SWDRX vs. SWERX - Dividend Comparison
SWDRX's dividend yield for the trailing twelve months is around 2.11%, more than SWERX's 1.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWDRX Schwab Target 2030 Fund | 2.11% | 2.37% | 2.08% | 2.54% | 1.60% | 2.40% | 2.70% | 2.46% | 1.72% | 2.16% | 2.34% | 1.70% |
SWERX Schwab Target 2040 Fund | 1.79% | 2.06% | 1.88% | 2.80% | 1.32% | 2.17% | 2.74% | 2.61% | 1.64% | 2.17% | 2.43% | 1.67% |
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. For additional features, visit the drawdowns tool.
Volatility
SWDRX vs. SWERX - Volatility Comparison
The current volatility for Schwab Target 2030 Fund (SWDRX) is 2.15%, while Schwab Target 2040 Fund (SWERX) has a volatility of 2.61%. 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.