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SWDRX vs. SWVXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SWDRX vs. SWVXX

Last updated Jun 4, 2026

SWDRX (Schwab Target 2030 Fund) and SWVXX (Schwab Value Advantage Money Fund) are both mutual funds - SWDRX is a Target Retirement Date fund managed by Charles Schwab, while SWVXX is a Money Market fund actively managed by Charles Schwab. Over the past 5 years, SWDRX returned 6.53%/yr vs 3.14%/yr for SWVXX. At a correlation of -0.01, they often move in opposite directions. SWDRX charges 0.00%/yr vs 0.34%/yr for SWVXX.

Performance

SWDRX vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2030 Fund (SWDRX) and Schwab Value Advantage Money Fund (SWVXX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SWDRX achieves a 6.68% return, which is significantly higher than SWVXX's 1.45% return.

SWDRX

1D
0.11%
1M
2.88%
YTD
6.68%
6M
7.03%
1Y
17.43%
3Y*
13.55%
5Y*
6.53%
10Y*
8.61%

SWVXX

1D
0.00%
1M
0.29%
YTD
1.45%
6M
1.77%
1Y
3.85%
3Y*
4.71%
5Y*
3.14%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SWDRX vs. SWVXX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SWDRX
Schwab Target 2030 Fund		6.68%14.87%10.52%16.38%-17.00%5.43%
SWVXX
Schwab Value Advantage Money Fund		1.45%4.15%5.16%5.04%0.00%0.00%

Correlation

The correlation between SWDRX and SWVXX is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.00

Correlation (3Y)
Calculated over the trailing 3-year period

-0.01

Correlation (5Y)
Calculated over the trailing 5-year period

-0.01

Correlation (All Time)
Calculated using the full available price history since May 26, 2021

-0.01

Compare stocks, funds, or ETFs

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Schwab Target 2030 Fund

Schwab Value Advantage Money Fund

Often compared with SWDRX:
SWDRX vs. SWYEXSWDRX vs. VTHRXSWDRX vs. SWPPXSWDRX vs. SWERXSWDRX vs. SWIRXSWDRX vs. SWTSXSWDRX vs. SCHG
Often compared with SWVXX:
SWVXX vs. SGOVSWVXX vs. VMFXXSWVXX vs. SNSXXSWVXX vs. SPAXXSWVXX vs. SHVSWVXX vs. BILSWVXX vs. SWAGX

Return for Risk

SWDRX vs. SWVXX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SWDRX
SWDRX Risk / Return Rank: 5959
Overall Rank
SWDRX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
SWDRX Sortino Ratio Rank: 6060
Sortino Ratio Rank
SWDRX Omega Ratio Rank: 5959
Omega Ratio Rank
SWDRX Calmar Ratio Rank: 5454
Calmar Ratio Rank
SWDRX Martin Ratio Rank: 6363
Martin Ratio Rank
SWVXX
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWDRX vs. SWVXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2030 Fund (SWDRX) and Schwab Value Advantage Money Fund (SWVXX). 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.

SWDRXSWVXXDifference

Sharpe ratio

Return per unit of total volatility

2.28

3.71

-1.42

Sortino ratio

Return per unit of downside risk

3.26

—

—

Omega ratio

Gain probability vs. loss probability

1.43

—

—

Calmar ratio

Return relative to maximum drawdown

2.81

—

—

Martin ratio

Return relative to average drawdown

12.35

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWDRX vs. SWVXX - Sharpe Ratio Comparison

The current SWDRX Sharpe Ratio is 2.28, which is lower than the SWVXX Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of SWDRX and SWVXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SWDRXSWVXXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.28

3.71

-1.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

2.95

-2.43

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

2.94

-2.40

Drawdowns

SWDRX vs. SWVXX - Drawdown Comparison

The maximum SWDRX drawdown since its inception was -45.34%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SWDRX and SWVXX.

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Drawdown Indicators

SWDRXSWVXXDifference

Max Drawdown

Largest peak-to-trough decline

-45.34%

0.00%

-45.34%

Max Drawdown (1Y)

Largest decline over 1 year

-6.27%

0.00%

-6.27%

Max Drawdown (3Y)

Largest decline over 3 years

-9.71%

0.00%

-9.71%

Max Drawdown (5Y)

Largest decline over 5 years

-28.17%

0.00%

-28.17%

Max Drawdown (10Y)

Largest decline over 10 years

-28.17%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-6.48%

0.00%

-6.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.43%

0.00%

+1.43%

Volatility

SWDRX vs. SWVXX - Volatility Comparison

Schwab Target 2030 Fund (SWDRX) has a higher volatility of 2.35% compared to Schwab Value Advantage Money Fund (SWVXX) at 0.29%. This indicates that SWDRX's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SWDRXSWVXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.35%

0.29%

+2.06%

Volatility (6M)

Calculated over the trailing 6-month period

6.11%

0.76%

+5.35%

Volatility (1Y)

Calculated over the trailing 1-year period

7.73%

1.10%

+6.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.58%

1.09%

+11.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.27%

1.09%

+11.18%

SWDRX vs. SWVXX - Expense Ratio Comparison

SWDRX has a 0.00% expense ratio, which is lower than SWVXX's 0.34% expense ratio.

Dividends

SWDRX vs. SWVXX - Dividend Comparison

SWDRX's dividend yield for the trailing twelve months is around 7.79%, more than SWVXX's 3.77% yield.

PositionTTM20252024202320222021202020192018201720162015
SWDRX
Schwab Target 2030 Fund		7.79%8.31%6.37%4.28%6.77%6.92%3.23%6.60%7.03%4.86%5.87%9.35%
SWVXX
Schwab Value Advantage Money Fund		3.77%4.06%5.02%4.91%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SWDRX and SWVXX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SWDRX has higher volatility (2.35%) compared to SWVXX (0.29%). In terms of maximum drawdown, SWDRX dropped -45.34% vs SWVXX's 0.00%.

SWVXX currently has the higher Sharpe Ratio (3.71 vs 2.28), 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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