SWDRX vs. SWYEX
Compare and contrast key facts about Schwab Target 2030 Fund (SWDRX) and Schwab Target 2030 Index Fund (SWYEX).
SWDRX is managed by Charles Schwab. It was launched on Jun 30, 2005. SWYEX is managed by Schwab Funds. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWDRX or SWYEX.
Key characteristics
| SWDRX | SWYEX | |
|---|---|---|
| YTD Return | 12.28% | 12.22% |
| 1Y Return | 21.88% | 21.88% |
| 3Y Return (Ann) | 2.69% | 3.27% |
| 5Y Return (Ann) | 7.44% | 7.63% |
| Sharpe Ratio | 2.66 | 2.67 |
| Sortino Ratio | 3.75 | 3.81 |
| Omega Ratio | 1.56 | 1.56 |
| Calmar Ratio | 1.89 | 2.18 |
| Martin Ratio | 17.93 | 17.96 |
| Ulcer Index | 1.22% | 1.22% |
| Daily Std Dev | 8.20% | 8.18% |
| Max Drawdown | -45.34% | -23.92% |
| Current Drawdown | -0.63% | -0.67% |
Correlation
The correlation between SWDRX and SWYEX is 0.98, 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. SWYEX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWDRX having a 12.28% return and SWYEX slightly lower at 12.22%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. SWYEX - Expense Ratio Comparison
SWDRX has a 0.00% expense ratio, which is lower than SWYEX's 0.04% 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. SWYEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2030 Fund (SWDRX) and Schwab Target 2030 Index Fund (SWYEX). 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. SWYEX - Dividend Comparison
SWDRX's dividend yield for the trailing twelve months is around 2.11%, more than SWYEX's 2.04% 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% |
SWYEX Schwab Target 2030 Index Fund | 2.04% | 2.29% | 2.14% | 1.72% | 1.70% | 1.92% | 2.23% | 1.31% | 1.02% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWDRX vs. SWYEX - Drawdown Comparison
The maximum SWDRX drawdown since its inception was -45.34%, which is greater than SWYEX's maximum drawdown of -23.92%. Use the drawdown chart below to compare losses from any high point for SWDRX and SWYEX. For additional features, visit the drawdowns tool.
Volatility
SWDRX vs. SWYEX - Volatility Comparison
Schwab Target 2030 Fund (SWDRX) and Schwab Target 2030 Index Fund (SWYEX) have volatilities of 2.18% and 2.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.