SWERX vs. SWDRX
Compare and contrast key facts about Schwab Target 2040 Fund (SWERX) and Schwab Target 2030 Fund (SWDRX).
SWERX is managed by Charles Schwab. It was launched on Jun 30, 2005. SWDRX 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: SWERX or SWDRX.
Key characteristics
| SWERX | SWDRX | |
|---|---|---|
| YTD Return | 14.78% | 12.02% |
| 1Y Return | 22.84% | 19.20% |
| 3Y Return (Ann) | 3.50% | 2.61% |
| 5Y Return (Ann) | 8.78% | 7.27% |
| 10Y Return (Ann) | 7.89% | 6.81% |
| Sharpe Ratio | 2.53 | 2.63 |
| Sortino Ratio | 3.43 | 3.72 |
| Omega Ratio | 1.52 | 1.55 |
| Calmar Ratio | 2.54 | 2.21 |
| Martin Ratio | 17.32 | 17.75 |
| Ulcer Index | 1.47% | 1.22% |
| Daily Std Dev | 10.11% | 8.20% |
| Max Drawdown | -48.24% | -45.34% |
| Current Drawdown | -0.98% | -0.86% |
Correlation
The correlation between SWERX and SWDRX 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
SWERX vs. SWDRX - Performance Comparison
In the year-to-date period, SWERX achieves a 14.78% return, which is significantly higher than SWDRX's 12.02% return. Over the past 10 years, SWERX has outperformed SWDRX with an annualized return of 7.89%, while SWDRX has yielded a comparatively lower 6.81% annualized return. 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.
SWERX vs. SWDRX - Expense Ratio Comparison
SWERX has a 0.00% expense ratio, which is lower than SWDRX'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
SWERX vs. SWDRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2040 Fund (SWERX) and Schwab Target 2030 Fund (SWDRX). 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
SWERX vs. SWDRX - Dividend Comparison
SWERX's dividend yield for the trailing twelve months is around 1.79%, less than SWDRX's 2.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
SWERX vs. SWDRX - Drawdown Comparison
The maximum SWERX drawdown since its inception was -48.24%, which is greater than SWDRX's maximum drawdown of -45.34%. Use the drawdown chart below to compare losses from any high point for SWERX and SWDRX. For additional features, visit the drawdowns tool.
Volatility
SWERX vs. SWDRX - Volatility Comparison
Schwab Target 2040 Fund (SWERX) has a higher volatility of 2.61% compared to Schwab Target 2030 Fund (SWDRX) at 2.15%. This indicates that SWERX's price experiences larger fluctuations and is considered to be riskier than SWDRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.