SWERX vs. SWDSX
Compare and contrast key facts about Schwab Target 2040 Fund (SWERX) and Schwab Dividend Equity Fund™ (SWDSX).
SWERX is managed by Charles Schwab. It was launched on Jun 30, 2005. SWDSX is managed by Charles Schwab. It was launched on Sep 2, 2003.
Performance
SWERX vs. SWDSX - Performance Comparison
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SWERX vs. SWDSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWERX Schwab Target 2040 Fund | -1.37% | 17.71% | 12.74% | 19.06% | -18.57% | 15.65% | 14.44% | 23.01% | -9.11% | 20.48% |
SWDSX Schwab Dividend Equity Fund™ | 1.45% | 12.31% | 17.06% | 6.92% | -5.84% | 28.24% | -4.33% | 24.32% | -12.18% | 15.40% |
Returns By Period
In the year-to-date period, SWERX achieves a -1.37% return, which is significantly lower than SWDSX's 1.45% return. Both investments have delivered pretty close results over the past 10 years, with SWERX having a 9.26% annualized return and SWDSX not far behind at 8.85%.
SWERX
- 1D
- 2.31%
- 1M
- -5.21%
- YTD
- -1.37%
- 6M
- 0.77%
- 1Y
- 16.23%
- 3Y*
- 13.52%
- 5Y*
- 6.87%
- 10Y*
- 9.26%
SWDSX
- 1D
- 1.00%
- 1M
- -4.41%
- YTD
- 1.45%
- 6M
- 1.28%
- 1Y
- 10.68%
- 3Y*
- 13.14%
- 5Y*
- 8.88%
- 10Y*
- 8.85%
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SWERX vs. SWDSX - Expense Ratio Comparison
SWERX has a 0.00% expense ratio, which is lower than SWDSX's 0.89% expense ratio.
Return for Risk
SWERX vs. SWDSX — Risk / Return Rank
SWERX
SWDSX
SWERX vs. SWDSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2040 Fund (SWERX) and Schwab Dividend Equity Fund™ (SWDSX). 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.
| SWERX | SWDSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 0.77 | +0.48 |
Sortino ratioReturn per unit of downside risk | 1.82 | 1.12 | +0.69 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.09 | +0.67 |
Martin ratioReturn relative to average drawdown | 7.88 | 4.90 | +2.98 |
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
| SWERX | SWDSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 0.77 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.67 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.52 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.48 | +0.03 |
Correlation
The correlation between SWERX and SWDSX is 0.90, 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
SWERX vs. SWDSX - Dividend Comparison
SWERX's dividend yield for the trailing twelve months is around 7.29%, more than SWDSX's 0.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWERX Schwab Target 2040 Fund | 7.29% | 7.19% | 5.00% | 3.83% | 8.31% | 6.96% | 3.33% | 7.69% | 8.57% | 4.13% | 6.76% | 10.85% |
SWDSX Schwab Dividend Equity Fund™ | 0.79% | 1.22% | 2.59% | 2.25% | 6.83% | 16.25% | 2.09% | 6.86% | 11.63% | 10.24% | 1.68% | 14.46% |
Drawdowns
SWERX vs. SWDSX - Drawdown Comparison
The maximum SWERX drawdown since its inception was -48.24%, roughly equal to the maximum SWDSX drawdown of -50.01%. Use the drawdown chart below to compare losses from any high point for SWERX and SWDSX.
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Drawdown Indicators
| SWERX | SWDSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.24% | -50.01% | +1.77% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -9.80% | +0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -30.40% | -17.94% | -12.46% |
Max Drawdown (10Y)Largest decline over 10 years | -30.40% | -40.20% | +9.80% |
Current DrawdownCurrent decline from peak | -5.95% | -5.06% | -0.89% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -6.82% | -0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.19% | -0.09% |
Volatility
SWERX vs. SWDSX - Volatility Comparison
Schwab Target 2040 Fund (SWERX) has a higher volatility of 4.96% compared to Schwab Dividend Equity Fund™ (SWDSX) at 2.96%. This indicates that SWERX's price experiences larger fluctuations and is considered to be riskier than SWDSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWERX | SWDSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 2.96% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 7.85% | 7.29% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.27% | 13.55% | -0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.96% | 13.27% | +1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.82% | 16.92% | -2.10% |