SWERX vs. SWLSX
Compare and contrast key facts about Schwab Target 2040 Fund (SWERX) and Schwab Large-Cap Growth Fund™ (SWLSX).
SWERX is managed by Charles Schwab. It was launched on Jun 30, 2005. SWLSX is managed by Charles Schwab. It was launched on Oct 3, 2005.
Performance
SWERX vs. SWLSX - Performance Comparison
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SWERX vs. SWLSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWERX Schwab Target 2040 Fund | -3.60% | 17.71% | 12.74% | 19.06% | -18.57% | 15.65% | 14.44% | 23.01% | -9.11% | 20.48% |
SWLSX Schwab Large-Cap Growth Fund™ | -12.73% | 19.69% | 29.41% | 38.27% | -27.00% | 29.03% | 29.03% | 31.02% | -7.93% | 29.01% |
Returns By Period
In the year-to-date period, SWERX achieves a -3.60% return, which is significantly higher than SWLSX's -12.73% return. Over the past 10 years, SWERX has underperformed SWLSX with an annualized return of 9.01%, while SWLSX has yielded a comparatively higher 14.02% annualized return.
SWERX
- 1D
- -0.21%
- 1M
- -7.72%
- YTD
- -3.60%
- 6M
- -1.12%
- 1Y
- 13.92%
- 3Y*
- 12.66%
- 5Y*
- 6.63%
- 10Y*
- 9.01%
SWLSX
- 1D
- -0.72%
- 1M
- -8.75%
- YTD
- -12.73%
- 6M
- -11.11%
- 1Y
- 15.36%
- 3Y*
- 18.28%
- 5Y*
- 11.53%
- 10Y*
- 14.02%
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SWERX vs. SWLSX - Expense Ratio Comparison
SWERX has a 0.00% expense ratio, which is lower than SWLSX's 0.99% expense ratio.
Return for Risk
SWERX vs. SWLSX — Risk / Return Rank
SWERX
SWLSX
SWERX vs. SWLSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2040 Fund (SWERX) and Schwab Large-Cap Growth Fund™ (SWLSX). 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 | SWLSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.69 | +0.38 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.14 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.16 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.34 | 0.78 | +0.57 |
Martin ratioReturn relative to average drawdown | 6.09 | 2.74 | +3.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWERX | SWLSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.69 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.55 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.68 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.51 | -0.02 |
Correlation
The correlation between SWERX and SWLSX is 0.91, 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. SWLSX - Dividend Comparison
SWERX's dividend yield for the trailing twelve months is around 7.45%, more than SWLSX's 1.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWERX Schwab Target 2040 Fund | 7.45% | 7.19% | 5.00% | 3.83% | 8.31% | 6.96% | 3.33% | 7.69% | 8.57% | 4.13% | 6.76% | 10.85% |
SWLSX Schwab Large-Cap Growth Fund™ | 1.34% | 1.17% | 0.11% | 0.04% | 2.07% | 7.77% | 1.07% | 5.32% | 12.35% | 7.92% | 4.46% | 17.08% |
Drawdowns
SWERX vs. SWLSX - Drawdown Comparison
The maximum SWERX drawdown since its inception was -48.24%, roughly equal to the maximum SWLSX drawdown of -49.89%. Use the drawdown chart below to compare losses from any high point for SWERX and SWLSX.
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Drawdown Indicators
| SWERX | SWLSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.24% | -49.89% | +1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -16.17% | +6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -30.40% | -31.32% | +0.92% |
Max Drawdown (10Y)Largest decline over 10 years | -30.40% | -31.32% | +0.92% |
Current DrawdownCurrent decline from peak | -8.08% | -16.17% | +8.09% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -7.98% | +0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 4.57% | -2.50% |
Volatility
SWERX vs. SWLSX - Volatility Comparison
The current volatility for Schwab Target 2040 Fund (SWERX) is 4.18%, while Schwab Large-Cap Growth Fund™ (SWLSX) has a volatility of 5.73%. This indicates that SWERX experiences smaller price fluctuations and is considered to be less risky than SWLSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWERX | SWLSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 5.73% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 7.52% | 12.41% | -4.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.11% | 22.60% | -9.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.93% | 20.97% | -6.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.81% | 20.76% | -5.95% |