SWERX vs. VOO
Compare and contrast key facts about Schwab Target 2040 Fund (SWERX) and Vanguard S&P 500 ETF (VOO).
SWERX is managed by Charles Schwab. It was launched on Jun 30, 2005. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
SWERX vs. VOO - Performance Comparison
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SWERX vs. VOO - 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% |
VOO Vanguard S&P 500 ETF | -4.42% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, SWERX achieves a -3.60% return, which is significantly higher than VOO's -4.42% return. Over the past 10 years, SWERX has underperformed VOO with an annualized return of 9.01%, while VOO has yielded a comparatively higher 14.05% 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%
VOO
- 1D
- 2.86%
- 1M
- -5.01%
- YTD
- -4.42%
- 6M
- -1.84%
- 1Y
- 17.67%
- 3Y*
- 18.27%
- 5Y*
- 11.75%
- 10Y*
- 14.05%
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SWERX vs. VOO - Expense Ratio Comparison
SWERX has a 0.00% expense ratio, which is lower than VOO's 0.03% 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%.
Return for Risk
SWERX vs. VOO — Risk / Return Rank
SWERX
VOO
SWERX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2040 Fund (SWERX) and Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.98 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.50 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.34 | 1.53 | -0.19 |
Martin ratioReturn relative to average drawdown | 6.09 | 7.29 | -1.20 |
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 | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.98 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.70 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.78 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.83 | -0.34 |
Correlation
The correlation between SWERX and VOO is 0.95, 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. VOO - Dividend Comparison
SWERX's dividend yield for the trailing twelve months is around 7.45%, more than VOO's 1.19% 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% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
SWERX vs. VOO - Drawdown Comparison
The maximum SWERX drawdown since its inception was -48.24%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SWERX and VOO.
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Drawdown Indicators
| SWERX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.24% | -33.99% | -14.25% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -11.98% | +2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -30.40% | -24.52% | -5.88% |
Max Drawdown (10Y)Largest decline over 10 years | -30.40% | -33.99% | +3.59% |
Current DrawdownCurrent decline from peak | -8.08% | -6.29% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -3.72% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.52% | -0.45% |
Volatility
SWERX vs. VOO - Volatility Comparison
The current volatility for Schwab Target 2040 Fund (SWERX) is 4.18%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.29%. This indicates that SWERX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWERX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 5.29% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 7.52% | 9.44% | -1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.11% | 18.10% | -4.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.93% | 16.82% | -1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.81% | 17.99% | -3.18% |