SWHGX vs. AOA
SWHGX (Schwab MarketTrack Growth Portfolio™) and AOA (iShares Core 80/20 Aggressive Allocation ETF) are both Diversified Portfolio funds. Over the past 10 years, SWHGX returned 10.36%/yr vs 10.53%/yr for AOA. Their correlation of 0.94 suggests significant overlap in exposure. SWHGX charges 0.39%/yr vs 0.15%/yr for AOA.
Performance
SWHGX vs. AOA - Performance Comparison
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Returns By Period
In the year-to-date period, SWHGX achieves a 9.58% return, which is significantly lower than AOA's 10.13% return. Both investments have delivered pretty close results over the past 10 years, with SWHGX having a 10.36% annualized return and AOA not far ahead at 10.53%.
SWHGX
- 1D
- -0.64%
- 1M
- 2.45%
- YTD
- 9.58%
- 6M
- 9.87%
- 1Y
- 23.01%
- 3Y*
- 16.56%
- 5Y*
- 8.71%
- 10Y*
- 10.36%
AOA
- 1D
- 0.18%
- 1M
- 3.39%
- YTD
- 10.13%
- 6M
- 10.89%
- 1Y
- 24.17%
- 3Y*
- 17.70%
- 5Y*
- 9.19%
- 10Y*
- 10.53%
SWHGX vs. AOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWHGX Schwab MarketTrack Growth Portfolio™ | 9.58% | 17.49% | 11.76% | 18.22% | -15.06% | 18.09% | 11.02% | 22.23% | -7.19% | 16.11% |
AOA iShares Core 80/20 Aggressive Allocation ETF | 10.13% | 19.59% | 13.55% | 18.27% | -16.23% | 15.42% | 12.82% | 22.60% | -7.86% | 20.05% |
Correlation
The correlation between SWHGX and AOA is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2008 | 0.94 |
The correlation between SWHGX and AOA has been stable across timeframes, ranging from 0.94 to 0.98 - a consistent structural relationship.
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Return for Risk
SWHGX vs. AOA — Risk / Return Rank
SWHGX
AOA
SWHGX vs. AOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack Growth Portfolio™ (SWHGX) and iShares Core 80/20 Aggressive Allocation ETF (AOA). 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.
| SWHGX | AOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.42 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 2.96 | +0.20 |
| Martin ratioReturn relative to average drawdown | 13.81 | 13.13 | +0.68 |
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
| SWHGX | AOA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.38 | 2.28 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.71 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.78 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.69 | -0.17 |
Drawdowns
SWHGX vs. AOA - Drawdown Comparison
The maximum SWHGX drawdown since its inception was -49.19%, which is greater than AOA's maximum drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for SWHGX and AOA.
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Drawdown Indicators
| SWHGX | AOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.19% | -28.38% | -20.81% |
Max Drawdown (1Y)Largest decline over 1 year | -7.38% | -8.20% | +0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -13.15% | -12.94% | -0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -25.63% | -23.62% | -2.01% |
Max Drawdown (10Y)Largest decline over 10 years | -29.77% | -28.38% | -1.39% |
Current DrawdownCurrent decline from peak | -0.64% | -0.31% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -7.18% | -4.05% | -3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.85% | -0.17% |
Volatility
SWHGX vs. AOA - Volatility Comparison
The current volatility for Schwab MarketTrack Growth Portfolio™ (SWHGX) is 2.86%, while iShares Core 80/20 Aggressive Allocation ETF (AOA) has a volatility of 3.16%. This indicates that SWHGX experiences smaller price fluctuations and is considered to be less risky than AOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWHGX | AOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 3.16% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 8.51% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.80% | 10.63% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.55% | 12.97% | +0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.25% | 13.54% | +0.71% |
SWHGX vs. AOA - Expense Ratio Comparison
SWHGX has a 0.39% expense ratio, which is higher than AOA's 0.15% expense ratio.
Dividends
SWHGX vs. AOA - Dividend Comparison
SWHGX's dividend yield for the trailing twelve months is around 8.75%, more than AOA's 2.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOA iShares Core 80/20 Aggressive Allocation ETF | 2.04% | 2.18% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.26% | 2.15% |
SWHGX Schwab MarketTrack Growth Portfolio™ | 8.75% | 9.59% | 11.68% | 4.00% | 4.53% | 5.04% | 8.15% | 5.76% | 5.76% | 4.87% | 3.73% | 14.80% |
Frequently Asked Questions
With a correlation of 0.98, SWHGX and AOA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AOA has higher volatility (3.16%) compared to SWHGX (2.86%). In terms of maximum drawdown, SWHGX dropped -49.19% vs AOA's -28.38%.
SWHGX currently has the higher Sharpe Ratio (2.38 vs 2.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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