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SWIRX vs. QQQ
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Risk-Adjusted Performance
Dividends
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Volatility

Performance

SWIRX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2035 Fund (SWIRX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.29%
10.75%
SWIRX
QQQ

Returns By Period

In the year-to-date period, SWIRX achieves a 12.93% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, SWIRX has underperformed QQQ with an annualized return of 3.66%, while QQQ has yielded a comparatively higher 18.08% annualized return.


SWIRX

YTD

12.93%

1M

-0.33%

6M

6.29%

1Y

18.18%

5Y (annualized)

4.80%

10Y (annualized)

3.66%

QQQ

YTD

23.40%

1M

1.56%

6M

10.75%

1Y

30.41%

5Y (annualized)

20.90%

10Y (annualized)

18.08%

Key characteristics


SWIRXQQQ
Sharpe Ratio1.991.71
Sortino Ratio2.812.29
Omega Ratio1.361.31
Calmar Ratio1.072.19
Martin Ratio11.977.95
Ulcer Index1.49%3.73%
Daily Std Dev9.00%17.38%
Max Drawdown-41.52%-82.98%
Current Drawdown-1.51%-2.13%

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SWIRX vs. QQQ - Expense Ratio Comparison

SWIRX has a 0.00% expense ratio, which is lower than QQQ's 0.20% 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%.


QQQ
Invesco QQQ
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for SWIRX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between SWIRX and QQQ is 0.86, 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.

Risk-Adjusted Performance

SWIRX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2035 Fund (SWIRX) and Invesco QQQ (QQQ). 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.


Sharpe ratio
The chart of Sharpe ratio for SWIRX, currently valued at 1.99, compared to the broader market-1.000.001.002.003.004.005.001.991.71
The chart of Sortino ratio for SWIRX, currently valued at 2.81, compared to the broader market0.005.0010.002.812.29
The chart of Omega ratio for SWIRX, currently valued at 1.36, compared to the broader market1.002.003.004.001.361.31
The chart of Calmar ratio for SWIRX, currently valued at 1.07, compared to the broader market0.005.0010.0015.0020.0025.001.072.19
The chart of Martin ratio for SWIRX, currently valued at 11.97, compared to the broader market0.0020.0040.0060.0080.00100.0011.977.95
SWIRX
QQQ

The current SWIRX Sharpe Ratio is 1.99, which is comparable to the QQQ Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of SWIRX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.99
1.71
SWIRX
QQQ

Dividends

SWIRX vs. QQQ - Dividend Comparison

SWIRX's dividend yield for the trailing twelve months is around 1.92%, more than QQQ's 0.60% yield.


TTM20232022202120202019201820172016201520142013
SWIRX
Schwab Target 2035 Fund
1.92%2.17%1.94%2.64%1.45%2.25%2.70%2.50%1.66%2.08%2.41%1.63%
QQQ
Invesco QQQ
0.60%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

SWIRX vs. QQQ - Drawdown Comparison

The maximum SWIRX drawdown since its inception was -41.52%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SWIRX and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.51%
-2.13%
SWIRX
QQQ

Volatility

SWIRX vs. QQQ - Volatility Comparison

The current volatility for Schwab Target 2035 Fund (SWIRX) is 2.29%, while Invesco QQQ (QQQ) has a volatility of 5.66%. This indicates that SWIRX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.29%
5.66%
SWIRX
QQQ