Correlation
The correlation between SWIRX and SPY 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.
SWIRX vs. SPY
Compare and contrast key facts about Schwab Target 2035 Fund (SWIRX) and SPDR S&P 500 ETF (SPY).
SWIRX is managed by Charles Schwab. It was launched on Mar 11, 2008. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWIRX or SPY.
Performance
SWIRX vs. SPY - Performance Comparison
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Key characteristics
SWIRX:
0.72
SPY:
0.67
SWIRX:
0.95
SPY:
1.03
SWIRX:
1.13
SPY:
1.15
SWIRX:
0.63
SPY:
0.69
SWIRX:
2.47
SPY:
2.61
SWIRX:
3.20%
SPY:
4.92%
SWIRX:
12.59%
SPY:
20.44%
SWIRX:
-41.52%
SPY:
-55.19%
SWIRX:
-1.09%
SPY:
-3.44%
Returns By Period
In the year-to-date period, SWIRX achieves a 4.17% return, which is significantly higher than SPY's 0.98% return. Over the past 10 years, SWIRX has underperformed SPY with an annualized return of 3.76%, while SPY has yielded a comparatively higher 12.73% annualized return.
SWIRX
4.17%
3.80%
0.16%
8.93%
5.81%
6.54%
3.76%
SPY
0.98%
6.45%
-0.84%
13.58%
14.08%
15.83%
12.73%
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SWIRX vs. SPY - Expense Ratio Comparison
SWIRX has a 0.00% expense ratio, which is lower than SPY's 0.09% 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%.
Risk-Adjusted Performance
SWIRX vs. SPY — Risk-Adjusted Performance Rank
SWIRX
SPY
SWIRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2035 Fund (SWIRX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
SWIRX vs. SPY - Dividend Comparison
SWIRX's dividend yield for the trailing twelve months is around 3.80%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWIRX Schwab Target 2035 Fund | 3.80% | 3.96% | 3.43% | 7.40% | 5.81% | 2.88% | 6.32% | 7.12% | 3.37% | 5.74% | 8.16% | 6.16% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SWIRX vs. SPY - Drawdown Comparison
The maximum SWIRX drawdown since its inception was -41.52%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWIRX and SPY.
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Volatility
SWIRX vs. SPY - Volatility Comparison
The current volatility for Schwab Target 2035 Fund (SWIRX) is 2.72%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.85%. This indicates that SWIRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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