SWIRX vs. TRRJX
Compare and contrast key facts about Schwab Target 2035 Fund (SWIRX) and T. Rowe Price Retirement 2035 Fund (TRRJX).
SWIRX is managed by Charles Schwab. It was launched on Mar 11, 2008. TRRJX is managed by T. Rowe Price. It was launched on Feb 27, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWIRX or TRRJX.
Key characteristics
| SWIRX | TRRJX | |
|---|---|---|
| YTD Return | 12.05% | 12.41% |
| 1Y Return | 19.80% | 20.14% |
| 3Y Return (Ann) | 3.53% | 3.59% |
| 5Y Return (Ann) | 8.42% | 9.23% |
| 10Y Return (Ann) | 7.29% | 8.20% |
| Sharpe Ratio | 2.04 | 2.03 |
| Daily Std Dev | 9.73% | 9.91% |
| Max Drawdown | -41.53% | -53.57% |
| Current Drawdown | -0.06% | -0.18% |
Correlation
The correlation between SWIRX and TRRJX is 0.97, 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.
Performance
SWIRX vs. TRRJX - Performance Comparison
The year-to-date returns for both investments are quite close, with SWIRX having a 12.05% return and TRRJX slightly higher at 12.41%. Over the past 10 years, SWIRX has underperformed TRRJX with an annualized return of 7.29%, while TRRJX has yielded a comparatively higher 8.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWIRX vs. TRRJX - Expense Ratio Comparison
SWIRX has a 0.00% expense ratio, which is lower than TRRJX's 0.59% expense ratio.
Risk-Adjusted Performance
SWIRX vs. TRRJX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2035 Fund (SWIRX) and T. Rowe Price Retirement 2035 Fund (TRRJX). 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.
Dividends
SWIRX vs. TRRJX - Dividend Comparison
SWIRX's dividend yield for the trailing twelve months is around 4.99%, more than TRRJX's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWIRX Schwab Target 2035 Fund | 4.99% | 5.59% | 7.40% | 5.81% | 2.87% | 6.33% | 7.12% | 3.37% | 5.74% | 8.16% | 6.16% | 1.63% |
TRRJX T. Rowe Price Retirement 2035 Fund | 4.17% | 4.68% | 9.67% | 6.89% | 4.80% | 5.68% | 8.55% | 3.80% | 4.36% | 5.57% | 3.66% | 2.58% |
Drawdowns
SWIRX vs. TRRJX - Drawdown Comparison
The maximum SWIRX drawdown since its inception was -41.53%, smaller than the maximum TRRJX drawdown of -53.57%. Use the drawdown chart below to compare losses from any high point for SWIRX and TRRJX. For additional features, visit the drawdowns tool.
Volatility
SWIRX vs. TRRJX - Volatility Comparison
The current volatility for Schwab Target 2035 Fund (SWIRX) is 2.18%, while T. Rowe Price Retirement 2035 Fund (TRRJX) has a volatility of 3.13%. This indicates that SWIRX experiences smaller price fluctuations and is considered to be less risky than TRRJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.