SWMRX vs. SWPPX
Compare and contrast key facts about Schwab Target 2045 Fund (SWMRX) and Schwab S&P 500 Index Fund (SWPPX).
SWMRX is managed by Charles Schwab. It was launched on Jan 22, 2013. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWMRX or SWPPX.
Correlation
The correlation between SWMRX and SWPPX 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.
Performance
SWMRX vs. SWPPX - Performance Comparison
Key characteristics
SWMRX:
0.31
SWPPX:
0.31
SWMRX:
0.53
SWPPX:
0.57
SWMRX:
1.07
SWPPX:
1.08
SWMRX:
0.32
SWPPX:
0.32
SWMRX:
1.43
SWPPX:
1.42
SWMRX:
3.20%
SWPPX:
4.19%
SWMRX:
14.79%
SWPPX:
18.99%
SWMRX:
-32.28%
SWPPX:
-55.06%
SWMRX:
-8.95%
SWPPX:
-13.83%
Returns By Period
In the year-to-date period, SWMRX achieves a -4.16% return, which is significantly higher than SWPPX's -9.84% return. Over the past 10 years, SWMRX has underperformed SWPPX with an annualized return of 4.13%, while SWPPX has yielded a comparatively higher 11.41% annualized return.
SWMRX
-4.16%
-5.30%
-7.39%
5.11%
7.91%
4.13%
SWPPX
-9.84%
-6.83%
-9.34%
6.81%
14.70%
11.41%
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SWMRX vs. SWPPX - Expense Ratio Comparison
SWMRX has a 0.00% expense ratio, which is lower than SWPPX's 0.02% 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
SWMRX vs. SWPPX — Risk-Adjusted Performance Rank
SWMRX
SWPPX
SWMRX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2045 Fund (SWMRX) and Schwab S&P 500 Index Fund (SWPPX). 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
SWMRX vs. SWPPX - Dividend Comparison
SWMRX's dividend yield for the trailing twelve months is around 2.06%, more than SWPPX's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMRX Schwab Target 2045 Fund | 2.06% | 1.97% | 1.94% | 1.77% | 2.86% | 1.16% | 2.00% | 2.64% | 2.55% | 1.52% | 1.96% | 2.38% |
SWPPX Schwab S&P 500 Index Fund | 1.36% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
SWMRX vs. SWPPX - Drawdown Comparison
The maximum SWMRX drawdown since its inception was -32.28%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWMRX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
SWMRX vs. SWPPX - Volatility Comparison
The current volatility for Schwab Target 2045 Fund (SWMRX) is 10.05%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 13.58%. This indicates that SWMRX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.