SWMRX vs. VFORX
Compare and contrast key facts about Schwab Target 2045 Fund (SWMRX) and Vanguard Target Retirement 2040 Fund (VFORX).
SWMRX is managed by Charles Schwab. It was launched on Jan 22, 2013. VFORX is managed by Vanguard. It was launched on Jun 7, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWMRX or VFORX.
Performance
SWMRX vs. VFORX - Performance Comparison
Returns By Period
In the year-to-date period, SWMRX achieves a 15.72% return, which is significantly higher than VFORX's 14.25% return. Both investments have delivered pretty close results over the past 10 years, with SWMRX having a 8.05% annualized return and VFORX not far ahead at 8.12%.
SWMRX
15.72%
1.39%
8.25%
22.65%
9.37%
8.05%
VFORX
14.25%
1.10%
7.27%
20.75%
9.02%
8.12%
Key characteristics
| SWMRX | VFORX | |
|---|---|---|
| Sharpe Ratio | 2.14 | 2.14 |
| Sortino Ratio | 2.86 | 3.01 |
| Omega Ratio | 1.43 | 1.40 |
| Calmar Ratio | 2.49 | 2.75 |
| Martin Ratio | 14.04 | 13.20 |
| Ulcer Index | 1.61% | 1.57% |
| Daily Std Dev | 10.61% | 9.71% |
| Max Drawdown | -31.74% | -51.63% |
| Current Drawdown | -0.91% | -0.79% |
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SWMRX vs. VFORX - Expense Ratio Comparison
SWMRX has a 0.00% expense ratio, which is lower than VFORX's 0.08% 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%.
Correlation
The correlation between SWMRX and VFORX 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.
Risk-Adjusted Performance
SWMRX vs. VFORX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2045 Fund (SWMRX) and Vanguard Target Retirement 2040 Fund (VFORX). 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. VFORX - Dividend Comparison
SWMRX's dividend yield for the trailing twelve months is around 1.67%, less than VFORX's 2.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMRX Schwab Target 2045 Fund | 1.67% | 1.94% | 1.77% | 2.86% | 1.16% | 2.00% | 2.64% | 2.55% | 1.52% | 1.96% | 2.38% | 1.50% |
VFORX Vanguard Target Retirement 2040 Fund | 2.08% | 2.38% | 2.10% | 2.39% | 1.62% | 2.28% | 2.41% | 1.91% | 1.98% | 2.16% | 1.93% | 1.77% |
Drawdowns
SWMRX vs. VFORX - Drawdown Comparison
The maximum SWMRX drawdown since its inception was -31.74%, smaller than the maximum VFORX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for SWMRX and VFORX. For additional features, visit the drawdowns tool.
Volatility
SWMRX vs. VFORX - Volatility Comparison
Schwab Target 2045 Fund (SWMRX) has a higher volatility of 2.67% compared to Vanguard Target Retirement 2040 Fund (VFORX) at 2.44%. This indicates that SWMRX's price experiences larger fluctuations and is considered to be riskier than VFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.