SWMRX vs. VTIVX
Compare and contrast key facts about Schwab Target 2045 Fund (SWMRX) and Vanguard Target Retirement 2045 Fund (VTIVX).
SWMRX is managed by Charles Schwab. It was launched on Jan 22, 2013. VTIVX is managed by Vanguard. It was launched on Oct 27, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWMRX or VTIVX.
Performance
SWMRX vs. VTIVX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with SWMRX having a 15.19% return and VTIVX slightly higher at 15.23%. Over the past 10 years, SWMRX has underperformed VTIVX with an annualized return of 8.00%, while VTIVX has yielded a comparatively higher 8.58% annualized return.
SWMRX
15.19%
0.17%
7.75%
22.09%
9.28%
8.00%
VTIVX
15.23%
0.10%
7.83%
21.65%
9.81%
8.58%
Key characteristics
| SWMRX | VTIVX | |
|---|---|---|
| Sharpe Ratio | 2.12 | 2.22 |
| Sortino Ratio | 2.85 | 3.08 |
| Omega Ratio | 1.43 | 1.40 |
| Calmar Ratio | 2.44 | 3.02 |
| Martin Ratio | 13.96 | 14.33 |
| Ulcer Index | 1.61% | 1.53% |
| Daily Std Dev | 10.60% | 9.91% |
| Max Drawdown | -31.74% | -51.69% |
| Current Drawdown | -1.36% | -1.22% |
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SWMRX vs. VTIVX - Expense Ratio Comparison
SWMRX has a 0.00% expense ratio, which is lower than VTIVX'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 VTIVX 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. VTIVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2045 Fund (SWMRX) and Vanguard Target Retirement 2045 Fund (VTIVX). 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. VTIVX - Dividend Comparison
SWMRX's dividend yield for the trailing twelve months is around 1.68%, less than VTIVX's 1.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMRX Schwab Target 2045 Fund | 1.68% | 1.94% | 1.77% | 2.86% | 1.16% | 2.00% | 2.64% | 2.55% | 1.52% | 1.96% | 2.38% | 1.50% |
VTIVX Vanguard Target Retirement 2045 Fund | 1.98% | 2.28% | 2.13% | 2.22% | 1.60% | 2.23% | 2.39% | 1.90% | 1.99% | 2.17% | 2.05% | 1.88% |
Drawdowns
SWMRX vs. VTIVX - Drawdown Comparison
The maximum SWMRX drawdown since its inception was -31.74%, smaller than the maximum VTIVX drawdown of -51.69%. Use the drawdown chart below to compare losses from any high point for SWMRX and VTIVX. For additional features, visit the drawdowns tool.
Volatility
SWMRX vs. VTIVX - Volatility Comparison
Schwab Target 2045 Fund (SWMRX) and Vanguard Target Retirement 2045 Fund (VTIVX) have volatilities of 2.64% and 2.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.