SWNRX vs. MSTR

Last updated Jul 11, 2026

SWNRX (Schwab Target 2050 Fund) is Target Retirement Date fund managed by Charles Schwab, while MSTR (Strategy Inc) is a stock. Over the past 10 years, SWNRX returned 10.99%/yr vs 17.95%/yr for MSTR. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

SWNRX vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2050 Fund (SWNRX) and Strategy Inc (MSTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWNRX achieves a 10.51% return, which is significantly higher than MSTR's -37.72% return. Over the past 10 years, SWNRX has underperformed MSTR with an annualized return of 10.99%, while MSTR has yielded a comparatively higher 17.95% annualized return.

SWNRX

• 1D: 0.71%
• 1M: 0.76%
• 6M: 7.76%
• YTD: 10.51%
• 1Y: 20.87%
• 3Y*: 17.46%
• 5Y*: 8.65%
• 10Y*: 10.99%

MSTR

• 1D: 0.80%
• 1M: -23.66%
• 6M: -39.85%
• YTD: -37.72%
• 1Y: -78.22%
• 3Y*: 31.91%
• 5Y*: 8.53%
• 10Y*: 17.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWNRX vs. MSTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWNRX Schwab Target 2050 Fund	10.51%	19.56%	13.90%	20.65%	-19.60%	17.76%	15.28%	23.39%	-10.31%	22.98%
MSTR Strategy Inc	-37.72%	-47.53%	358.54%	346.15%	-74.00%	40.13%	172.42%	11.65%	-2.70%	-33.49%

Correlation

The correlation between SWNRX and MSTR is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jan 23, 2013	0.50

The correlation between SWNRX and MSTR has been stable across timeframes, ranging from 0.43 to 0.51 - a consistent structural relationship.

Return for Risk

SWNRX vs. MSTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWNRX

SWNRX Risk / Return Rank: 56
SWNRX Sharpe Ratio Rank: 56
SWNRX Sortino Ratio Rank: 53
SWNRX Omega Ratio Rank: 55
SWNRX Calmar Ratio Rank: 53
SWNRX Martin Ratio Rank: 64

MSTR

MSTR Risk / Return Rank: 5
MSTR Sharpe Ratio Rank: 5
MSTR Sortino Ratio Rank: 2
MSTR Omega Ratio Rank: 4
MSTR Calmar Ratio Rank: 4
MSTR Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWNRX vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2050 Fund (SWNRX) and Strategy Inc (MSTR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SWNRX	MSTR	Difference
Sharpe ratio: Return per unit of total volatility	1.66	-1.05	+2.71
Sortino ratio: Return per unit of downside risk	2.32	-2.27	+4.59
Omega ratio: Gain probability vs. loss probability	1.30	0.77	+0.54
Calmar ratio: Return relative to maximum drawdown	2.23	-0.95	+3.18
Martin ratio: Return relative to average drawdown	9.59	-1.36	+10.95

SWNRX vs. MSTR - Sharpe Ratio Comparison

The current SWNRX Sharpe Ratio is 1.66, which is higher than the MSTR Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of SWNRX and MSTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SWNRX vs. MSTR - Drawdown Comparison

The maximum SWNRX drawdown since its inception was -31.50%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for SWNRX and MSTR.

Drawdown Indicators

	SWNRX	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-31.50%	-99.86%	+68.36%
Max Drawdown (1Y) Largest decline over 1 year	-9.15%	-81.95%	+72.80%
Max Drawdown (3Y) Largest decline over 3 years	-15.00%	-82.63%	+67.63%
Max Drawdown (5Y) Largest decline over 5 years	-31.18%	-84.11%	+52.93%
Max Drawdown (10Y) Largest decline over 10 years	-31.50%	-89.27%	+57.77%
Current Drawdown Current decline from peak	-0.61%	-80.03%	+79.42%
Average Drawdown Average peak-to-trough decline	-5.44%	-86.43%	+80.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	56.96%	-54.83%

Volatility

SWNRX vs. MSTR - Volatility Comparison

The current volatility for Schwab Target 2050 Fund (SWNRX) is 4.31%, while Strategy Inc (MSTR) has a volatility of 26.71%. This indicates that SWNRX experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWNRX	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	26.71%	-22.40%
Volatility (6M) Calculated over the trailing 6-month period	10.19%	61.11%	-50.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.30%	74.22%	-61.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.33%	90.78%	-74.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.24%	74.21%	-57.97%

Dividends

SWNRX vs. MSTR - Dividend Comparison

SWNRX's dividend yield for the trailing twelve months is around 4.44%, while MSTR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSTR Strategy Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SWNRX Schwab Target 2050 Fund	4.44%	4.91%	3.33%	3.38%	8.27%	5.97%	2.35%	4.95%	6.51%	2.71%	5.34%	5.80%

Frequently Asked Questions

Can I hold both SWNRX and MSTR in my portfolio?

SWNRX and MSTR have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWNRX or MSTR?

MSTR has higher volatility (26.71%) compared to SWNRX (4.31%). In terms of maximum drawdown, SWNRX dropped -31.50% vs MSTR's -99.86%.

Which has better risk-adjusted returns?

SWNRX currently has the higher Sharpe Ratio (1.66 vs -1.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.