Correlation
The correlation between SWNRX and SPY 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.
SWNRX vs. SPY
Compare and contrast key facts about Schwab Target 2050 Fund (SWNRX) and SPDR S&P 500 ETF (SPY).
SWNRX is managed by Charles Schwab. It was launched on Jan 22, 2013. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWNRX or SPY.
Performance
SWNRX vs. SPY - Performance Comparison
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Key characteristics
SWNRX:
0.73
SPY:
0.70
SWNRX:
1.01
SPY:
1.02
SWNRX:
1.14
SPY:
1.15
SWNRX:
0.69
SPY:
0.68
SWNRX:
2.94
SPY:
2.57
SWNRX:
3.50%
SPY:
4.93%
SWNRX:
15.80%
SPY:
20.42%
SWNRX:
-32.87%
SPY:
-55.19%
SWNRX:
-0.51%
SPY:
-3.55%
Returns By Period
In the year-to-date period, SWNRX achieves a 4.63% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, SWNRX has underperformed SPY with an annualized return of 8.06%, while SPY has yielded a comparatively higher 12.73% annualized return.
SWNRX
4.63%
4.63%
1.29%
10.70%
10.31%
11.38%
8.06%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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SWNRX vs. SPY - Expense Ratio Comparison
SWNRX has a 0.00% expense ratio, which is lower than SPY's 0.09% 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
SWNRX vs. SPY — Risk-Adjusted Performance Rank
SWNRX
SPY
SWNRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2050 Fund (SWNRX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
SWNRX vs. SPY - Dividend Comparison
SWNRX's dividend yield for the trailing twelve months is around 3.19%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWNRX Schwab Target 2050 Fund | 3.19% | 3.33% | 3.38% | 8.27% | 5.97% | 2.35% | 4.95% | 6.56% | 2.75% | 5.33% | 5.80% | 3.68% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SWNRX vs. SPY - Drawdown Comparison
The maximum SWNRX drawdown since its inception was -32.87%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWNRX and SPY.
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Volatility
SWNRX vs. SPY - Volatility Comparison
The current volatility for Schwab Target 2050 Fund (SWNRX) is 3.35%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that SWNRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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