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.
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.
Performance
SWNRX vs. SPY - Performance Comparison
Key characteristics
SWNRX:
1.46
SPY:
2.12
SWNRX:
1.98
SPY:
2.81
SWNRX:
1.27
SPY:
1.39
SWNRX:
1.22
SPY:
3.21
SWNRX:
7.70
SPY:
13.42
SWNRX:
2.16%
SPY:
2.01%
SWNRX:
11.45%
SPY:
12.78%
SWNRX:
-33.04%
SPY:
-55.19%
SWNRX:
-1.94%
SPY:
-0.29%
Returns By Period
The year-to-date returns for both investments are quite close, with SWNRX having a 3.68% return and SPY slightly higher at 3.73%. Over the past 10 years, SWNRX has underperformed SPY with an annualized return of 5.62%, while SPY has yielded a comparatively higher 13.76% annualized return.
SWNRX
3.68%
0.50%
5.57%
15.73%
6.40%
5.62%
SPY
3.73%
1.10%
12.39%
26.33%
15.23%
13.76%
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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.
Dividends
SWNRX vs. SPY - Dividend Comparison
SWNRX's dividend yield for the trailing twelve months is around 1.80%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWNRX Schwab Target 2050 Fund | 1.80% | 1.87% | 1.89% | 1.76% | 2.99% | 1.07% | 1.94% | 2.62% | 2.58% | 1.49% | 1.95% | 2.38% |
SPY SPDR S&P 500 ETF | 1.16% | 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 -33.04%, 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. For additional features, visit the drawdowns tool.
Volatility
SWNRX vs. SPY - Volatility Comparison
Schwab Target 2050 Fund (SWNRX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.91% and 4.00%, 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.