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 0.94, 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:
2.21
SWNRX:
1.95
SPY:
2.93
SWNRX:
1.30
SPY:
1.41
SWNRX:
2.22
SPY:
3.26
SWNRX:
9.37
SPY:
14.43
SWNRX:
1.76%
SPY:
1.90%
SWNRX:
11.33%
SPY:
12.41%
SWNRX:
-32.87%
SPY:
-55.19%
SWNRX:
-3.53%
SPY:
-2.74%
Returns By Period
In the year-to-date period, SWNRX achieves a 14.39% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, SWNRX has underperformed SPY with an annualized return of 8.09%, while SPY has yielded a comparatively higher 12.97% annualized return.
SWNRX
14.39%
-1.24%
4.92%
15.08%
8.61%
8.09%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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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 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 1.65%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWNRX Schwab Target 2050 Fund | 1.65% | 1.89% | 1.76% | 2.99% | 1.07% | 1.94% | 2.62% | 2.58% | 1.49% | 1.95% | 2.38% | 1.51% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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. For additional features, visit the drawdowns tool.
Volatility
SWNRX vs. SPY - Volatility Comparison
The current volatility for Schwab Target 2050 Fund (SWNRX) is 3.39%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. 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.