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
Returns By Period
In the year-to-date period, SWNRX achieves a 16.35% return, which is significantly lower than SPY's 26.47% return. Over the past 10 years, SWNRX has underperformed SPY with an annualized return of 8.27%, while SPY has yielded a comparatively higher 13.14% annualized return.
SWNRX
16.35%
1.48%
8.41%
23.51%
9.75%
8.27%
SPY
26.47%
3.03%
13.19%
32.65%
15.68%
13.14%
Key characteristics
| SWNRX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.11 | 2.69 |
| Sortino Ratio | 2.80 | 3.59 |
| Omega Ratio | 1.42 | 1.50 |
| Calmar Ratio | 2.55 | 3.88 |
| Martin Ratio | 13.81 | 17.47 |
| Ulcer Index | 1.70% | 1.87% |
| Daily Std Dev | 11.16% | 12.14% |
| Max Drawdown | -32.87% | -55.19% |
| Current Drawdown | -0.95% | -0.54% |
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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%.
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.
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 1.62%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWNRX Schwab Target 2050 Fund | 1.62% | 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 | 1.18% | 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 2.80%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. 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.