SWORX vs. SWEGX

Last updated Jun 3, 2026

SWORX (Schwab Target 2055 Fund) and SWEGX (Schwab MarketTrack All Equity Portfolio™) are both mutual funds - SWORX is a Target Retirement Date fund managed by Charles Schwab, while SWEGX is a Diversified Portfolio fund managed by Charles Schwab. Over the past 10 years, SWORX returned 11.31%/yr vs 12.65%/yr for SWEGX. With a 0.97 correlation, they move nearly in lockstep. SWORX charges 0.00%/yr vs 0.39%/yr for SWEGX.

Performance

SWORX vs. SWEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2055 Fund (SWORX) and Schwab MarketTrack All Equity Portfolio™ (SWEGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWORX achieves a 11.40% return, which is significantly lower than SWEGX's 12.40% return. Over the past 10 years, SWORX has underperformed SWEGX with an annualized return of 11.31%, while SWEGX has yielded a comparatively higher 12.65% annualized return.

SWORX

• 1D: 0.23%
• 1M: 4.12%
• YTD: 11.40%
• 6M: 12.59%
• 1Y: 26.98%
• 3Y*: 18.82%
• 5Y*: 9.26%
• 10Y*: 11.31%

SWEGX

• 1D: 0.10%
• 1M: 3.80%
• YTD: 12.40%
• 6M: 13.51%
• 1Y: 29.14%
• 3Y*: 21.14%
• 5Y*: 11.44%
• 10Y*: 12.65%

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

SWORX vs. SWEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWORX Schwab Target 2055 Fund	11.40%	20.10%	14.04%	20.77%	-19.88%	18.22%	15.33%	25.61%	-10.25%	21.38%
SWEGX Schwab MarketTrack All Equity Portfolio™	12.40%	20.82%	13.86%	25.13%	-16.24%	22.68%	11.13%	25.55%	-9.53%	19.84%

Correlation

The correlation between SWORX and SWEGX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jan 24, 2013	0.97

The correlation between SWORX and SWEGX has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Return for Risk

SWORX vs. SWEGX — Risk / Return Rank

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

SWORX

SWORX Risk / Return Rank: 62
SWORX Sharpe Ratio Rank: 64
SWORX Sortino Ratio Rank: 59
SWORX Omega Ratio Rank: 59
SWORX Calmar Ratio Rank: 58
SWORX Martin Ratio Rank: 67

SWEGX

SWEGX Risk / Return Rank: 72
SWEGX Sharpe Ratio Rank: 74
SWEGX Sortino Ratio Rank: 68
SWEGX Omega Ratio Rank: 66
SWEGX Calmar Ratio Rank: 73
SWEGX Martin Ratio Rank: 77

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.

SWORX vs. SWEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2055 Fund (SWORX) and Schwab MarketTrack All Equity Portfolio™ (SWEGX). 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.

	SWORX	SWEGX	Difference
Sharpe ratio Return per unit of total volatility	2.35	2.51	-0.15
Sortino ratio Return per unit of downside risk	3.25	3.45	-0.20
Omega ratio Gain probability vs. loss probability	1.43	1.45	-0.03
Calmar ratio Return relative to maximum drawdown	2.95	3.33	-0.39
Martin ratio Return relative to average drawdown	13.03	14.52	-1.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWORX vs. SWEGX - Sharpe Ratio Comparison

The current SWORX Sharpe Ratio is 2.35, which is comparable to the SWEGX Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of SWORX and SWEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SWORX	SWEGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.51	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.72	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.73	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.41	+0.27

Drawdowns

SWORX vs. SWEGX - Drawdown Comparison

The maximum SWORX drawdown since its inception was -32.13%, smaller than the maximum SWEGX drawdown of -57.57%. Use the drawdown chart below to compare losses from any high point for SWORX and SWEGX.

Drawdown Indicators

	SWORX	SWEGX	Difference
Max Drawdown Largest peak-to-trough decline	-32.13%	-57.57%	+25.44%
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	-8.93%	-0.49%
Max Drawdown (3Y) Largest decline over 3 years	-15.50%	-16.19%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	-31.07%	-24.87%	-6.20%
Max Drawdown (10Y) Largest decline over 10 years	-32.13%	-36.08%	+3.95%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.53%	-10.37%	+4.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.05%	+0.08%

Volatility

SWORX vs. SWEGX - Volatility Comparison

Schwab Target 2055 Fund (SWORX) and Schwab MarketTrack All Equity Portfolio™ (SWEGX) have volatilities of 3.44% and 3.34%, 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.

Volatility by Period

	SWORX	SWEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.44%	3.34%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.37%	9.24%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	11.88%	11.98%	-0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.47%	15.87%	+0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.66%	17.31%	-0.65%

SWORX vs. SWEGX - Expense Ratio Comparison

SWORX has a 0.00% expense ratio, which is lower than SWEGX's 0.39% expense ratio.

Dividends

SWORX vs. SWEGX - Dividend Comparison

SWORX's dividend yield for the trailing twelve months is around 3.97%, less than SWEGX's 6.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWEGX Schwab MarketTrack All Equity Portfolio™	6.51%	7.32%	7.58%	6.29%	4.93%	3.90%	6.78%	6.54%	4.85%	3.49%	4.54%	11.29%
SWORX Schwab Target 2055 Fund	3.97%	4.43%	3.44%	3.31%	8.42%	5.25%	2.23%	5.15%	6.43%	2.74%	5.19%	5.85%

Frequently Asked Questions

Can I hold both SWORX and SWEGX in my portfolio?

With a correlation of 0.99, SWORX and SWEGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SWORX or SWEGX?

SWORX has higher volatility (3.44%) compared to SWEGX (3.34%). In terms of maximum drawdown, SWORX dropped -32.13% vs SWEGX's -57.57%.

Which has better risk-adjusted returns?

SWEGX currently has the higher Sharpe Ratio (2.51 vs 2.35), 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.