SWPRX vs. SWERX
Compare and contrast key facts about Schwab Target 2060 Fund (SWPRX) and Schwab Target 2040 Fund (SWERX).
SWPRX is managed by Charles Schwab. It was launched on Aug 24, 2016. SWERX is managed by Charles Schwab. It was launched on Jun 30, 2005.
Performance
SWPRX vs. SWERX - Performance Comparison
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SWPRX vs. SWERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWPRX Schwab Target 2060 Fund | -4.10% | 20.66% | 14.28% | 21.13% | -20.24% | 18.59% | 15.58% | 25.05% | -10.61% | 21.77% |
SWERX Schwab Target 2040 Fund | -3.60% | 17.71% | 12.74% | 19.06% | -18.57% | 15.65% | 14.44% | 23.01% | -9.11% | 19.74% |
Returns By Period
In the year-to-date period, SWPRX achieves a -4.10% return, which is significantly lower than SWERX's -3.60% return.
SWPRX
- 1D
- -0.35%
- 1M
- -9.09%
- YTD
- -4.10%
- 6M
- -1.28%
- 1Y
- 16.69%
- 3Y*
- 14.32%
- 5Y*
- 7.55%
- 10Y*
- —
SWERX
- 1D
- -0.21%
- 1M
- -7.72%
- YTD
- -3.60%
- 6M
- -1.12%
- 1Y
- 13.92%
- 3Y*
- 12.66%
- 5Y*
- 6.63%
- 10Y*
- 9.01%
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SWPRX vs. SWERX - Expense Ratio Comparison
SWPRX has a 0.00% expense ratio, which is lower than SWERX's 0.00% 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%.
Return for Risk
SWPRX vs. SWERX — Risk / Return Rank
SWPRX
SWERX
SWPRX vs. SWERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2060 Fund (SWPRX) and Schwab Target 2040 Fund (SWERX). 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.
| SWPRX | SWERX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.07 | -0.02 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.56 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.34 | -0.02 |
Martin ratioReturn relative to average drawdown | 6.03 | 6.09 | -0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWPRX | SWERX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.07 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.45 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.50 | +0.09 |
Correlation
The correlation between SWPRX and SWERX is 0.99, 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.
Dividends
SWPRX vs. SWERX - Dividend Comparison
SWPRX's dividend yield for the trailing twelve months is around 3.92%, less than SWERX's 7.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWPRX Schwab Target 2060 Fund | 3.92% | 3.76% | 3.11% | 3.30% | 6.08% | 4.64% | 1.79% | 4.29% | 5.07% | 2.55% | 0.00% | 0.00% |
SWERX Schwab Target 2040 Fund | 7.45% | 7.19% | 5.00% | 3.83% | 8.31% | 6.96% | 3.33% | 7.69% | 8.57% | 4.13% | 6.76% | 10.85% |
Drawdowns
SWPRX vs. SWERX - Drawdown Comparison
The maximum SWPRX drawdown since its inception was -32.94%, smaller than the maximum SWERX drawdown of -48.24%. Use the drawdown chart below to compare losses from any high point for SWPRX and SWERX.
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Drawdown Indicators
| SWPRX | SWERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.94% | -48.24% | +15.30% |
Max Drawdown (1Y)Largest decline over 1 year | -11.21% | -9.38% | -1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -30.97% | -30.40% | -0.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.40% | — |
Current DrawdownCurrent decline from peak | -9.57% | -8.08% | -1.49% |
Average DrawdownAverage peak-to-trough decline | -6.55% | -7.20% | +0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 2.07% | +0.39% |
Volatility
SWPRX vs. SWERX - Volatility Comparison
Schwab Target 2060 Fund (SWPRX) has a higher volatility of 5.09% compared to Schwab Target 2040 Fund (SWERX) at 4.18%. This indicates that SWPRX's price experiences larger fluctuations and is considered to be riskier than SWERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWPRX | SWERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.09% | 4.18% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 9.15% | 7.52% | +1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.87% | 13.11% | +2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.93% | 14.93% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 14.81% | +2.04% |