SWQRX vs. SWPPX
Compare and contrast key facts about Schwab Target 2065 Fund (SWQRX) and Schwab S&P 500 Index Fund (SWPPX).
SWQRX is managed by Charles Schwab. It was launched on Feb 24, 2021. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWQRX or SWPPX.
Key characteristics
| SWQRX | SWPPX | |
|---|---|---|
| YTD Return | 13.57% | 19.26% |
| 1Y Return | 21.98% | 28.40% |
| 3Y Return (Ann) | 4.14% | 10.04% |
| Sharpe Ratio | 1.67 | 2.09 |
| Daily Std Dev | 12.55% | 12.78% |
| Max Drawdown | -28.26% | -55.06% |
| Current Drawdown | -0.62% | -0.37% |
Correlation
The correlation between SWQRX and SWPPX is 0.93, 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
SWQRX vs. SWPPX - Performance Comparison
In the year-to-date period, SWQRX achieves a 13.57% return, which is significantly lower than SWPPX's 19.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWQRX vs. SWPPX - Expense Ratio Comparison
SWQRX has a 0.00% expense ratio, which is lower than SWPPX's 0.02% 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
SWQRX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2065 Fund (SWQRX) and Schwab S&P 500 Index Fund (SWPPX). 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
SWQRX vs. SWPPX - Dividend Comparison
SWQRX's dividend yield for the trailing twelve months is around 2.92%, more than SWPPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWQRX Schwab Target 2065 Fund | 2.92% | 3.31% | 5.00% | 2.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.20% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
SWQRX vs. SWPPX - Drawdown Comparison
The maximum SWQRX drawdown since its inception was -28.26%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SWQRX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
SWQRX vs. SWPPX - Volatility Comparison
The current volatility for Schwab Target 2065 Fund (SWQRX) is 2.98%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.05%. This indicates that SWQRX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.