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 a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
SWQRX vs. SWPPX - Performance Comparison
Loading graphics...
SWQRX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SWQRX Schwab Target 2065 Fund | -4.16% | 20.95% | 14.36% | 21.21% | -20.23% | 15.97% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 26.13% |
Returns By Period
In the year-to-date period, SWQRX achieves a -4.16% return, which is significantly higher than SWPPX's -7.07% return.
SWQRX
- 1D
- -0.40%
- 1M
- -9.27%
- YTD
- -4.16%
- 6M
- -1.31%
- 1Y
- 16.97%
- 3Y*
- 14.45%
- 5Y*
- 7.63%
- 10Y*
- —
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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%.
Return for Risk
SWQRX vs. SWPPX — Risk / Return Rank
SWQRX
SWPPX
SWQRX vs. SWPPX - Risk-Adjusted Trends 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.
| SWQRX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 0.84 | +0.22 |
Sortino ratioReturn per unit of downside risk | 1.55 | 1.30 | +0.25 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.06 | +0.26 |
Martin ratioReturn relative to average drawdown | 5.99 | 5.14 | +0.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWQRX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 0.84 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.68 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.48 | +0.04 |
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.
Dividends
SWQRX vs. SWPPX - Dividend Comparison
SWQRX's dividend yield for the trailing twelve months is around 3.30%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWQRX Schwab Target 2065 Fund | 3.30% | 3.16% | 2.92% | 3.31% | 5.00% | 2.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
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.
Loading graphics...
Drawdown Indicators
| SWQRX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.26% | -55.06% | +26.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.39% | -12.10% | +0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -28.26% | -24.51% | -3.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.80% | — |
Current DrawdownCurrent decline from peak | -9.80% | -8.89% | -0.91% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -10.00% | +3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 2.49% | +0.01% |
Volatility
SWQRX vs. SWPPX - Volatility Comparison
Schwab Target 2065 Fund (SWQRX) has a higher volatility of 5.12% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.29%. This indicates that SWQRX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWQRX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.12% | 4.29% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 9.30% | 9.11% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 18.14% | -2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.84% | 16.89% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.82% | 18.19% | -2.37% |