SWQRX vs. SWYOX
Compare and contrast key facts about Schwab Target 2065 Fund (SWQRX) and Schwab Target 2065 Index Fund (SWYOX).
SWQRX is managed by Charles Schwab. It was launched on Feb 24, 2021. SWYOX is managed by Schwab Funds. It was launched on Feb 24, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWQRX or SWYOX.
Key characteristics
| SWQRX | SWYOX | |
|---|---|---|
| YTD Return | 18.19% | 17.89% |
| 1Y Return | 30.21% | 30.06% |
| 3Y Return (Ann) | 4.35% | 5.32% |
| Sharpe Ratio | 2.51 | 2.54 |
| Sortino Ratio | 3.30 | 3.39 |
| Omega Ratio | 1.51 | 1.51 |
| Calmar Ratio | 2.31 | 2.84 |
| Martin Ratio | 17.06 | 17.64 |
| Ulcer Index | 1.77% | 1.70% |
| Daily Std Dev | 12.04% | 11.78% |
| Max Drawdown | -28.26% | -26.02% |
| Current Drawdown | 0.00% | -0.85% |
Correlation
The correlation between SWQRX and SWYOX 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.
Performance
SWQRX vs. SWYOX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWQRX having a 18.19% return and SWYOX slightly lower at 17.89%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWQRX vs. SWYOX - Expense Ratio Comparison
SWQRX has a 0.00% expense ratio, which is lower than SWYOX's 0.04% 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. SWYOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2065 Fund (SWQRX) and Schwab Target 2065 Index Fund (SWYOX). 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. SWYOX - Dividend Comparison
SWQRX's dividend yield for the trailing twelve months is around 1.51%, less than SWYOX's 1.55% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
SWQRX Schwab Target 2065 Fund | 1.51% | 1.78% | 1.54% | 2.69% |
SWYOX Schwab Target 2065 Index Fund | 1.55% | 1.83% | 1.80% | 1.24% |
Drawdowns
SWQRX vs. SWYOX - Drawdown Comparison
The maximum SWQRX drawdown since its inception was -28.26%, which is greater than SWYOX's maximum drawdown of -26.02%. Use the drawdown chart below to compare losses from any high point for SWQRX and SWYOX. For additional features, visit the drawdowns tool.
Volatility
SWQRX vs. SWYOX - Volatility Comparison
Schwab Target 2065 Fund (SWQRX) and Schwab Target 2065 Index Fund (SWYOX) have volatilities of 3.03% and 3.16%, 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.