SWYAX vs. SWBRX
Compare and contrast key facts about Schwab Target 2010 Index Fund (SWYAX) and Schwab Target 2010 Fund (SWBRX).
SWYAX is managed by Schwab Funds. It was launched on Aug 24, 2016. SWBRX is managed by Charles Schwab. It was launched on Jun 30, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYAX or SWBRX.
Key characteristics
| SWYAX | SWBRX | |
|---|---|---|
| YTD Return | 8.65% | 8.57% |
| 1Y Return | 15.13% | 15.06% |
| 3Y Return (Ann) | 2.18% | 1.77% |
| 5Y Return (Ann) | 5.13% | 5.07% |
| Sharpe Ratio | 2.26 | 2.32 |
| Daily Std Dev | 6.60% | 6.37% |
| Max Drawdown | -18.03% | -37.52% |
| Current Drawdown | -0.31% | -0.36% |
Correlation
The correlation between SWYAX and SWBRX is 0.96, 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
SWYAX vs. SWBRX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWYAX having a 8.65% return and SWBRX slightly lower at 8.57%. 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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SWYAX vs. SWBRX - Expense Ratio Comparison
SWYAX has a 0.04% expense ratio, which is higher than SWBRX's 0.00% expense ratio. However, 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
SWYAX vs. SWBRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2010 Index Fund (SWYAX) and Schwab Target 2010 Fund (SWBRX). 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
SWYAX vs. SWBRX - Dividend Comparison
SWYAX's dividend yield for the trailing twelve months is around 2.63%, less than SWBRX's 4.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYAX Schwab Target 2010 Index Fund | 2.63% | 2.86% | 2.69% | 2.54% | 1.98% | 2.27% | 2.01% | 1.18% | 0.75% | 0.00% | 0.00% | 0.00% |
SWBRX Schwab Target 2010 Fund | 4.00% | 4.35% | 4.59% | 4.86% | 2.64% | 4.91% | 6.25% | 2.22% | 1.79% | 1.86% | 2.03% | 1.72% |
Drawdowns
SWYAX vs. SWBRX - Drawdown Comparison
The maximum SWYAX drawdown since its inception was -18.03%, smaller than the maximum SWBRX drawdown of -37.52%. Use the drawdown chart below to compare losses from any high point for SWYAX and SWBRX. For additional features, visit the drawdowns tool.
Volatility
SWYAX vs. SWBRX - Volatility Comparison
Schwab Target 2010 Index Fund (SWYAX) has a higher volatility of 1.27% compared to Schwab Target 2010 Fund (SWBRX) at 1.20%. This indicates that SWYAX's price experiences larger fluctuations and is considered to be riskier than SWBRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.