SWYAX vs. TRRFX
Compare and contrast key facts about Schwab Target 2010 Index Fund (SWYAX) and T. Rowe Price Retirement 2005 Fund (TRRFX).
SWYAX is managed by Schwab Funds. It was launched on Aug 24, 2016. TRRFX is managed by T. Rowe Price. It was launched on Feb 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYAX or TRRFX.
Key characteristics
| SWYAX | TRRFX | |
|---|---|---|
| YTD Return | 8.90% | 8.86% |
| 1Y Return | 15.19% | 14.82% |
| 3Y Return (Ann) | 2.26% | 2.06% |
| 5Y Return (Ann) | 5.20% | 5.59% |
| Sharpe Ratio | 2.30 | 2.46 |
| Daily Std Dev | 6.60% | 6.03% |
| Max Drawdown | -18.03% | -33.29% |
| Current Drawdown | -0.08% | 0.00% |
Correlation
The correlation between SWYAX and TRRFX is 0.91, 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. TRRFX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWYAX having a 8.90% return and TRRFX slightly lower at 8.86%. 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. TRRFX - Expense Ratio Comparison
SWYAX has a 0.04% expense ratio, which is lower than TRRFX's 0.49% expense ratio.
Risk-Adjusted Performance
SWYAX vs. TRRFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2010 Index Fund (SWYAX) and T. Rowe Price Retirement 2005 Fund (TRRFX). 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. TRRFX - Dividend Comparison
SWYAX's dividend yield for the trailing twelve months is around 2.62%, less than TRRFX's 3.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYAX Schwab Target 2010 Index Fund | 2.62% | 2.86% | 2.69% | 2.54% | 1.98% | 2.27% | 2.01% | 1.18% | 0.75% | 0.00% | 0.00% | 0.00% |
TRRFX T. Rowe Price Retirement 2005 Fund | 3.89% | 4.24% | 10.43% | 10.54% | 8.55% | 3.65% | 6.97% | 4.25% | 3.15% | 3.78% | 4.08% | 3.10% |
Drawdowns
SWYAX vs. TRRFX - Drawdown Comparison
The maximum SWYAX drawdown since its inception was -18.03%, smaller than the maximum TRRFX drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for SWYAX and TRRFX. For additional features, visit the drawdowns tool.
Volatility
SWYAX vs. TRRFX - Volatility Comparison
The current volatility for Schwab Target 2010 Index Fund (SWYAX) is 1.35%, while T. Rowe Price Retirement 2005 Fund (TRRFX) has a volatility of 1.66%. This indicates that SWYAX experiences smaller price fluctuations and is considered to be less risky than TRRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.