SWYAX vs. VT

Last updated Jul 31, 2026

SWYAX (Schwab Target 2010 Index Fund) and VT (Vanguard Total World Stock ETF) are both funds - SWYAX is a Target Retirement Date fund managed by Charles Schwab, while VT is a Global Equities fund tracking the FTSE Global All Cap Index. Over the past 5 years, SWYAX returned 3.93%/yr vs 10.52%/yr for VT. Their correlation of 0.87 means they have usually moved in the same direction. SWYAX charges 0.04%/yr vs 0.06%/yr for VT.

Performance

SWYAX vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2010 Index Fund (SWYAX) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWYAX achieves a 3.27% return, which is significantly lower than VT's 10.86% return.

SWYAX

• 1D: -0.59%
• 1M: -1.24%
• 6M: 2.03%
• YTD: 3.27%
• 1Y: 8.22%
• 3Y*: 8.56%
• 5Y*: 3.93%
• 10Y*: —
• ALL TIME*: 5.65%

VT

• 1D: 2.12%
• 1M: -0.96%
• 6M: 6.58%
• YTD: 10.86%
• 1Y: 21.10%
• 3Y*: 17.85%
• 5Y*: 10.52%
• 10Y*: 12.29%
• ALL TIME*: 8.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SWYAX Schwab Target 2010 Index Fund	$0.00	$0.00	$0.00
VT Vanguard Total World Stock ETF	$412.83M	$369.31M	$481.45M

SWYAX vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWYAX Schwab Target 2010 Index Fund	3.27%	11.17%	7.18%	11.95%	-13.28%	6.99%	10.61%	14.55%	-2.27%	9.48%
VT Vanguard Total World Stock ETF	10.86%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-9.76%	24.50%

Correlation

The correlation between SWYAX and VT is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Aug 30, 2016	0.87

The correlation between SWYAX and VT has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

Return for Risk

SWYAX vs. VT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SWYAX

SWYAX Risk / Return Rank: 57
SWYAX Sharpe Ratio Rank: 56
SWYAX Sortino Ratio Rank: 56
SWYAX Omega Ratio Rank: 57
SWYAX Calmar Ratio Rank: 50
SWYAX Martin Ratio Rank: 64

VT

VT Risk / Return Rank: 70
VT Sharpe Ratio Rank: 69
VT Sortino Ratio Rank: 68
VT Omega Ratio Rank: 68
VT Calmar Ratio Rank: 66
VT Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SWYAX vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2010 Index Fund (SWYAX) and Vanguard Total World Stock ETF (VT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SWYAX	VT	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.52	-0.08
Sortino ratio: Return per unit of downside risk	2.06	2.14	-0.09
Omega ratio: Gain probability vs. loss probability	1.27	1.27	-0.01
Calmar ratio: Return relative to maximum drawdown	1.90	2.19	-0.29
Martin ratio: Return relative to average drawdown	8.23	9.13	-0.90

SWYAX vs. VT - Sharpe Ratio Comparison

The current SWYAX Sharpe Ratio is 1.44, which is comparable to the VT Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of SWYAX and VT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SWYAX vs. VT - Drawdown Comparison

The maximum SWYAX drawdown since its inception was -19.82%, smaller than the maximum VT drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for SWYAX and VT.

Drawdown Indicators

	SWYAX	VT	Difference
Max Drawdown Largest peak-to-trough decline	-19.82%	-50.27%	+30.45%
Max Drawdown (1Y) Largest decline over 1 year	-4.16%	-9.67%	+5.51%
Max Drawdown (3Y) Largest decline over 3 years	-5.86%	-16.51%	+10.65%
Max Drawdown (5Y) Largest decline over 5 years	-19.82%	-26.38%	+6.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.24%	—
Current Drawdown Current decline from peak	-1.52%	-2.10%	+0.58%
Average Drawdown Average peak-to-trough decline	-3.31%	-6.97%	+3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	2.32%	-1.36%

Volatility

SWYAX vs. VT - Volatility Comparison

The current volatility for Schwab Target 2010 Index Fund (SWYAX) is 1.34%, while Vanguard Total World Stock ETF (VT) has a volatility of 4.01%. This indicates that SWYAX experiences smaller price fluctuations and is considered to be less risky than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWYAX	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.34%	4.01%	-2.67%
Volatility (6M) Calculated over the trailing 6-month period	4.57%	11.68%	-7.11%
Volatility (1Y) Calculated over the trailing 1-year period	5.51%	13.97%	-8.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.84%	16.22%	-8.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.42%	17.18%	-9.76%

SWYAX vs. VT - Expense Ratio Comparison

SWYAX has a 0.04% expense ratio, which is lower than VT's 0.06% 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%.

Dividends

SWYAX vs. VT - Dividend Comparison

SWYAX's dividend yield for the trailing twelve months is around 4.04%, more than VT's 1.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWYAX Schwab Target 2010 Index Fund	4.04%	4.17%	3.79%	2.85%	2.69%	2.54%	1.98%	2.27%	2.01%	1.18%	0.75%	0.00%
VT Vanguard Total World Stock ETF	1.60%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both SWYAX and VT in my portfolio?

With a correlation of 0.91, SWYAX and VT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SWYAX or VT?

VT has higher volatility (4.01%) compared to SWYAX (1.34%). In terms of maximum drawdown, SWYAX dropped -19.82% vs VT's -50.27%.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (1.52 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.