SWYDX vs. QQQ
Compare and contrast key facts about Schwab Target 2025 Index Fund (SWYDX) and Invesco QQQ (QQQ).
SWYDX is managed by Schwab Funds. It was launched on Aug 24, 2016. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYDX or QQQ.
Key characteristics
| SWYDX | QQQ | |
|---|---|---|
| YTD Return | 9.82% | 15.46% |
| 1Y Return | 16.94% | 28.15% |
| 3Y Return (Ann) | 2.93% | 8.77% |
| 5Y Return (Ann) | 6.74% | 20.70% |
| Sharpe Ratio | 2.22 | 1.58 |
| Daily Std Dev | 7.51% | 17.69% |
| Max Drawdown | -20.49% | -82.98% |
| Current Drawdown | -0.33% | -6.27% |
Correlation
The correlation between SWYDX and QQQ is 0.82, 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
SWYDX vs. QQQ - Performance Comparison
In the year-to-date period, SWYDX achieves a 9.82% return, which is significantly lower than QQQ's 15.46% return. 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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SWYDX vs. QQQ - Expense Ratio Comparison
SWYDX has a 0.04% expense ratio, which is lower than QQQ's 0.20% 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
SWYDX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2025 Index Fund (SWYDX) and Invesco QQQ (QQQ). 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
SWYDX vs. QQQ - Dividend Comparison
SWYDX's dividend yield for the trailing twelve months is around 2.35%, more than QQQ's 0.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYDX Schwab Target 2025 Index Fund | 2.35% | 2.59% | 2.32% | 1.92% | 1.79% | 1.91% | 2.22% | 1.33% | 0.79% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
SWYDX vs. QQQ - Drawdown Comparison
The maximum SWYDX drawdown since its inception was -20.49%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SWYDX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SWYDX vs. QQQ - Volatility Comparison
The current volatility for Schwab Target 2025 Index Fund (SWYDX) is 1.53%, while Invesco QQQ (QQQ) has a volatility of 5.90%. This indicates that SWYDX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.