SWYDX vs. SWKRX
SWYDX (Schwab Target 2025 Index Fund) and SWKRX (Schwab Monthly Income Fund - Enhanced Payout) are both mutual funds - SWYDX is a Target Retirement Date fund managed by Charles Schwab, while SWKRX is a Diversified Portfolio fund managed by Charles Schwab. Over the past 5 years, SWYDX returned 5.12%/yr vs 3.94%/yr for SWKRX. Their correlation of 0.84 means they have usually moved in the same direction. SWYDX charges 0.04%/yr vs 0.00%/yr for SWKRX.
Performance
SWYDX vs. SWKRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWYDX achieves a 5.15% return, which is significantly lower than SWKRX's 8.55% return.
SWYDX
- 1D
- 0.81%
- 1M
- -0.55%
- 6M
- 3.79%
- YTD
- 5.15%
- 1Y
- 11.12%
- 3Y*
- 10.16%
- 5Y*
- 5.12%
- 10Y*
- —
- ALL TIME*
- 7.21%
SWKRX
- 1D
- -0.09%
- 1M
- 1.24%
- 6M
- 5.03%
- YTD
- 8.55%
- 1Y
- 14.62%
- 3Y*
- 9.41%
- 5Y*
- 3.94%
- 10Y*
- 4.67%
- ALL TIME*
- 4.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SWYDX vs. SWKRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWYDX Schwab Target 2025 Index Fund | 5.15% | 12.60% | 8.62% | 14.47% | -14.78% | 10.24% | 12.37% | 18.89% | -6.38% | 14.53% |
SWKRX Schwab Monthly Income Fund - Enhanced Payout | 8.55% | 12.14% | 3.85% | 8.71% | -12.47% | 5.73% | 6.11% | 13.79% | -4.20% | 8.19% |
Correlation
The correlation between SWYDX and SWKRX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2016 | 0.85 |
The correlation between SWYDX and SWKRX shifts across timeframes, from 0.67 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWYDX vs. SWKRX — Risk / Return Rank
SWYDX
SWKRX
SWYDX vs. SWKRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2025 Index Fund (SWYDX) and Schwab Monthly Income Fund - Enhanced Payout (SWKRX). 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.
| SWYDX | SWKRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.48 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 3.17 | -0.98 |
| Martin ratioReturn relative to average drawdown | 9.44 | 11.53 | -2.10 |
Loading charts...
Drawdowns
SWYDX vs. SWKRX - Drawdown Comparison
The maximum SWYDX drawdown since its inception was -20.49%, roughly equal to the maximum SWKRX drawdown of -20.69%. Use the drawdown chart below to compare losses from any high point for SWYDX and SWKRX.
Loading charts...
Drawdown Indicators
| SWYDX | SWKRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.49% | -20.69% | +0.20% |
Max Drawdown (1Y)Largest decline over 1 year | -4.94% | -4.53% | -0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -7.22% | -7.15% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -20.43% | -20.69% | +0.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.69% | — |
Current DrawdownCurrent decline from peak | -0.98% | -0.26% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -3.38% | -3.05% | -0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 1.24% | -0.10% |
Volatility
SWYDX vs. SWKRX - Volatility Comparison
Schwab Target 2025 Index Fund (SWYDX) has a higher volatility of 1.82% compared to Schwab Monthly Income Fund - Enhanced Payout (SWKRX) at 1.62%. This indicates that SWYDX's price experiences larger fluctuations and is considered to be riskier than SWKRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SWYDX | SWKRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 1.62% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 5.53% | 4.52% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.63% | 5.74% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.26% | 8.15% | +1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.79% | 7.07% | +2.72% |
SWYDX vs. SWKRX - Expense Ratio Comparison
SWYDX has a 0.04% expense ratio, which is higher than SWKRX'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%.
Dividends
SWYDX vs. SWKRX - Dividend Comparison
SWYDX's dividend yield for the trailing twelve months is around 5.10%, more than SWKRX's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWKRX Schwab Monthly Income Fund - Enhanced Payout | 3.86% | 4.41% | 4.73% | 4.69% | 7.47% | 3.93% | 3.02% | 4.66% | 3.10% | 2.71% | 4.71% | 2.27% |
SWYDX Schwab Target 2025 Index Fund | 5.10% | 5.37% | 3.41% | 2.58% | 2.32% | 1.92% | 1.79% | 1.91% | 0.00% | 1.33% | 0.79% | 0.00% |
Frequently Asked Questions
SWYDX and SWKRX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWYDX has higher volatility (1.82%) compared to SWKRX (1.62%). In terms of maximum drawdown, SWYDX dropped -20.49% vs SWKRX's -20.69%.
SWKRX currently has the higher Sharpe Ratio (2.51 vs 1.63), 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.
Find the right allocation for SWYDX and SWKRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer