SWYDX vs. SWLGX

Last updated Jun 4, 2026

SWYDX (Schwab Target 2025 Index Fund) and SWLGX (Schwab U.S. Large-Cap Growth Index Fund) are both mutual funds - SWYDX is a Target Retirement Date fund managed by Charles Schwab, while SWLGX is a Large Cap Growth Equities fund tracking the Russell 1000 Growth Index. Over the past 5 years, SWYDX returned 5.79%/yr vs 16.03%/yr for SWLGX. Their correlation of 0.85 suggests significant overlap in exposure. SWYDX charges 0.04%/yr vs 0.04%/yr for SWLGX.

Performance

SWYDX vs. SWLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2025 Index Fund (SWYDX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWYDX achieves a 6.06% return, which is significantly lower than SWLGX's 8.61% return.

SWYDX

• 1D: 0.12%
• 1M: 2.65%
• YTD: 6.06%
• 6M: 6.19%
• 1Y: 15.10%
• 3Y*: 11.70%
• 5Y*: 5.79%
• 10Y*: —

SWLGX

• 1D: -0.37%
• 1M: 7.15%
• YTD: 8.61%
• 6M: 8.00%
• 1Y: 27.46%
• 3Y*: 25.54%
• 5Y*: 16.03%
• 10Y*: —

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

SWYDX vs. SWLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWYDX Schwab Target 2025 Index Fund	6.06%	12.60%	8.62%	14.47%	-14.78%	10.24%	12.37%	18.89%	-6.38%	0.26%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	8.61%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%

Correlation

The correlation between SWYDX and SWLGX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Dec 20, 2017	0.85

The correlation between SWYDX and SWLGX has been stable across timeframes, ranging from 0.77 to 0.85 - a consistent structural relationship.

SWYDX vs. SWLGX - Sectors Allocation Comparison

Sectors	SWYDX	SWLGX
Technology	27.6%	51.4%
Financial Services	14.3%	5.4%
Industrials	11.1%	5.7%
Consumer Cyclical	8.8%	13.2%
Real Estate	8.2%	0.4%
Healthcare	8.0%	7.1%
Communication Services	7.9%	13.2%
Consumer Defensive	4.7%	2.7%
Energy	3.9%	0.4%
Basic Materials	3.2%	0.3%
Utilities	2.4%	0.3%

Return for Risk

SWYDX vs. SWLGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWYDX

SWYDX Risk / Return Rank: 73
SWYDX Sharpe Ratio Rank: 75
SWYDX Sortino Ratio Rank: 76
SWYDX Omega Ratio Rank: 74
SWYDX Calmar Ratio Rank: 66
SWYDX Martin Ratio Rank: 74

SWLGX

SWLGX Risk / Return Rank: 32
SWLGX Sharpe Ratio Rank: 40
SWLGX Sortino Ratio Rank: 36
SWLGX Omega Ratio Rank: 37
SWLGX Calmar Ratio Rank: 22
SWLGX Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWYDX vs. SWLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2025 Index Fund (SWYDX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.

	SWYDX	SWLGX	Difference
Sharpe ratio: Return per unit of total volatility	2.51	1.85	+0.66
Sortino ratio: Return per unit of downside risk	3.65	2.50	+1.15
Omega ratio: Gain probability vs. loss probability	1.49	1.32	+0.17
Calmar ratio: Return relative to maximum drawdown	3.12	1.76	+1.36
Martin ratio: Return relative to average drawdown	14.04	5.92	+8.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWYDX vs. SWLGX - Sharpe Ratio Comparison

The current SWYDX Sharpe Ratio is 2.51, which is higher than the SWLGX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of SWYDX and SWLGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SWYDX	SWLGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	1.85	+0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.75	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.80	-0.04

Drawdowns

SWYDX vs. SWLGX - Drawdown Comparison

The maximum SWYDX drawdown since its inception was -20.49%, smaller than the maximum SWLGX drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for SWYDX and SWLGX.

Drawdown Indicators

	SWYDX	SWLGX	Difference
Max Drawdown Largest peak-to-trough decline	-20.49%	-32.69%	+12.20%
Max Drawdown (1Y) Largest decline over 1 year	-4.94%	-16.16%	+11.22%
Max Drawdown (3Y) Largest decline over 3 years	-7.56%	-23.30%	+15.74%
Max Drawdown (5Y) Largest decline over 5 years	-20.43%	-32.69%	+12.26%
Current Drawdown Current decline from peak	0.00%	-0.37%	+0.37%
Average Drawdown Average peak-to-trough decline	-3.43%	-7.05%	+3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	4.80%	-3.71%

Volatility

SWYDX vs. SWLGX - Volatility Comparison

The current volatility for Schwab Target 2025 Index Fund (SWYDX) is 2.10%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 3.30%. This indicates that SWYDX experiences smaller price fluctuations and is considered to be less risky than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWYDX	SWLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.10%	3.30%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	4.94%	11.59%	-6.65%
Volatility (1Y) Calculated over the trailing 1-year period	6.15%	15.40%	-9.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.20%	21.49%	-12.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.82%	22.68%	-12.86%

SWYDX vs. SWLGX - Expense Ratio Comparison

SWYDX has a 0.04% expense ratio, which is higher than SWLGX's 0.04% 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. SWLGX - Dividend Comparison

SWYDX's dividend yield for the trailing twelve months is around 5.06%, more than SWLGX's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.42%	0.46%	0.52%	0.67%	0.93%	1.76%	0.67%	0.96%	1.03%	0.00%	0.00%
SWYDX Schwab Target 2025 Index Fund	5.06%	5.37%	3.41%	2.58%	2.32%	1.92%	1.79%	1.91%	0.00%	1.33%	0.79%

Frequently Asked Questions

Can I hold both SWYDX and SWLGX in my portfolio?

SWYDX and SWLGX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWYDX or SWLGX?

SWLGX has higher volatility (3.30%) compared to SWYDX (2.10%). In terms of maximum drawdown, SWYDX dropped -20.49% vs SWLGX's -32.69%.

Which has better risk-adjusted returns?

SWYDX currently has the higher Sharpe Ratio (2.51 vs 1.85), 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.