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SWYEX vs. SWYHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SWYEX vs. SWYHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2030 Index Fund (SWYEX) and Schwab Target 2045 Index Fund (SWYHX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.51%
9.06%
SWYEX
SWYHX

Returns By Period

In the year-to-date period, SWYEX achieves a 12.01% return, which is significantly lower than SWYHX's 15.88% return.


SWYEX

YTD

12.01%

1M

0.12%

6M

7.51%

1Y

18.13%

5Y (annualized)

7.52%

10Y (annualized)

N/A

SWYHX

YTD

15.88%

1M

0.32%

6M

9.06%

1Y

22.98%

5Y (annualized)

9.78%

10Y (annualized)

N/A

Key characteristics


SWYEXSWYHX
Sharpe Ratio2.322.25
Sortino Ratio3.263.01
Omega Ratio1.471.45
Calmar Ratio2.513.27
Martin Ratio15.0114.91
Ulcer Index1.23%1.56%
Daily Std Dev7.94%10.36%
Max Drawdown-23.92%-30.74%
Current Drawdown-0.85%-1.10%

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SWYEX vs. SWYHX - Expense Ratio Comparison

Both SWYEX and SWYHX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


SWYEX
Schwab Target 2030 Index Fund
Expense ratio chart for SWYEX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%
Expense ratio chart for SWYHX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Correlation

-0.50.00.51.01.0

The correlation between SWYEX and SWYHX is 0.99, 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.

Risk-Adjusted Performance

SWYEX vs. SWYHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2030 Index Fund (SWYEX) and Schwab Target 2045 Index Fund (SWYHX). 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.


Sharpe ratio
The chart of Sharpe ratio for SWYEX, currently valued at 2.32, compared to the broader market-1.000.001.002.003.004.005.002.322.25
The chart of Sortino ratio for SWYEX, currently valued at 3.26, compared to the broader market0.005.0010.003.263.01
The chart of Omega ratio for SWYEX, currently valued at 1.47, compared to the broader market1.002.003.004.001.471.45
The chart of Calmar ratio for SWYEX, currently valued at 2.50, compared to the broader market0.005.0010.0015.0020.0025.002.513.27
The chart of Martin ratio for SWYEX, currently valued at 15.01, compared to the broader market0.0020.0040.0060.0080.00100.0015.0114.91
SWYEX
SWYHX

The current SWYEX Sharpe Ratio is 2.32, which is comparable to the SWYHX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of SWYEX and SWYHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.32
2.25
SWYEX
SWYHX

Dividends

SWYEX vs. SWYHX - Dividend Comparison

SWYEX's dividend yield for the trailing twelve months is around 2.04%, more than SWYHX's 1.75% yield.


TTM20232022202120202019201820172016
SWYEX
Schwab Target 2030 Index Fund
2.04%2.29%2.14%1.72%1.70%1.92%2.23%1.31%1.02%
SWYHX
Schwab Target 2045 Index Fund
1.75%2.03%1.98%1.75%1.64%1.95%2.22%1.42%1.04%

Drawdowns

SWYEX vs. SWYHX - Drawdown Comparison

The maximum SWYEX drawdown since its inception was -23.92%, smaller than the maximum SWYHX drawdown of -30.74%. Use the drawdown chart below to compare losses from any high point for SWYEX and SWYHX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.85%
-1.10%
SWYEX
SWYHX

Volatility

SWYEX vs. SWYHX - Volatility Comparison

The current volatility for Schwab Target 2030 Index Fund (SWYEX) is 1.96%, while Schwab Target 2045 Index Fund (SWYHX) has a volatility of 2.62%. This indicates that SWYEX experiences smaller price fluctuations and is considered to be less risky than SWYHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.96%
2.62%
SWYEX
SWYHX