SWYFX vs. FIHFX
Compare and contrast key facts about Schwab Target 2035 Index Fund (SWYFX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX).
SWYFX is managed by Schwab Funds. It was launched on Aug 24, 2016. FIHFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYFX or FIHFX.
Performance
SWYFX vs. FIHFX - Performance Comparison
Returns By Period
In the year-to-date period, SWYFX achieves a 14.09% return, which is significantly higher than FIHFX's 12.83% return.
SWYFX
14.09%
1.22%
8.61%
20.56%
8.52%
N/A
FIHFX
12.83%
0.75%
6.61%
19.18%
8.20%
7.90%
Key characteristics
| SWYFX | FIHFX | |
|---|---|---|
| Sharpe Ratio | 2.31 | 2.22 |
| Sortino Ratio | 3.18 | 3.14 |
| Omega Ratio | 1.47 | 1.41 |
| Calmar Ratio | 2.90 | 2.10 |
| Martin Ratio | 15.03 | 13.82 |
| Ulcer Index | 1.37% | 1.39% |
| Daily Std Dev | 8.90% | 8.65% |
| Max Drawdown | -26.50% | -28.42% |
| Current Drawdown | -0.57% | -0.86% |
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SWYFX vs. FIHFX - Expense Ratio Comparison
SWYFX has a 0.04% expense ratio, which is lower than FIHFX's 0.12% 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%.
Correlation
The correlation between SWYFX and FIHFX is 0.97, 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
SWYFX vs. FIHFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2035 Index Fund (SWYFX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX). 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
SWYFX vs. FIHFX - Dividend Comparison
SWYFX's dividend yield for the trailing twelve months is around 1.88%, less than FIHFX's 1.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYFX Schwab Target 2035 Index Fund | 1.88% | 2.15% | 2.02% | 1.72% | 1.64% | 1.99% | 2.10% | 1.43% | 0.99% | 0.00% | 0.00% | 0.00% |
FIHFX Fidelity Freedom Index 2035 Fund Investor Class | 1.97% | 2.10% | 1.93% | 1.47% | 1.40% | 1.82% | 2.15% | 1.72% | 1.90% | 2.03% | 3.37% | 0.16% |
Drawdowns
SWYFX vs. FIHFX - Drawdown Comparison
The maximum SWYFX drawdown since its inception was -26.50%, smaller than the maximum FIHFX drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for SWYFX and FIHFX. For additional features, visit the drawdowns tool.
Volatility
SWYFX vs. FIHFX - Volatility Comparison
Schwab Target 2035 Index Fund (SWYFX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) have volatilities of 2.29% and 2.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.