SWYFX vs. SPY
Compare and contrast key facts about Schwab Target 2035 Index Fund (SWYFX) and SPDR S&P 500 ETF (SPY).
SWYFX is managed by Schwab Funds. It was launched on Aug 24, 2016. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYFX or SPY.
Key characteristics
| SWYFX | SPY | |
|---|---|---|
| YTD Return | 14.74% | 27.16% |
| 1Y Return | 25.16% | 37.73% |
| 3Y Return (Ann) | 4.18% | 10.28% |
| 5Y Return (Ann) | 8.75% | 15.97% |
| Sharpe Ratio | 2.88 | 3.25 |
| Sortino Ratio | 4.01 | 4.32 |
| Omega Ratio | 1.61 | 1.61 |
| Calmar Ratio | 2.62 | 4.74 |
| Martin Ratio | 19.46 | 21.51 |
| Ulcer Index | 1.35% | 1.85% |
| Daily Std Dev | 9.11% | 12.20% |
| Max Drawdown | -26.50% | -55.19% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SWYFX and SPY is 0.94, 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
SWYFX vs. SPY - Performance Comparison
In the year-to-date period, SWYFX achieves a 14.74% return, which is significantly lower than SPY's 27.16% 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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SWYFX vs. SPY - Expense Ratio Comparison
SWYFX has a 0.04% expense ratio, which is lower than SPY's 0.09% 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
SWYFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2035 Index Fund (SWYFX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
SWYFX's dividend yield for the trailing twelve months is around 1.87%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYFX Schwab Target 2035 Index Fund | 1.87% | 2.15% | 2.02% | 1.72% | 1.64% | 1.99% | 2.10% | 1.43% | 0.99% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SWYFX vs. SPY - Drawdown Comparison
The maximum SWYFX drawdown since its inception was -26.50%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SWYFX and SPY. For additional features, visit the drawdowns tool.
Volatility
SWYFX vs. SPY - Volatility Comparison
The current volatility for Schwab Target 2035 Index Fund (SWYFX) is 2.49%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.92%. This indicates that SWYFX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.