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SWYFX vs. VBIAX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SWYFX vs. VBIAX

Last updated Jun 4, 2026

SWYFX (Schwab Target 2035 Index Fund) and VBIAX (Vanguard Balanced Index Fund Admiral Shares) are both mutual funds - SWYFX is a Target Retirement Date fund managed by Charles Schwab, while VBIAX is a Diversified Portfolio fund tracking the 60% CRSP US Total Market Index / 40% Bloomberg U.S. Aggregate Float Adjusted Index. Over the past 5 years, SWYFX returned 8.23%/yr vs 8.01%/yr for VBIAX. With a 0.96 correlation, they move nearly in lockstep. SWYFX charges 0.04%/yr vs 0.07%/yr for VBIAX.

Performance

SWYFX vs. VBIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2035 Index Fund (SWYFX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SWYFX achieves a 9.20% return, which is significantly higher than VBIAX's 7.35% return.

SWYFX

1D
0.24%
1M
3.95%
YTD
9.20%
6M
9.60%
1Y
21.44%
3Y*
15.77%
5Y*
8.23%
10Y*
—

VBIAX

1D
0.15%
1M
3.71%
YTD
7.35%
6M
7.26%
1Y
19.35%
3Y*
15.04%
5Y*
8.01%
10Y*
9.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SWYFX vs. VBIAX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SWYFX
Schwab Target 2035 Index Fund		9.20%16.40%11.71%18.20%-16.36%14.26%13.85%22.37%-7.99%17.84%
VBIAX
Vanguard Balanced Index Fund Admiral Shares		7.35%13.61%14.58%17.54%-16.90%14.21%16.40%21.78%-2.86%13.89%

Correlation

The correlation between SWYFX and VBIAX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.97

Correlation (3Y)
Calculated over the trailing 3-year period

0.96

Correlation (5Y)
Calculated over the trailing 5-year period

0.96

Correlation (All Time)
Calculated using the full available price history since Aug 31, 2016

0.96

The correlation between SWYFX and VBIAX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

SWYFX vs. VBIAX - Sectors Allocation Comparison

Sectors
SWYFX
VBIAX

Technology

27.3%
33.5%

Financial Services

14.8%
12.0%

Industrials

11.1%
9.8%

Consumer Cyclical

8.9%
10.0%

Healthcare

7.8%
9.2%

Real Estate

7.8%
2.4%

Communication Services

7.7%
10.3%

Consumer Defensive

4.6%
4.7%

Energy

4.0%
3.7%

Basic Materials

3.5%
2.0%

Utilities

2.5%
2.3%

Technology

SWYFX
27.3%
VBIAX
33.5%

Financial Services

SWYFX
14.8%
VBIAX
12.0%

Industrials

SWYFX
11.1%
VBIAX
9.8%

Consumer Cyclical

SWYFX
8.9%
VBIAX
10.0%

Healthcare

SWYFX
7.8%
VBIAX
9.2%

Real Estate

SWYFX
7.8%
VBIAX
2.4%

Communication Services

SWYFX
7.7%
VBIAX
10.3%

Consumer Defensive

SWYFX
4.6%
VBIAX
4.7%

Energy

SWYFX
4.0%
VBIAX
3.7%

Basic Materials

SWYFX
3.5%
VBIAX
2.0%

Utilities

SWYFX
2.5%
VBIAX
2.3%

Compare stocks, funds, or ETFs

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Schwab Target 2035 Index Fund

Vanguard Balanced Index Fund Admiral Shares

Often compared with SWYFX:
SWYFX vs. VTTHXSWYFX vs. SWIRXSWYFX vs. SWYEXSWYFX vs. FIHFXSWYFX vs. SCHDSWYFX vs. VOOSWYFX vs. SPY
Often compared with VBIAX:
VBIAX vs. VWELXVBIAX vs. FBALXVBIAX vs. VFIAXVBIAX vs. VSMGXVBIAX vs. VWIAXVBIAX vs. VOOVBIAX vs. VBAIX

Return for Risk

SWYFX vs. VBIAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SWYFX
SWYFX Risk / Return Rank: 7171
Overall Rank
SWYFX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
SWYFX Sortino Ratio Rank: 7171
Sortino Ratio Rank
SWYFX Omega Ratio Rank: 6767
Omega Ratio Rank
SWYFX Calmar Ratio Rank: 6969
Calmar Ratio Rank
SWYFX Martin Ratio Rank: 7676
Martin Ratio Rank
VBIAX
VBIAX Risk / Return Rank: 7676
Overall Rank
VBIAX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
VBIAX Sortino Ratio Rank: 7474
Sortino Ratio Rank
VBIAX Omega Ratio Rank: 7070
Omega Ratio Rank
VBIAX Calmar Ratio Rank: 7575
Calmar Ratio Rank
VBIAX Martin Ratio Rank: 8383
Martin Ratio Rank
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.

SWYFX vs. VBIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2035 Index Fund (SWYFX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX). 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.

SWYFXVBIAXDifference
Sharpe ratioReturn per unit of total volatility
2.47
2.52

-0.05

Sortino ratioReturn per unit of downside risk
3.51
3.59

-0.09

Omega ratioGain probability vs. loss probability

1.46

1.47

-0.01

Calmar ratioReturn relative to maximum drawdown

3.20

3.42

-0.22

Martin ratioReturn relative to average drawdown

14.28

15.60

-1.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWYFX vs. VBIAX - Sharpe Ratio Comparison

The current SWYFX Sharpe Ratio is 2.47, which is comparable to the VBIAX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of SWYFX and VBIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SWYFXVBIAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.47

2.52

-0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.73

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.88

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.75

0.64

+0.11

Drawdowns

SWYFX vs. VBIAX - Drawdown Comparison

The maximum SWYFX drawdown since its inception was -25.51%, smaller than the maximum VBIAX drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for SWYFX and VBIAX.

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Drawdown Indicators

SWYFXVBIAXDifference

Max Drawdown

Largest peak-to-trough decline

-25.51%

-35.90%

+10.39%

Max Drawdown (1Y)

Largest decline over 1 year

-6.82%

-5.83%

-0.99%

Max Drawdown (3Y)

Largest decline over 3 years

-11.61%

-11.70%

+0.09%

Max Drawdown (5Y)

Largest decline over 5 years

-23.19%

-21.53%

-1.66%

Max Drawdown (10Y)

Largest decline over 10 years

—

-22.78%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-4.01%

-4.44%

+0.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.52%

1.27%

+0.25%

Volatility

SWYFX vs. VBIAX - Volatility Comparison

Schwab Target 2035 Index Fund (SWYFX) has a higher volatility of 2.77% compared to Vanguard Balanced Index Fund Admiral Shares (VBIAX) at 2.26%. This indicates that SWYFX's price experiences larger fluctuations and is considered to be riskier than VBIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SWYFXVBIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.77%

2.26%

+0.51%

Volatility (6M)

Calculated over the trailing 6-month period

7.02%

6.11%

+0.91%

Volatility (1Y)

Calculated over the trailing 1-year period

8.83%

7.90%

+0.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.07%

11.05%

+1.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.84%

11.21%

+1.63%

SWYFX vs. VBIAX - Expense Ratio Comparison

SWYFX has a 0.04% expense ratio, which is lower than VBIAX's 0.07% 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%.

Dividends

SWYFX vs. VBIAX - Dividend Comparison

SWYFX's dividend yield for the trailing twelve months is around 2.09%, less than VBIAX's 5.21% yield.

PositionTTM20252024202320222021202020192018201720162015
SWYFX
Schwab Target 2035 Index Fund		2.09%2.28%2.37%2.14%2.02%1.80%1.73%2.00%0.00%1.44%0.99%0.00%
VBIAX
Vanguard Balanced Index Fund Admiral Shares		5.21%6.00%5.27%4.35%2.83%3.19%2.65%2.28%2.32%1.95%2.09%2.09%

Frequently Asked Questions

With a correlation of 0.97, SWYFX and VBIAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

SWYFX has higher volatility (2.77%) compared to VBIAX (2.26%). In terms of maximum drawdown, SWYFX dropped -25.51% vs VBIAX's -35.90%.

VBIAX currently has the higher Sharpe Ratio (2.52 vs 2.47), 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.

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