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SWYGX vs. PRWAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SWYGXPRWAX
YTD Return15.04%27.89%
1Y Return23.10%28.98%
3Y Return (Ann)4.37%-0.92%
5Y Return (Ann)9.14%7.94%
Sharpe Ratio2.612.23
Sortino Ratio3.582.89
Omega Ratio1.531.43
Calmar Ratio3.251.15
Martin Ratio17.8912.58
Ulcer Index1.45%2.43%
Daily Std Dev9.99%13.69%
Max Drawdown-28.74%-70.45%
Current Drawdown-0.87%-4.21%

Correlation

-0.50.00.51.00.9

The correlation between SWYGX and PRWAX is 0.89, 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

SWYGX vs. PRWAX - Performance Comparison

In the year-to-date period, SWYGX achieves a 15.04% return, which is significantly lower than PRWAX's 27.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.50%
11.10%
SWYGX
PRWAX

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SWYGX vs. PRWAX - Expense Ratio Comparison

SWYGX has a 0.04% expense ratio, which is lower than PRWAX's 0.76% expense ratio.


PRWAX
T. Rowe Price All-Cap Opportunities Fund
Expense ratio chart for PRWAX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%
Expense ratio chart for SWYGX: 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%

Risk-Adjusted Performance

SWYGX vs. PRWAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2040 Index Fund (SWYGX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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.


SWYGX
Sharpe ratio
The chart of Sharpe ratio for SWYGX, currently valued at 2.61, compared to the broader market0.002.004.002.61
Sortino ratio
The chart of Sortino ratio for SWYGX, currently valued at 3.58, compared to the broader market0.005.0010.003.58
Omega ratio
The chart of Omega ratio for SWYGX, currently valued at 1.53, compared to the broader market1.002.003.004.001.53
Calmar ratio
The chart of Calmar ratio for SWYGX, currently valued at 3.25, compared to the broader market0.005.0010.0015.0020.0025.003.25
Martin ratio
The chart of Martin ratio for SWYGX, currently valued at 17.89, compared to the broader market0.0020.0040.0060.0080.00100.0017.89
PRWAX
Sharpe ratio
The chart of Sharpe ratio for PRWAX, currently valued at 2.23, compared to the broader market0.002.004.002.23
Sortino ratio
The chart of Sortino ratio for PRWAX, currently valued at 2.89, compared to the broader market0.005.0010.002.89
Omega ratio
The chart of Omega ratio for PRWAX, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for PRWAX, currently valued at 1.15, compared to the broader market0.005.0010.0015.0020.0025.001.15
Martin ratio
The chart of Martin ratio for PRWAX, currently valued at 12.58, compared to the broader market0.0020.0040.0060.0080.00100.0012.58

SWYGX vs. PRWAX - Sharpe Ratio Comparison

The current SWYGX Sharpe Ratio is 2.61, which is comparable to the PRWAX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of SWYGX and PRWAX, 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
2.61
2.23
SWYGX
PRWAX

Dividends

SWYGX vs. PRWAX - Dividend Comparison

SWYGX's dividend yield for the trailing twelve months is around 1.80%, more than PRWAX's 0.16% yield.


TTM20232022202120202019201820172016
SWYGX
Schwab Target 2040 Index Fund
1.80%2.07%2.03%1.73%1.68%1.94%2.21%1.44%1.13%
PRWAX
T. Rowe Price All-Cap Opportunities Fund
0.16%0.20%0.00%0.00%0.03%0.40%0.23%0.17%0.05%

Drawdowns

SWYGX vs. PRWAX - Drawdown Comparison

The maximum SWYGX drawdown since its inception was -28.74%, smaller than the maximum PRWAX drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for SWYGX and PRWAX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.87%
-4.21%
SWYGX
PRWAX

Volatility

SWYGX vs. PRWAX - Volatility Comparison

The current volatility for Schwab Target 2040 Index Fund (SWYGX) is 2.60%, while T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a volatility of 3.51%. This indicates that SWYGX experiences smaller price fluctuations and is considered to be less risky than PRWAX 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
2.60%
3.51%
SWYGX
PRWAX