SWYGX vs. PRWAX
Compare and contrast key facts about Schwab Target 2040 Index Fund (SWYGX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
SWYGX is managed by Schwab Funds. It was launched on Aug 24, 2016. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYGX or PRWAX.
Performance
SWYGX vs. PRWAX - Performance Comparison
Returns By Period
In the year-to-date period, SWYGX achieves a 15.36% return, which is significantly lower than PRWAX's 27.87% return.
SWYGX
15.36%
1.33%
9.15%
22.22%
9.25%
N/A
PRWAX
27.87%
3.38%
11.22%
26.83%
7.94%
5.39%
Key characteristics
| SWYGX | PRWAX | |
|---|---|---|
| Sharpe Ratio | 2.28 | 1.95 |
| Sortino Ratio | 3.10 | 2.54 |
| Omega Ratio | 1.46 | 1.37 |
| Calmar Ratio | 3.19 | 1.01 |
| Martin Ratio | 15.12 | 10.98 |
| Ulcer Index | 1.47% | 2.44% |
| Daily Std Dev | 9.73% | 13.79% |
| Max Drawdown | -28.74% | -70.45% |
| Current Drawdown | -0.60% | -4.22% |
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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.
Correlation
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.
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.
Dividends
SWYGX vs. PRWAX - Dividend Comparison
SWYGX's dividend yield for the trailing twelve months is around 1.79%, more than PRWAX's 0.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SWYGX Schwab Target 2040 Index Fund | 1.79% | 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.
Volatility
SWYGX vs. PRWAX - Volatility Comparison
The current volatility for Schwab Target 2040 Index Fund (SWYGX) is 2.48%, while T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a volatility of 3.95%. 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.