SWYGX vs. SWYEX
Compare and contrast key facts about Schwab Target 2040 Index Fund (SWYGX) and Schwab Target 2030 Index Fund (SWYEX).
SWYGX is managed by Schwab Funds. It was launched on Aug 24, 2016. SWYEX is managed by Schwab Funds. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYGX or SWYEX.
Key characteristics
| SWYGX | SWYEX | |
|---|---|---|
| YTD Return | 15.04% | 12.15% |
| 1Y Return | 23.10% | 19.37% |
| 3Y Return (Ann) | 4.37% | 3.25% |
| 5Y Return (Ann) | 9.14% | 7.52% |
| Sharpe Ratio | 2.61 | 2.66 |
| Sortino Ratio | 3.58 | 3.79 |
| Omega Ratio | 1.53 | 1.55 |
| Calmar Ratio | 3.25 | 2.63 |
| Martin Ratio | 17.89 | 17.89 |
| Ulcer Index | 1.45% | 1.22% |
| Daily Std Dev | 9.99% | 8.18% |
| Max Drawdown | -28.74% | -23.92% |
| Current Drawdown | -0.87% | -0.73% |
Correlation
The correlation between SWYGX and SWYEX is 0.99, 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. SWYEX - Performance Comparison
In the year-to-date period, SWYGX achieves a 15.04% return, which is significantly higher than SWYEX's 12.15% 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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SWYGX vs. SWYEX - Expense Ratio Comparison
Both SWYGX and SWYEX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SWYGX vs. SWYEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2040 Index Fund (SWYGX) and Schwab Target 2030 Index Fund (SWYEX). 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. SWYEX - Dividend Comparison
SWYGX's dividend yield for the trailing twelve months is around 1.80%, less than SWYEX's 2.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SWYGX Schwab Target 2040 Index Fund | 1.80% | 2.07% | 2.03% | 1.73% | 1.68% | 1.94% | 2.21% | 1.44% | 1.13% |
SWYEX Schwab Target 2030 Index Fund | 2.04% | 2.29% | 2.14% | 1.72% | 1.70% | 1.92% | 2.23% | 1.31% | 1.02% |
Drawdowns
SWYGX vs. SWYEX - Drawdown Comparison
The maximum SWYGX drawdown since its inception was -28.74%, which is greater than SWYEX's maximum drawdown of -23.92%. Use the drawdown chart below to compare losses from any high point for SWYGX and SWYEX. For additional features, visit the drawdowns tool.
Volatility
SWYGX vs. SWYEX - Volatility Comparison
Schwab Target 2040 Index Fund (SWYGX) has a higher volatility of 2.60% compared to Schwab Target 2030 Index Fund (SWYEX) at 2.13%. This indicates that SWYGX's price experiences larger fluctuations and is considered to be riskier than SWYEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.