SWYGX vs. SWYLX
Compare and contrast key facts about Schwab Target 2040 Index Fund (SWYGX) and Schwab Target 2020 Index Fund (SWYLX).
SWYGX is managed by Charles Schwab. It was launched on Aug 24, 2016. SWYLX is managed by Charles Schwab. It was launched on Aug 24, 2016.
Performance
SWYGX vs. SWYLX - Performance Comparison
Loading graphics...
SWYGX vs. SWYLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWYGX Schwab Target 2040 Index Fund | -3.28% | 17.57% | 12.83% | 19.45% | -16.94% | 15.68% | 14.19% | 23.63% | -6.62% | 19.12% |
SWYLX Schwab Target 2020 Index Fund | -1.95% | 12.23% | 8.03% | 13.15% | -13.79% | 8.06% | 11.04% | 16.21% | -3.08% | 12.11% |
Returns By Period
In the year-to-date period, SWYGX achieves a -3.28% return, which is significantly lower than SWYLX's -1.95% return.
SWYGX
- 1D
- -0.10%
- 1M
- -7.11%
- YTD
- -3.28%
- 6M
- -0.84%
- 1Y
- 14.04%
- 3Y*
- 12.98%
- 5Y*
- 7.21%
- 10Y*
- —
SWYLX
- 1D
- 0.15%
- 1M
- -4.49%
- YTD
- -1.95%
- 6M
- -0.26%
- 1Y
- 9.04%
- 3Y*
- 8.68%
- 5Y*
- 4.46%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWYGX vs. SWYLX - Expense Ratio Comparison
Both SWYGX and SWYLX 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%.
Return for Risk
SWYGX vs. SWYLX — Risk / Return Rank
SWYGX
SWYLX
SWYGX vs. SWYLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2040 Index Fund (SWYGX) and Schwab Target 2020 Index Fund (SWYLX). 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 | SWYLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 1.21 | -0.14 |
Sortino ratioReturn per unit of downside risk | 1.58 | 1.74 | -0.16 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.26 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.59 | -0.23 |
Martin ratioReturn relative to average drawdown | 6.48 | 7.19 | -0.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SWYGX | SWYLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 1.21 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.53 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.74 | -0.07 |
Correlation
The correlation between SWYGX and SWYLX is 0.95, 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.
Dividends
SWYGX vs. SWYLX - Dividend Comparison
SWYGX's dividend yield for the trailing twelve months is around 2.31%, less than SWYLX's 5.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SWYGX Schwab Target 2040 Index Fund | 2.31% | 2.23% | 2.28% | 2.06% | 2.03% | 1.80% | 1.72% | 1.95% | 2.21% | 1.44% | 1.13% |
SWYLX Schwab Target 2020 Index Fund | 5.82% | 5.70% | 4.82% | 2.61% | 2.48% | 2.44% | 1.77% | 2.12% | 2.29% | 1.21% | 0.67% |
Drawdowns
SWYGX vs. SWYLX - Drawdown Comparison
The maximum SWYGX drawdown since its inception was -27.62%, which is greater than SWYLX's maximum drawdown of -20.63%. Use the drawdown chart below to compare losses from any high point for SWYGX and SWYLX.
Loading graphics...
Drawdown Indicators
| SWYGX | SWYLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.62% | -20.63% | -6.99% |
Max Drawdown (1Y)Largest decline over 1 year | -9.55% | -5.58% | -3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -24.07% | -20.63% | -3.44% |
Current DrawdownCurrent decline from peak | -7.50% | -4.56% | -2.94% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -3.53% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 1.24% | +0.76% |
Volatility
SWYGX vs. SWYLX - Volatility Comparison
Schwab Target 2040 Index Fund (SWYGX) has a higher volatility of 4.13% compared to Schwab Target 2020 Index Fund (SWYLX) at 2.64%. This indicates that SWYGX's price experiences larger fluctuations and is considered to be riskier than SWYLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SWYGX | SWYLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 2.64% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 7.27% | 4.29% | +2.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.25% | 7.70% | +5.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.10% | 8.39% | +4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.05% | 8.27% | +5.78% |