SWYHX vs. SWMRX
Compare and contrast key facts about Schwab Target 2045 Index Fund (SWYHX) and Schwab Target 2045 Fund (SWMRX).
SWYHX is managed by Schwab Funds. It was launched on Aug 24, 2016. SWMRX is managed by Charles Schwab. It was launched on Jan 22, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYHX or SWMRX.
Key characteristics
| SWYHX | SWMRX | |
|---|---|---|
| YTD Return | 17.04% | 16.51% |
| 1Y Return | 29.84% | 29.14% |
| 3Y Return (Ann) | 4.95% | 3.93% |
| 5Y Return (Ann) | 10.02% | 9.60% |
| Sharpe Ratio | 2.71 | 2.61 |
| Sortino Ratio | 3.65 | 3.50 |
| Omega Ratio | 1.55 | 1.53 |
| Calmar Ratio | 2.59 | 2.14 |
| Martin Ratio | 18.72 | 17.81 |
| Ulcer Index | 1.54% | 1.59% |
| Daily Std Dev | 10.66% | 10.86% |
| Max Drawdown | -30.74% | -31.74% |
| Current Drawdown | -0.05% | 0.00% |
Correlation
The correlation between SWYHX and SWMRX is 0.98, 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
SWYHX vs. SWMRX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWYHX having a 17.04% return and SWMRX slightly lower at 16.51%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWYHX vs. SWMRX - Expense Ratio Comparison
SWYHX has a 0.04% expense ratio, which is higher than SWMRX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SWYHX vs. SWMRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2045 Index Fund (SWYHX) and Schwab Target 2045 Fund (SWMRX). 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
SWYHX vs. SWMRX - Dividend Comparison
SWYHX's dividend yield for the trailing twelve months is around 1.73%, more than SWMRX's 1.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYHX Schwab Target 2045 Index Fund | 1.73% | 2.03% | 1.98% | 1.75% | 1.64% | 1.95% | 2.22% | 1.42% | 1.04% | 0.00% | 0.00% | 0.00% |
SWMRX Schwab Target 2045 Fund | 1.66% | 1.94% | 1.77% | 2.86% | 1.16% | 2.00% | 2.64% | 2.55% | 1.52% | 1.96% | 2.38% | 1.50% |
Drawdowns
SWYHX vs. SWMRX - Drawdown Comparison
The maximum SWYHX drawdown since its inception was -30.74%, roughly equal to the maximum SWMRX drawdown of -31.74%. Use the drawdown chart below to compare losses from any high point for SWYHX and SWMRX. For additional features, visit the drawdowns tool.
Volatility
SWYHX vs. SWMRX - Volatility Comparison
Schwab Target 2045 Index Fund (SWYHX) and Schwab Target 2045 Fund (SWMRX) have volatilities of 2.83% and 2.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.