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.
Correlation
The correlation between SWYHX and SWMRX is 0.94, 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
Key characteristics
SWYHX:
0.62
SWMRX:
0.46
SWYHX:
1.01
SWMRX:
0.78
SWYHX:
1.15
SWMRX:
1.11
SWYHX:
0.69
SWMRX:
0.50
SWYHX:
3.03
SWMRX:
2.09
SWYHX:
3.21%
SWMRX:
3.49%
SWYHX:
14.87%
SWMRX:
14.91%
SWYHX:
-30.74%
SWMRX:
-32.28%
SWYHX:
-3.35%
SWMRX:
-3.68%
Returns By Period
In the year-to-date period, SWYHX achieves a 1.26% return, which is significantly lower than SWMRX's 1.39% return.
SWYHX
1.26%
5.13%
-1.31%
9.15%
11.54%
N/A
SWMRX
1.39%
5.46%
-2.48%
6.83%
8.56%
4.75%
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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 Rank
SWYHX
SWMRX
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 2.10%, less than SWMRX's 3.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYHX Schwab Target 2045 Index Fund | 2.10% | 2.13% | 2.03% | 1.98% | 1.75% | 1.64% | 1.95% | 2.22% | 1.42% | 1.04% | 0.00% | 0.00% |
SWMRX Schwab Target 2045 Fund | 3.10% | 3.14% | 2.98% | 7.88% | 5.18% | 2.45% | 5.46% | 6.63% | 2.79% | 5.28% | 5.76% | 3.70% |
Drawdowns
SWYHX vs. SWMRX - Drawdown Comparison
The maximum SWYHX drawdown since its inception was -30.74%, roughly equal to the maximum SWMRX drawdown of -32.28%. 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) has a higher volatility of 4.88% compared to Schwab Target 2045 Fund (SWMRX) at 4.59%. This indicates that SWYHX's price experiences larger fluctuations and is considered to be riskier than SWMRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.