SWYHX vs. TRRKX
Compare and contrast key facts about Schwab Target 2045 Index Fund (SWYHX) and T. Rowe Price Retirement 2045 Fund (TRRKX).
SWYHX is managed by Schwab Funds. It was launched on Aug 24, 2016. TRRKX is managed by T. Rowe Price. It was launched on May 30, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYHX or TRRKX.
Key characteristics
| SWYHX | TRRKX | |
|---|---|---|
| YTD Return | 16.19% | 17.12% |
| 1Y Return | 27.61% | 28.10% |
| 3Y Return (Ann) | 4.76% | 3.40% |
| 5Y Return (Ann) | 9.89% | 10.41% |
| Sharpe Ratio | 2.59 | 2.54 |
| Sortino Ratio | 3.49 | 3.49 |
| Omega Ratio | 1.53 | 1.46 |
| Calmar Ratio | 2.68 | 1.98 |
| Martin Ratio | 17.82 | 16.79 |
| Ulcer Index | 1.54% | 1.67% |
| Daily Std Dev | 10.62% | 11.07% |
| Max Drawdown | -30.74% | -53.54% |
| Current Drawdown | -0.84% | -0.72% |
Correlation
The correlation between SWYHX and TRRKX 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.
Performance
SWYHX vs. TRRKX - Performance Comparison
In the year-to-date period, SWYHX achieves a 16.19% return, which is significantly lower than TRRKX's 17.12% 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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SWYHX vs. TRRKX - Expense Ratio Comparison
SWYHX has a 0.04% expense ratio, which is lower than TRRKX's 0.63% expense ratio.
Risk-Adjusted Performance
SWYHX vs. TRRKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2045 Index Fund (SWYHX) and T. Rowe Price Retirement 2045 Fund (TRRKX). 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. TRRKX - Dividend Comparison
SWYHX's dividend yield for the trailing twelve months is around 1.75%, more than TRRKX's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYHX Schwab Target 2045 Index Fund | 1.75% | 2.03% | 1.98% | 1.75% | 1.64% | 1.95% | 2.22% | 1.42% | 1.04% | 0.00% | 0.00% | 0.00% |
TRRKX T. Rowe Price Retirement 2045 Fund | 1.16% | 1.36% | 1.27% | 0.66% | 0.76% | 1.57% | 1.60% | 1.25% | 1.34% | 1.39% | 1.38% | 1.02% |
Drawdowns
SWYHX vs. TRRKX - Drawdown Comparison
The maximum SWYHX drawdown since its inception was -30.74%, smaller than the maximum TRRKX drawdown of -53.54%. Use the drawdown chart below to compare losses from any high point for SWYHX and TRRKX. For additional features, visit the drawdowns tool.
Volatility
SWYHX vs. TRRKX - Volatility Comparison
Schwab Target 2045 Index Fund (SWYHX) and T. Rowe Price Retirement 2045 Fund (TRRKX) have volatilities of 2.87% and 3.00%, 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.