SWYJX vs. ^GSPC
SWYJX (Schwab Target 2055 Index Fund) is Target Retirement Date fund tracking the Target 2055 Passive Composite Index, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, SWYJX returned 9.69%/yr vs 11.54%/yr for ^GSPC. Their correlation of 0.95 means they have usually moved in the same direction.
Performance
SWYJX vs. ^GSPC - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SWYJX having a 11.25% return and ^GSPC slightly lower at 11.03%.
SWYJX
- 1D
- 0.16%
- 1M
- -0.24%
- 6M
- 7.67%
- YTD
- 11.25%
- 1Y
- 22.56%
- 3Y*
- 16.96%
- 5Y*
- 9.69%
- 10Y*
- —
- ALL TIME*
- 11.57%
^GSPC
- 1D
- 1.48%
- 1M
- 1.57%
- 6M
- 8.95%
- YTD
- 11.03%
- 1Y
- 21.84%
- 3Y*
- 19.28%
- 5Y*
- 11.54%
- 10Y*
- 13.29%
- ALL TIME*
- 8.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^GSPC S&P 500 Index | $38.00T | $37.50T | $41.55T |
| $0.00 | $0.00 | $0.00 |
SWYJX vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWYJX Schwab Target 2055 Index Fund | 11.25% | 19.90% | 14.52% | 21.23% | -17.80% | 18.36% | 14.79% | 25.78% | -7.85% | 21.01% |
^GSPC S&P 500 Index | 11.03% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between SWYJX and ^GSPC is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2016 | 0.95 |
The correlation between SWYJX and ^GSPC has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.
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Return for Risk
SWYJX vs. ^GSPC — Risk / Return Rank
SWYJX
^GSPC
SWYJX vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2055 Index Fund (SWYJX) and S&P 500 Index (^GSPC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWYJX | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 2.41 | +0.01 |
| Martin ratioReturn relative to average drawdown | 10.40 | 10.22 | +0.18 |
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Drawdowns
SWYJX vs. ^GSPC - Drawdown Comparison
The maximum SWYJX drawdown since its inception was -31.18%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SWYJX and ^GSPC.
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Drawdown Indicators
| SWYJX | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.18% | -56.78% | +25.60% |
Max Drawdown (1Y)Largest decline over 1 year | -8.83% | -9.10% | +0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -15.46% | -18.90% | +3.44% |
Max Drawdown (5Y)Largest decline over 5 years | -25.69% | -25.43% | -0.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.20% | -0.12% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -4.57% | -10.70% | +6.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.14% | -0.09% |
Volatility
SWYJX vs. ^GSPC - Volatility Comparison
The current volatility for Schwab Target 2055 Index Fund (SWYJX) is 3.45%, while S&P 500 Index (^GSPC) has a volatility of 3.80%. This indicates that SWYJX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWYJX | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.80% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 10.52% | 10.20% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.65% | 12.86% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.26% | 17.02% | -1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.05% | 18.08% | -2.03% |
Frequently Asked Questions
With a correlation of 0.94, SWYJX and ^GSPC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
^GSPC has higher volatility (3.80%) compared to SWYJX (3.45%). In terms of maximum drawdown, SWYJX dropped -31.18% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.71 vs 1.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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