SWYLX vs. SWYGX
Compare and contrast key facts about Schwab Target 2020 Index Fund (SWYLX) and Schwab Target 2040 Index Fund (SWYGX).
SWYLX is managed by Schwab Funds. It was launched on Aug 24, 2016. SWYGX is managed by Schwab Funds. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYLX or SWYGX.
Key characteristics
| SWYLX | SWYGX | |
|---|---|---|
| YTD Return | 9.26% | 15.04% |
| 1Y Return | 15.40% | 23.10% |
| 3Y Return (Ann) | 2.10% | 4.37% |
| 5Y Return (Ann) | 5.34% | 9.14% |
| Sharpe Ratio | 2.66 | 2.61 |
| Sortino Ratio | 3.94 | 3.58 |
| Omega Ratio | 1.56 | 1.53 |
| Calmar Ratio | 2.08 | 3.25 |
| Martin Ratio | 16.82 | 17.89 |
| Ulcer Index | 1.03% | 1.45% |
| Daily Std Dev | 6.50% | 9.99% |
| Max Drawdown | -18.87% | -28.74% |
| Current Drawdown | -0.93% | -0.87% |
Correlation
The correlation between SWYLX and SWYGX 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
SWYLX vs. SWYGX - Performance Comparison
In the year-to-date period, SWYLX achieves a 9.26% return, which is significantly lower than SWYGX's 15.04% 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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SWYLX vs. SWYGX - Expense Ratio Comparison
Both SWYLX and SWYGX 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%.
Risk-Adjusted Performance
SWYLX vs. SWYGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2020 Index Fund (SWYLX) and Schwab Target 2040 Index Fund (SWYGX). 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
SWYLX vs. SWYGX - Dividend Comparison
SWYLX's dividend yield for the trailing twelve months is around 2.40%, more than SWYGX's 1.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SWYLX Schwab Target 2020 Index Fund | 2.40% | 2.62% | 2.18% | 1.90% | 1.63% | 2.08% | 2.24% | 1.21% | 0.67% |
SWYGX Schwab Target 2040 Index Fund | 1.80% | 2.07% | 2.03% | 1.73% | 1.68% | 1.94% | 2.21% | 1.44% | 1.13% |
Drawdowns
SWYLX vs. SWYGX - Drawdown Comparison
The maximum SWYLX drawdown since its inception was -18.87%, smaller than the maximum SWYGX drawdown of -28.74%. Use the drawdown chart below to compare losses from any high point for SWYLX and SWYGX. For additional features, visit the drawdowns tool.
Volatility
SWYLX vs. SWYGX - Volatility Comparison
The current volatility for Schwab Target 2020 Index Fund (SWYLX) is 1.69%, while Schwab Target 2040 Index Fund (SWYGX) has a volatility of 2.60%. This indicates that SWYLX experiences smaller price fluctuations and is considered to be less risky than SWYGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.