SWYNX vs. FDFPX
Compare and contrast key facts about Schwab Target 2060 Index Fund (SWYNX) and Fidelity Flex Freedom Blend 2065 Fund (FDFPX).
SWYNX is managed by Schwab Funds. It was launched on Aug 24, 2016. FDFPX is managed by Fidelity. It was launched on Jun 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYNX or FDFPX.
Key characteristics
| SWYNX | FDFPX | |
|---|---|---|
| YTD Return | 18.54% | 18.19% |
| 1Y Return | 30.67% | 29.72% |
| 3Y Return (Ann) | 5.53% | 4.67% |
| 5Y Return (Ann) | 10.91% | 11.07% |
| Sharpe Ratio | 2.76 | 2.74 |
| Sortino Ratio | 3.66 | 3.79 |
| Omega Ratio | 1.56 | 1.51 |
| Calmar Ratio | 3.06 | 2.62 |
| Martin Ratio | 19.23 | 17.75 |
| Ulcer Index | 1.67% | 1.75% |
| Daily Std Dev | 11.62% | 11.33% |
| Max Drawdown | -33.36% | -31.22% |
| Current Drawdown | -0.05% | -0.07% |
Correlation
The correlation between SWYNX and FDFPX is 0.96, 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
SWYNX vs. FDFPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWYNX having a 18.54% return and FDFPX slightly lower at 18.19%. 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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SWYNX vs. FDFPX - Expense Ratio Comparison
SWYNX has a 0.04% expense ratio, which is higher than FDFPX'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
SWYNX vs. FDFPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2060 Index Fund (SWYNX) and Fidelity Flex Freedom Blend 2065 Fund (FDFPX). 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
SWYNX vs. FDFPX - Dividend Comparison
SWYNX's dividend yield for the trailing twelve months is around 1.69%, more than FDFPX's 1.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SWYNX Schwab Target 2060 Index Fund | 1.69% | 2.01% | 1.95% | 1.74% | 1.62% | 1.99% | 2.16% | 1.44% | 1.23% |
FDFPX Fidelity Flex Freedom Blend 2065 Fund | 1.63% | 1.90% | 2.55% | 2.52% | 1.55% | 2.03% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWYNX vs. FDFPX - Drawdown Comparison
The maximum SWYNX drawdown since its inception was -33.36%, which is greater than FDFPX's maximum drawdown of -31.22%. Use the drawdown chart below to compare losses from any high point for SWYNX and FDFPX. For additional features, visit the drawdowns tool.
Volatility
SWYNX vs. FDFPX - Volatility Comparison
Schwab Target 2060 Index Fund (SWYNX) has a higher volatility of 3.23% compared to Fidelity Flex Freedom Blend 2065 Fund (FDFPX) at 3.04%. This indicates that SWYNX's price experiences larger fluctuations and is considered to be riskier than FDFPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.