SWYNX vs. FHNEX
Compare and contrast key facts about Schwab Target 2060 Index Fund (SWYNX) and Fidelity Advisor Freedom Blend 2060 Fund Class A (FHNEX).
SWYNX is managed by Charles Schwab. It was launched on Aug 24, 2016. FHNEX is managed by Fidelity. It was launched on Aug 31, 2018.
Performance
SWYNX vs. FHNEX - Performance Comparison
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SWYNX vs. FHNEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SWYNX Schwab Target 2060 Index Fund | -3.91% | 20.19% | 14.71% | 23.96% | -17.93% | 18.84% | 14.88% | 26.10% | -13.98% |
FHNEX Fidelity Advisor Freedom Blend 2060 Fund Class A | -3.71% | 22.27% | 16.12% | 20.16% | -19.23% | 15.95% | 17.45% | 26.10% | -13.42% |
Returns By Period
In the year-to-date period, SWYNX achieves a -3.91% return, which is significantly lower than FHNEX's -3.71% return.
SWYNX
- 1D
- -0.28%
- 1M
- -8.40%
- YTD
- -3.91%
- 6M
- -1.11%
- 1Y
- 16.40%
- 3Y*
- 15.46%
- 5Y*
- 8.73%
- 10Y*
- —
FHNEX
- 1D
- -0.27%
- 1M
- -9.13%
- YTD
- -3.71%
- 6M
- -0.45%
- 1Y
- 17.92%
- 3Y*
- 15.32%
- 5Y*
- 7.94%
- 10Y*
- —
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SWYNX vs. FHNEX - Expense Ratio Comparison
SWYNX has a 0.04% expense ratio, which is lower than FHNEX's 0.74% expense ratio.
Return for Risk
SWYNX vs. FHNEX — Risk / Return Rank
SWYNX
FHNEX
SWYNX vs. FHNEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2060 Index Fund (SWYNX) and Fidelity Advisor Freedom Blend 2060 Fund Class A (FHNEX). 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.
| SWYNX | FHNEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 1.12 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.62 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.30 | 1.41 | -0.12 |
Martin ratioReturn relative to average drawdown | 6.20 | 6.40 | -0.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWYNX | FHNEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.12 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.54 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.56 | +0.07 |
Correlation
The correlation between SWYNX and FHNEX is 0.97, 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.
Dividends
SWYNX vs. FHNEX - Dividend Comparison
SWYNX's dividend yield for the trailing twelve months is around 2.00%, less than FHNEX's 2.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWYNX Schwab Target 2060 Index Fund | 2.00% | 1.92% | 1.97% | 4.00% | 1.96% | 1.77% | 1.66% | 1.99% | 0.00% | 1.45% |
FHNEX Fidelity Advisor Freedom Blend 2060 Fund Class A | 2.33% | 2.24% | 4.92% | 1.84% | 5.79% | 7.88% | 3.98% | 2.71% | 1.63% | 0.00% |
Drawdowns
SWYNX vs. FHNEX - Drawdown Comparison
The maximum SWYNX drawdown since its inception was -31.91%, roughly equal to the maximum FHNEX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for SWYNX and FHNEX.
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Drawdown Indicators
| SWYNX | FHNEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.91% | -31.34% | -0.57% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -11.38% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.90% | -27.96% | +2.06% |
Current DrawdownCurrent decline from peak | -9.01% | -9.70% | +0.69% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -6.18% | +1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.51% | -0.12% |
Volatility
SWYNX vs. FHNEX - Volatility Comparison
The current volatility for Schwab Target 2060 Index Fund (SWYNX) is 4.97%, while Fidelity Advisor Freedom Blend 2060 Fund Class A (FHNEX) has a volatility of 5.55%. This indicates that SWYNX experiences smaller price fluctuations and is considered to be less risky than FHNEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWYNX | FHNEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.97% | 5.55% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 8.88% | 9.47% | -0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.01% | 16.01% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.29% | 14.91% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.63% | 16.90% | -0.27% |