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SWYNX vs. FNILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SWYNX vs. FNILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Target 2060 Index Fund (SWYNX) and Fidelity ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
9.03%
13.46%
SWYNX
FNILX

Returns By Period

In the year-to-date period, SWYNX achieves a 16.59% return, which is significantly lower than FNILX's 26.05% return.


SWYNX

YTD

16.59%

1M

-0.35%

6M

8.07%

1Y

24.38%

5Y (annualized)

10.45%

10Y (annualized)

N/A

FNILX

YTD

26.05%

1M

1.53%

6M

12.62%

1Y

32.89%

5Y (annualized)

15.70%

10Y (annualized)

N/A

Key characteristics


SWYNXFNILX
Sharpe Ratio2.112.63
Sortino Ratio2.813.51
Omega Ratio1.421.49
Calmar Ratio3.203.78
Martin Ratio14.1717.15
Ulcer Index1.69%1.90%
Daily Std Dev11.36%12.39%
Max Drawdown-33.36%-33.75%
Current Drawdown-1.70%-1.26%

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SWYNX vs. FNILX - Expense Ratio Comparison

SWYNX has a 0.04% expense ratio, which is higher than FNILX'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%.


SWYNX
Schwab Target 2060 Index Fund
Expense ratio chart for SWYNX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%
Expense ratio chart for FNILX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between SWYNX and FNILX is 0.94, 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.

Risk-Adjusted Performance

SWYNX vs. FNILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2060 Index Fund (SWYNX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.


Sharpe ratio
The chart of Sharpe ratio for SWYNX, currently valued at 2.11, compared to the broader market-1.000.001.002.003.004.005.002.112.63
The chart of Sortino ratio for SWYNX, currently valued at 2.81, compared to the broader market0.005.0010.002.813.51
The chart of Omega ratio for SWYNX, currently valued at 1.42, compared to the broader market1.002.003.004.001.421.49
The chart of Calmar ratio for SWYNX, currently valued at 3.20, compared to the broader market0.005.0010.0015.0020.0025.003.203.78
The chart of Martin ratio for SWYNX, currently valued at 14.17, compared to the broader market0.0020.0040.0060.0080.00100.0014.1717.15
SWYNX
FNILX

The current SWYNX Sharpe Ratio is 2.11, which is comparable to the FNILX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of SWYNX and FNILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.11
2.63
SWYNX
FNILX

Dividends

SWYNX vs. FNILX - Dividend Comparison

SWYNX's dividend yield for the trailing twelve months is around 1.72%, more than FNILX's 1.06% yield.


TTM20232022202120202019201820172016
SWYNX
Schwab Target 2060 Index Fund
1.72%2.01%1.95%1.74%1.62%1.99%2.16%1.44%1.23%
FNILX
Fidelity ZERO Large Cap Index Fund
1.06%1.34%1.53%0.95%1.20%1.17%0.41%0.00%0.00%

Drawdowns

SWYNX vs. FNILX - Drawdown Comparison

The maximum SWYNX drawdown since its inception was -33.36%, roughly equal to the maximum FNILX drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for SWYNX and FNILX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.70%
-1.26%
SWYNX
FNILX

Volatility

SWYNX vs. FNILX - Volatility Comparison

The current volatility for Schwab Target 2060 Index Fund (SWYNX) is 2.92%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.14%. This indicates that SWYNX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.92%
4.14%
SWYNX
FNILX