SWYNX vs. PLWIX
SWYNX (Schwab Target 2060 Index Fund) and PLWIX (Principal LifeTime 2020 Fund) are both Target Retirement Date funds. Over the past 5 years, SWYNX returned 10.27%/yr vs 4.88%/yr for PLWIX. Their correlation of 0.94 means they have usually moved in the same direction. SWYNX charges 0.08%/yr vs 0.01%/yr for PLWIX.
Performance
SWYNX vs. PLWIX - Performance Comparison
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Returns By Period
In the year-to-date period, SWYNX achieves a 11.34% return, which is significantly higher than PLWIX's 3.96% return.
SWYNX
- 1D
- 1.79%
- 1M
- -0.40%
- 6M
- 8.21%
- YTD
- 11.34%
- 1Y
- 22.81%
- 3Y*
- 17.74%
- 5Y*
- 10.27%
- 10Y*
- —
- ALL TIME*
- 11.82%
PLWIX
- 1D
- 0.72%
- 1M
- -0.16%
- 6M
- 2.52%
- YTD
- 3.96%
- 1Y
- 9.09%
- 3Y*
- 10.38%
- 5Y*
- 4.88%
- 10Y*
- 7.07%
- ALL TIME*
- 5.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SWYNX vs. PLWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWYNX Schwab Target 2060 Index Fund | 11.34% | 20.19% | 14.71% | 23.96% | -17.93% | 18.84% | 14.88% | 26.10% | -9.98% | 20.36% |
PLWIX Principal LifeTime 2020 Fund | 3.96% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% | 18.40% | -5.72% | 14.96% |
Correlation
The correlation between SWYNX and PLWIX is 0.95, 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. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.94 |
The correlation between SWYNX and PLWIX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
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Return for Risk
SWYNX vs. PLWIX — Risk / Return Rank
SWYNX
PLWIX
SWYNX vs. PLWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2060 Index Fund (SWYNX) and Principal LifeTime 2020 Fund (PLWIX). 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.
| SWYNX | PLWIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 1.81 | +0.50 |
| Martin ratioReturn relative to average drawdown | 9.96 | 7.75 | +2.21 |
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Drawdowns
SWYNX vs. PLWIX - Drawdown Comparison
The maximum SWYNX drawdown since its inception was -31.91%, smaller than the maximum PLWIX drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for SWYNX and PLWIX.
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Drawdown Indicators
| SWYNX | PLWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.91% | -49.07% | +17.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | -4.75% | -4.26% |
Max Drawdown (3Y)Largest decline over 3 years | -15.75% | -6.97% | -8.78% |
Max Drawdown (5Y)Largest decline over 5 years | -25.90% | -19.73% | -6.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.29% | — |
Current DrawdownCurrent decline from peak | -1.38% | -0.71% | -0.67% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -5.69% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.11% | +0.98% |
Volatility
SWYNX vs. PLWIX - Volatility Comparison
Schwab Target 2060 Index Fund (SWYNX) has a higher volatility of 3.54% compared to Principal LifeTime 2020 Fund (PLWIX) at 1.73%. This indicates that SWYNX's price experiences larger fluctuations and is considered to be riskier than PLWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWYNX | PLWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 1.73% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 10.72% | 5.32% | +5.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.91% | 6.39% | +6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.53% | 8.29% | +7.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.57% | 8.52% | +8.05% |
SWYNX vs. PLWIX - Expense Ratio Comparison
SWYNX has a 0.08% expense ratio, which is higher than PLWIX's 0.01% 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%.
Dividends
SWYNX vs. PLWIX - Dividend Comparison
SWYNX's dividend yield for the trailing twelve months is around 1.73%, less than PLWIX's 9.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLWIX Principal LifeTime 2020 Fund | 9.70% | 10.08% | 11.91% | 5.12% | 9.82% | 9.40% | 5.90% | 8.69% | 7.35% | 5.74% | 3.73% | 8.75% |
SWYNX Schwab Target 2060 Index Fund | 1.73% | 1.92% | 1.97% | 4.00% | 1.96% | 1.77% | 1.66% | 1.99% | 0.00% | 1.45% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, SWYNX and PLWIX 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.
SWYNX has higher volatility (3.54%) compared to PLWIX (1.73%). In terms of maximum drawdown, SWYNX dropped -31.91% vs PLWIX's -49.07%.
SWYNX currently has the higher Sharpe Ratio (1.62 vs 1.35), 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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