SWYNX vs. SCHG
Compare and contrast key facts about Schwab Target 2060 Index Fund (SWYNX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
SWYNX is managed by Schwab Funds. It was launched on Aug 24, 2016. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYNX or SCHG.
Key characteristics
| SWYNX | SCHG | |
|---|---|---|
| YTD Return | 18.54% | 34.56% |
| 1Y Return | 30.67% | 44.80% |
| 3Y Return (Ann) | 5.53% | 11.31% |
| 5Y Return (Ann) | 10.91% | 21.01% |
| Sharpe Ratio | 2.76 | 2.80 |
| Sortino Ratio | 3.66 | 3.58 |
| Omega Ratio | 1.56 | 1.51 |
| Calmar Ratio | 3.06 | 3.87 |
| Martin Ratio | 19.23 | 15.40 |
| Ulcer Index | 1.67% | 3.10% |
| Daily Std Dev | 11.62% | 16.96% |
| Max Drawdown | -33.36% | -34.59% |
| Current Drawdown | -0.05% | 0.00% |
Correlation
The correlation between SWYNX and SCHG is 0.86, 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. SCHG - Performance Comparison
In the year-to-date period, SWYNX achieves a 18.54% return, which is significantly lower than SCHG's 34.56% 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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SWYNX vs. SCHG - Expense Ratio Comparison
Both SWYNX and SCHG 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
SWYNX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2060 Index Fund (SWYNX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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. SCHG - Dividend Comparison
SWYNX's dividend yield for the trailing twelve months is around 1.69%, more than SCHG's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWYNX Schwab Target 2060 Index Fund | 1.69% | 2.01% | 1.95% | 1.74% | 1.62% | 1.99% | 2.16% | 1.44% | 1.23% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
SWYNX vs. SCHG - Drawdown Comparison
The maximum SWYNX drawdown since its inception was -33.36%, roughly equal to the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for SWYNX and SCHG. For additional features, visit the drawdowns tool.
Volatility
SWYNX vs. SCHG - Volatility Comparison
The current volatility for Schwab Target 2060 Index Fund (SWYNX) is 3.23%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.35%. This indicates that SWYNX experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.