SWYNX vs. SWPRX
Compare and contrast key facts about Schwab Target 2060 Index Fund (SWYNX) and Schwab Target 2060 Fund (SWPRX).
SWYNX is managed by Schwab Funds. It was launched on Aug 24, 2016. SWPRX is managed by Charles Schwab. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWYNX or SWPRX.
Performance
SWYNX vs. SWPRX - Performance Comparison
Returns By Period
In the year-to-date period, SWYNX achieves a 16.71% return, which is significantly higher than SWPRX's 15.87% return.
SWYNX
16.71%
-0.91%
7.65%
24.04%
10.51%
N/A
SWPRX
15.87%
-1.10%
6.30%
23.02%
9.89%
N/A
Key characteristics
| SWYNX | SWPRX | |
|---|---|---|
| Sharpe Ratio | 2.19 | 2.06 |
| Sortino Ratio | 2.91 | 2.72 |
| Omega Ratio | 1.44 | 1.41 |
| Calmar Ratio | 3.34 | 2.34 |
| Martin Ratio | 14.77 | 13.48 |
| Ulcer Index | 1.69% | 1.77% |
| Daily Std Dev | 11.37% | 11.59% |
| Max Drawdown | -33.36% | -34.43% |
| Current Drawdown | -1.60% | -1.88% |
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SWYNX vs. SWPRX - Expense Ratio Comparison
SWYNX has a 0.04% expense ratio, which is higher than SWPRX'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%.
Correlation
The correlation between SWYNX and SWPRX is 0.98, 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. SWPRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2060 Index Fund (SWYNX) and Schwab Target 2060 Fund (SWPRX). 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. SWPRX - Dividend Comparison
SWYNX's dividend yield for the trailing twelve months is around 1.72%, more than SWPRX's 1.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SWYNX Schwab Target 2060 Index Fund | 1.72% | 2.01% | 1.95% | 1.74% | 1.62% | 1.99% | 2.16% | 1.44% | 1.23% |
SWPRX Schwab Target 2060 Fund | 1.59% | 1.84% | 1.65% | 2.93% | 0.94% | 1.82% | 2.58% | 2.42% | 1.11% |
Drawdowns
SWYNX vs. SWPRX - Drawdown Comparison
The maximum SWYNX drawdown since its inception was -33.36%, roughly equal to the maximum SWPRX drawdown of -34.43%. Use the drawdown chart below to compare losses from any high point for SWYNX and SWPRX. For additional features, visit the drawdowns tool.
Volatility
SWYNX vs. SWPRX - Volatility Comparison
Schwab Target 2060 Index Fund (SWYNX) and Schwab Target 2060 Fund (SWPRX) have volatilities of 2.93% and 2.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.