VFORX vs. SWYGX
Compare and contrast key facts about Vanguard Target Retirement 2040 Fund (VFORX) and Schwab Target 2040 Index Fund (SWYGX).
VFORX is managed by Vanguard. It was launched on Jun 7, 2006. SWYGX is managed by Charles Schwab. It was launched on Aug 24, 2016.
Performance
VFORX vs. SWYGX - Performance Comparison
Loading graphics...
VFORX vs. SWYGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VFORX Vanguard Target Retirement 2040 Fund | -3.32% | 18.77% | 12.90% | 18.56% | -17.00% | 14.55% | 15.48% | 23.86% | -7.32% | 18.45% |
SWYGX Schwab Target 2040 Index Fund | -3.28% | 17.57% | 12.83% | 19.45% | -16.94% | 15.68% | 14.19% | 23.63% | -6.62% | 19.12% |
Returns By Period
The year-to-date returns for both investments are quite close, with VFORX having a -3.32% return and SWYGX slightly higher at -3.28%.
VFORX
- 1D
- -0.14%
- 1M
- -7.37%
- YTD
- -3.32%
- 6M
- -0.71%
- 1Y
- 15.06%
- 3Y*
- 13.11%
- 5Y*
- 7.08%
- 10Y*
- 9.48%
SWYGX
- 1D
- -0.10%
- 1M
- -7.11%
- YTD
- -3.28%
- 6M
- -0.84%
- 1Y
- 14.04%
- 3Y*
- 12.98%
- 5Y*
- 7.21%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VFORX vs. SWYGX - Expense Ratio Comparison
VFORX has a 0.08% expense ratio, which is higher than SWYGX's 0.04% 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%.
Return for Risk
VFORX vs. SWYGX — Risk / Return Rank
VFORX
SWYGX
VFORX vs. SWYGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2040 Fund (VFORX) and Schwab Target 2040 Index Fund (SWYGX). 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.
| VFORX | SWYGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 1.08 | +0.15 |
Sortino ratioReturn per unit of downside risk | 1.76 | 1.58 | +0.17 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.23 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.55 | 1.36 | +0.20 |
Martin ratioReturn relative to average drawdown | 7.04 | 6.48 | +0.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VFORX | SWYGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 1.08 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.55 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.67 | -0.20 |
Correlation
The correlation between VFORX and SWYGX 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.
Dividends
VFORX vs. SWYGX - Dividend Comparison
VFORX's dividend yield for the trailing twelve months is around 2.86%, more than SWYGX's 2.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFORX Vanguard Target Retirement 2040 Fund | 2.86% | 2.77% | 2.86% | 2.38% | 2.60% | 20.68% | 2.06% | 2.28% | 2.58% | 0.04% | 2.40% | 2.99% |
SWYGX Schwab Target 2040 Index Fund | 2.31% | 2.23% | 2.28% | 2.06% | 2.03% | 1.80% | 1.72% | 1.95% | 2.21% | 1.44% | 1.13% | 0.00% |
Drawdowns
VFORX vs. SWYGX - Drawdown Comparison
The maximum VFORX drawdown since its inception was -51.63%, which is greater than SWYGX's maximum drawdown of -27.62%. Use the drawdown chart below to compare losses from any high point for VFORX and SWYGX.
Loading graphics...
Drawdown Indicators
| VFORX | SWYGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.63% | -27.62% | -24.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.88% | -9.55% | +0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -24.32% | -24.07% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -29.35% | — | — |
Current DrawdownCurrent decline from peak | -7.70% | -7.50% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -6.82% | -4.23% | -2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 2.00% | -0.04% |
Volatility
VFORX vs. SWYGX - Volatility Comparison
Vanguard Target Retirement 2040 Fund (VFORX) and Schwab Target 2040 Index Fund (SWYGX) have volatilities of 4.11% and 4.13%, 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.
Loading graphics...
Volatility by Period
| VFORX | SWYGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 4.13% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.24% | 7.27% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.42% | 13.25% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.35% | 13.10% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.64% | 14.05% | -0.41% |