The Schwab Target Fund series takes a more hands-on approach by combining active and passive underlying funds, but pockets of team turnover limit expectations relative to its more efficient Schwab Target Index counterpart.
Schwab Target 2040 Fund SWERX
- NAV / 1-Day Return 21.28 / −0.79 %
- Total Assets 1.3B
-
Adj. Expense Ratio
0.480%
- Expense Ratio 0.000
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 1.87%
- Turnover 12%
USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 AM GMT+0
Morningstar’s Analysis SWERX
Will SWERX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the SWERX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SWERX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 76.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Schwab® S&P 500 Index | 19.36 | 260M | — |
Schwab International Opportunities | 11.15 | 150M | — |
Schwab® International Core Equity | 8.48 | 114M | — |
Schwab US Aggregate Bond Index | 8.04 | 108M | — |
Schwab Select Large Cap Growth | 8.02 | 108M | — |
Dodge & Cox Stock I | 5.06 | 68M | — |
Schwab Fundamental US Large Company Idx | 4.54 | 61M | — |
Schwab Global Real Estate | 3.98 | 54M | — |
Schwab Small-Cap Equity | 3.83 | 51M | — |
Schwab Core Equity | 3.73 | 50M | — |
United States