The Schwab Target Index target-date series boasts extremely low fees and solid passive building blocks. The series is run by an adequately resourced team. Its glide path is supported by significant research, though it doesn't stand out much from the pack. The series' single share class earns a Morningstar Analyst Rating of Bronze.
Will SWYAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SWYAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SWYAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SWYAX’s parent organization’s priorities and whether they’re in line with investors’ interests.