Fund Evaluator:
Schwab MarketTrack All Equity (SWEGX)
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Best Performing in Global Aggressive Allocation Over the Last Year
| 24.7% | TOPS® Aggressive ETF 2 () |
| 23.5% | Fidelity Advisor Asset Manager 85% Z (FIQCX) |
| 23.4% | Fidelity Asset Manager 85% (FAMRX) |
| 20.6% | Invesco Select Risk: High Growth Inv Y (OYAIX) |
| 19.3% | Goldman Sachs Growth Allocation Inv (GGSTX) |
Fund Details
Schwab MarketTrack All Equity Overview
Schwab MarketTrack All Equity (SWEGX) is an actively managed Allocation Global Aggressive Allocation fund. Schwab Funds launched the fund in 1998.
The investment seeks high capital growth through an all-stock portfolio. To pursue its goal, the fund maintains a defined asset allocation. The fund's target allocation is 100% in stock investments, with certain percentages for different segments of the stock market. It is the fund's policy that, under normal circumstances, it will invest at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in stock investments; typically the actual percentage is considerably higher.
About Schwab MarketTrack All Equity (SWEGX)
There are 2 members of the management team with an average tenure of 10.93 years: Zifan Tang (2012), Patrick Kwok (2019). Management tenure is more important for actively managed funds than passive index funds.
The fund has 9 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100%, Russell RAFI Dv ex US LC TR USD index with a weighting of 5%, Russell RAFI US LC TR USD index with a weighting of 13%, Russell RAFI US SC TR USD index with a weighting of 4%, other index with a weighting of 16%, Russell 1000 Growth TR USD index with a weighting of 5%, Russell 2000 TR USD index with a weighting of 10%, MSCI EAFE NR USD index with a weighting of 13% and S&P 500 (TR) (1970) index with a weighting of 31%. Schwab MarketTrack All Equity has 12 securities in its portfolio. The top 10 holdings constitute 96.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Schwab MarketTrack All Equity is part of the Allocation global asset class and is within the Allocation fund group. Schwab MarketTrack All Equity has 34.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 64.1%. There is 34.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.1% (0.1% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Schwab MarketTrack All Equity has 0.9% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is above the $328 million average for the Global Aggressive Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SWEGX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Schwab MarketTrack All Equity expense ratio is average compared to funds in the Global Aggressive Allocation category. Schwab MarketTrack All Equity has an expense ratio of 0.51%, which is 50% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Schwab MarketTrack All Equity has a portfolio turnover rate of 20%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 30% for the Global Aggressive Allocation category.
Recently, in the month of July 2026, Schwab MarketTrack All Equity returned 0.2%, which earned it a grade of A, as the Global Aggressive Allocation category had an average return of -0.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Schwab MarketTrack All Equity has a trailing yield of 1.55%, which is above the 1.37% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Schwab MarketTrack All Equity Grades
Year to date, the fund has returned 12.0%, 1.6 percentage points better than the category, which translates into a grade of A. The fund has returned 23.2% over the past year (grade of A), 17.1% over the past three years (grade of A) and 10.5% per year over the past five years (grade of A) and 11.8% per year over the past 10 years (grade of A).
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SWEGX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SWEGX Return (NAV) | 0.2% | 3.5% | 23.2% | 17.1% | 10.5% | 11.8% |
| SWEGX Grade | A | C | A | A | A | A |
| +/- Category | 1.1% | 0.3% | 3.6% | 1.4% | 2.3% | 1.0% |
| Global Aggressive Allocation Avg | -0.9% | 3.2% | 19.6% | 15.7% | 8.2% | 10.8% |
| SWEGX Tax Cost Ratio | na | na | 1.8% | 1.6% | 1.5% | 1.4% |
SWEGX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SWEGX Return (NAV) | 12.0% | 20.8% | 14.3% | 20.9% | -16.3% | 22.7% | 11.1% | 25.6% | -9.5% | 19.8% | 13.5% |
| SWEGX Grade | A | B | C | B | A | A | F | C | C | F | A |
| +/- Category | 1.6% | 2.5% | -0.4% | 2.2% | 2.5% | 5.9% | -6.9% | 0.1% | 0.7% | -3.5% | 6.3% |
| Global Aggressive Allocation Avg | 10.5% | 18.4% | 14.7% | 18.6% | -18.8% | 16.8% | 18.0% | 25.5% | -10.3% | 23.3% | 7.2% |
| Risk Measures | |
| Standard Deviation: | 12.4% |
| Total Risk Index: | 1.01 - Average |
| Category Risk Index: | 0.98 - Average |
| Category Risk Grade: | C (52% Rank) |
| Beta: | 1.28 |
| R-Squared: | 94% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.6% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1213 Mil |
| Fund Total Assets: | $1,214 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 20% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 14.4 years | |||
| Average Tenure: 10.9 years | |||
| Managers (Year): Tang Zifan (2012), Kwok Patrick (2019) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 12 |
| % in Top 10 Holdings: | 96.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 34.9% |
Portfolio Allocation |
|
| Domestic Stock: | 64.1% |
| Foreign Stock: | 34.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.1% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.9% |
Purchase Information
| Fund Family: | Schwab Funds |
| Phone Number: | 877-824-5615 |
| Website: | www.schwab.com |
| Status: | Open |
| Inception Date: | May 20, 1998 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.51% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 1.02% |
| Share Class: | Schwab MarketTrack All Equity |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
