Fund Evaluator:
Schwab MarketTrack Growth (SWHGX)
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Best Performing in Global Moderately Aggressive Allocation Over the Last Year
| 21.6% | TOPS® Moderately Aggressive ETF 2 () |
| 21.4% | Victory Cornerstone Aggressive (UCAGX) |
| 19.9% | Fidelity Advisor Asset Manager 70% Z (FIQBX) |
| 19.8% | Fidelity Asset Manager 70% (FASGX) |
| 19.8% | Fidelity Multi-Asset Index (FFNOX) |
Fund Details
Schwab MarketTrack Growth Overview
Schwab MarketTrack Growth (SWHGX) is an actively managed Allocation Global Moderately Aggressive Allocation fund. Schwab Funds launched the fund in 1995.
The investment seeks high capital growth with less volatility than an all-stock portfolio. To pursue its goal, the fund maintains a defined asset allocation. The fund's target allocation includes stock, bond and cash investments. Its allocation focuses on stock investments, while including some bonds and cash investments in seeking to reduce the fund's volatility. The fund seeks to remain close to the target allocations of approximately 80% equity, 16% fixed income and 4% cash and cash equivalents (including money market funds).
About Schwab MarketTrack Growth (SWHGX)
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 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Bloomberg US Agg Bond TR USD index with a weighting of 100%. Schwab MarketTrack Growth has 14 securities in its portfolio. The top 10 holdings constitute 91.6% 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 Growth is part of the Allocation global asset class and is within the Allocation fund group. Schwab MarketTrack Growth has 26.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 54.4%. There is 25.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 15.8% (14.7% domestic bond, 1.1% foreign bond and 0.0% convertible bond). Schwab MarketTrack Growth has 4.6% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $1 billion average for the Global Moderately 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.
SWHGX 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 Growth expense ratio is average compared to funds in the Global Moderately Aggressive Allocation category. Schwab MarketTrack Growth has an expense ratio of 0.49%, which is 51% 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 Growth has a portfolio turnover rate of 18%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 32% for the Global Moderately Aggressive Allocation category.
Recently, in the month of July 2026, Schwab MarketTrack Growth returned -0.1%, which earned it a grade of C, as the Global Moderately Aggressive Allocation category had an average return of 0.2%. 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 Growth has a trailing yield of 1.85%, which is below the 1.98% 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 Growth Grades
Year to date, the fund has returned 9.5%, 0.3 percentage points worse than the category, which translates into a grade of C. The fund has returned 18.7% over the past year (grade of B), 14.4% over the past three years (grade of B) and 8.6% per year over the past five years (grade of B) and 10.0% per year over the past 10 years (grade of A).
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SWHGX 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 |
|
| SWHGX Return (NAV) | -0.1% | 2.8% | 18.7% | 14.4% | 8.6% | 10.0% |
| SWHGX Grade | C | D | B | B | B | A |
| +/- Category | -0.3% | -0.1% | 0.4% | 0.4% | 0.8% | 1.1% |
| Global Moderately Aggressive Allocation Avg | 0.2% | 2.9% | 18.4% | 14.0% | 7.8% | 8.9% |
| SWHGX Tax Cost Ratio | na | na | 2.3% | 2.2% | 1.8% | 1.6% |
SWHGX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SWHGX Return (NAV) | 9.5% | 17.5% | 12.2% | 17.8% | -15.1% | 18.1% | 11.0% | 22.3% | -7.2% | 16.1% | 11.3% |
| SWHGX Grade | C | B | B | A | B | A | D | C | B | D | A |
| +/- Category | -0.3% | -0.3% | 1.0% | 3.6% | -0.8% | 2.7% | 0.2% | 1.4% | 0.8% | -0.6% | 3.7% |
| Global Moderately Aggressive Allocation Avg | 9.8% | 17.8% | 11.2% | 14.2% | -14.3% | 15.4% | 10.8% | 20.9% | -7.9% | 16.7% | 7.6% |
| Risk Measures | |
| Standard Deviation: | 10.6% |
| Total Risk Index: | 0.87 - Average |
| Category Risk Index: | 1.01 - Average |
| Category Risk Grade: | C (45% Rank) |
| Beta: | 1.11 |
| R-Squared: | 95% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 1.9% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1123 Mil |
| Fund Total Assets: | $1,123 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 18% |
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: | 14 |
| % in Top 10 Holdings: | 91.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 26.3% |
Portfolio Allocation |
|
| Domestic Stock: | 54.4% |
| Foreign Stock: | 25.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 14.7% |
| Foreign Bond: | 1.1% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.6% |
Purchase Information
| Fund Family: | Schwab Funds |
| Phone Number: | 877-824-5615 |
| Website: | www.schwab.com |
| Status: | Open |
| Inception Date: | November 20, 1995 |
| 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 (%): | 0.49% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 1.00% |
| Share Class: | Schwab MarketTrack Growth |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
