Schwab Fundamental U.S. Small Co. Index ETF
ALTAR
Score™
6.5% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
72.9x P/Sales
ratio
0.9x
P/BV
ratio
1.6x Div.
yield
1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab Fundamental U.S. Small Company Index ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Small Company Index.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Mana
Website www.schwabetfs.com
Inception date Aug 15, 2013
Assets (mns) $3,389
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust Co
Weighting Fundamental
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 929
Wgt avg mkt cap (mns) $5,905
Large cap (>$10bn) 11.2%
Mid cap ($2-10bn) 48.6%
Small cap (<$2bn) 40.1%
Developed mkts 99.6%
Emerging mkts 0.4%

TOP TEN HOLDINGS
TUPPERWARE BRANDS CORP 0.9 %
FOSSIL INC 0.4 %
TESLA MOTORS INC 0.4 %
COOPER-STANDARD HOLDING 0.4 %
FIRST SOLAR INC 0.3 %
SVB FINANCIAL GROUP 0.3 %
PENN NATIONAL GAMING INC 0.3 %
CLEVELAND-CLIFFS INC 0.3 %
COVETRUS, INC. 0.3 %
COMMUNITY HEALTH SYSTEMS INC 0.3 %
Total 3.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.6 %
BRITAIN 1.0 %
BERMUDA 0.7 %
PUERTO RICO 0.5 %
NETHERLANDS 0.4 %
IRELAND 0.3 %
CAYMAN ISLANDS 0.3 %
CANADA 0.3 %
BRAZIL 0.2 %
LUXEMBOURG 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.0% -10.5% 4.6% -- 6.4%

Market Correlations
versus... Beta R-squared
S&P500 1.26 86%
MSCI EAFE 1.32 79%
MSCI Emg. Mkts. 0.99 68%

Technical Indicators
Recent close $39.50
30d moving avg. $36.38
Annualized volatility 24.3%
Short interest (ETF) 0.0%
Short interest (Underlying) 6.0%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 219
Turnover 0.3%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $46,496

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Schwab Fundamental U.S. Small Co. Index ETF ETF based on the alternatives' overlap in portfolio holdings with FNDA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FNDA Expense: 25 bp ALTAR Score™: 6.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FNDA
Ticker Fund
Name
Overlap1
vs FNDA
(%)
Expense
ratio
(bp)
Savings
vs FNDA
(bp)
ALTAR
Score™
(%)
ALTAR
vs FNDA
(%)
IUSS Invesco Strategic US Small Company ETF 59.6 23 2 4.6 -1.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 49.8 39 -14 4.2 -2.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 43.4 6 19 4.6 -1.9
SCHA Schwab U.S. Small-Cap ETF 42.6 4 21 4.3 -2.2
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 40.4 17 8 4.4 -2.1
IWN iShares Russell 2000 Value ETF 39.5 24 1 6.0 -0.5
VB Vanguard Small-Cap ETF 39.3 5 20 5.0 -1.5
IWM iShares Russell 2000 ETF 39.0 19 6 3.0 -3.4
VTWO Vanguard Russell 2000 Index Fund 38.7 10 15 3.1 -3.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 37.9 20 5 4.3 -2.1
VBR Vanguard Small Cap Value Index Fund 37.8 7 18 7.4 +0.9
BKSE BNY Mellon US Small Cap Core Equity ETF 36.6 4 21 5.2 -1.2
VTWV Vanguard Russell 2000 Value Index Fund 36.0 15 10 6.1 -0.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 34.7 29 -4 4.6 -1.9
EZM WisdomTree U.S. MidCap Earnings Fund 32.9 38 -13 7.9 +1.4
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 32.6 40 -15 6.4 -0.1
EWMC Invesco S&P MidCap 400 Equal Weight ETF 32.3 40 -15 6.4 -0.1
VXF Vanguard Extended Market Index Fund 32.1 6 19 3.0 -3.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 32.1 39 -14 6.1 -0.4
FSMD Fidelity Small-Mid Factor ETF 31.7 29 -4 5.8 -0.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 31.2 7 18 4.7 -1.7
SPSM SPDR Portfolio Small Cap ETF 30.4 5 20 6.6 +0.1
IJR iShares Core S&P Small Cap ETF 30.4 6 19 6.5 +0.1
SLY SPDR S&P 600 Small Cap ETF 30.4 15 10 6.5 -0.0
VIOO Vanguard S&P Small-Cap 600 ETF 30.2 10 15 6.3 -0.2
SPMD SPDR Portfolio Mid Cap ETF 30.1 5 20 6.0 -0.5
IJH iShares Core S&P Mid-Cap ETF 30.1 5 20 6.0 -0.5
MDY SPDR S&P Midcap 400 ETF Trust 30.1 23 2 5.8 -0.7
IVOO Vanguard S&P Mid-Cap 400 ETF 29.8 10 15 5.9 -0.5
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 29.0 35 -10 7.0 +0.6
SSLY Syntax Stratified SmallCap ETF 28.5 30 -5 5.9 -0.6
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 27.9 29 -4 5.6 -0.8
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 27.7 35 -10 7.2 +0.7
SMDY Syntax Stratified MidCap ETF 27.7 30 -5 6.0 -0.4
TPSC Timothy Plan US Small Cap Core ETF 27.6 52 -27 6.7 +0.2
IJS iShares S&P Small-cap 600 Value ETF 27.5 25 0 7.9 +1.4
SLYV SPDR S&P 600 Small Cap Value ETF 27.5 15 10 8.1 +1.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 27.5 15 10 7.8 +1.3
EES WisdomTree SmallCap Earnings Fund 27.4 38 -13 9.3 +2.8
FYX First Trust Small Cap Core AlphaDEX Fund 26.8 63 -38 6.7 +0.2
RNSC Small Cap US Equity Select ETF 25.7 60 -35 7.1 +0.6
STSB iShares Factors US Small Blend Style ETF 25.7 35 -10 3.1 -3.4
RWK Invesco S&P MidCap 400 Revenue ETF 25.1 39 -14 7.1 +0.6
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 25.0 24 1 6.1 -0.4
VFQY Vanguard U.S. Quality Factor ETF 24.4 13 12 6.0 -0.5
VFLQ Vanguard U.S. Liquidity Factor ETF 24.2 14 11 3.8 -2.7
SFYX Sofi Next 500 ETF 24.1 0 25 5.4 -1.1
AVUV Avantis U.S. Small Cap Value ETF 23.9 25 0 7.2 +0.7
SCHM Schwab U.S. Mid-Cap ETF 23.6 4 21 5.5 -1.0
CSML IQ Chaikin U.S. Small Cap ETF 23.5 35 -10 3.6 -2.9
VFVA Vanguard U.S. Value Factor ETF 23.4 14 11 9.8 +3.4
FAB First Trust Multi Cap Value AlphaDEX Fund 23.3 71 -46 8.6 +2.1
MDYV SPDR S&P 400 Mid Cap Value ETF 23.3 15 10 7.5 +1.1
IJJ iShares S&P Mid-Cap 400 Value ETF 23.2 25 0 7.4 +1.0
NUSC Nuveen ESG Small-Cap ETF 22.9 40 -15 4.4 -2.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 22.8 15 10 7.6 +1.1
TUSA First Trust Total US Market AlphaDEX ETF 22.4 70 -45 5.5 -1.0
FNX First Trust Mid Cap Core AlphaDEX Fund 22.4 61 -36 5.9 -0.6
DES WisdomTree U.S. SmallCap Dividend Fund 22.1 38 -13 7.7 +1.2
VBK Vanguard Small-Cap Growth Index Fund 22.1 7 18 2.0 -4.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 21.9 30 -5 7.0 +0.6
PSC Principal U.S. Small Cap Index ETF 21.9 38 -13 5.5 -0.9
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 21.6 20 5 8.1 +1.6
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 21.1 35 -10 5.5 -1.0
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 21.0 29 -4 6.3 -0.2
VFMF Vanguard U.S. Multifactor ETF 20.8 19 6 6.7 +0.2
AFSM First Trust Active Factor Small Cap ETF 20.6 75 -50 5.2 -1.2
EQAL Invesco Russell 1000 Equal Weight ETF 20.6 20 5 5.4 -1.1
JHMM John Hancock Multifactor Mid Cap ETF 20.5 42 -17 5.1 -1.3
RNMC Mid Cap US Equity Select ETF 20.2 60 -35 6.5 +0.1
FYT First Trust Small Cap Value AlphaDEX Fund 20.1 72 -47 9.7 +3.2
JKJ iShares Morningstar Small-Cap ETF 20.1 25 0 5.8 -0.7
ISMD Inspire Small/Mid Cap Impact ETF 19.8 60 -35 4.4 -2.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 19.6 66 -41 2.0 -4.5
MDYG SPDR S&P 400 Mid Cap Growth ETF 19.3 15 10 4.7 -1.8
IJK iShares S&P Mid-Cap 400 Growth ETF 19.3 24 1 4.6 -1.9
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 19.0 12 13 6.8 +0.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 18.9 15 10 4.7 -1.8
JHSC John Hancock Multifactor Small Cap ETF 18.9 42 -17 5.1 -1.4
DON WisdomTree U.S. MidCap Dividend Fund 18.8 38 -13 7.0 +0.5
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 18.3 29 -4 -0.4 -6.8
SMMD iShares Russell 2500 ETF 18.1 15 10 5.3 -1.2
BFOR Barron's 400 ETF 18.0 65 -40 6.2 -0.3
IWR iShares Russell Midcap ETF 17.9 19 6 5.1 -1.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 17.9 25 0 5.8 -0.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 17.6 39 -14 5.0 -1.5
IWO iShares Russell 2000 Growth ETF 17.4 24 1 -0.1 -6.5
VTWG Vanguard Russell 2000 Growth Index Fund 16.8 15 10 -0.0 -6.5
AFMC First Trust Active Factor Mid Cap ETF 16.7 65 -40 5.9 -0.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 16.0 16 9 4.9 -1.6
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 15.9 20 5 4.5 -2.0
SLYG SPDR S&P 600 Small Cap Growth ETF 15.8 15 10 5.1 -1.4
IJT iShares S&P Small-Cap 600 Growth ETF 15.8 25 0 5.0 -1.5
IWS iShares Russell Mid-Cap Value ETF 15.5 24 1 6.4 -0.1
ONEO SPDR Russell 1000 Momentum Focus ETF 15.2 20 5 6.0 -0.5
JKL iShares Morningstar Small Cap Value ETF 15.2 30 -5 8.7 +2.3
VFMO Vanguard U.S. Momentum Factor ETF 14.8 13 12 0.3 -6.2
ROGS Hartford Multifactor Global Small Cap ETF 14.8 34 -9 7.5 +1.0
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 14.0 17 8 6.0 -0.5
AVUS Avantis U.S. Equity ETF 13.7 15 10 5.2 -1.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Schwab Fundamental U.S. Small Co. Index ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.9 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 CATEGORY
AVERAGE
1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.