Schwab Fundamental U.S. Broad Market Index ETF
ALTAR
Score™
5.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
30.3x P/Sales
ratio
1.3x
P/BV
ratio
2.2x Div.
yield
2.2%


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

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Mana
Website www.schwabetfs.com
Inception date Aug 15, 2013
Assets (mns) $277
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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1624
Wgt avg mkt cap (mns) $267,113
Large cap (>$10bn) 82.2%
Mid cap ($2-10bn) 13.9%
Small cap (<$2bn) 3.9%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
APPLE INC 4.7 %
EXXON MOBIL CORP 2.0 %
MICROSOFT CORP 1.6 %
JPMORGAN CHASE & CO 1.5 %
AT&T INC 1.3 %
CHEVRON CORP 1.2 %
BERKSHIRE HATHAWAY INC-CL B 1.1 %
WELLS FARGO & CO 1.1 %
VERIZON COMMUNICATIONS INC 1.1 %
WAL-MART STORES INC 1.1 %
Total 16.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.7 %
IRELAND 1.6 %
BRITAIN 1.2 %
SWITZERLAND 0.4 %
BERMUDA 0.4 %
NETHERLANDS 0.2 %
SINGAPORE 0.1 %
CHINA 0.1 %
PUERTO RICO 0.0 %
PERU 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
9.4% 9.4% 12.0% -- 11.4%

Market Correlations
versus... Beta R-squared
S&P500 1.11 96%
MSCI EAFE 1.08 90%
MSCI Emg. Mkts. 0.85 71%

Technical Indicators
Recent close $47.01
30d moving avg. $45.37
Annualized volatility 21.3%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.9%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.3%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $304,205

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the Schwab Fundamental U.S. Broad Market Index ETF ETF based on the alternatives' overlap in portfolio holdings with FNDB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FNDB Expense: 25 bp ALTAR Score™: 5.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FNDB
Ticker Fund
Name
Overlap1
vs FNDB
(%)
Expense
ratio
(bp)
Savings
vs FNDB
(bp)
ALTAR
Score™
(%)
ALTAR
vs FNDB
(%)
FNDX Schwab Fundamental U.S. Large Co. Index ETF 90.9 25 0 5.8 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 86.2 39 -14 5.8 +0.1
VLU SPDR S&P 1500 Value Tilt ETF 76.4 12 13 6.1 +0.5
IUS Invesco Strategic US ETF 71.3 19 6 5.5 -0.2
IUSV iShares Core S&P U.S. Value ETF 66.3 4 21 6.4 +0.8
RWL Invesco S&P 500 Revenue ETF 65.9 39 -14 6.2 +0.6
VTHR Vanguard Russell 3000 Index Fund 65.3 10 15 4.4 -1.3
SPTM SPDR Portfolio Total Stock Market ETF 65.3 3 22 4.8 -0.9
VOOV Vanguard S&P 500 Value ETF 65.0 10 15 6.6 +0.9
SCHB Schwab U.S. Broad Market ETF 64.1 3 22 4.5 -1.2
IWV iShares Russell 3000 ETF 64.0 20 5 4.3 -1.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 63.9 3 22 4.4 -1.3
DFAU Dimensional US Core Equity Market ETF 63.7 12 13 4.7 -1.0
AVUS Avantis U.S. Equity ETF 63.5 15 10 4.8 -0.8
VONV Vanguard Russell 1000 Value Index Fund 63.4 8 17 6.1 +0.5
ESGV Vanguard ESG U.S. Stock ETF 63.3 12 13 4.5 -1.2
SCHK Schwab 1000 Index ETF 63.3 5 20 4.6 -1.1
IYY iShares Dow Jones U.S. ETF 63.2 20 5 4.4 -1.2
IWB iShares Russell 1000 ETF 62.8 15 10 4.5 -1.2
DIVB iShares U.S. Dividend & Buyback ETF 62.7 25 0 5.9 +0.2
VTI Vanguard Total Stock Market Index Fund 62.7 3 22 4.4 -1.2
SPYV SPDR Portfolio S&P 500 Value ETF 62.6 4 21 6.4 +0.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 62.6 25 0 4.9 -0.8
IVE iShares S&P 500 Value ETF 62.6 18 7 6.3 +0.6
PBP Invesco S&P 500 BuyWrite ETF 62.6 49 -24 4.3 -1.3
JHML John Hancock Multifactor Large Cap ETF 62.4 29 -4 4.9 -0.8
IWD iShares Russell 1000 Value ETF 62.3 19 6 6.0 +0.4
XYLG Global X S&P 500 Covered Call & Growth ETF 62.3 60 -35 4.4 -1.3
SCHX Schwab U.S. Large-Cap ETF 61.9 3 22 4.6 -1.1
SPY SPDR S&P 500 ETF Trust 61.8 9 16 4.7 -1.0
SPLG SPDR Portfolio Large Cap ETF 61.7 3 22 4.7 -0.9
IVV iShares Core S&P 500 ETF 61.7 3 22 4.7 -0.9
VOO VANGUARD S&P 500 ETF 61.1 3 22 4.8 -0.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 60.9 20 5 4.8 -0.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 60.9 2 23 4.6 -1.0
PBUS Invesco PureBeta MSCI USA ETF 60.8 4 21 4.6 -1.1
EPS WisdomTree U.S. Earnings 500 Fund 60.5 8 17 5.9 +0.3
VONE Vanguard Russell 1000 ETF 59.9 8 17 4.6 -1.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 59.9 7 18 4.5 -1.1
VV Vanguard Large-Cap Index Fund 59.8 4 21 4.6 -1.1
SPXE ProShares S&P 500 Ex-Energy ETF 59.4 27 -2 4.6 -1.0
SCHV Schwab U.S. Large-Cap Value ETF 59.1 4 21 6.1 +0.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 57.4 30 -5 5.0 -0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 56.9 20 5 4.6 -1.1
QUS SPDR MSCI USA StrategicFactors ETF 56.3 15 10 5.3 -0.4
SPXV ProShares S&P 500 Ex-Health Care ETF 56.0 27 -2 4.3 -1.4
XVV iShares ESG Screened S&P 500 ETF 55.8 8 17 4.9 -0.8
VTV Vanguard Value Index Fund 55.1 4 21 6.6 +0.9
SFY SoFi Select 500 ETF 55.0 0 25 4.6 -1.1
DTD WisdomTree U.S.Total Dividend Fund 54.6 28 -3 6.3 +0.6
CATH Global X S&P 500 Catholic Values Custom ETF 54.5 29 -4 4.6 -1.1
SPXT ProShares S&P 500 Ex-Technology ETF 54.2 27 -2 4.9 -0.8
MGC Vanguard Mega Cap Index Fund 54.1 7 18 4.6 -1.1
SPXN ProShares S&P 500 Ex-Financials ETF 53.9 27 -2 4.4 -1.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 53.1 30 -5 5.2 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 52.9 15 10 4.4 -1.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 52.0 15 10 4.7 -1.0
IWL iShares Russell Top 200 ETF 52.0 15 10 4.4 -1.3
BKLC BNY Mellon US Large Cap Core Equity ETF 50.9 0 25 4.5 -1.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 50.8 9 16 4.8 -0.9
DLN WisdomTree U.S. LargeCap Dividend Fund 50.7 28 -3 6.2 +0.5
SNPE Xtrackers S&P 500 ESG ETF 50.5 10 15 4.6 -1.1
EFIV SPDR S&P 500 ESG ETF 50.4 10 15 4.6 -1.1
TOK iShares MSCI Kokusai ETF 50.4 25 0 4.9 -0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 50.3 9 16 5.0 -0.6
ESG FlexShares STOXX US ESG Impact Index Fund 48.7 32 -7 4.5 -1.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 48.0 12 13 4.0 -1.7
IQSU IQ Candriam ESG US Equity ETF 47.9 9 16 4.5 -1.1
URTH iShares MSCI World ETF 47.5 24 1 5.0 -0.7
RSP Invesco S&P 500 Equal Weight ETF 46.1 20 5 5.6 -0.1
MGV Vanguard Mega Cap Value ETF 46.0 7 18 6.5 +0.8
OEF iShares S&P 100 ETF 45.8 20 5 4.2 -1.5
DGRO iShares Core Dividend Growth ETF 45.6 8 17 6.0 +0.4
IWX iShares Russell Top 200 Value ETF 45.6 20 5 6.1 +0.4
VYM Vanguard High Dividend Yield Index ETF 45.3 6 19 6.7 +1.0
EQWL Invesco Russell Top 200 Equal Weight ETF 44.9 25 0 5.6 -0.1
RNLC Large Cap US Equity Select ETF 44.2 60 -35 5.2 -0.4
JVAL JPMorgan U.S. Value Factor ETF 44.1 12 13 7.1 +1.5
RAFE PIMCO RAFI ESG U.S. ETF 44.0 30 -5 6.7 +1.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 43.7 19 6 5.3 -0.4
ROUS Hartford Multifactor US Equity ETF 43.4 19 6 5.9 +0.2
VT Vanguard Total World Stock ETF 43.4 8 17 5.4 -0.3
EUSA iShares MSCI USA Equal Weighted ETF 43.4 15 10 5.1 -0.6
VFVA Vanguard U.S. Value Factor ETF 43.1 14 11 8.4 +2.8
ACWI iShares MSCI ACWI ETF 42.9 32 -7 5.1 -0.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 42.6 9 16 5.0 -0.7
SIZE iShares MSCI USA Size Factor ETF 42.5 15 10 5.1 -0.5
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 41.9 15 10 5.8 +0.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 41.6 20 5 5.3 -0.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 41.5 20 5 5.3 -0.4
AFLG First Trust Active Factor Large Cap ETF 41.2 55 -30 4.7 -1.0
NACP Impact Shares NAACP Minority Empowerment ETF 40.8 49 -24 4.7 -1.0
QWLD SPDR MSCI World StrategicFactors ETF 40.8 30 -5 5.4 -0.3
RECS Columbia Research Enhanced Core ETF 40.0 15 10 5.1 -0.6
RESP WisdomTree US ESG Fund of Benef Interest 39.6 28 -3 5.1 -0.6
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 39.6 35 -10 5.1 -0.6

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. Broad Market 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 12.3 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 5.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.49
 
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.