Schwab Fundamental Intl Large Cap
ALTAR
Score™
8.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
12.2x P/Sales
ratio
0.7x
P/BV
ratio
1.1x Div.
yield
3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab Fundamental International Large 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 Developed ex-U.S. Large Company Index.

FUND BASICS
Category International Equities
Fund Sponsor Charles Schwab Investment Mana
Website www.schwabetfs.com
Inception date Aug 15, 2013
Assets (mns) $4,915
Currency USD
Expense ratio 25 bp
Distributions Annually

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 950
Wgt avg mkt cap (mns) $61,903
Large cap (>$10bn) 81.3%
Mid cap ($2-10bn) 17.0%
Small cap (<$2bn) 1.6%
Developed mkts 93.8%
Emerging mkts 6.2%

TOP TEN HOLDINGS
SAMSUNG ELECTRONICS CO LTD 2.1 %
TOYOTA MOTOR CORP 1.5 %
BP PLC 1.3 %
ROYAL DUTCH SHELL PLC-A SHS 1.2 %
TOTAL SA 1.2 %
NESTLE SA-REG 1.1 %
ROYAL DUTCH SHELL PLC-B SHS 1.0 %
HSBC HOLDINGS PLC 0.9 %
ROCHE HOLDING AG-GENUSSCHEIN 0.9 %
BANCO SANTANDER SA 0.9 %
Total 12.0 %

TOP COUNTRY EXPOSURE
JAPAN 24.2 %
BRITAIN 15.2 %
FRANCE 8.7 %
GERMANY 8.6 %
CANADA 6.5 %
SWITZERLAND 6.1 %
SOUTH KOREA 6.1 %
AUSTRALIA 5.3 %
SPAIN 3.1 %
ITALY 2.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.4% 5.5% 4.3% -- 4.7%

Market Correlations
versus... Beta R-squared
S&P500 0.80 64%
MSCI EAFE 1.07 96%
MSCI Emg. Mkts. 0.73 78%

Technical Indicators
Recent close $28.41
30d moving avg. $28.60
Annualized volatility 12.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 586
Turnover 0.3%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $42,876

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 19 potential alternatives to the Schwab Fundamental Intl Large Cap ETF based on the alternatives' overlap in portfolio holdings with FNDF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FNDF Expense: 25 bp ALTAR Score™: 8.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FNDF
Ticker Fund
Name
Overlap1
vs FNDF
(%)
Expense
ratio
(bp)
Savings
vs FNDF
(bp)
ALTAR
Score™
(%)
ALTAR
vs FNDF
(%)
PXF Invesco FTSE-RAFI Developed ex-US 84.6 45 -20 8.0 -0.2
SCHF Schwab International Equity 68.8 6 19 7.1 -1.1
PBDM Invesco PureBeta FTSE Developed ex-North America 66.7 7 18 7.2 -1.0
HFXI IQ 50 Percent Hedged FTSE Int'l 66.5 20 5 7.0 -1.2
REFA Invesco International Revenue ETF 66.1 42 -17 8.8 +0.6
EFA iShares MSCI EAFE 64.3 31 -6 6.7 -1.5
VEA Vanguard Europe Pacific 64.1 5 20 7.1 -1.1
SPDW SPDR Portfolio World ex-US 63.2 4 21 6.9 -1.3
ISDX Invesco Strategic Developed ex-US 62.6 23 2 7.7 -0.5
DBEF Xtrackers MSCI EAFE Hedged 62.6 35 -10 6.6 -1.6
IDEV iShares Core MSCI Int'l Developed Markets 62.6 5 20 6.9 -1.3
IQIN IQ 500 International 61.4 25 0 8.5 +0.4
DDWM WisdomTree Dynamic Currency Hedged Int'l Equity 61.1 35 -10 7.7 -0.5
DWM WisdomTree DEFA Fund 61.0 48 -23 7.5 -0.6
IEFA iShares Core MSCI EAFE 60.6 7 18 6.9 -1.3
JHMD John Hancock Multifactor Developed International 59.5 45 -20 7.0 -1.1
EFAX SPDR MSCI EAFE Fossil Fuel Free 58.4 20 5 6.7 -1.5
ACWX iShares MSCI ACWI ex-US 57.7 31 -6 7.1 -1.1
EFV iShares MSCI EAFE Value 57.0 38 -13 8.9 +0.7

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 Intl Large Cap
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 9.2 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 8.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.61 CATEGORY
AVERAGE
1.64
 
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.