Schwab Fundamental U.S. Large Co. Index ETF
ALTAR
Score™
6.6% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
24.9x P/Sales
ratio
1.0x
P/BV
ratio
1.9x Div.
yield
2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab Fundamental U.S. Large Company Index ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the total return of the Russell Fundamental U.S. Large Company Index.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Mana
Website www.schwabetfs.com
Inception date Aug 15, 2013
Assets (mns) $4,324
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 715
Wgt avg mkt cap (mns) $253,914
Large cap (>$10bn) 88.2%
Mid cap ($2-10bn) 9.9%
Small cap (<$2bn) 2.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.1 %
MICROSOFT CORP 2.5 %
EXXON MOBIL CORP 2.0 %
AT&T INC 1.6 %
WAL-MART STORES INC 1.5 %
VERIZON COMMUNICATIONS INC 1.5 %
CHEVRON CORP 1.3 %
JPMORGAN CHASE & CO 1.3 %
JOHNSON & JOHNSON 1.3 %
INTEL CORP 1.3 %
Total 20.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.8 %
IRELAND 1.6 %
BRITAIN 1.2 %
SWITZERLAND 0.4 %
BERMUDA 0.3 %
NETHERLANDS 0.1 %
CHINA 0.1 %
SINGAPORE 0.1 %
ISRAEL 0.0 %
PERU 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.5% -3.3% 6.7% -- 8.8%

Market Correlations
versus... Beta R-squared
S&P500 1.08 97%
MSCI EAFE 1.10 88%
MSCI Emg. Mkts. 0.78 70%

Technical Indicators
Recent close $37.10
30d moving avg. $37.39
Annualized volatility 18.6%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.7%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 2,267
Turnover 2.0%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $291,518

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: FNDX Expense: 25 bp ALTAR Score™: 6.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FNDX
Ticker Fund
Name
Overlap1
vs FNDX
(%)
Expense
ratio
(bp)
Savings
vs FNDX
(bp)
ALTAR
Score™
(%)
ALTAR
vs FNDX
(%)
FNDB Schwab Fundamental U.S. Broad Market Index ETF 92.3 25 0 6.6 +0.0
PRF Invesco FTSE RAFI US 1000 ETF 86.5 39 -14 6.9 +0.3
IUS Invesco Strategic US ETF 76.1 19 6 6.7 +0.1
VLU SPDR S&P 1500 Value Tilt ETF 73.5 12 13 7.5 +1.0
EPS WisdomTree U.S. Earnings 500 Fund 73.3 8 17 6.5 -0.1
RWL Invesco S&P 500 Revenue ETF 69.4 39 -14 7.3 +0.7
PBP Invesco S&P 500 BuyWrite ETF 69.2 49 -24 5.0 -1.6
DIVB iShares U.S. Dividend & Buyback ETF 68.6 25 0 6.6 +0.1
HSPX Global X S&P 500 Covered Call ETF 68.5 65 -40 4.9 -1.7
VOO VANGUARD S&P 500 ETF 68.5 3 22 5.4 -1.2
SPY SPDR S&P 500 ETF Trust 68.3 9 16 5.3 -1.3
SPLG SPDR Portfolio Large Cap ETF 68.3 3 22 5.4 -1.2
IVV iShares Core S&P 500 ETF 68.3 4 21 5.4 -1.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 67.2 20 5 5.3 -1.3
SPTM SPDR Portfolio Total Stock Market ETF 67.2 3 22 5.5 -1.1
SCHX Schwab U.S. Large-Cap ETF 67.1 3 22 5.2 -1.3
VV Vanguard Large-Cap Index Fund 67.0 4 21 5.2 -1.4
PBUS Invesco PureBeta MSCI USA ETF 66.9 4 21 5.2 -1.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 66.8 2 23 5.3 -1.3
SPXE ProShares S&P 500 Ex-Energy ETF 66.7 27 -2 5.3 -1.3
VONE Vanguard Russell 1000 ETF 66.6 8 17 5.2 -1.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 66.5 7 18 5.2 -1.4
DTD WisdomTree U.S.Total Dividend Fund 66.5 28 -3 6.7 +0.1
IYY iShares Dow Jones U.S. ETF 66.2 20 5 5.1 -1.4
SCHK Schwab 1000 Index ETF 66.2 5 20 5.2 -1.3
IUSV iShares Core S&P U.S. Value ETF 66.1 4 21 7.6 +1.0
JHML John Hancock Multifactor Large Cap ETF 65.9 29 -4 5.5 -1.0
IWB iShares Russell 1000 ETF 65.9 15 10 5.1 -1.4
VOOV Vanguard S&P 500 Value ETF 65.3 15 10 7.4 +0.9
SPYV SPDR Portfolio S&P 500 Value ETF 65.1 4 21 7.5 +0.9
IVE iShares S&P 500 Value ETF 65.0 18 7 7.3 +0.8
IWD iShares Russell 1000 Value ETF 64.4 19 6 7.2 +0.7
VTHR Vanguard Russell 3000 Index Fund 64.4 10 15 5.1 -1.5
SCHB Schwab U.S. Broad Market ETF 64.4 3 22 5.2 -1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 64.3 28 -3 6.4 -0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 64.2 3 22 5.1 -1.4
IWV iShares Russell 3000 ETF 63.9 20 5 5.0 -1.5
VTI Vanguard Total Stock Market Index Fund 63.9 3 22 5.1 -1.4
MGC Vanguard Mega Cap Index Fund 63.1 7 18 5.2 -1.4
SPXV ProShares S&P 500 Ex-Health Care ETF 62.6 27 -2 4.9 -1.6
AVUS Avantis U.S. Equity ETF 62.2 15 10 5.7 -0.8
SPXN ProShares S&P 500 Ex-Financials ETF 62.0 27 -2 4.9 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 61.3 0 25 5.2 -1.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 61.2 25 0 6.6 +0.0
QUS SPDR MSCI USA StrategicFactors ETF 61.2 15 10 5.8 -0.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 61.2 20 5 4.9 -1.7
CATH Global X S&P 500 Catholic Values Custom ETF 60.6 29 -4 5.2 -1.4
ESGU iShares MSCI USA ESG Optimized ETF 60.3 15 10 5.1 -1.5
VONV Vanguard Russell 1000 Value Index Fund 59.9 8 17 7.3 +0.8
SPXT ProShares S&P 500 Ex-Technology ETF 59.9 27 -2 5.6 -0.9
IWL iShares Russell Top 200 ETF 59.6 15 10 5.0 -1.6
SFY SoFi Select 500 ETF 58.9 0 25 5.2 -1.4
VTV Vanguard Value Index Fund 58.7 4 21 7.5 +0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 58.6 29 -4 6.2 -0.3
SNPE Xtrackers S&P 500 ESG ETF 58.2 11 14 5.0 -1.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 58.1 9 16 5.5 -1.1
ESGV Vanguard ESG U.S. Stock ETF 57.5 12 13 5.1 -1.4
SCHV Schwab U.S. Large-Cap Value ETF 57.4 4 21 7.2 +0.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 57.1 30 -5 6.5 -0.0
DGRO iShares Core Dividend Growth ETF 55.3 8 17 6.7 +0.1
ESG FlexShares STOXX US ESG Impact Index Fund 54.1 32 -7 5.0 -1.6
OEF iShares S&P 100 ETF 53.4 20 5 4.7 -1.9
RAFE PIMCO RAFI ESG U.S. ETF 53.4 29 -4 7.8 +1.3
TOK iShares MSCI Kokusai ETF 52.7 25 0 5.5 -1.0
IQSU IQ Candriam ESG US Equity ETF 52.6 9 16 5.0 -1.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 52.5 12 13 4.9 -1.7
KOKU Xtrackers MSCI Kokusai Equity ETF 52.5 9 16 5.7 -0.9
MGV Vanguard Mega Cap Value ETF 51.1 7 18 7.3 +0.8
IWX iShares Russell Top 200 Value ETF 51.0 20 5 7.2 +0.6
USDY Pacific Global US Equity Income ETF 50.9 29 -4 7.3 +0.8
RECS Columbia Research Enhanced Core ETF 50.2 15 10 5.6 -0.9
URTH iShares MSCI World ETF 49.6 24 1 5.6 -0.9
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 49.3 15 10 6.2 -0.4
EQWL Invesco Russell Top 200 Equal Weight ETF 49.2 25 0 6.1 -0.5
ROUS Hartford Multifactor US Equity ETF 48.9 19 6 7.3 +0.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 48.4 19 6 5.6 -0.9
RSP Invesco S&P 500 Equal Weight ETF 48.0 20 5 6.8 +0.2
AFLG First Trust Active Factor Large Cap ETF 47.1 55 -30 5.5 -1.0
VYM Vanguard High Dividend Yield Index ETF 46.9 6 19 7.4 +0.8
RNLC Large Cap US Equity Select ETF 46.9 60 -35 6.4 -0.2
NACP Impact Shares NAACP Minority Empowerment ETF 46.5 75 -50 4.5 -2.1
JVAL JPMorgan U.S. Value Factor ETF 46.1 12 13 8.8 +2.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 45.4 9 16 5.9 -0.7
FDRR Fidelity Dividend ETF for Rising Rates 45.3 29 -4 7.0 +0.5
ACWI iShares MSCI ACWI ETF 44.8 32 -7 5.8 -0.8
EUSA iShares MSCI USA Equal Weighted ETF 44.5 15 10 6.3 -0.3
WOMN Impact Shares YWCA Women's Empowerment ETF 44.2 75 -50 4.4 -2.1
IUSG iShares Core S&P US Growth ETF 44.0 4 21 4.3 -2.3
FVAL Fidelity Value Factor ETF 44.0 29 -4 8.0 +1.5
SCIU Global X Scientific Beta US ETF 43.8 19 6 5.8 -0.8
LOWC SPDR MSCI ACWI Low Carbon Target ETF 43.8 20 5 6.0 -0.5
VOOG Vanguard S&P 500 Growth ETF 43.7 10 15 4.2 -2.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 43.7 20 5 6.1 -0.5
QWLD SPDR MSCI World StrategicFactors ETF 43.6 30 -5 6.1 -0.4
SPYG SPDR Portfolio S&P 500 Growth ETF 43.6 4 21 4.2 -2.3
IVW iShares S&P 500 Growth ETF 43.6 18 7 4.1 -2.5
SIZE iShares Edge MSCI USA Size Factor ETF 43.5 15 10 6.3 -0.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 43.2 60 -35 4.3 -2.3
EXT WisdomTree U.S. Total Earnings Fund 42.2 28 -3 5.2 -1.4
VT Vanguard Total World Stock Index Fund 42.1 8 17 6.1 -0.4

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. Large Co. Index ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.2 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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