Schwab Fundamental U.S. Large Co. Index ETF
ALTAR
Score™
5.6% info Recommen-
dation
OVERWEIGHT
2021E    2022E
P/E
ratio
18.2x P/Sales
ratio
1.2x
P/BV
ratio
2.2x Div.
yield
2.2%


  • 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) $5,838
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 704
Wgt avg mkt cap (mns) $284,703
Large cap (>$10bn) 88.7%
Mid cap ($2-10bn) 10.4%
Small cap (<$2bn) 0.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 4.7 %
EXXON MOBIL CORP 2.3 %
MICROSOFT CORP 1.9 %
JPMORGAN CHASE & CO 1.7 %
WELLS FARGO & CO 1.4 %
AT&T INC 1.4 %
CHEVRON CORP 1.3 %
BERKSHIRE HATHAWAY INC-CL B 1.2 %
VERIZON COMMUNICATIONS INC 1.2 %
INTEL CORP 1.1 %
Total 18.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.6 %
IRELAND 1.7 %
BRITAIN 1.2 %
SWITZERLAND 0.5 %
BERMUDA 0.4 %
NETHERLANDS 0.2 %
SINGAPORE 0.1 %
CHINA 0.1 %
PERU 0.0 %
ISRAEL 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
7.0% 32.0% 14.6% -- 12.2%

Market Correlations
versus... Beta R-squared
S&P500 1.08 95%
MSCI EAFE 1.05 88%
MSCI Emg. Mkts. 0.84 71%

Technical Indicators
Recent close $48.47
30d moving avg. $47.84
Annualized volatility 20.4%
Short interest (ETF) 0.1%
Short interest (Underlying) 4.7%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 366
Turnover 0.3%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $238,731

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 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™: 5.6%


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 90.6 25 0 5.5 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 86.1 39 -14 5.7 +0.0
IUS Invesco Strategic US ETF 74.8 19 6 5.2 -0.4
VLU SPDR S&P 1500 Value Tilt ETF 73.8 12 13 5.9 +0.3
VOOV Vanguard S&P 500 Value ETF 70.3 10 15 6.2 +0.6
RWL Invesco S&P 500 Revenue ETF 68.8 39 -14 6.1 +0.4
IUSV iShares Core S&P U.S. Value ETF 68.1 4 21 6.3 +0.7
DIVB iShares U.S. Dividend & Buyback ETF 66.8 25 0 6.0 +0.4
SPYV SPDR Portfolio S&P 500 Value ETF 66.8 4 21 6.3 +0.6
IVE iShares S&P 500 Value ETF 66.7 18 7 6.1 +0.5
VONV Vanguard Russell 1000 Value Index Fund 65.9 8 17 6.1 +0.4
PBP Invesco S&P 500 BuyWrite ETF 65.2 49 -24 4.5 -1.2
XYLG Global X S&P 500 Covered Call & Growth ETF 64.6 60 -35 4.4 -1.2
SPLG SPDR Portfolio Large Cap ETF 63.9 3 22 4.9 -0.7
SPY SPDR S&P 500 ETF Trust 63.9 9 16 4.8 -0.8
IVV iShares Core S&P 500 ETF 63.8 3 22 4.9 -0.8
IWD iShares Russell 1000 Value ETF 63.8 19 6 5.9 +0.3
VOO VANGUARD S&P 500 ETF 63.3 3 22 4.9 -0.7
SPTM SPDR Portfolio Total Stock Market ETF 63.2 3 22 4.9 -0.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 63.2 20 5 4.9 -0.7
EPS WisdomTree U.S. Earnings 500 Fund 62.9 8 17 6.1 +0.5
JHML John Hancock Multifactor Large Cap ETF 62.8 29 -4 5.0 -0.7
ESGV Vanguard ESG U.S. Stock ETF 62.6 12 13 4.6 -1.0
SCHX Schwab U.S. Large-Cap ETF 62.6 3 22 4.7 -0.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 62.4 2 23 4.8 -0.8
IWB iShares Russell 1000 ETF 62.4 15 10 4.6 -1.0
PBUS Invesco PureBeta MSCI USA ETF 62.2 4 21 4.8 -0.9
IYY iShares Dow Jones U.S. ETF 62.2 20 5 4.6 -1.1
DFAU Dimensional US Core Equity Market ETF 62.1 12 13 4.8 -0.8
SCHV Schwab U.S. Large-Cap Value ETF 62.1 4 21 6.1 +0.5
SCHK Schwab 1000 Index ETF 62.0 5 20 4.7 -0.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 61.8 7 18 4.7 -0.9
VV Vanguard Large-Cap Index Fund 61.7 4 21 4.7 -0.9
SPXE ProShares S&P 500 Ex-Energy ETF 61.5 27 -2 4.8 -0.9
VONE Vanguard Russell 1000 ETF 61.0 8 17 4.7 -1.0
VTHR Vanguard Russell 3000 Index Fund 60.6 10 15 4.5 -1.1
SCHB Schwab U.S. Broad Market ETF 60.4 3 22 4.6 -1.1
IWV iShares Russell 3000 ETF 60.4 20 5 4.4 -1.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 60.2 3 22 4.5 -1.1
VTV Vanguard Value Index Fund 59.5 4 21 6.6 +0.9
AVUS Avantis U.S. Equity ETF 59.4 15 10 5.0 -0.7
VTI Vanguard Total Stock Market Index Fund 59.2 3 22 4.5 -1.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 59.2 20 5 4.7 -0.9
SPXV ProShares S&P 500 Ex-Health Care ETF 58.7 27 -2 4.4 -1.2
XVV iShares ESG Screened S&P 500 ETF 58.2 8 17 4.9 -0.7
QUS SPDR MSCI USA StrategicFactors ETF 58.1 15 10 5.4 -0.2
SPXT ProShares S&P 500 Ex-Technology ETF 57.1 27 -2 5.0 -0.6
CATH Global X S&P 500 Catholic Values Custom ETF 57.0 29 -4 4.6 -1.0
MGC Vanguard Mega Cap Index Fund 56.9 7 18 4.8 -0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 56.5 30 -5 5.1 -0.5
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 56.4 25 0 5.0 -0.7
SFY SoFi Select 500 ETF 56.3 0 25 4.7 -0.9
SPXN ProShares S&P 500 Ex-Financials ETF 56.0 27 -2 4.4 -1.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 55.2 30 -5 5.2 -0.5
ESGU iShares MSCI USA ESG Optimized ETF 55.0 15 10 4.6 -1.0
DTD WisdomTree U.S.Total Dividend Fund 55.0 28 -3 6.4 +0.8
IWL iShares Russell Top 200 ETF 54.6 15 10 4.6 -1.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 54.2 15 10 4.9 -0.7
BKLC BNY Mellon US Large Cap Core Equity ETF 53.4 0 25 4.7 -0.9
SNPE Xtrackers S&P 500 ESG ETF 53.2 10 15 4.9 -0.8
EFIV SPDR S&P 500 ESG ETF 53.2 10 15 4.9 -0.8
DLN WisdomTree U.S. LargeCap Dividend Fund 53.2 28 -3 6.4 +0.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 51.9 9 16 5.0 -0.7
ESG FlexShares STOXX US ESG Impact Index Fund 50.9 32 -7 4.7 -0.9
TOK iShares MSCI Kokusai ETF 50.6 25 0 4.9 -0.7
KOKU Xtrackers MSCI Kokusai Equity ETF 50.4 9 16 5.1 -0.5
IQSU IQ Candriam ESG US Equity ETF 50.2 9 16 4.7 -1.0
MGV Vanguard Mega Cap Value ETF 49.9 7 18 6.6 +0.9
IWX iShares Russell Top 200 Value ETF 49.2 20 5 6.1 +0.5
OEF iShares S&P 100 ETF 48.5 20 5 4.5 -1.1
RAFE PIMCO RAFI ESG U.S. ETF 48.1 30 -5 6.7 +1.0
RSP Invesco S&P 500 Equal Weight ETF 48.0 20 5 5.4 -0.2
EQWL Invesco Russell Top 200 Equal Weight ETF 47.8 25 0 5.8 +0.2
VYM Vanguard High Dividend Yield Index ETF 47.6 6 19 6.8 +1.2
URTH iShares MSCI World ETF 47.4 24 1 5.1 -0.6
DGRO iShares Core Dividend Growth ETF 47.4 8 17 6.4 +0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 46.7 12 13 4.1 -1.5
JVAL JPMorgan U.S. Value Factor ETF 46.4 12 13 7.1 +1.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 45.6 19 6 5.2 -0.4
RNLC Large Cap US Equity Select ETF 45.6 60 -35 5.3 -0.4
EUSA iShares MSCI USA Equal Weighted ETF 44.6 15 10 5.1 -0.6
WOMN Impact Shares YWCA Women's Empowerment ETF 44.4 75 -50 3.7 -2.0
ROUS Hartford Multifactor US Equity ETF 44.3 19 6 6.1 +0.5
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 44.2 15 10 0.0 -5.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 44.0 9 16 5.1 -0.6
SIZE iShares MSCI USA Size Factor ETF 43.6 15 10 5.1 -0.6
VFVA Vanguard U.S. Value Factor ETF 43.3 14 11 8.2 +2.6
NACP Impact Shares NAACP Minority Empowerment ETF 43.1 49 -24 4.9 -0.7
ACWI iShares MSCI ACWI ETF 42.7 32 -7 5.2 -0.5
AFLG First Trust Active Factor Large Cap ETF 41.9 55 -30 4.8 -0.8
QWLD SPDR MSCI World StrategicFactors ETF 41.8 30 -5 5.5 -0.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 41.6 20 5 5.4 -0.3
RECS Columbia Research Enhanced Core ETF 41.5 15 10 5.4 -0.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 41.5 20 5 5.4 -0.3
RESP WisdomTree US ESG Fund of Benef Interest 40.7 28 -3 5.4 -0.3
FDRR Fidelity Dividend ETF for Rising Rates 40.6 29 -4 6.1 +0.5

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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:

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 12.8 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.54 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.