Schwab Fundamental U.S. Large Co. Index ETF
ALTAR
Score™
7.4% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.2x P/Sales
ratio
1.1x
P/BV
ratio
2.0x 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) $4,550
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 711
Wgt avg mkt cap (mns) $286,185
Large cap (>$10bn) 88.6%
Mid cap ($2-10bn) 9.4%
Small cap (<$2bn) 2.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.6 %
MICROSOFT CORP 2.3 %
EXXON MOBIL CORP 1.6 %
VERIZON COMMUNICATIONS INC 1.5 %
WAL-MART STORES INC 1.5 %
AT&T INC 1.5 %
BERKSHIRE HATHAWAY INC-CL B 1.4 %
JOHNSON & JOHNSON 1.3 %
JPMORGAN CHASE & CO 1.2 %
PROCTER & GAMBLE CO/THE 1.1 %
Total 20.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.4 %
IRELAND 1.7 %
BRITAIN 1.2 %
SWITZERLAND 0.4 %
BERMUDA 0.3 %
NETHERLANDS 0.1 %
SINGAPORE 0.1 %
CHINA 0.1 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.5% 8.6% 10.1% -- 10.1%

Market Correlations
versus... Beta R-squared
S&P500 1.06 97%
MSCI EAFE 1.11 89%
MSCI Emg. Mkts. 0.79 70%

Technical Indicators
Recent close $38.11
30d moving avg. $39.83
Annualized volatility 18.9%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.7%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 312
Turnover 0.3%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $20,827

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™: 7.4%


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 90.8 25 0 7.4 -0.0
PRF Invesco FTSE RAFI US 1000 ETF 85.8 39 -14 7.4 -0.1
IUS Invesco Strategic US ETF 75.9 19 6 7.1 -0.3
VLU SPDR S&P 1500 Value Tilt ETF 73.2 12 13 7.7 +0.3
EPS WisdomTree U.S. Earnings 500 Fund 72.9 8 17 7.2 -0.2
SPY SPDR S&P 500 ETF Trust 68.2 9 16 6.1 -1.4
PBP Invesco S&P 500 BuyWrite ETF 68.2 49 -24 5.7 -1.8
DIVB iShares U.S. Dividend & Buyback ETF 68.1 25 0 7.3 -0.2
XYLG Global X S&P 500 Covered Call & Growth ETF 68.0 60 -35 5.7 -1.8
SPLG SPDR Portfolio Large Cap ETF 67.9 3 22 6.1 -1.3
HSPX Global X S&P 500 Covered Call ETF 67.7 60 -35 5.5 -1.9
VOO VANGUARD S&P 500 ETF 67.6 3 22 6.1 -1.3
IVV iShares Core S&P 500 ETF 67.6 3 22 6.1 -1.3
SCHX Schwab U.S. Large-Cap ETF 67.3 3 22 5.9 -1.5
RWL Invesco S&P 500 Revenue ETF 67.3 39 -14 7.5 +0.1
SPTM SPDR Portfolio Total Stock Market ETF 67.3 3 22 6.2 -1.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 67.1 20 5 6.1 -1.4
PBUS Invesco PureBeta MSCI USA ETF 66.9 4 21 6.0 -1.5
IYY iShares Dow Jones U.S. ETF 66.6 20 5 5.8 -1.7
SCHK Schwab 1000 Index ETF 66.4 5 20 5.9 -1.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 66.3 7 18 6.0 -1.5
SPXE ProShares S&P 500 Ex-Energy ETF 66.3 27 -2 6.1 -1.4
IWB iShares Russell 1000 ETF 66.2 15 10 5.7 -1.7
VV Vanguard Large-Cap Index Fund 65.5 4 21 5.9 -1.6
DTD WisdomTree U.S.Total Dividend Fund 65.4 28 -3 7.2 -0.2
VONE Vanguard Russell 1000 ETF 65.4 8 17 5.8 -1.6
JHML John Hancock Multifactor Large Cap ETF 65.3 29 -4 6.0 -1.4
IUSV iShares Core S&P U.S. Value ETF 64.9 4 21 7.6 +0.1
VTHR Vanguard Russell 3000 Index Fund 64.8 10 15 5.7 -1.8
SCHB Schwab U.S. Broad Market ETF 64.7 3 22 5.8 -1.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 64.6 3 22 5.8 -1.7
IWV iShares Russell 3000 ETF 64.1 20 5 5.6 -1.9
VOOV Vanguard S&P 500 Value ETF 64.0 10 15 7.4 0.0
IVE iShares S&P 500 Value ETF 63.9 18 7 7.4 -0.1
SPYV SPDR Portfolio S&P 500 Value ETF 63.8 4 21 7.5 +0.1
IWD iShares Russell 1000 Value ETF 63.3 19 6 7.0 -0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 63.3 2 23 6.0 -1.5
VONV Vanguard Russell 1000 Value Index Fund 63.1 8 17 7.1 -0.3
DLN WisdomTree U.S. LargeCap Dividend Fund 63.0 28 -3 7.1 -0.4
SPXV ProShares S&P 500 Ex-Health Care ETF 62.2 27 -2 5.8 -1.6
MGC Vanguard Mega Cap Index Fund 62.0 7 18 6.0 -1.5
VTI Vanguard Total Stock Market Index Fund 61.9 3 22 5.7 -1.8
SPXN ProShares S&P 500 Ex-Financials ETF 61.8 27 -2 5.8 -1.6
AVUS Avantis U.S. Equity ETF 61.1 15 10 6.2 -1.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 60.9 25 0 6.9 -0.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 60.5 20 5 5.7 -1.7
QUS SPDR MSCI USA StrategicFactors ETF 60.5 15 10 6.2 -1.2
CATH Global X S&P 500 Catholic Values Custom ETF 59.9 29 -4 5.9 -1.5
ESGV Vanguard ESG U.S. Stock ETF 59.6 12 13 5.9 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 59.3 0 25 6.0 -1.4
IWL iShares Russell Top 200 ETF 59.3 15 10 5.8 -1.6
ESGU iShares MSCI USA ESG Optimized ETF 59.2 15 10 5.8 -1.7
SPXT ProShares S&P 500 Ex-Technology ETF 59.1 27 -2 5.6 -1.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 58.7 29 -4 6.4 -1.1
SFY SoFi Select 500 ETF 58.5 0 25 5.6 -1.8
VTV Vanguard Value Index Fund 58.4 4 21 7.5 +0.1
SNPE Xtrackers S&P 500 ESG ETF 57.5 10 15 6.0 -1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 56.6 9 16 6.2 -1.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 56.2 30 -5 6.7 -0.8
SCHV Schwab U.S. Large-Cap Value ETF 56.1 4 21 7.3 -0.2
DGRO iShares Core Dividend Growth ETF 54.9 8 17 7.0 -0.4
ESG FlexShares STOXX US ESG Impact Index Fund 52.9 32 -7 5.7 -1.7
OEF iShares S&P 100 ETF 52.8 20 5 5.9 -1.6
TOK iShares MSCI Kokusai ETF 52.8 25 0 6.0 -1.4
RAFE PIMCO RAFI ESG U.S. ETF 52.7 29 -4 7.7 +0.3
IQSU IQ Candriam ESG US Equity ETF 52.6 9 16 6.2 -1.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 51.0 12 13 6.2 -1.2
MGV Vanguard Mega Cap Value ETF 50.2 7 18 7.3 -0.1
IWX iShares Russell Top 200 Value ETF 49.4 20 5 6.9 -0.5
USDY Pacific Global US Equity Income ETF 49.3 29 -4 7.2 -0.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 48.5 15 10 7.1 -0.3
URTH iShares MSCI World ETF 48.5 24 1 6.1 -1.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 48.0 19 6 6.8 -0.7
RSP Invesco S&P 500 Equal Weight ETF 48.0 20 5 6.7 -0.7
EQWL Invesco Russell Top 200 Equal Weight ETF 47.5 25 0 6.3 -1.2
ROUS Hartford Multifactor US Equity ETF 47.5 19 6 6.6 -0.9
RECS Columbia Research Enhanced Core ETF 47.1 15 10 6.6 -0.9
AFLG First Trust Active Factor Large Cap ETF 46.7 55 -30 6.4 -1.1
VYM Vanguard High Dividend Yield Index ETF 46.6 6 19 7.6 +0.2
NACP Impact Shares NAACP Minority Empowerment ETF 46.6 75 -50 5.7 -1.8
RNLC Large Cap US Equity Select ETF 46.5 60 -35 6.5 -1.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 45.6 60 -35 5.4 -2.1
SIZE iShares Edge MSCI USA Size Factor ETF 45.6 15 10 6.2 -1.2
JVAL JPMorgan U.S. Value Factor ETF 45.6 12 13 9.0 +1.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 45.2 9 16 6.1 -1.3
EUSA iShares MSCI USA Equal Weighted ETF 44.9 15 10 6.3 -1.1
ACWI iShares MSCI ACWI ETF 44.8 32 -7 6.3 -1.2
IUSG iShares Core S&P US Growth ETF 44.7 4 21 5.8 -1.6
VOOG Vanguard S&P 500 Growth ETF 44.7 10 15 5.8 -1.6
IVW iShares S&P 500 Growth ETF 44.3 18 7 5.7 -1.7
SPYG SPDR Portfolio S&P 500 Growth ETF 44.0 4 21 5.9 -1.6
FDRR Fidelity Dividend ETF for Rising Rates 43.9 29 -4 7.7 +0.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 43.7 20 5 6.5 -0.9
SCIU Global X Scientific Beta US ETF 43.6 19 6 6.0 -1.5
FVAL Fidelity Value Factor ETF 43.6 29 -4 8.6 +1.1
QWLD SPDR MSCI World StrategicFactors ETF 43.4 30 -5 6.4 -1.0
WOMN Impact Shares YWCA Women's Empowerment ETF 42.5 75 -50 5.1 -2.3
EXT WisdomTree U.S. Total Earnings Fund 42.1 28 -3 6.1 -1.3
EFIV SPDR S&P 500 ESG ETF 41.8 10 15 6.0 -1.4
VT Vanguard Total World Stock Index Fund 41.6 8 17 6.5 -0.9

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:

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 14.3 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.51
 
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.