Schwab U.S. Small-Cap ETF
ALTAR
Score™
4.3% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
49.8x P/Sales
ratio
1.4x
P/BV
ratio
2.1x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab U.S. Small-Cap ETF is an exchange-traded fund incorporated in the USA. The Fund's goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Management Inc
Website www.schwab.com/etf
Inception date Nov 03, 2009
Assets (mns) $11,560
Currency USD
Expense ratio 4 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1744
Wgt avg mkt cap (mns) $2,990
Large cap (>$10bn) 1.0%
Mid cap ($2-10bn) 63.4%
Small cap (<$2bn) 32.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ELDORADO RESORTS INC 0.4 %
NOVOCURE LIMITED 0.4 %
PLUG POWER INC 0.3 %
PENN NATIONAL GAMING INC 0.3 %
MIRATI THERAPEUTICS INC 0.3 %
CLOUDFLARE INC CLASS A 0.3 %
SUNRUN INC. 0.3 %
REPLIGEN CORP 0.3 %
10X GENOMICS INC CLASS A 0.3 %
CREE INC 0.3 %
Total 3.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
BRITAIN 1.1 %
BERMUDA 0.9 %
PUERTO RICO 0.3 %
IRELAND 0.3 %
CANADA 0.2 %
CAYMAN ISLANDS 0.1 %
NETHERLANDS 0.1 %
LUXEMBOURG 0.0 %
SWITZERLAND 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.7% -0.4% 7.0% 10.1% 11.4%

Market Correlations
versus... Beta R-squared
S&P500 1.23 86%
MSCI EAFE 1.27 77%
MSCI Emg. Mkts. 0.95 67%

Technical Indicators
Recent close $80.84
30d moving avg. $75.13
Annualized volatility 23.6%
Short interest (ETF) 0.1%
Short interest (Underlying) 6.4%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 474
Turnover 0.3%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $33,147

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: SCHA Expense: 4 bp ALTAR Score™: 4.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SCHA
Ticker Fund
Name
Overlap1
vs SCHA
(%)
Expense
ratio
(bp)
Savings
vs SCHA
(bp)
ALTAR
Score™
(%)
ALTAR
vs SCHA
(%)
PBSM Invesco PureBeta MSCI USA Small Cap ETF 74.5 6 -2 4.6 +0.3
IWM iShares Russell 2000 ETF 67.7 19 -15 3.0 -1.2
VTWO Vanguard Russell 2000 Index Fund 67.7 10 -6 3.1 -1.2
BKSE BNY Mellon US Small Cap Core Equity ETF 63.3 4 0 5.2 +1.0
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 63.3 17 -13 4.4 +0.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 55.6 20 -16 4.3 +0.1
VB Vanguard Small-Cap ETF 54.3 5 -1 5.0 +0.7
VBR Vanguard Small Cap Value Index Fund 48.7 7 -3 7.4 +3.1
VXF Vanguard Extended Market Index Fund 43.9 6 -2 3.0 -1.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 42.6 25 -21 6.5 +2.2
IUSS Invesco Strategic US Small Company ETF 42.4 23 -19 4.6 +0.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 42.4 39 -35 4.2 -0.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 40.7 7 -3 4.7 +0.5
IWO iShares Russell 2000 Growth ETF 40.5 24 -20 -0.1 -4.3
VTWG Vanguard Russell 2000 Growth Index Fund 40.0 15 -11 -0.0 -4.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 38.5 29 -25 4.6 +0.4
FSMD Fidelity Small-Mid Factor ETF 37.8 29 -25 5.8 +1.6
IWN iShares Russell 2000 Value ETF 37.6 24 -20 6.0 +1.7
VTWV Vanguard Russell 2000 Value Index Fund 36.9 15 -11 6.1 +1.8
VBK Vanguard Small-Cap Growth Index Fund 36.9 7 -3 2.0 -2.2
EZM WisdomTree U.S. MidCap Earnings Fund 36.7 38 -34 7.9 +3.6
STSB iShares Factors US Small Blend Style ETF 36.0 35 -31 3.1 -1.2
IJH iShares Core S&P Mid-Cap ETF 35.4 5 -1 6.0 +1.7
SPMD SPDR Portfolio Mid Cap ETF 35.4 5 -1 6.0 +1.7
MDY SPDR S&P Midcap 400 ETF Trust 35.4 23 -19 5.8 +1.5
IVOO Vanguard S&P Mid-Cap 400 ETF 35.2 10 -6 5.9 +1.7
EWMC Invesco S&P MidCap 400 Equal Weight ETF 35.0 40 -36 6.4 +2.1
FNX First Trust Mid Cap Core AlphaDEX Fund 34.6 61 -57 5.9 +1.6
JHSC John Hancock Multifactor Small Cap ETF 33.2 42 -38 5.1 +0.8
NUSC Nuveen ESG Small-Cap ETF 31.6 40 -36 4.4 +0.1
SMDY Syntax Stratified MidCap ETF 31.5 30 -26 6.0 +1.8
SFYX Sofi Next 500 ETF 30.4 0 4 5.4 +1.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 29.9 66 -62 2.0 -2.2
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 29.4 24 -20 6.1 +1.8
FYX First Trust Small Cap Core AlphaDEX Fund 28.7 63 -59 6.7 +2.4
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 27.9 20 -16 8.1 +3.9
TUSA First Trust Total US Market AlphaDEX ETF 27.7 70 -66 5.5 +1.2
RWK Invesco S&P MidCap 400 Revenue ETF 27.3 39 -35 7.1 +2.8
SCHM Schwab U.S. Mid-Cap ETF 27.1 4 0 5.5 +1.3
VFLQ Vanguard U.S. Liquidity Factor ETF 26.3 14 -10 3.8 -0.4
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 26.1 29 -25 -0.4 -4.6
SPSM SPDR Portfolio Small Cap ETF 25.5 5 -1 6.6 +2.3
IJR iShares Core S&P Small Cap ETF 25.5 6 -2 6.5 +2.3
SLY SPDR S&P 600 Small Cap ETF 25.5 15 -11 6.5 +2.2
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 25.5 40 -36 6.4 +2.1
VIOO Vanguard S&P Small-Cap 600 ETF 25.3 10 -6 6.3 +2.0
JKK iShares Morningstar Small-Cap Growth ETF 25.0 30 -26 1.0 -3.3
IJJ iShares S&P Mid-Cap 400 Value ETF 24.9 25 -21 7.4 +3.2
MDYV SPDR S&P 400 Mid Cap Value ETF 24.9 15 -11 7.5 +3.3
FAB First Trust Multi Cap Value AlphaDEX Fund 24.8 71 -67 8.6 +4.3
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 24.7 35 -31 7.2 +3.0
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 24.7 35 -31 7.0 +2.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 24.6 15 -11 7.6 +3.3
VFQY Vanguard U.S. Quality Factor ETF 24.4 13 -9 6.0 +1.7
VFMO Vanguard U.S. Momentum Factor ETF 24.4 13 -9 0.3 -3.9
AFSM First Trust Active Factor Small Cap ETF 24.0 75 -71 5.2 +1.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 23.7 70 -66 1.8 -2.4
SSLY Syntax Stratified SmallCap ETF 23.7 30 -26 5.9 +1.6
TPSC Timothy Plan US Small Cap Core ETF 23.5 52 -48 6.7 +2.4
RNMC Mid Cap US Equity Select ETF 23.2 60 -56 6.5 +2.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 23.1 25 -21 5.8 +1.6
PSC Principal U.S. Small Cap Index ETF 22.8 38 -34 5.5 +1.3
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 22.3 29 -25 5.6 +1.4
VFVA Vanguard U.S. Value Factor ETF 22.3 14 -10 9.8 +5.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 22.2 39 -35 6.1 +1.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 21.7 15 -11 4.7 +0.4
IJK iShares S&P Mid-Cap 400 Growth ETF 21.7 24 -20 4.6 +0.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 21.5 15 -11 4.7 +0.4
CSML IQ Chaikin U.S. Small Cap ETF 21.3 35 -31 3.6 -0.6
EES WisdomTree SmallCap Earnings Fund 21.0 38 -34 9.3 +5.0
RNSC Small Cap US Equity Select ETF 21.0 60 -56 7.1 +2.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 20.8 30 -26 7.0 +2.8
JKJ iShares Morningstar Small-Cap ETF 20.4 25 -21 5.8 +1.5
AVUV Avantis U.S. Small Cap Value ETF 20.3 25 -21 7.2 +2.9
VFMF Vanguard U.S. Multifactor ETF 20.0 19 -15 6.7 +2.4
DES WisdomTree U.S. SmallCap Dividend Fund 19.7 38 -34 7.7 +3.4
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 19.3 35 -31 5.5 +1.2
AFMC First Trust Active Factor Mid Cap ETF 18.5 65 -61 5.9 +1.7
JKL iShares Morningstar Small Cap Value ETF 18.4 30 -26 8.7 +4.5
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 18.0 20 -16 4.5 +0.2
ISMD Inspire Small/Mid Cap Impact ETF 17.8 60 -56 4.4 +0.2
SMMD iShares Russell 2500 ETF 17.8 15 -11 5.3 +1.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 17.4 12 -8 6.8 +2.5
EQAL Invesco Russell 1000 Equal Weight ETF 17.3 20 -16 5.4 +1.2
SLYG SPDR S&P 600 Small Cap Growth ETF 17.2 15 -11 5.1 +0.8
IJT iShares S&P Small-Cap 600 Growth ETF 17.2 25 -21 5.0 +0.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 17.1 16 -12 4.9 +0.6
SLYV SPDR S&P 600 Small Cap Value ETF 17.1 15 -11 8.1 +3.8
IJS iShares S&P Small-cap 600 Value ETF 17.1 25 -21 7.9 +3.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 16.9 15 -11 7.8 +3.6
DON WisdomTree U.S. MidCap Dividend Fund 16.8 38 -34 7.0 +2.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 16.5 29 -25 8.2 +4.0
AVUS Avantis U.S. Equity ETF 15.3 15 -11 5.2 +1.0
FNK First Trust Mid Cap Value AlphaDEX Fund 15.2 70 -66 9.0 +4.7
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 15.2 29 -25 6.3 +2.0
FYT First Trust Small Cap Value AlphaDEX Fund 14.6 72 -68 9.7 +5.4
BFOR Barron's 400 ETF 14.3 65 -61 6.2 +1.9
FYC First Trust Small Cap Growth AlphaDEX Fund 14.1 70 -66 2.1 -2.1
VIS Vanguard Industrials Index Fund 13.6 10 -6 4.8 +0.6
FIDU Fidelity MSCI Industrials Index ETF 13.4 8 -4 5.0 +0.8

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 U.S. Small-Cap ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.5 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 4.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 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.