Schwab U.S. Large-Cap Growth ETF
ALTAR
Score™
5.5% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
26.3x P/Sales
ratio
3.9x
P/BV
ratio
5.4x Div.
yield
0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab U.S. Large-Cap Growth 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. Large-Cap Growth Total Stock Market Index.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Management Inc
Website www.schwab.com/etf
Inception date Dec 11, 2009
Assets (mns) $13,419
Currency USD
Expense ratio 4 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 349
Wgt avg mkt cap (mns) $542,963
Large cap (>$10bn) 96.5%
Mid cap ($2-10bn) 3.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 9.0 %
MICROSOFT CORP 7.9 %
AMAZON.COM INC 6.5 %
FACEBOOK 3.1 %
ALPHABET INC. CLASS A 2.2 %
ALPHABET INC. CLASS C 2.1 %
BERKSHIRE HATHAWAY INC-CL B 2.1 %
VISA INC-CLASS A SHARES 1.7 %
NVIDIA CORP 1.5 %
MASTERCARD INC-CLASS A 1.5 %
Total 37.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 86.1 %
BRITAIN 1.2 %
IRELAND 0.9 %
BERMUDA 0.2 %







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.
29.8% 44.2% 19.5% 18.7% 16.7%

Market Correlations
versus... Beta R-squared
S&P500 1.03 96%
MSCI EAFE 1.01 77%
MSCI Emg. Mkts. 0.73 64%

Technical Indicators
Recent close $112.48
30d moving avg. $114.86
Annualized volatility 18.5%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.9%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 615
Turnover 0.5%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $6,895

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: SCHG Expense: 4 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SCHG
Ticker Fund
Name
Overlap1
vs SCHG
(%)
Expense
ratio
(bp)
Savings
vs SCHG
(bp)
ALTAR
Score™
(%)
ALTAR
vs SCHG
(%)
VUG Vanguard Growth Index Fund 72.7 4 0 5.6 +0.1
IWF iShares Russell 1000 Growth ETF 67.9 19 -15 5.6 +0.0
VONG Vanguard Russell 1000 Growth Index Fund 67.6 8 -4 5.7 +0.2
IUSG iShares Core S&P US Growth ETF 67.2 4 0 5.8 +0.3
VOOG Vanguard S&P 500 Growth ETF 66.7 10 -6 5.8 +0.3
IVW iShares S&P 500 Growth ETF 66.4 18 -14 5.7 +0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 66.2 4 0 5.9 +0.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 65.1 60 -56 5.4 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 63.3 12 -8 6.2 +0.7
MGK Vanguard Mega Cap Growth ETF 63.3 7 -3 6.2 +0.6
ESGV Vanguard ESG U.S. Stock ETF 63.1 12 -8 5.9 +0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 61.8 0 4 6.0 +0.5
IWL iShares Russell Top 200 ETF 61.8 15 -11 5.8 +0.3
IQSU IQ Candriam ESG US Equity ETF 61.1 9 -5 6.2 +0.7
TMFC Motley Fool 100 Index ETF 60.6 50 -46 5.2 -0.3
SPXN ProShares S&P 500 Ex-Financials ETF 59.8 27 -23 5.8 +0.3
IWY iShares Russell Top 200 Growth ETF 59.6 20 -16 6.1 +0.6
SPXV ProShares S&P 500 Ex-Health Care ETF 59.1 27 -23 5.8 +0.3
SCHX Schwab U.S. Large-Cap ETF 58.9 3 1 5.9 +0.4
MGC Vanguard Mega Cap Index Fund 58.8 7 -3 6.0 +0.4
SPXE ProShares S&P 500 Ex-Energy ETF 58.2 27 -23 6.1 +0.5
PBUS Invesco PureBeta MSCI USA ETF 58.2 4 0 6.0 +0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 58.0 7 -3 6.0 +0.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 57.8 20 -16 6.1 +0.5
SPY SPDR S&P 500 ETF Trust 57.6 9 -5 6.1 +0.5
PBP Invesco S&P 500 BuyWrite ETF 57.5 49 -45 5.7 +0.1
XYLG Global X S&P 500 Covered Call & Growth ETF 57.4 60 -56 5.7 +0.1
SPLG SPDR Portfolio Large Cap ETF 57.0 3 1 6.1 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 56.9 20 -16 5.7 +0.2
HSPX Global X S&P 500 Covered Call ETF 56.9 60 -56 5.5 0.0
SCHK Schwab 1000 Index ETF 56.9 5 -1 5.9 +0.4
IWB iShares Russell 1000 ETF 56.8 15 -11 5.7 +0.2
SNPE Xtrackers S&P 500 ESG ETF 56.7 10 -6 6.0 +0.5
VV Vanguard Large-Cap Index Fund 56.7 4 0 5.9 +0.4
VOO VANGUARD S&P 500 ETF 56.6 3 1 6.1 +0.6
IVV iShares Core S&P 500 ETF 56.6 3 1 6.1 +0.6
IYY iShares Dow Jones U.S. ETF 56.6 20 -16 5.8 +0.2
VONE Vanguard Russell 1000 ETF 55.7 8 -4 5.8 +0.3
CATH Global X S&P 500 Catholic Values Custom ETF 55.1 29 -25 5.9 +0.4
OEF iShares S&P 100 ETF 54.8 20 -16 5.9 +0.3
VTHR Vanguard Russell 3000 Index Fund 54.5 10 -6 5.7 +0.1
SPTM SPDR Portfolio Total Stock Market ETF 54.4 3 1 6.2 +0.6
SCHB Schwab U.S. Broad Market ETF 54.2 3 1 5.8 +0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 54.0 3 1 5.8 +0.2
ESGU iShares MSCI USA ESG Optimized ETF 54.0 15 -11 5.8 +0.2
IWV iShares Russell 3000 ETF 53.5 20 -16 5.6 +0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 53.4 2 2 6.0 +0.4
IETC iShares Evolved U.S. Technology ETF 53.3 18 -14 5.9 +0.4
SFY SoFi Select 500 ETF 53.0 0 4 5.6 +0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 51.7 9 -5 6.2 +0.7
VTI Vanguard Total Stock Market Index Fund 51.2 3 1 5.7 +0.2
XLG Invesco S&P 500 Top 50 ETF 50.8 20 -16 5.9 +0.4
IGM iShares Expanded Tech Sector ETF 50.7 46 -42 5.3 -0.2
JHML John Hancock Multifactor Large Cap ETF 48.3 29 -25 6.0 +0.5
QQQ Invesco QQQ Trust 48.2 20 -16 5.8 +0.3
NUSI Nationwide Risk-Managed Income ETF 48.2 68 -64 5.5 -0.1
QYLD Global X NASDAQ 100 Covered Call ETF 48.2 60 -56 5.5 -0.1
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 48.2 60 -56 5.4 -0.1
VEGN US Vegan Climate ETF 48.1 60 -56 5.8 +0.2
SPXT ProShares S&P 500 Ex-Technology ETF 47.9 27 -23 5.6 +0.1
HIPR Direxion High Growth ETF 46.9 40 -36 6.9 +1.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 46.2 49 -45 5.7 +0.2
DSI iShares MSCI KLD 400 Social ETF 45.9 25 -21 5.1 -0.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 45.9 21 -17 3.5 -2.0
ESG FlexShares STOXX US ESG Impact Index Fund 45.7 32 -28 5.7 +0.2
FDMO Fidelity Momentum Factor ETF 44.9 29 -25 4.2 -1.4
MTUM iShares Edge MSCI USA Momentum Factor ETF 43.0 15 -11 5.1 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 42.2 8 -4 7.2 +1.7
AVUS Avantis U.S. Equity ETF 41.8 15 -11 6.2 +0.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 41.8 30 -26 6.7 +1.1
TOK iShares MSCI Kokusai ETF 41.4 25 -21 6.0 +0.5
RECS Columbia Research Enhanced Core ETF 41.2 15 -11 6.6 +1.0
SYG SPDR MFS Systematic Growth Equity ETF 41.0 60 -56 5.4 -0.1
SUSL iShares ESG MSCI USA Leaders ETF 40.8 10 -6 5.3 -0.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 40.8 10 -6 5.3 -0.2
MMLG First Trust Multi-Manager Large Growth ETF 40.6 85 -81 2.6 -3.0
EXT WisdomTree U.S. Total Earnings Fund 40.4 28 -24 6.1 +0.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 40.3 25 -21 6.9 +1.4
JMOM JPMorgan U.S. Momentum Factor ETF 39.8 12 -8 4.0 -1.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 39.6 19 -15 6.8 +1.2
WOMN Impact Shares YWCA Women's Empowerment ETF 39.6 75 -71 5.1 -0.4
QUS SPDR MSCI USA StrategicFactors ETF 39.4 15 -11 6.2 +0.7
ADME Aptus Drawdown Managed Equity ETF 39.4 79 -75 4.3 -1.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 39.3 75 -71 4.2 -1.4
AFLG First Trust Active Factor Large Cap ETF 38.8 55 -51 6.4 +0.8
GBGR Global Beta Momentum-Growth ETF 38.6 29 -25 4.4 -1.2
JKE iShares Morningstar Large-Cap Growth ETF 38.4 25 -21 2.8 -2.7
STLG iShares Factors US Growth Style ETF 38.3 25 -21 6.1 +0.6
SFYF SoFi 50 ETF 37.4 29 -25 2.7 -2.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 37.1 15 -11 7.1 +1.6
URTH iShares MSCI World ETF 37.0 24 -20 6.1 +0.5
IUS Invesco Strategic US ETF 36.4 19 -15 7.1 +1.6
QLC FlexShares US Quality Large Cap Index Fund 36.2 32 -28 6.0 +0.5
NACP Impact Shares NAACP Minority Empowerment ETF 36.0 75 -71 5.7 +0.1
ACIO Aptus Collared Income Opportunity ETF 35.9 79 -75 5.2 -0.4
SPQQ Siren Large Cap Blend Index ETF 35.8 20 -16 5.3 -0.2
ESGG FlexShares STOXX Global ESG Impact Index Fund 35.7 42 -38 6.0 +0.5
FQAL Fidelity Quality Factor ETF 35.2 29 -25 6.3 +0.7
IYW iShares U.S. Technology ETF 34.9 43 -39 7.2 +1.7
SYE SPDR MFS Systematic Core Equity ETF 34.6 60 -56 6.6 +1.1

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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. Large-Cap Growth 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 26.5 %
Divided by: Fwd. P/BV 4.7 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.38 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.