Schwab U.S. Large-Cap Growth ETF
ALTAR
Score™
4.0% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
35.3x P/Sales
ratio
3.8x
P/BV
ratio
5.5x Div.
yield
0.7%


  • 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) $11,362
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) $561,906
Large cap (>$10bn) 96.7%
Mid cap ($2-10bn) 3.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 9.7 %
APPLE INC 9.3 %
AMAZON.COM INC 8.0 %
FACEBOOK 3.5 %
ALPHABET INC. CLASS A 2.8 %
ALPHABET INC. CLASS C 2.7 %
BERKSHIRE HATHAWAY INC-CL B 2.1 %
VISA INC-CLASS A SHARES 1.9 %
UNITEDHEALTH GROUP INC 1.6 %
HOME DEPOT INC 1.6 %
Total 43.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.3 %
BRITAIN 1.4 %
IRELAND 1.0 %
BERMUDA 0.2 %







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.
9.7% 23.0% 14.8% 16.8% 15.1%

Market Correlations
versus... Beta R-squared
S&P500 1.01 96%
MSCI EAFE 0.97 77%
MSCI Emg. Mkts. 0.70 63%

Technical Indicators
Recent close $106.64
30d moving avg. $101.31
Annualized volatility 17.6%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.9%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 819
Turnover 0.8%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $201,969

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™: 4.0%


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 82.2 4 0 3.9 -0.1
VONG Vanguard Russell 1000 Growth Index Fund 77.2 8 -4 4.1 +0.1
IWF iShares Russell 1000 Growth ETF 75.5 19 -15 4.0 +0.0
IUSG iShares Core S&P US Growth ETF 74.8 4 0 4.3 +0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 74.0 4 0 4.2 +0.2
IVW iShares S&P 500 Growth ETF 74.0 18 -14 4.1 +0.1
VOOG Vanguard S&P 500 Growth ETF 73.7 10 -6 4.2 +0.2
MGK Vanguard Mega Cap Growth ETF 71.5 7 -3 4.0 -0.0
TMFC Motley Fool 100 Index ETF 68.4 50 -46 3.6 -0.4
IWY iShares Russell Top 200 Growth ETF 67.2 20 -16 4.0 -0.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 67.0 60 -56 4.3 +0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 63.9 12 -8 4.9 +0.8
IQSU IQ Candriam ESG US Equity ETF 62.0 9 -5 5.0 +1.0
IWL iShares Russell Top 200 ETF 61.2 15 -11 5.0 +0.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 61.2 21 -17 2.8 -1.2
IETC iShares Evolved U.S. Technology ETF 60.5 18 -14 3.7 -0.3
SPXN ProShares S&P 500 Ex-Financials ETF 60.0 27 -23 4.9 +0.9
BKLC BNY Mellon US Large Cap Core Equity ETF 59.8 0 4 5.2 +1.1
SPXV ProShares S&P 500 Ex-Health Care ETF 59.2 27 -23 4.9 +0.9
PBP Invesco S&P 500 BuyWrite ETF 58.9 49 -45 5.0 +1.0
SPXE ProShares S&P 500 Ex-Energy ETF 58.9 27 -23 5.3 +1.2
OEF iShares S&P 100 ETF 58.8 20 -16 4.7 +0.7
SCHX Schwab U.S. Large-Cap ETF 58.4 3 1 5.2 +1.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 58.3 20 -16 5.3 +1.3
MGC Vanguard Mega Cap Index Fund 58.2 7 -3 5.2 +1.2
HSPX Global X S&P 500 Covered Call ETF 58.0 65 -61 4.9 +0.8
ESGV Vanguard ESG U.S. Stock ETF 58.0 12 -8 5.1 +1.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 57.9 2 2 5.3 +1.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 57.9 7 -3 5.2 +1.1
PBUS Invesco PureBeta MSCI USA ETF 57.8 4 0 5.2 +1.2
XLG Invesco S&P 500 Top 50 ETF 57.6 20 -16 4.4 +0.4
SNPE Xtrackers S&P 500 ESG ETF 57.6 11 -7 5.0 +1.0
SPY SPDR S&P 500 ETF Trust 57.6 9 -5 5.3 +1.3
VV Vanguard Large-Cap Index Fund 57.5 4 0 5.2 +1.2
SPLG SPDR Portfolio Large Cap ETF 57.5 3 1 5.4 +1.4
IVV iShares Core S&P 500 ETF 57.5 4 0 5.4 +1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 57.2 20 -16 4.9 +0.9
VOO VANGUARD S&P 500 ETF 57.2 3 1 5.4 +1.4
CATH Global X S&P 500 Catholic Values Custom ETF 56.6 29 -25 5.2 +1.2
IGM iShares Expanded Tech Sector ETF 56.6 46 -42 3.7 -0.4
VONE Vanguard Russell 1000 ETF 56.5 8 -4 5.2 +1.2
SCHK Schwab 1000 Index ETF 56.4 5 -1 5.2 +1.2
IWB iShares Russell 1000 ETF 56.2 15 -11 5.1 +1.1
IYY iShares Dow Jones U.S. ETF 56.0 20 -16 5.1 +1.1
QQQ Invesco QQQ Trust 55.8 20 -16 3.7 -0.3
QYLD Global X NASDAQ 100 Covered Call ETF 55.8 60 -56 3.5 -0.6
NUSI Nationwide Risk-Managed Income ETF 55.8 68 -64 3.4 -0.7
ESGU iShares MSCI USA ESG Optimized ETF 55.1 15 -11 5.1 +1.0
SFY SoFi Select 500 ETF 54.5 0 4 5.2 +1.2
SPTM SPDR Portfolio Total Stock Market ETF 54.2 3 1 5.5 +1.5
SCHB Schwab U.S. Broad Market ETF 53.6 3 1 5.2 +1.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 53.4 3 1 5.1 +1.1
VTHR Vanguard Russell 3000 Index Fund 53.4 10 -6 5.1 +1.1
IWV iShares Russell 3000 ETF 53.2 20 -16 5.0 +1.0
VTI Vanguard Total Stock Market Index Fund 52.8 3 1 5.1 +1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 52.3 9 -5 5.5 +1.5
VEGN US Vegan Climate ETF 52.3 60 -56 5.1 +1.1
DSI iShares MSCI KLD 400 Social ETF 52.1 25 -21 5.1 +1.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 51.3 49 -45 4.0 +0.0
JHML John Hancock Multifactor Large Cap ETF 49.8 29 -25 5.5 +1.5
SPXT ProShares S&P 500 Ex-Technology ETF 48.5 27 -23 5.6 +1.6
ESG FlexShares STOXX US ESG Impact Index Fund 47.4 32 -28 5.0 +1.0
MTUM iShares Edge MSCI USA Momentum Factor ETF 46.8 15 -11 4.0 -0.0
FDMO Fidelity Momentum Factor ETF 46.5 29 -25 3.7 -0.3
SUSL iShares ESG MSCI USA Leaders ETF 46.5 10 -6 5.3 +1.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 46.5 10 -6 5.2 +1.2
HIPR Direxion High Growth ETF 46.1 40 -36 2.8 -1.3
AVUS Avantis U.S. Equity ETF 43.7 15 -11 5.7 +1.7
NACP Impact Shares NAACP Minority Empowerment ETF 43.5 75 -71 4.5 +0.4
RECS Columbia Research Enhanced Core ETF 43.3 15 -11 5.6 +1.6
SYG SPDR MFS Systematic Growth Equity ETF 43.3 60 -56 4.2 +0.2
JMOM JPMorgan U.S. Momentum Factor ETF 43.3 12 -8 3.8 -0.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 43.0 75 -71 3.7 -0.3
JKE iShares Morningstar Large-Cap Growth ETF 42.9 25 -21 2.8 -1.3
WOMN Impact Shares YWCA Women's Empowerment ETF 42.8 75 -71 4.4 +0.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 42.4 19 -15 5.6 +1.6
EPS WisdomTree U.S. Earnings 500 Fund 42.3 8 -4 6.5 +2.4
ADME Aptus Drawdown Managed Equity ETF 42.2 81 -77 3.5 -0.5
EXT WisdomTree U.S. Total Earnings Fund 42.1 28 -24 5.2 +1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 41.0 9 -5 5.7 +1.6
TOK iShares MSCI Kokusai ETF 41.0 25 -21 5.5 +1.5
QUS SPDR MSCI USA StrategicFactors ETF 40.7 15 -11 5.8 +1.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 40.3 25 -21 6.6 +2.6
STLG iShares Factors US Growth Style ETF 40.1 25 -21 3.6 -0.4
LRGE ClearBridge Large Cap Growth ESG ETF 40.0 59 -55 3.7 -0.3
SPMO Invesco S&P 500 Momentum ETF 39.8 13 -9 4.3 +0.3
IYW iShares U.S. Technology ETF 39.6 42 -38 3.9 -0.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 38.5 15 -11 6.2 +2.1
SFYF SoFi 50 ETF 38.3 29 -25 4.9 +0.9
FTEC Fidelity MSCI Information Technology Index ETF 38.0 8 -4 4.5 +0.4
VGT Vanguard Information Technology Index Fund 38.0 10 -6 4.5 +0.4
URTH iShares MSCI World ETF 37.8 24 -20 5.6 +1.6
ACIO Aptus Collared Income Opportunity ETF 37.7 79 -75 4.4 +0.3
AFLG First Trust Active Factor Large Cap ETF 37.6 55 -51 5.5 +1.5
FDLO Fidelity Low Volatility Factor ETF 37.4 29 -25 5.1 +1.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 37.3 30 -26 6.5 +2.5
TECB iShares US Tech Breakthrough Multisector ETF 36.9 40 -36 3.9 -0.2
FQAL Fidelity Quality Factor ETF 36.8 29 -25 5.4 +1.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 36.5 12 -8 4.7 +0.7
IUS Invesco Strategic US ETF 36.5 19 -15 6.7 +2.7

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. Large-Cap Growth 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 20.4 %
Divided by: Fwd. P/BV 5.0 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 4.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.37 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.