Schwab U.S. Large-Cap Growth
ALTAR
Score™
4.9% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
25.8x P/Sales
ratio
3.0x
P/BV
ratio
4.9x Div.
yield
0.8%


  • 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) $8,618
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 353
Wgt avg mkt cap (mns) $372,705
Large cap (>$10bn) 93.8%
Mid cap ($2-10bn) 6.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 8.0 %
APPLE INC 7.9 %
AMAZON.COM INC 5.3 %
FACEBOOK 3.3 %
BERKSHIRE HATHAWAY INC-CL B 3.1 %
ALPHABET INC. CLASS C 2.8 %
ALPHABET INC. CLASS A 2.8 %
VISA INC-CLASS A SHARES 2.2 %
HOME DEPOT INC 1.8 %
WALT DISNEY CO/THE 1.8 %
Total 39.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.9 %
BRITAIN 1.5 %
IRELAND 1.0 %
BERMUDA 0.3 %







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.
26.6% 17.0% 12.6% -- 14.3%

Market Correlations
versus... Beta R-squared
S&P500 1.03 94%
MSCI EAFE 0.91 62%
MSCI Emg. Mkts. 0.64 50%

Technical Indicators
Recent close $88.62
30d moving avg. $85.74
Annualized volatility 12.9%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.9%
Relative strength (RSI) 73

Liquidity measures
Avg. volume (thou.) 399
Turnover 0.4%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $87,872

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Schwab U.S. Large-Cap Growth 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™: 4.9%


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 ETF 78.3 4 0 4.9 -0.1
IWF iShares Russell 1000 Growth 74.3 19 -15 5.0 +0.1
VONG Vanguard Russell 1000 Growth 73.8 12 -8 5.1 +0.1
MGK Vanguard Mega Cap 300 Growth 66.8 7 -3 5.0 +0.1
IWY iShares Russell Top 200 Growth 63.3 20 -16 5.1 +0.2
TMFC Motley Fool 100 Index 61.6 50 -46 4.4 -0.5
SPYG SPDR Portfolio S&P 500 Growth 61.1 4 0 5.1 +0.2
IVW iShares S&P 500 Growth 61.1 18 -14 5.0 +0.0
VOOG Vanguard S&P 500 Growth 61.1 15 -11 5.0 +0.0
IUSG iShares Core U.S. Growth 60.6 4 0 5.1 +0.2
XOUT GraniteShares XOUT US Large Cap 58.7 60 -56 5.2 +0.2
OQAL Invesco Russell 1000 Quality Factor ETF 58.0 19 -15 5.3 +0.4
IETC iShares Evolved U.S. Technology 53.9 18 -14 4.8 -0.1
SFY SoFi Select 500 53.4 0 4 5.7 +0.7
SPXN ProShares S&P 500 Ex-Financials 52.3 27 -23 5.9 +1.0
OMOM Invesco Russell 1000 Momentum Factor ETF 52.1 19 -15 5.3 +0.4
IWL iShares Russell Top 200 51.2 15 -11 5.7 +0.8
XLG Invesco S&P Top 50 51.2 20 -16 5.2 +0.2
IGM iShares S&P N. American Technology 51.0 46 -42 4.6 -0.3
SPXE ProShares S&P 500 Ex-Energy 50.8 27 -23 5.9 +1.0

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
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
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 21.0 %
Divided by: Fwd. P/BV 4.2 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.39 CATEGORY
AVERAGE
1.55
 
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.