Schwab U.S. Large-Cap Growth ETF
ALTAR
Score™
3.3% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
43.5x P/Sales
ratio
5.1x
P/BV
ratio
9.0x Div.
yield
0.4%


  • 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) $13,192
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 227
Wgt avg mkt cap (mns) $840,525
Large cap (>$10bn) 98.1%
Mid cap ($2-10bn) 1.6%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 12.6 %
MICROSOFT CORP 10.0 %
AMAZON.COM INC 8.2 %
TESLA MOTORS INC 3.9 %
FACEBOOK 3.7 %
ALPHABET INC. CLASS A 3.2 %
ALPHABET INC. CLASS C 3.1 %
VISA INC-CLASS A SHARES 2.1 %
UNITEDHEALTH GROUP INC 2.1 %
NVIDIA CORP 2.0 %
Total 50.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.8 %
BRITAIN 0.8 %
NETHERLANDS 0.3 %
IRELAND 0.1 %
BERMUDA 0.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
39.1% 39.1% 20.6% 16.9% 16.9%

Market Correlations
versus... Beta R-squared
S&P500 1.02 96%
MSCI EAFE 0.92 76%
MSCI Emg. Mkts. 0.74 63%

Technical Indicators
Recent close $126.54
30d moving avg. $126.73
Annualized volatility 19.6%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.9%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 431
Turnover 0.4%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $169,362

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 3.3%


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
(%)
MGK Vanguard Mega Cap Growth ETF 75.3 7 -3 3.8 +0.5
SPYG SPDR Portfolio S&P 500 Growth ETF 73.5 4 0 3.8 +0.5
IVW iShares S&P 500 Growth ETF 73.4 18 -14 3.7 +0.4
VUG Vanguard Growth Index Fund 72.5 4 0 3.6 +0.3
IWF iShares Russell 1000 Growth ETF 71.6 19 -15 3.6 +0.3
IWY iShares Russell Top 200 Growth ETF 71.4 20 -16 3.7 +0.4
IUSG iShares Core S&P US Growth ETF 70.4 4 0 3.8 +0.5
TMFC Motley Fool 100 Index ETF 70.1 50 -46 3.2 -0.1
VONG Vanguard Russell 1000 Growth Index Fund 69.8 8 -4 3.7 +0.4
VOOG Vanguard S&P 500 Growth ETF 67.5 10 -6 4.1 +0.8
ESGV Vanguard ESG U.S. Stock ETF 63.7 12 -8 4.6 +1.3
IETC iShares Evolved U.S. Technology ETF 63.0 18 -14 3.6 +0.3
QYLD Global X NASDAQ 100 Covered Call ETF 60.0 60 -56 3.2 -0.1
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 59.9 60 -56 3.2 -0.1
QQQM Invesco NASDAQ 100 ETF 59.7 15 -11 3.7 +0.4
QQQ Invesco QQQ Trust 59.7 20 -16 3.6 +0.3
NUSI Nationwide Risk-Managed Income ETF 59.4 68 -64 3.1 -0.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 58.9 12 -8 4.1 +0.8
IGM iShares Expanded Tech Sector ETF 58.7 46 -42 3.4 +0.1
XLG Invesco S&P 500 Top 50 ETF 58.0 20 -16 4.2 +0.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 57.9 21 -17 3.0 -0.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 57.6 49 -45 3.5 +0.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 56.2 60 -56 3.7 +0.4
HIPR Direxion High Growth ETF 54.5 40 -36 4.0 +0.7
SPMO Invesco S&P 500 Momentum ETF 51.3 13 -9 4.0 +0.7
OEF iShares S&P 100 ETF 51.0 20 -16 4.3 +1.0
BKLC BNY Mellon US Large Cap Core Equity ETF 50.5 0 4 4.6 +1.3
IWL iShares Russell Top 200 ETF 49.3 15 -11 4.5 +1.2
JKE iShares Morningstar Large-Cap Growth ETF 49.1 25 -21 2.3 -1.0
SPXN ProShares S&P 500 Ex-Financials ETF 49.0 27 -23 4.5 +1.2
MGC Vanguard Mega Cap Index Fund 48.2 7 -3 4.7 +1.4
IQSU IQ Candriam ESG US Equity ETF 47.8 9 -5 4.6 +1.3
IYW iShares U.S. Technology ETF 46.6 43 -39 3.6 +0.3
EFIV SPDR S&P 500 ESG ETF 46.5 10 -6 4.7 +1.4
SNPE Xtrackers S&P 500 ESG ETF 46.4 10 -6 4.7 +1.4
DSI iShares MSCI KLD 400 Social ETF 45.5 25 -21 4.7 +1.4
VEGN US Vegan Climate ETF 45.4 60 -56 4.1 +0.8
PBP Invesco S&P 500 BuyWrite ETF 45.3 49 -45 4.4 +1.1
SPXE ProShares S&P 500 Ex-Energy ETF 45.1 27 -23 4.7 +1.4
SPXV ProShares S&P 500 Ex-Health Care ETF 45.0 27 -23 4.4 +1.1
MTUM iShares MSCI USA Momentum Factor ETF 45.0 15 -11 2.3 -1.0
PBUS Invesco PureBeta MSCI USA ETF 44.8 4 0 4.7 +1.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 44.7 7 -3 4.6 +1.3
XYLG Global X S&P 500 Covered Call & Growth ETF 44.5 60 -56 4.4 +1.1
SPY SPDR S&P 500 ETF Trust 44.3 9 -5 4.8 +1.5
SPLG SPDR Portfolio Large Cap ETF 44.3 3 1 4.8 +1.5
IVV iShares Core S&P 500 ETF 44.2 3 1 4.8 +1.5
SCHX Schwab U.S. Large-Cap ETF 44.2 3 1 4.6 +1.3
SYG SPDR MFS Systematic Growth Equity ETF 44.2 60 -56 3.6 +0.3
FDMO Fidelity Momentum Factor ETF 44.0 29 -25 2.5 -0.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 44.0 2 2 4.7 +1.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 43.9 20 -16 4.9 +1.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 43.9 20 -16 4.7 +1.4
STLG iShares Factors US Growth Style ETF 43.8 25 -21 4.0 +0.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 43.5 9 -5 4.9 +1.6
VV Vanguard Large-Cap Index Fund 43.5 4 0 4.7 +1.4
ESGU iShares MSCI USA ESG Optimized ETF 43.4 15 -11 4.5 +1.2
SFY SoFi Select 500 ETF 43.2 0 4 4.6 +1.3
CATH Global X S&P 500 Catholic Values Custom ETF 43.0 29 -25 4.7 +1.4
SCHK Schwab 1000 Index ETF 42.9 5 -1 4.7 +1.4
FTEC Fidelity MSCI Information Technology Index ETF 42.9 8 -4 4.1 +0.8
VGT Vanguard Information Technology Index Fund 42.9 10 -6 4.1 +0.8
IWB iShares Russell 1000 ETF 42.7 15 -11 4.6 +1.3
SUSL iShares ESG MSCI USA Leaders ETF 42.5 10 -6 4.9 +1.6
JCTR JPMorgan Carbon Transition U.S. Equity ETF 42.5 15 -11 4.7 +1.4
VOO VANGUARD S&P 500 ETF 42.5 3 1 4.9 +1.6
IYY iShares Dow Jones U.S. ETF 42.5 20 -16 4.5 +1.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 42.5 10 -6 4.9 +1.6
ESG FlexShares STOXX US ESG Impact Index Fund 42.0 32 -28 4.6 +1.3
ADME Aptus Drawdown Managed Equity ETF 41.5 79 -75 3.2 -0.1
JMOM JPMorgan U.S. Momentum Factor ETF 41.5 12 -8 3.0 -0.3
SPTM SPDR Portfolio Total Stock Market ETF 41.2 3 1 4.9 +1.6
USXF iShares ESG Advanced MSCI USA ETF 41.1 10 -6 4.6 +1.3
VTHR Vanguard Russell 3000 Index Fund 40.8 10 -6 4.5 +1.2
SCHB Schwab U.S. Broad Market ETF 39.9 3 1 4.5 +1.2
IWV iShares Russell 3000 ETF 39.8 20 -16 4.4 +1.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 39.7 3 1 4.5 +1.2
VONE Vanguard Russell 1000 ETF 39.2 8 -4 4.6 +1.3
XLK Technology Select Sector SPDR Fund 38.6 13 -9 4.4 +1.1
IXN iShares Global Tech ETF 38.6 46 -42 3.9 +0.6
VTI Vanguard Total Stock Market Index Fund 38.6 3 1 4.5 +1.2
RECS Columbia Research Enhanced Core ETF 38.0 15 -11 5.2 +1.9
WOMN Impact Shares YWCA Women's Empowerment ETF 37.8 75 -71 3.6 +0.3
TECB iShares US Tech Breakthrough Multisector ETF 37.7 40 -36 3.6 +0.3
IOO iShares Global 100 ETF 37.7 40 -36 4.4 +1.1
PWB Invesco Dynamic Large Cap Growth ETF 37.5 56 -52 2.2 -1.1
NULG Nuveen ESG Large-Cap Growth ETF 37.4 35 -31 3.0 -0.3
DFAU Dimensional US Core Equity Market ETF 37.2 12 -8 4.7 +1.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 36.8 15 -11 5.8 +2.5
LRGE ClearBridge Large Cap Growth ESG ETF 36.8 59 -55 3.4 +0.1
ACIO Aptus Collared Income Opportunity ETF 36.7 79 -75 3.9 +0.6
MMLG First Trust Multi-Manager Large Growth ETF 36.6 85 -81 1.9 -1.4
SUSA iShares MSCI USA ESG Select ETF 36.5 25 -21 4.3 +1.0
SPQQ Siren Large Cap Blend Index ETF 35.6 20 -16 4.3 +1.0
RESP WisdomTree US ESG Fund of Benef Interest 35.4 28 -24 5.2 +1.9
SYE SPDR MFS Systematic Core Equity ETF 34.9 60 -56 4.9 +1.6
JHML John Hancock Multifactor Large Cap ETF 34.8 29 -25 4.9 +1.6
JOYY Infusive Compounding Global Equities ETF 34.8 50 -46 3.6 +0.3
NACP Impact Shares NAACP Minority Empowerment ETF 34.7 49 -45 4.8 +1.5

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 24.7 %
Divided by: Fwd. P/BV 7.4 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 3.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.33 CATEGORY
AVERAGE
1.49
 
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.