Schwab 1000 Index ETF
ALTAR
Score™
4.7% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
22.9x P/Sales
ratio
2.6x
P/BV
ratio
3.7x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Schwab 1000 Index ETF tracks a proprietary market-cap-weighted index that includes 1000 of the largest US-listed stocks.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab
Website www.schwabfunds.com
Inception date Oct 11, 2017
Assets (mns) $1,511
Currency USD
Expense ratio 5 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1000
Wgt avg mkt cap (mns) $428,215
Large cap (>$10bn) 93.0%
Mid cap ($2-10bn) 6.5%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 5.2 %
MICROSOFT CORP 4.8 %
AMAZON.COM INC 3.6 %
FACEBOOK 1.7 %
ALPHABET INC. CLASS A 1.6 %
ALPHABET INC. CLASS C 1.6 %
TESLA MOTORS INC 1.4 %
BERKSHIRE HATHAWAY INC-CL B 1.3 %
JPMORGAN CHASE & CO 1.2 %
JOHNSON & JOHNSON 1.1 %
Total 23.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.5 %
IRELAND 1.5 %
BRITAIN 1.0 %
SWITZERLAND 0.4 %
BERMUDA 0.2 %
NETHERLANDS 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
2.0% 33.9% -- -- 15.2%

Market Correlations
versus... Beta R-squared
S&P500 1.03 100%
MSCI EAFE 0.96 85%
MSCI Emg. Mkts. 0.77 69%

Technical Indicators
Recent close $38.15
30d moving avg. $38.59
Annualized volatility 19.0%
Short interest (ETF) 0.2%
Short interest (Underlying) 1.8%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 219
Turnover 0.6%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $323,735

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the Schwab 1000 Index ETF ETF based on the alternatives' overlap in portfolio holdings with SCHK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SCHK Expense: 5 bp ALTAR Score™: 4.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SCHK
Ticker Fund
Name
Overlap1
vs SCHK
(%)
Expense
ratio
(bp)
Savings
vs SCHK
(bp)
ALTAR
Score™
(%)
ALTAR
vs SCHK
(%)
IYY iShares Dow Jones U.S. ETF 98.2 20 -15 4.6 -0.1
IWB iShares Russell 1000 ETF 96.5 15 -10 4.7 -0.0
SCHX Schwab U.S. Large-Cap ETF 95.8 3 2 4.8 +0.1
VONE Vanguard Russell 1000 ETF 94.0 8 -3 4.7 +0.1
SCHB Schwab U.S. Broad Market ETF 93.5 3 2 4.6 -0.1
VTHR Vanguard Russell 3000 Index Fund 93.4 10 -5 4.6 -0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 92.9 3 2 4.6 -0.1
IWV iShares Russell 3000 ETF 92.9 20 -15 4.5 -0.2
PBUS Invesco PureBeta MSCI USA ETF 92.5 4 1 4.8 +0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 91.4 2 3 4.8 +0.2
SPTM SPDR Portfolio Total Stock Market ETF 91.4 3 2 5.0 +0.3
VTI Vanguard Total Stock Market Index Fund 90.4 3 2 4.6 -0.1
VV Vanguard Large-Cap Index Fund 90.3 4 1 4.8 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 89.0 7 -2 4.7 +0.1
SPLG SPDR Portfolio Large Cap ETF 87.0 3 2 5.0 +0.3
IVV iShares Core S&P 500 ETF 87.0 3 2 4.9 +0.3
PBP Invesco S&P 500 BuyWrite ETF 87.0 49 -44 4.5 -0.2
SPY SPDR S&P 500 ETF Trust 87.0 9 -4 4.9 +0.2
XYLG Global X S&P 500 Covered Call & Growth ETF 87.0 60 -55 4.4 -0.2
VOO VANGUARD S&P 500 ETF 86.9 3 2 4.9 +0.3
DFAU Dimensional US Core Equity Market ETF 84.2 12 -7 4.9 +0.2
SPXE ProShares S&P 500 Ex-Energy ETF 83.8 27 -22 4.8 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 83.7 20 -15 4.9 +0.3
ESGV Vanguard ESG U.S. Stock ETF 83.4 12 -7 4.7 0.0
SFY SoFi Select 500 ETF 78.5 0 5 4.8 +0.1
JHML John Hancock Multifactor Large Cap ETF 77.8 29 -24 5.0 +0.3
XVV iShares ESG Screened S&P 500 ETF 77.2 8 -3 5.0 +0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 76.4 20 -15 4.8 +0.1
ESGU iShares MSCI USA ESG Optimized ETF 75.7 15 -10 4.7 0.0
SPXV ProShares S&P 500 Ex-Health Care ETF 74.9 27 -22 4.5 -0.2
SPXN ProShares S&P 500 Ex-Financials ETF 74.5 27 -22 4.5 -0.2
MGC Vanguard Mega Cap Index Fund 74.3 7 -2 4.8 +0.1
CATH Global X S&P 500 Catholic Values Custom ETF 74.0 29 -24 4.7 -0.0
BKLC BNY Mellon US Large Cap Core Equity ETF 72.3 0 5 4.8 +0.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 72.2 25 -20 5.0 +0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 72.2 9 -4 5.1 +0.4
IWL iShares Russell Top 200 ETF 71.6 15 -10 4.7 +0.0
TOK iShares MSCI Kokusai ETF 71.1 25 -20 5.0 +0.4
KOKU Xtrackers MSCI Kokusai Equity ETF 71.0 9 -4 5.2 +0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 69.9 12 -7 4.2 -0.5
AVUS Avantis U.S. Equity ETF 67.8 15 -10 5.1 +0.4
EPS WisdomTree U.S. Earnings 500 Fund 66.6 8 -3 6.2 +1.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 65.7 15 -10 5.0 +0.3
URTH iShares MSCI World ETF 65.5 24 -19 5.1 +0.4
IQSU IQ Candriam ESG US Equity ETF 64.6 9 -4 4.7 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 64.2 39 -34 5.8 +1.1
QUS SPDR MSCI USA StrategicFactors ETF 63.8 15 -10 5.5 +0.8
SNPE Xtrackers S&P 500 ESG ETF 63.1 10 -5 4.9 +0.2
EFIV SPDR S&P 500 ESG ETF 63.1 10 -5 4.9 +0.2
SPXT ProShares S&P 500 Ex-Technology ETF 62.6 27 -22 5.1 +0.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 62.0 25 -20 5.7 +1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 62.0 25 -20 5.6 +0.9
ACVF American Conservative Values ETF 61.8 75 -70 4.4 -0.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 61.8 30 -25 5.5 +0.9
IUSG iShares Core S&P US Growth ETF 60.2 4 1 4.0 -0.7
ESG FlexShares STOXX US ESG Impact Index Fund 59.7 32 -27 4.8 +0.1
DIVB iShares U.S. Dividend & Buyback ETF 58.8 25 -20 6.0 +1.4
IUS Invesco Strategic US ETF 57.9 19 -14 5.3 +0.7
VOOG Vanguard S&P 500 Growth ETF 57.7 10 -5 4.0 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 57.4 4 1 4.0 -0.7
IVW iShares S&P 500 Growth ETF 57.4 18 -13 3.9 -0.8
OEF iShares S&P 100 ETF 57.2 20 -15 4.6 -0.1
IUSV iShares Core S&P U.S. Value ETF 56.9 4 1 6.4 +1.7
ACWI iShares MSCI ACWI ETF 56.8 32 -27 5.2 +0.5
VOOV Vanguard S&P 500 Value ETF 56.5 10 -5 6.3 +1.6
VLU SPDR S&P 1500 Value Tilt ETF 56.1 12 -7 6.0 +1.3
IWF iShares Russell 1000 Growth ETF 56.0 19 -14 3.7 -1.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 56.0 60 -55 3.7 -1.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 55.9 30 -25 5.2 +0.5
RWL Invesco S&P 500 Revenue ETF 55.9 39 -34 6.1 +1.5
VONG Vanguard Russell 1000 Growth Index Fund 55.7 8 -3 3.8 -0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 55.4 20 -15 5.4 +0.7
SPYV SPDR Portfolio S&P 500 Value ETF 55.2 4 1 6.3 +1.7
VONV Vanguard Russell 1000 Value Index Fund 55.1 8 -3 6.1 +1.4
IVE iShares S&P 500 Value ETF 55.1 18 -13 6.2 +1.5
LOWC SPDR MSCI ACWI Low Carbon Target ETF 55.0 20 -15 5.4 +0.7
IWD iShares Russell 1000 Value ETF 54.6 19 -14 6.0 +1.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 53.6 15 -10 0.0 -4.7
VT Vanguard Total World Stock ETF 53.3 8 -3 5.5 +0.8
RESP WisdomTree US ESG Fund of Benef Interest 52.0 28 -23 5.5 +0.8
SCHV Schwab U.S. Large-Cap Value ETF 51.8 4 1 6.2 +1.5
DTD WisdomTree U.S.Total Dividend Fund 51.5 28 -23 6.5 +1.8
VUG Vanguard Growth Index Fund 51.3 4 1 3.6 -1.1
DLN WisdomTree U.S. LargeCap Dividend Fund 49.9 28 -23 6.4 +1.7
HIPR Direxion High Growth ETF 49.7 40 -35 4.2 -0.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 49.7 9 -4 5.2 +0.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 49.6 42 -37 4.9 +0.2
WOMN Impact Shares YWCA Women's Empowerment ETF 49.4 75 -70 4.5 -0.2
QWLD SPDR MSCI World StrategicFactors ETF 49.4 30 -25 5.6 +0.9
DSI iShares MSCI KLD 400 Social ETF 48.8 25 -20 4.7 +0.0
NACP Impact Shares NAACP Minority Empowerment ETF 48.7 49 -44 4.6 -0.1
KRMA Global X Conscious Companies ETF 48.6 43 -38 5.1 +0.4
EUSA iShares MSCI USA Equal Weighted ETF 48.5 15 -10 5.1 +0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 47.2 9 -4 5.4 +0.7
SIZE iShares MSCI USA Size Factor ETF 47.2 15 -10 5.1 +0.4
SUSA iShares MSCI USA ESG Select ETF 46.7 25 -20 4.5 -0.2
RECS Columbia Research Enhanced Core ETF 46.5 15 -10 5.5 +0.8
MXDU Nationwide Maximum Diversification US Core Equity ETF 46.3 34 -29 4.2 -0.5

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Schwab 1000 Index 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 17.0 %
Divided by: Fwd. P/BV 3.6 x
Less: Expense ratio 5 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.43 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.