Schwab 1000 Index ETF
ALTAR
Score™
6.0% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
22.5x P/Sales
ratio
2.4x
P/BV
ratio
3.2x Div.
yield
1.9%


  • 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) $1,068
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 993
Wgt avg mkt cap (mns) $396,076
Large cap (>$10bn) 92.0%
Mid cap ($2-10bn) 7.8%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 5.8 %
MICROSOFT CORP 5.1 %
AMAZON.COM INC 4.2 %
FACEBOOK 2.0 %
ALPHABET INC. CLASS A 1.4 %
ALPHABET INC. CLASS C 1.4 %
BERKSHIRE HATHAWAY INC-CL B 1.4 %
JOHNSON & JOHNSON 1.3 %
PROCTER & GAMBLE CO/THE 1.1 %
VISA INC-CLASS A SHARES 1.1 %
Total 24.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.8 %
IRELAND 1.6 %
BRITAIN 1.0 %
SWITZERLAND 0.3 %
BERMUDA 0.3 %






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.
10.2% 22.1% -- -- 13.5%

Market Correlations
versus... Beta R-squared
S&P500 1.02 100%
MSCI EAFE 1.03 85%
MSCI Emg. Mkts. 0.74 70%

Technical Indicators
Recent close $31.78
30d moving avg. $33.50
Annualized volatility 18.4%
Short interest (ETF) 0.3%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 175
Turnover 0.5%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $32,551

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 6.0%


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 99.0 20 -15 5.9 -0.1
IWB iShares Russell 1000 ETF 97.9 15 -10 5.9 -0.2
SCHX Schwab U.S. Large-Cap ETF 96.5 3 2 6.1 +0.0
VONE Vanguard Russell 1000 ETF 96.4 8 -3 5.9 -0.1
SCHB Schwab U.S. Broad Market ETF 95.2 3 2 5.9 -0.1
VTHR Vanguard Russell 3000 Index Fund 95.2 10 -5 5.8 -0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 94.9 3 2 5.9 -0.1
PBUS Invesco PureBeta MSCI USA ETF 94.0 4 1 6.1 +0.1
IWV iShares Russell 3000 ETF 93.6 20 -15 5.7 -0.3
SPTM SPDR Portfolio Total Stock Market ETF 93.2 3 2 6.3 +0.3
VV Vanguard Large-Cap Index Fund 92.3 4 1 6.0 -0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 90.6 2 3 6.1 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 90.5 7 -2 6.1 +0.1
VTI Vanguard Total Stock Market Index Fund 89.9 3 2 5.8 -0.3
XYLG Global X S&P 500 Covered Call & Growth ETF 89.0 60 -55 5.8 -0.2
IVV iShares Core S&P 500 ETF 89.0 3 2 6.3 +0.2
SPY SPDR S&P 500 ETF Trust 89.0 9 -4 6.2 +0.2
SPLG SPDR Portfolio Large Cap ETF 89.0 3 2 6.2 +0.2
PBP Invesco S&P 500 BuyWrite ETF 89.0 49 -44 5.8 -0.2
VOO VANGUARD S&P 500 ETF 89.0 3 2 6.2 +0.2
HSPX Global X S&P 500 Covered Call ETF 88.7 60 -55 5.7 -0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 87.4 20 -15 6.2 +0.2
SPXE ProShares S&P 500 Ex-Energy ETF 86.4 27 -22 6.2 +0.1
ESGV Vanguard ESG U.S. Stock ETF 84.6 12 -7 6.0 -0.0
SFY SoFi Select 500 ETF 78.9 0 5 5.7 -0.3
MGC Vanguard Mega Cap Index Fund 78.4 7 -2 6.1 +0.1
ESGU iShares MSCI USA ESG Optimized ETF 78.3 15 -10 5.9 -0.1
JHML John Hancock Multifactor Large Cap ETF 78.2 29 -24 6.1 +0.1
SPXN ProShares S&P 500 Ex-Financials ETF 77.4 27 -22 5.9 -0.1
CATH Global X S&P 500 Catholic Values Custom ETF 76.4 29 -24 6.1 +0.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 76.4 20 -15 5.8 -0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 75.7 27 -22 5.9 -0.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 75.3 25 -20 7.0 +1.0
IWL iShares Russell Top 200 ETF 75.1 15 -10 5.9 -0.1
BKLC BNY Mellon US Large Cap Core Equity ETF 74.8 0 5 6.2 +0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 73.7 9 -4 6.3 +0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 71.9 12 -7 6.4 +0.4
EPS WisdomTree U.S. Earnings 500 Fund 71.6 8 -3 7.4 +1.3
TOK iShares MSCI Kokusai ETF 70.4 25 -20 6.1 +0.1
AVUS Avantis U.S. Equity ETF 70.0 15 -10 6.3 +0.3
SNPE Xtrackers S&P 500 ESG ETF 68.0 10 -5 6.2 +0.2
IUSG iShares Core S&P US Growth ETF 67.9 4 1 6.0 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 67.2 39 -34 7.5 +1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 67.1 25 -20 7.5 +1.5
IQSU IQ Candriam ESG US Equity ETF 66.7 9 -4 6.3 +0.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 66.4 25 -20 7.5 +1.5
VOOG Vanguard S&P 500 Growth ETF 65.6 10 -5 6.0 -0.1
IVW iShares S&P 500 Growth ETF 65.3 18 -13 5.9 -0.1
SPYG SPDR Portfolio S&P 500 Growth ETF 65.2 4 1 6.0 0.0
QUS SPDR MSCI USA StrategicFactors ETF 64.6 15 -10 6.3 +0.3
SPXT ProShares S&P 500 Ex-Technology ETF 63.6 27 -22 5.7 -0.3
URTH iShares MSCI World ETF 62.9 24 -19 6.2 +0.2
IUS Invesco Strategic US ETF 61.6 19 -14 7.2 +1.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 61.6 60 -55 5.5 -0.5
ESG FlexShares STOXX US ESG Impact Index Fund 61.3 32 -27 5.8 -0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 61.0 30 -25 6.8 +0.8
DIVB iShares U.S. Dividend & Buyback ETF 59.6 25 -20 7.4 +1.3
OEF iShares S&P 100 ETF 59.4 20 -15 6.0 -0.0
VLU SPDR S&P 1500 Value Tilt ETF 59.4 12 -7 7.9 +1.8
DTD WisdomTree U.S.Total Dividend Fund 58.2 28 -23 7.4 +1.3
IWF iShares Russell 1000 Growth ETF 58.1 19 -14 5.7 -0.3
VONG Vanguard Russell 1000 Growth Index Fund 57.9 8 -3 5.8 -0.2
SCHG Schwab U.S. Large-Cap Growth ETF 56.9 4 1 5.7 -0.3
ACWI iShares MSCI ACWI ETF 56.7 32 -27 6.3 +0.3
DLN WisdomTree U.S. LargeCap Dividend Fund 55.6 28 -23 7.2 +1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 55.6 20 -15 6.6 +0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 55.0 29 -24 6.5 +0.5
EFIV SPDR S&P 500 ESG ETF 54.8 10 -5 6.2 +0.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 54.7 15 -10 7.2 +1.1
IWD iShares Russell 1000 Value ETF 54.6 19 -14 7.1 +1.1
VONV Vanguard Russell 1000 Value Index Fund 54.6 8 -3 7.2 +1.2
VUG Vanguard Growth Index Fund 54.5 4 1 5.7 -0.3
RWL Invesco S&P 500 Revenue ETF 54.4 39 -34 7.6 +1.6
EXT WisdomTree U.S. Total Earnings Fund 54.0 28 -23 6.3 +0.2
ESGG FlexShares STOXX Global ESG Impact Index Fund 53.0 42 -37 6.1 +0.1
IUSV iShares Core S&P U.S. Value ETF 52.6 4 1 7.7 +1.6
VT Vanguard Total World Stock Index Fund 52.6 8 -3 6.6 +0.6
AFLG First Trust Active Factor Large Cap ETF 51.7 55 -50 6.5 +0.5
VOOV Vanguard S&P 500 Value ETF 50.6 10 -5 7.5 +1.5
IVE iShares S&P 500 Value ETF 50.6 18 -13 7.4 +1.4
SPYV SPDR Portfolio S&P 500 Value ETF 50.5 4 1 7.6 +1.6
DSI iShares MSCI KLD 400 Social ETF 50.3 25 -20 5.2 -0.8
XLG Invesco S&P 500 Top 50 ETF 49.4 20 -15 6.0 -0.0
RECS Columbia Research Enhanced Core ETF 49.4 15 -10 6.7 +0.7
IWY iShares Russell Top 200 Growth ETF 49.4 20 -15 6.3 +0.3
NACP Impact Shares NAACP Minority Empowerment ETF 49.2 75 -70 5.8 -0.2
QWLD SPDR MSCI World StrategicFactors ETF 49.0 30 -25 6.5 +0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 48.6 9 -4 6.4 +0.3
VEGN US Vegan Climate ETF 48.3 60 -55 5.9 -0.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 48.2 9 -4 6.2 +0.2
WOMN Impact Shares YWCA Women's Empowerment ETF 48.2 75 -70 5.3 -0.7
DGRO iShares Core Dividend Growth ETF 48.0 8 -3 7.1 +1.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 47.8 20 -15 6.6 +0.5
SIZE iShares Edge MSCI USA Size Factor ETF 47.6 15 -10 6.4 +0.3
SUSL iShares ESG MSCI USA Leaders ETF 47.3 10 -5 5.4 -0.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 47.3 19 -14 6.9 +0.9
EUSA iShares MSCI USA Equal Weighted ETF 47.2 15 -10 6.4 +0.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 47.2 10 -5 5.4 -0.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 46.9 75 -70 4.2 -1.8
ROUS Hartford Multifactor US Equity ETF 46.8 19 -14 6.7 +0.6

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 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 18.1 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 5 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 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.