Schwab U.S. Large-Cap ETF
ALTAR
Score™
4.6% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
29.6x P/Sales
ratio
3.0x
P/BV
ratio
4.1x Div.
yield
1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab U.S. Large-Cap 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 Total Stock Market Index.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Management Inc
Website www.schwab.com/etf
Inception date Nov 03, 2009
Assets (mns) $26,390
Currency USD
Expense ratio 3 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 758
Wgt avg mkt cap (mns) $463,000
Large cap (>$10bn) 96.1%
Mid cap ($2-10bn) 3.7%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.2 %
MICROSOFT CORP 4.8 %
AMAZON.COM INC 3.9 %
FACEBOOK 1.8 %
TESLA MOTORS INC 1.8 %
ALPHABET INC. CLASS A 1.6 %
ALPHABET INC. CLASS C 1.5 %
BERKSHIRE HATHAWAY INC-CL B 1.3 %
JOHNSON & JOHNSON 1.2 %
JPMORGAN CHASE & CO 1.1 %
Total 25.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.6 %
IRELAND 1.5 %
BRITAIN 0.9 %
SWITZERLAND 0.4 %
BERMUDA 0.2 %
NETHERLANDS 0.1 %
CAYMAN ISLANDS 0.0 %




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.
20.8% 20.8% 15.6% 14.0% 14.2%

Market Correlations
versus... Beta R-squared
S&P500 1.01 100%
MSCI EAFE 0.94 86%
MSCI Emg. Mkts. 0.76 71%

Technical Indicators
Recent close $93.45
30d moving avg. $91.24
Annualized volatility 19.0%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.5%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 879
Turnover 0.3%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $309,418

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: SCHX Expense: 3 bp ALTAR Score™: 4.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SCHX
Ticker Fund
Name
Overlap1
vs SCHX
(%)
Expense
ratio
(bp)
Savings
vs SCHX
(bp)
ALTAR
Score™
(%)
ALTAR
vs SCHX
(%)
SCHK Schwab 1000 Index ETF 96.5 5 -2 4.6 +0.0
IWB iShares Russell 1000 ETF 96.0 15 -12 4.5 -0.1
IYY iShares Dow Jones U.S. ETF 96.0 20 -17 4.4 -0.1
PBUS Invesco PureBeta MSCI USA ETF 95.9 4 -1 4.6 +0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 95.3 2 1 4.6 +0.1
VV Vanguard Large-Cap Index Fund 94.0 4 -1 4.6 +0.0
VTHR Vanguard Russell 3000 Index Fund 93.1 10 -7 4.4 -0.2
SPTM SPDR Portfolio Total Stock Market ETF 92.8 3 0 4.8 +0.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 92.6 7 -4 4.5 -0.0
IVV iShares Core S&P 500 ETF 90.5 3 0 4.7 +0.2
SPLG SPDR Portfolio Large Cap ETF 90.5 3 0 4.7 +0.2
SPY SPDR S&P 500 ETF Trust 90.5 9 -6 4.7 +0.1
PBP Invesco S&P 500 BuyWrite ETF 90.5 49 -46 4.3 -0.3
XYLG Global X S&P 500 Covered Call & Growth ETF 90.3 60 -57 4.4 -0.2
VOO VANGUARD S&P 500 ETF 90.3 3 0 4.8 +0.3
SCHB Schwab U.S. Broad Market ETF 90.2 3 0 4.5 -0.1
IWV iShares Russell 3000 ETF 89.7 20 -17 4.3 -0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 89.7 3 0 4.4 -0.2
VONE Vanguard Russell 1000 ETF 87.9 8 -5 4.6 0.0
SPXE ProShares S&P 500 Ex-Energy ETF 87.6 27 -24 4.6 +0.1
VTI Vanguard Total Stock Market Index Fund 87.1 3 0 4.4 -0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 87.0 20 -17 4.8 +0.2
ESGV Vanguard ESG U.S. Stock ETF 84.1 12 -9 4.5 -0.1
DFAU Dimensional US Core Equity Market ETF 82.9 12 -9 4.7 +0.1
XVV iShares ESG Screened S&P 500 ETF 80.1 8 -5 4.9 +0.3
SFY SoFi Select 500 ETF 79.6 0 3 4.6 +0.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 78.9 20 -17 4.6 +0.0
ESGU iShares MSCI USA ESG Optimized ETF 78.5 15 -12 4.4 -0.2
JHML John Hancock Multifactor Large Cap ETF 78.3 29 -26 4.9 +0.3
SPXN ProShares S&P 500 Ex-Financials ETF 78.3 27 -24 4.3 -0.2
MGC Vanguard Mega Cap Index Fund 77.8 7 -4 4.6 +0.0
SPXV ProShares S&P 500 Ex-Health Care ETF 77.5 27 -24 4.3 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 76.3 29 -26 4.6 0.0
BKLC BNY Mellon US Large Cap Core Equity ETF 75.8 0 3 4.4 -0.1
IWL iShares Russell Top 200 ETF 75.1 15 -12 4.4 -0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 74.1 9 -6 4.8 +0.2
KOKU Xtrackers MSCI Kokusai Equity ETF 71.0 9 -6 5.0 +0.5
TOK iShares MSCI Kokusai ETF 70.9 25 -22 4.9 +0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 70.5 12 -9 4.0 -0.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 69.9 25 -22 4.9 +0.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 68.6 15 -12 4.7 +0.1
EPS WisdomTree U.S. Earnings 500 Fund 68.6 8 -5 5.9 +1.4
IQSU IQ Candriam ESG US Equity ETF 67.6 9 -6 4.5 -0.1
AVUS Avantis U.S. Equity ETF 66.8 15 -12 4.8 +0.3
SNPE Xtrackers S&P 500 ESG ETF 65.9 10 -7 4.6 0.0
EFIV SPDR S&P 500 ESG ETF 65.9 10 -7 4.6 0.0
URTH iShares MSCI World ETF 65.4 24 -21 5.0 +0.4
QUS SPDR MSCI USA StrategicFactors ETF 64.9 15 -12 5.3 +0.7
SPXT ProShares S&P 500 Ex-Technology ETF 64.9 27 -24 4.9 +0.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 64.9 30 -27 5.3 +0.7
PRF Invesco FTSE RAFI US 1000 ETF 64.5 39 -36 5.7 +1.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 63.1 25 -22 5.7 +1.2
ESG FlexShares STOXX US ESG Impact Index Fund 62.3 32 -29 4.5 -0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 62.0 60 -57 3.6 -1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 61.9 25 -22 5.7 +1.1
IUSG iShares Core S&P US Growth ETF 61.9 4 -1 3.6 -0.9
VOOG Vanguard S&P 500 Growth ETF 60.9 10 -7 3.9 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 60.6 4 -1 3.6 -0.9
IVW iShares S&P 500 Growth ETF 60.6 18 -15 3.5 -1.1
DIVB iShares U.S. Dividend & Buyback ETF 60.2 25 -22 5.9 +1.4
OEF iShares S&P 100 ETF 60.2 20 -17 4.2 -0.4
IUS Invesco Strategic US ETF 59.3 19 -16 5.5 +0.9
IWF iShares Russell 1000 Growth ETF 58.5 19 -16 3.4 -1.2
VONG Vanguard Russell 1000 Growth Index Fund 58.2 8 -5 3.5 -1.0
VOOV Vanguard S&P 500 Value ETF 57.4 10 -7 6.6 +2.1
RWL Invesco S&P 500 Revenue ETF 56.7 39 -36 6.3 +1.7
IUSV iShares Core S&P U.S. Value ETF 56.7 4 -1 6.5 +1.9
ACWI iShares MSCI ACWI ETF 56.4 32 -29 5.1 +0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 56.3 30 -27 5.1 +0.5
IVE iShares S&P 500 Value ETF 56.1 18 -15 6.3 +1.8
SPYV SPDR Portfolio S&P 500 Value ETF 56.1 4 -1 6.5 +1.9
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 56.0 15 -12 0.0 -4.6
VLU SPDR S&P 1500 Value Tilt ETF 55.8 12 -9 6.2 +1.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 55.1 20 -17 5.3 +0.8
LOWC SPDR MSCI ACWI Low Carbon Target ETF 54.8 20 -17 5.3 +0.8
VONV Vanguard Russell 1000 Value Index Fund 54.4 8 -5 6.2 +1.7
VUG Vanguard Growth Index Fund 54.3 4 -1 3.5 -1.1
IWD iShares Russell 1000 Value ETF 54.0 19 -16 6.1 +1.5
RESP WisdomTree US ESG Fund of Benef Interest 53.8 28 -25 5.0 +0.5
SCHV Schwab U.S. Large-Cap Value ETF 52.8 4 -1 6.1 +1.5
DTD WisdomTree U.S.Total Dividend Fund 52.6 28 -25 6.2 +1.7
HIPR Direxion High Growth ETF 52.2 40 -37 3.8 -0.8
DLN WisdomTree U.S. LargeCap Dividend Fund 51.9 28 -25 6.1 +1.6
VT Vanguard Total World Stock ETF 51.3 8 -5 5.4 +0.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 51.2 42 -39 4.6 +0.0
AFLG First Trust Active Factor Large Cap ETF 50.6 55 -52 4.7 +0.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 50.6 9 -6 5.0 +0.5
DSI iShares MSCI KLD 400 Social ETF 50.0 25 -22 4.6 0.0
KRMA Global X Conscious Companies ETF 49.9 43 -40 4.8 +0.3
QWLD SPDR MSCI World StrategicFactors ETF 49.9 30 -27 5.4 +0.8
EUSA iShares MSCI USA Equal Weighted ETF 49.1 15 -12 5.2 +0.6
IWY iShares Russell Top 200 Growth ETF 49.0 20 -17 3.5 -1.0
SUSA iShares MSCI USA ESG Select ETF 48.5 25 -22 4.2 -0.3
NACP Impact Shares NAACP Minority Empowerment ETF 48.4 49 -46 4.7 +0.1
RECS Columbia Research Enhanced Core ETF 48.1 15 -12 5.1 +0.5
XLG Invesco S&P 500 Top 50 ETF 47.9 20 -17 4.0 -0.5
SIZE iShares MSCI USA Size Factor ETF 47.9 15 -12 5.2 +0.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 47.5 9 -6 5.1 +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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 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 16.8 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 3 bp
Equals: ALTAR Score 4.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.43 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.