FNDBSchwab Fundamental US Broad Market Index ETF
FNDB Fund Description
The Schwab Fundamental U.S. Broad Market Index ETF tracks a fundamentally selected and weighted Russell Index based on sales, cash flow and dividends/buybacks.
FNDB Factset Analytics Insight
FNDB starts with the popular Russell 3000, an excellent cap-weighted total market index, and applies RAFI's signature fundamental screens to select and weight its stocks. The screens (5-year averages of sales, operating cash flow, and dividends plus buybacks) cut the holdings count in half. The idea is to overweight firms that generate a lot of cash through sales, and return a good chunk of it to shareholders. Despite these machinations, the fund avoids wild bets, with modest sector biases and a good Fit to our neutral total-market benchmark. While nowhere near as liquid as the segment's leaders, FNDB can be traded fairly in retail quantities with care. Spreads are moderate and daily volume is decent, while underlying liquidity is robust for larger investors. FNDB charges a middling fee in a very crowded segment, and tracking is somewhat loose, which could result in higher holding costs.
FNDB's underlying index changed its name from the Russell Fundamental U.S. Index to the Russell RAFI U.S. Index on 12/1/2016. There were no changes in index methodology or exposure.
FNDB MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 19, 2018 the Schwab Fundamental US Broad Market Index ETF MSCI ESG Fund Quality Score is 5.00 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FNDB ranks in the 37th percentile within its peer group and in the 34th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
FNDB CHARTS AND PERFORMANCE
FNDB Top 10 Countries
FNDB Top 10 Sectors
FNDB Top 10 Holdings [View All]
FNDB Portfolio Management
FNDB Tax Exposures
FNDB Fund Structure
FNDB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FNDB. FNDB is rated a 5 out of 5.
FNDB Sector/Industry Breakdown
FNDB TOP 10 HOLDINGS[View All]
FNDB Economic Development
FNDB Performance Statistics
FNDB MSCI ESG Ratings
FNDB BENCHMARK COMPARISON SUMMARY
FNDB BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.