FNDE

Schwab Fundamental Emerging Markets Large Co. Index ETF
LAST TRADECHANGE (%)VOLUME
$26.77+0.06 (0.22%)27.61K
11:05:17 a.m. (ET) 02/23/2017
BID SIZEBID ($)ASK ($)ASK SIZE
20026.6926.78500

Overall Rating

B

71
as of 02/22/17

Rating Details

84
85
71
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

FNDE Fund Description

The Schwab Fundamental Emerging Markets Large Company ETF tracks an index of emerging market stocks. Its selection and weighting is based on fundamental factors: sales, cash flow, and dividends/buybacks.

FNDE FactSet Analytics Insight

FNDE is part of Charles Schwab'sthis strategy produces material sector tilts fundamental suite, targeting the emerging markets large-cap space with a distinctive approach. The fund starts with the Russell Global ex-US universe. After eliminating developed markets, it then screens the universe based on RAFI's signature fundamental factors: sales, cash flow, and equity returns to shareholders. These three metrics are combined to produce a "fundamentally" weighted selection universe. The top 87.5% of this universe is then included in the large-company index. In practice, this strategy produces material sector tilts—particularly toward energy and away from technology—with a distinct value bias, and significant volatility. The fund sees robust trading with small spreads, and underlying liquidity is adequate for larger investors, though it should be noted that much of FNDE's portfolio does not trade during US market hours. Efficiency is lackluster with FNDE: despite a competitive fee, the fund lags its index by even more than its expense ratio, even taking into account securities lending revenue. Tracking is decent. Worth noting: the underlying index changed its name on 12/1/16, from the Russell Fundamental Emerging Markets Large Company Index to the Russell RAFI Emerging Market Large Company Index. This change does not alter the aforementioned methodology or exposure.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FNDE Top 10 Countries View All

FNDE Top 10 Sectors

FNDE Top 10 Holdings View All

FNDE Summary Data

08/15/13
Open-Ended Fund
0.47%
$1.03 B
$6.71 M
0.12%

FNDE Portfolio Data

$57.19 B
19.07
0.95
1.48%
12/18/17
280

FNDE Index Data

Russell RAFI Emerging Markets Large Company Index
Fundamental
Fundamental
MSCI Emerging Markets Large Cap

Related ETFs to FNDE

ADRE, CEZ, EDOG
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FNDE Portfolio Management

0.47%
-0.73%
-0.09%
-4.97%

FNDE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FNDE Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
----
----
50026.79
50026.78
BIDS20026.69
20026.68
20026.67
20026.66
10026.63
LAST 10 TRADES
TIMEPRICESHARES
11:05:1726.77200
10:52:4526.77100
10:28:4626.79200
10:03:2726.87100
09:58:2826.86200
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Bats BZX Real-time Quote - 11:07:11
Average Spread
Premium/Discount
Volume

FNDE FactSet Analytics Block Liquidity

As of 02/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FNDE. FNDE is rated a 5 out of 5.

FNDE Tradability

266,754
$6.71 M
253,442
$6.54 M
0.12%
$0.03
0.44%
2.44% / -1.94%
None
24.00%
100,000
2.53
0.08%
0.09%
0
$26.75
5

FNDE Performance Statistics

0.89
1.17
1.18
1.15
0.36%
MSCI Emerging Markets Large Cap