FNDE

Schwab Fundamental Emerging Markets Large Co. Index ETF
B

69
  • 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's 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.

FNDE 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 December 12, 2017 the Schwab Fundamental Emerging Markets Large Co. Index ETF MSCI ESG Fund Quality Score is 4.13 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. FNDE ranks in the 13th percentile within its peer group and in the 11st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 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

Schwab
08/15/13
Open-Ended Fund
0.39%
$1.81B
$8.01M
0.07%

FNDE Portfolio Data

$77.93B
12.08
1.00
1.36%
12/18/17
295

FNDE Index Data

Fundamental
Fundamental
MSCI Emerging Markets Large Cap

Related ETFs to FNDE

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

FNDE Portfolio Management

0.39%
-0.72%
-0.49%
-1.09%

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
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LAST 10 TRADES
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Bats BZX Real-time Quote - 08:10:57
Daily Spread
Premium/Discount
Volume

FNDE Factset Analytics Block Liquidity

As of 12/13/17
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

273,297
$8.01M
209,721
$6.21M
0.07%
$0.02
0.31%
2.13% / -1.94%
None
18.00%
100,000
2.10
0.07%
0.07%
2
$28.99
5

FNDE Geographic Exposure

FNDESegment Benchmark
16.02% 20.37%
22.07% 17.18%
3.62% 14.07%
6.53% 11.39%
5.81% 5.06%
8.81% 4.86%
3.00% 2.97%
1.13% 2.20%

FNDESegment Benchmark
73.26% 59.68%
6.57% 19.30%
11.19% 15.59%
7.14% 5.18%
1.84% 0.24%
52.33% / 47.67% 50.78% / 49.22%

FNDE Performance Statistics

0.85
1.02
1.03
1.03
0.28%
MSCI Emerging Markets Large Cap

FNDE MSCI ESG Ratings

4.13 / 10
13.05
10.94
3.12%
3.08%
550.11

FNDE BENCHMARK COMPARISON

    FNDE
    295 Holdings
    Segment Benchmark
    435 Constituents
    Shared Holdings
    230 (Count)
     
    56.92% (Weight)
FNDESegment Benchmark
121.20 B 77.93 B
79.28% 72.02%
20.66% 24.36%
0.05% 3.55%
0.00% 0.07%
2.17% 3.11%