FNDASchwab Fundamental U.S. Small Company Index ETF
FNDA Fund Description
FNDA tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks.
FNDA Factset Analytics Insight
FNDA offers a slightly different take on small-caps. Instead of a traditional cap-weighted approach, FNDA selects and weights securities based on 5-year averages of retained operation cash flow, adjusted sales, and dividends plus buybacks. As a 'small-cap' index, it selects the bottom 12.5% of the eligibility list. Weights of the Index constituents are further determined annually and are partially reconstituted quarterly, such that the Index is equally split into four segments and each segment is rebalanced on a rolling quarterly basis. Despite its non-vanilla methodology, the fund aligns reasonably well with its cap-weighted benchmark, avoiding major sector and size biases.
FNDA MSCI ESG Analytics Insight
Schwab Fundamental U.S. Small Company Index ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.87 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Schwab Fundamental U.S. Small Company Index ETF ranks in the 26th percentile within its peer group and in the 25th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FNDA MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FNDA Summary Data
FNDA Portfolio Data
FNDA Index Data
FNDA Portfolio Management
FNDA Tax Exposures
FNDA Fund Structure
FNDA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FNDA. FNDA is rated a 5 out of 5.
FNDA Sector/Industry Breakdown
FNDA Top 10 Holdings[View All]
FNDA Economic Development
FNDA Performance Statistics
FNDA MSCI ESG Ratings
FNDA Benchmark Comparison Summary
FNDA Benchmark Comparison Market Cap Size