FNDBSchwab Fundamental U.S. Broad Market Index ETF
FNDB Fund Description
FNDB tracks a US equity index, selected and weighted based on three fundamental factors (sales, cash flow and dividends/buybacks).
FNDB Factset Analytics Insight
FNDB starts with the popular Russell 3000, a representative market-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 seems to mirror a market-like portfolio. The index is rebalanced on a quarterly basis. Note: FNDB's underlying index changed its name from the Russell Fundamental U.S. Index to the Russell RAFI U.S. Index on December 1, 2016. There were no changes in index methodology or exposure.
FNDB MSCI ESG Analytics Insight
Schwab Fundamental U.S. Broad Market Index ETF has an MSCI ESG Fund Rating of A based on a score of 5.79 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. Broad Market Index ETF ranks in the 44th percentile within its peer group and in the 55th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FNDB 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.
FNDB Summary Data
FNDB Portfolio Data
FNDB Index Data
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 Economic Development
FNDB Performance Statistics
FNDB MSCI ESG Ratings
FNDB Benchmark Comparison Summary
FNDB Benchmark Comparison Market Cap Size