FNDB Schwab Fundamental U.S. Broad Market Index ETF
What is FNDB?
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 Summary Data
FNDB Portfolio Data
FNDB Index Data
FNDB Portfolio Management
FNDB Tax Exposures
FNDB Fund Structure
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
FNDB Performance Statistics
FNDB Economic Development
FNDB Benchmark Comparison Summary
FNDB Benchmark Comparison Market Cap Size