What is FNDB?

FNDB tracks a US equity index, selected and weighted based on three fundamental factors (sales, cash flow and dividends/buybacks).

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNDB -3.97% -0.61% -0.70% -8.14% 24.00% 10.38% --
FNDB (NAV) -3.91% -0.59% -0.66% -8.05% 23.92% 10.43% --
Russell RAFI US -3.90% -0.53% -0.62% -7.83% 24.23% 10.69% 11.12%
MSCI USA IMI -0.86% 3.44% 3.52% -11.54% 19.51% 10.24% 11.53%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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

08/08/13
0.25%
$462.98M
Russell RAFI US
MSCI USA IMI
Open-Ended Fund

Peers

MSCI USA IMI

Fund Flows

-$0.00B 5 Days
+$0.01B 30 Days
+$0.02B 90 Days

FNDB Portfolio Data

$260.82B
15.06
2.48
2.07%
09/22/22
1,695

FNDB Index Data

Russell RAFI US
Fundamental
Fundamental
MSCI USA IMI

FNDB Portfolio Management

0.25%
-0.25%
-0.21%
-0.30%

FNDB Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FNDB Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

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 Tradability

28,010
$1.53M
20,981
$1.13M
0.08%
$0.04
0.02%
0.16% / -0.11%
None
100.00%
50,000
0.42
0.04%
0.00%
2
$52.04
5

FNDB Sector/Industry Breakdown

FNDB Segment
Benchmark
18.07% --
13.26% --
9.69% --
7.83% --
7.16% --
5.67% --
5.39% --
5.04% --
4.67% --
3.44% --

FNDB Performance Statistics

0.95
0.86
0.89
0.89
0.37%
MSCI USA IMI

FNDB Countries

FNDB Segment
Benchmark
99.96% 99.92%
-- 0.08%

FNDB Regions

FNDB Segment
Benchmark
99.96% 100.00%

FNDB Economic Development

FNDB Segment
Benchmark
99.96% 100.00%
0.00% 0.00%

FNDB Benchmark Comparison Holdings

1,695
2560
1,619
69.23%

FNDB Benchmark Comparison Summary

FNDB Segment
Benchmark
1,695 2560
$260.82B $391.49B
15.06 20.56
2.48 3.75
2.12% 1.53%
Low Low

FNDB Benchmark Comparison Market Cap Size

FNDB Segment
Benchmark
83.18% 86.91%
12.77% 10.27%
3.59% 2.60%
0.35% 0.22%