FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF
*Unless otherwise stated, data provided by FactSet.

FNDE Fund Description

FNDE 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

Schwab Fundamental Emerging Markets Large Company Index ETF has an MSCI ESG Fund Rating of BB based on a score of 3.24 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 Emerging Markets Large Company Index ETF ranks in the 10th percentile within its peer group and in the 9th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FNDE 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.

FNDE Charts And Performance

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Total Return Chart (%)
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PERFORMANCE [as of 11/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNDE 4.84% 8.50% 13.93% 11.55% 11.09% 5.23% --
FNDE (NAV) 4.98% 7.78% 13.23% 10.51% 10.96% 5.25% --
MSCI Emerging Markets Large Cap -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FNDE Summary Data

Schwab
08/15/13
Open-Ended Fund
0.39%
$2.81B
$11.70M
0.05%

FNDE Portfolio Data

$61.90B
10.86
1.03
3.30%
12/12/19
257

FNDE Index Data

Russell RAFI Large Company Emerging Markets
Fundamental
Fundamental
MSCI Emerging Markets Large Cap

FNDE Portfolio Management

0.39%
-0.72%
-0.29%
-1.43%

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
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FNDE Factset Analytics Block Liquidity

As of 11/12/19
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

414,531
$11.70M
245,556
$6.89M
0.05%
$0.02
0.15%
1.72% / -1.74%
None
18.00%
100,000
2.46
0.07%
0.13%
20
$29.10
5

FNDE Sector/Industry Breakdown


FNDE
Segment Benchmark
27.10%
28.96%
21.40%
8.53%
15.76%
30.86%
12.11%
5.02%
7.79%
6.62%
6.75%
6.35%
3.53%
5.56%
2.81%
3.84%
2.54%
2.45%
0.22%
1.82%

FNDE Top 10 Holdings[View All]

5.44%
3.87%
3.57%
3.45%
3.39%
2.38%
1.97%
1.84%
1.62%
1.44%
28.97%

FNDE Countries


FNDE
Segment Benchmark
24.45%
24.02%
17.48%
11.35%
15.40%
4.11%
11.13%
6.35%
7.13%
9.01%
5.48%
4.39%
4.35%
2.36%
3.30%
2.70%
1.85%
0.50%
1.81%
1.91%

FNDE Regions


FNDE
Segment Benchmark
57.00%
74.63%
19.23%
5.89%
16.87%
10.09%
6.90%
8.64%
--
0.76%

FNDE Economic Development


FNDE
Segment Benchmark
56.58%
51.53%
43.42%
48.47%

FNDE Performance Statistics

--
--
--
--
0.00%
MSCI Emerging Markets Large Cap

FNDE MSCI ESG Ratings

BB
3.24 / 10
9.22
10.38
2.36%
2.60%
546.10

FNDE Benchmark Comparison Holdings

257
739
211
46.38%

FNDE Benchmark Comparison Summary


FNDE
Segment Benchmark
257
739
$61.90B
$102.64B
10.86
13.22
1.03
1.56
4.46%
2.94%
Low
Low

FNDE Benchmark Comparison Market Cap Size


FNDE
Segment Benchmark
65.57%
75.76%
28.85%
23.72%
5.41%
0.52%
0.17%
0.00%