What is FNDX?

FNDX tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends/buybacks.

PERFORMANCE [as of 03/27/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNDX -2.99% -0.02% 0.06% -7.97% 22.38% 10.65% --
FNDX (NAV) -3.03% -0.05% -0.05% -8.01% 22.38% 10.62% --
MSCI USA Large Cap Index 0.82% 5.42% 5.03% -11.26% 17.72% 11.01% 12.13%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FNDX Factset Analytics Insight

FNDX uses fundamental screens (sales, cash flow, dividends, and buybacks) to scope out large companies from the broader FTSE Global Total Cap Index assessing company size using these metrics rather than market-cap. It then weights them accordingly. The top 87.5% of the companies by cumulative fundamental score are included in the index. The Index weights are determined annually in March but are implemented across the year rather than at one point in time to help increase investment capacity and minimize entry point risk. To do this, the index is divided into four equal segments and each of the segment is rebalanced on a rolling quarterly basis starting each March. FNDX’s underlying index changed its name from Russell Fundamental U.S. Large Company Index to Russell RAFI U.S. Large Company Index on December 1, 2016. There were no changes in index methodology and the resulting exposure.

FNDX Summary Data

08/15/13
0.25%
$10.06B
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

+$0.02B 5 Days
+$0.13B 30 Days
+$0.44B 90 Days

FNDX Portfolio Data

$282.35B
14.76
2.54
2.13%
N/A
726

FNDX Index Data

Fundamental
Fundamental
MSCI USA Large Cap Index

FNDX Portfolio Management

0.25%
-0.26%
-0.22%
-0.29%

FNDX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FNDX Fund Structure

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

Factset Analytics Block Liquidity

As of 03/28/23

This measurement shows how easy it is to trade a $1 million USD block of FNDX. FNDX is rated a 5 out of 5.

FNDX Tradability

380,815
$20.94M
342,758
$18.26M
0.03%
$0.02
0.02%
0.18% / -0.13%
None
100.00%
50,000
6.86
0.02%
0.00%
48
$53.17
5

FNDX Sector/Industry Breakdown

FNDX Segment
Benchmark
17.44% --
13.73% --
9.84% --
7.99% --
7.46% --
5.94% --
5.47% --
4.56% --
4.38% --
3.53% --

FNDX Performance Statistics

0.93
0.86
0.91
0.89
0.40%
MSCI USA Large Cap Index

FNDX Countries

FNDX Segment
Benchmark
99.92% 99.89%
-- 0.11%

FNDX Regions

FNDX Segment
Benchmark
99.92% 100.00%

FNDX Economic Development

FNDX Segment
Benchmark
99.92% 100.00%
0.00% 0.00%

FNDX Benchmark Comparison Holdings

726
297
272
62.87%

FNDX Benchmark Comparison Summary

FNDX Segment
Benchmark
726 297
$282.35B $504.17B
14.76 20.72
2.54 4.32
2.17% 1.55%
Low Low

FNDX Benchmark Comparison Market Cap Size

FNDX Segment
Benchmark
89.58% 100.00%
9.55% 0.00%
0.72% 0.00%
0.06% 0.00%