FNDXSchwab Fundamental U.S. Large Company Index ETF
FNDX Fund Description
FNDX tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends/buybacks.
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 MSCI ESG Analytics Insight
Schwab Fundamental U.S. Large Company Index ETF has an MSCI ESG Fund Rating of AA based on a score of 7.64 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. Large Company Index ETF ranks in the 66th percentile within its peer group and in the 61st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FNDX 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.
FNDX Summary Data
FNDX Portfolio Data
FNDX Index Data
FNDX Portfolio Management
FNDX Tax Exposures
FNDX Fund Structure
FNDX Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FNDX Top 10 Holdings[View All]
FNDX Economic Development
FNDX Performance Statistics
FNDX MSCI ESG Ratings
FNDX Benchmark Comparison Summary
FNDX Benchmark Comparison Market Cap Size