Key stats
About Schwab Fundamental U.S. Broad Market Index ETF
Expense ratio
0.25%
Home page
Inception date
Aug 8, 2013
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stocks99.87%
Finance21.04%
Electronic Technology11.18%
Technology Services10.66%
Retail Trade8.07%
Health Technology6.60%
Energy Minerals6.03%
Producer Manufacturing4.83%
Consumer Non-Durables4.76%
Consumer Services3.69%
Utilities3.48%
Health Services3.28%
Process Industries3.03%
Communications2.79%
Consumer Durables2.50%
Transportation1.99%
Commercial Services1.78%
Industrial Services1.60%
Non-Energy Minerals1.27%
Distribution Services1.27%
Miscellaneous0.01%
Bonds, Cash & Other0.13%
Mutual fund0.09%
ETF0.04%
Cash0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history