Schwab Fundamental U.S. Large Company Index ETF (FNDX) offers stability and predictability

From Nasdaq: 2024-06-04 06:20:06

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) was launched in 2013 by Charles Schwab with assets over $15.28 billion, aiming for broad exposure to the US Large Cap Value market. It offers stability and predictability as large cap value stocks typically outperform growth stocks in most markets but may underperform in strong bull markets.

FNDX has a 0.25% expense ratio and a 1.74% dividend yield. The ETF focuses on the Financials sector, with top holdings like Apple Inc, Microsoft Corp, and Meta Platforms Inc Class A. It has returned 7.89% year-to-date and 21.62% in the past year, with a medium risk profile and effective diversification.

Schwab Fundamental U.S. Large Company Index ETF (FNDX) is a Buy-rated ETF suitable for investors seeking exposure to Large Cap Value. Other alternatives include iShares Russell 1000 Value ETF (IWD) and Vanguard Value ETF (VTV), with different assets and expense ratios. Passively managed ETFs like FNDX are popular among investors for their low cost, transparency, and tax efficiency. Visit Zacks ETF Center for more information.



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