Key stats
About Schwab Fundamental U.S. Small Company Index ETF
Expense ratio
0.25%
Home page
Inception date
Aug 15, 2013
ISIN
US8085247638
FNDA offers a slightly different take on small-caps. Instead of a traditional cap-weighted approach, FNDA selects and weights securities based on 5-year averages of retained operation cash flow, adjusted sales, and dividends plus buybacks. As a 'small-cap' index, it selects the bottom 12.5% of the eligibility list. Weights of the Index constituents are further determined annually and are partially reconstituted quarterly, such that the Index is equally split into four segments and each segment is rebalanced on a rolling quarterly basis. Despite its non-vanilla methodology, the fund aligns reasonably well with its cap-weighted benchmark, avoiding major sector and size biases.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region