Key stats
About Schwab Fundamental U.S. Broad Market ETF
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Inception date
Aug 8, 2013
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Charles Schwab Investment Management, Inc.
Distributor
SEI Investments Distribution Co.
ISIN
US8085247893
FNDB is passively managed to hold a broad market US portfolio screened using RAFI's signature fundamental methodology. The index selects, ranks, and weights companies based on 5-year averages of sales, operating cash flow, and dividends plus buybacks. 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. Effective June 21, 2024, the index changed to RAFI Fundamental High Liquidity US All Index. Prior to this date, the fund was called Schwab Fundamental U.S. Broad Market Index ETF.
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
Stocks99.48%
Finance18.14%
Electronic Technology13.03%
Technology Services11.43%
Retail Trade7.97%
Energy Minerals7.39%
Health Technology6.73%
Consumer Non-Durables4.39%
Producer Manufacturing4.15%
Consumer Services3.65%
Utilities3.38%
Health Services3.19%
Process Industries2.94%
Consumer Durables2.89%
Communications2.55%
Transportation2.02%
Industrial Services1.67%
Non-Energy Minerals1.39%
Distribution Services1.32%
Commercial Services1.24%
Miscellaneous0.01%
Bonds, Cash & Other0.52%
Mutual fund0.47%
ETF0.03%
Cash0.02%
Stock breakdown by region
North America98.21%
Europe1.79%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FNDB invests in stocks. The fund's major sectors are Finance, with 18.14% stocks, and Electronic Technology, with 13.03% of the basket. The assets are mostly located in the North America region.
FNDB top holdings are Apple Inc. and Microsoft Corporation, occupying 4.11% and 2.70% of the portfolio correspondingly.
FNDB last dividends amounted to 0.11 USD. The quarter before, the issuer paid 0.10 USD in dividends, which shows a 4.95% increase.
FNDB assets under management is 1.00 B USD. It's risen 2.82% over the last month.
FNDB fund flows account for 74.79 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FNDB pays dividends to its holders with the dividend yield of 1.65%. The last dividend (Sep 29, 2025) amounted to 0.11 USD. The dividends are paid quarterly.
FNDB shares are issued by The Charles Schwab Corp. under the brand Schwab. The ETF was launched on Aug 8, 2013, and its management style is Passive.
FNDB expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
FNDB follows the RAFI Fundamental High Liquidity US All Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FNDB invests in stocks.
FNDB price has risen by 1.74% over the last month, and its yearly performance shows a 9.80% increase. See more dynamics on FNDB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.30% over the last month, showed a 7.54% increase in three-month performance and has increased by 11.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.30% over the last month, showed a 7.54% increase in three-month performance and has increased by 11.74% in a year.
FNDB trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.