Schwab Fundamental International Large Company Index ETF (FNDF)

Overview

Schwab Fundamental International Large Company Index ETF (FNDF) seeks to track the RAFI Fundamental Developed Markets ex-U.S. Index, focusing on large-cap companies in developed international markets, excluding the U.S. It employs a fundamental weighting methodology based on sales, cash flow, book value, and dividends.

Reputation and Reliability

Schwab is a well-established and reputable financial services company with a long track record in the investment management industry.

Management Expertise

Schwab has a large and experienced team of investment professionals managing its ETFs, including specialists in international equities and factor-based investing.

Goal

To track the total return of the RAFI Fundamental Developed Markets ex-U.S. Index.

Investment Approach and Strategy

Strategy: The ETF tracks the RAFI Fundamental Developed Markets ex-U.S. Index, which uses fundamental factors (sales, cash flow, book value, and dividends) rather than market capitalization to weight its holdings.

Composition The ETF holds primarily international large-cap stocks from developed markets excluding the United States.

Market Share: Insufficient data to provide accurate market share.

Total Net Assets (AUM): 7310000000

Key Competitors

• VEA
• IEFA
• SPDW

Competitive Landscape

The international large-cap ETF market is highly competitive. FNDF's fundamental indexing approach differentiates it from market-cap weighted competitors like VEA and IEFA. However, FNDF is dependent on the RAFI index methodology's effectiveness. Its expense ratio is competitive, a key advantage.

Historical Performance: Historical financial performance data needs to be sourced independently from financial data providers.

Benchmark Comparison: Benchmark comparison data needs to be sourced independently from financial data providers.

Expense Ratio: 0.06

Average Trading Volume

The ETF has a reasonable average trading volume, which generally indicates sufficient liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is generally tight, reflecting good liquidity and lower trading costs.

Market Environment Factors

Economic growth in developed international markets, interest rate policies, currency fluctuations, and geopolitical events can all significantly impact FNDF's performance.

Growth Trajectory

The ETF's growth trajectory is closely tied to the performance of international equity markets and the continued appeal of fundamental indexing strategies.

Competitive Edge

FNDF's competitive edge lies in its fundamental indexing approach, which aims to identify undervalued companies based on fundamental factors. This strategy has the potential to outperform market-cap weighted indexes over the long term. The ETF also benefits from Schwab's low-cost structure and brand recognition. However, the fundamental strategy may underperform in certain market environments. The low expense ratio is a significant advantage over some competitors.

Volatility

Volatility data needs to be sourced independently from financial data providers.

Market Risk

FNDF is exposed to market risk inherent in international equities, including economic downturns, political instability, and currency risk.

Ideal Investor Profile

The ideal investor is one seeking diversified exposure to international large-cap stocks, particularly those who believe in fundamental indexing strategies and are comfortable with international market risks.

Market Risk

This ETF is suitable for long-term investors seeking diversification and potential outperformance through fundamental indexing, rather than passive index tracking.

Schwab Fundamental International Large Company Index ETF (FNDF) offers exposure to international large-cap companies, excluding the U.S., utilizing a fundamental indexing approach based on factors like sales, cash flow, book value, and dividends. Managed by Schwab, a reputable issuer, it boasts a low expense ratio making it a cost-effective option. Its performance depends on the success of the fundamental indexing methodology and is subject to international market risks. It's suited for long-term investors seeking potential outperformance in international equities.

• VEA
• IEFA
• SPDW
• ACWX
• IXUS

Data Sources:

• Schwab website
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data may not be precise due to reporting lags and variations in data sources.