FNDA Schwab Fundamental U.S. Small Company Index ETF

Seeks to track, before fees and expenses, the Russell RAFI U.S. Small Company Index. The starting universe of stocks are the U.S. stocks in the Russell RAFI Global Small Company Index (around 860 U.S. stocks). Each company is then given a composite score equal to the average of three factors: 1) Adjusted Sales: Constituent level adjusted sales are calculated using the average sales generated by each constituent over the past five years. Average total sales are then adjusted to take into consideration financial leverage by multiplying the sales component by an adjustment factor. The constituent level adjustment factor is equivalent to the ratio of average equity to average assets. Adjusting for financial leverage decreases the weight of companies with significant leverage. 2) Retained Operating Cash Flow: Constituent level retained operating cash flow is calculated using the average operating cash flow from operations less dividends and buybacks (as defined below) over the past five years. 3) Dividends plus Buybacks: Constituent level dividends plus buybacks is calculated using the average dividends paid and share buybacks over the past five years. Securities representing the bottom 2% in fundamental weights are removed from the index, resulting in the index selecting around 830 stocks. The fundamental value for each security is multiplied by its float factor and the result is the float adjusted fundamental weight for the security.

$50.11  +1.21 (2.47%)
As of 11/30/2022 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Schwab ETFs
Category1:  US Equity
Category2:  Broad market
Category3:  Small cap
Morningstar category:  Small Blend
Leverage factor:  1.00
Inception date:  08/15/2013
Index tracking method: Passive replication
Current yield:  1.44%
Historical average yield:  1.28%
Market cap:  $5,912,010,000
Average volume:  205,353
Fees:     0.2500%

Index Information
Russell Fundamental US Small Company Index
Index symbol:  RUFUSSU
Provider:   FTSE Russell
Total return index symbol:  RUFUSSTU
Index weighting:   Composite scores
Index inception date:  02/24/2011
Backtesting data exists:   Yes
Number of holdings:  830
Strategy:  Multi-factor investing
Factors used to select securities:

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