On March 19, 2024, Schwab Asset Management announced that 12 of its exchange-traded funds and mutual funds will change their target indexes. These 12 funds currently track fundamentally weighted indexes from FTSE Russell that follow rules outlined by Research Affiliates. The funds will switch to indexes provided directly by Research Affiliates that use the same approach as the current indexes. Schwab expects its ETFs and mutual funds to begin tracking their new benchmarks around June 21, 2024.
Schwab Fundamental US Small Company ETF FNDA
Morningstar’s Analysis FNDA
Will FNDA outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Super Micro Computer Inc | 0.53 | 41.4 Mil | Technology |
Coinbase Global Inc Ordinary Shares - Class A | 0.51 | 39.4 Mil | Financial Services |
Abercrombie & Fitch Co Class A | 0.46 | 35.5 Mil | Consumer Cyclical |
EchoStar Corp Class A | 0.45 | 34.9 Mil | Technology |
Royal Caribbean Group | 0.39 | 30.3 Mil | Consumer Cyclical |
Warrior Met Coal Inc | 0.35 | 27.1 Mil | Basic Materials |
Assured Guaranty Ltd | 0.32 | 24.5 Mil | Financial Services |
XPO Inc | 0.31 | 24.1 Mil | Industrials |
Spotify Technology SA | 0.31 | 23.8 Mil | Communication Services |
The GEO Group Inc | 0.31 | 23.7 Mil | Industrials |