Schwab Fundamental U.S. Large Company ETF FNDX is a solid value strategy that doubles down on both value and growth stocks as they become cheaper relative to their fundamentals. This approach should give the fund an edge over the Russell 1000 Value Index over the long term. Under our enhanced ratings framework, which places greater emphasis on fees, the fund warrants an upgrade to a Morningstar Analyst Rating of Silver from Bronze.
Will FNDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FNDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FNDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.