Schwab Fundamental U.S. Broad Market Index ETF·Financial Services

Schwab Fundamental U.S. Broad Market Index ETF offers value exposure with a fundamentally weighted, well-diversified portfolio across sectors and market caps. FNDB has underperformed the Russell 3000 since 2013 but outperformed a number of passive value ETFs since 2016. FNDB is best suited for long-term, value-oriented investors seeking balanced sector exposure; for short-term allocations, more liquid alternatives like VTV are preferable.

Cowa LLC purchased a new stake in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 98,501 shares of the company's stock, valued at approximately $2,591,000. Cowa LLC owned 0.25% of Schwab Fundamental U.S. Broad Market

The Schwab Fundamental U.S. Broad Market ETF (FNDB) made its debut on 08/13/2013, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market.
The fund's goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of U.S. based companies based on their fundamental size and weight.
Financial Services
Asset Management
2013-08-15
0.91