SCHX – Schwab US Large-Cap ETF: Overview

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index. To pursue its goal, the fund generally invests in stocks that are included in the Dow Jones U.S. Large-Cap Total Stock Market Index. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index.

SCHX – Schwab US Large-Cap ETF: Parent Company

The Charles Schwab Corporation is an American multinational financial services company founded and based in San Francisco, California. Headquartered in the SOMA District, San Francisco, Charles Schwab is the 14th largest banking institution in the United States with over US$3.3 trillion in client assets (as of 2019). It is the third largest asset manager in the world, behind BlackRock and Vanguard. The firm is known for its electronic trading platforms, investor education, and discount brokerage services, particularly reduced and free trading commission charges.

Founded as Charles Schwab & Co. in 1971 by its namesake Charles Schwab, the broker-dealer capitalized on the financial deregulation of the 1970s to pioneer discount sales of equity securities. It was purchased by Bank of America in 1983 for $55 million. Three years later, the profitability of the bank’s no-charge mutual funds prompted the founder to buy his company back for $280 million. 

SCHX – Schwab US Large-Cap ETF: Performance

Over the past year, the Schwab US Large-Cap ETF (SCHX) has returned 11.70 percent. 12.30 percent over the past three, 10.55% over the last five and 11.79% over the last 10 years.

SCHX – Schwab US Large-Cap ETF: Top Holdings

The top 10 holdings (making up around 25.24% of the total portfolio) of the Schwab US Large-Cap ETF (SCHX) are Microsoft Corp, Apple INC, Amazon.com INC, Facebook INC CL A, Alphabet INC CL A, Alphabet INC CL C, Johnson & Johnson, Berkshire Hathaway INC CL B, NVIDIA Corporation, Procter & Gamble Co.

SCHX – Schwab US Large-Cap ETF: Category

The fund falls in the Large Cap Core category. The fund has returned 10.55 percent over the past five years and 11.79 percent over the past decade.

SCHX – Schwab US Large-Cap ETF: Ranking

Schwab U.S. Large-Cap ETF has an MSCI ESG Fund Rating of A based on a score of 6.45 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Schwab U.S. Large-Cap ETF ranks in the 66th percentile within its peer group and in the 50th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SCHX – Schwab US Large-Cap ETF: Investment Strategy

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index. The fund generally invests in stocks that are included in the Dow Jones U.S. Large-Cap Total Stock Market Index. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace.

SCHX – Schwab US Large-Cap ETF: Management

The Schwab US Large-Cap ETF (SCHX) is managed by Ferian Juwono and Christopher Bliss

SCHX – Schwab US Large-Cap ETF: Fees

Fees are Below Average compared to funds in the same category. Schwab US Large-Cap ETF (SCHX) has an expense ratio of 0.03 percent.

SCHX – Schwab US Large-Cap ETF: Risk

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Fund and index performance may vary somewhat due to factors such as transaction costs, sample selection, and timing differences associated with index additions and deletions.

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