Schwab Fundamental U.S. Broad Market ETF (FNDB)

Schwab Fundamental U.S. Broad Market ETF (FNDB) is an exchange-traded fund that seeks to track the performance of the Russell RAFI US Index. The ETF invests in stocks of large, mid, and small-cap U.S. companies that are selected based on fundamental measures of company size, including adjusted sales, retained operating cash flow, and dividends plus buybacks.

The Russell RAFI US Index is designed to track the performance of U.S. companies that have strong fundamentals, including high levels of cash flow, sales, dividends, and book value. The index is weighted based on fundamental measures of company size, rather than market capitalization.

FNDB is diversified across a variety of sectors, with the largest allocations in Information Technology, Health Care, and Financials.

Investors seeking a low-cost, diversified ETF that targets companies with strong fundamentals may consider Schwab Fundamental U.S. Broad Market ETF (FNDB) as part of their portfolio.