(FNDX) Schwab Fundamental U.S. - Ratings and Ratios

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is designed to track the performance of large U.S. companies selected based on fundamental metrics. The fund typically allocates at least 90% of its net assets to stocks included in its underlying index, which uses a scoring system to evaluate companies based on revenue, dividends, and book value. This approach aims to provide exposure to large-cap equities with strong fundamental profiles. The ETF is part of the RAFI (Research Affiliates Fundamental Index) methodology, which focuses on company-specific financial data rather than market capitalization. With an average daily trading volume of 3.8 million shares, FNDX offers moderate liquidity for investors seeking large-value exposure. Its expense ratio is competitive, aligning with the cost-efficient nature of Schwabs ETF offerings.

From a technical standpoint, FNDX has shown recent weakness, with its last price of $22.09 falling below its 20-day SMA of $22.51. The 50-day and 200-day SMAs are higher at $23.43 and $23.46, respectively, indicating potential resistance levels. The ATR of 0.67 reflects moderate volatility. Over the next three months, if the 20-day SMA remains below the 50-day SMA, it may signal continued downward pressure. However, if the price rebounds above $23.50, it could indicate a trend reversal. Fundamentally, FNDXs AUM of $16.393 billion underscores its popularity and liquidity. The funds tracking error has historically been low, suggesting tight alignment with its underlying index. Investors should monitor earnings reports and economic data that could impact large-cap value stocks during this period.