Analysis

Key stats

About Schwab Fundamental U.S. Small Company ETF

FNDA is passively managed to hold a small-cap US portfolio screened using RAFI's signature fundamental methodology. The index selects and weights securities based on 5-year averages of retained operation cash flow, adjusted sales, and dividends plus buybacks. As a 'small-cap' index, it selects the bottom 12.5% of the eligibility list. Weights of the Index constituents are determined annually and are partially reconstituted quarterly, such that it is rebalanced on a rolling quarterly basis. Note: FNDA's underlying index changed its name from Russell Fundamental U.S. Small Company Index to Russell RAFI U.S. Small Company Index on December 1, 2016. There were no changes in index methodology and the resulting exposure. Effective June 21, 2024, the index changed to RAFI Fundamental High Liquidity US Small Index. Prior to this date, the fund was called Schwab Fundamental U.S. Small Company Index ETF.