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FNDX

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1m

Analysis and statistics

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About

FNDX.US represents the Schwab Fundamental U.S. Large Company Index ETF. This ETF seeks to track the total return of the Russell RAFI US Large Company Index, before fees and expenses. The index uses a fundamental weighting methodology, selecting and weighting companies based on fundamental measures such as adjusted sales, cash flow, dividends and buybacks, and book value rather than traditional market capitalization. This approach aims to provide exposure to potentially undervalued large-cap U.S. companies that may be overlooked by traditional market-cap weighted indexes. The ETF is designed for investors seeking diversification within the large-cap U.S. equity market using a value-oriented strategy.
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Factors

Market Sentiment: Overall investor optimism or pessimism regarding the financial sector influences demand.

Interest Rates: Rising rates can negatively impact financial institutions' profitability, potentially lowering the ETF's price.

Economic Growth: Strong economic growth usually benefits financial companies, increasing the ETF's value.

Regulatory Changes: New regulations impacting the financial industry can affect the ETF's performance and price.

Financial Company Performance: The performance of the underlying financial stocks in the ETF directly impacts its value.

Inflation: Higher inflation can lead to higher interest rates and impact the financial sector, thus affecting the ETF.

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