FNDB Stock Summary and Trading Ideas (Schwab Fundamental U.S. Broad Market Index ETF | ARCA:FNDB)

The funds goal is to track as closely as possible, before fees and expenses, the total return of the Russell RAFI US Index. The Fund can serve as part of the core or complement to market-cap indexing and active management in a diversified portfolio.

Schwab Fundamental U.S. Broad Market Index ETF trades on the ARCA stock market under the symbol FNDB.

As of April 19, 2024, FNDB stock price climbed to $62.98 with 23,110 million shares trading.

FNDB has a beta of 0.91, meaning it tends to be less sensitive to market movements. FNDB has a correlation of 0.81 to the broad based SPY ETF.

FNDB has a market cap of $711.67 million. This is considered a Small Cap stock.

In the last 3 years, FNDB stock traded as high as $66.32 and as low as $46.86.

FNDB stock has underperformed the market in the last year with a return of +16.9%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FNDB shares. However, FNDB has outperformed the market in the last 3 month and 2 week periods, returning +4.1% and -3.5%, while SPY returned +3.0% and -4.5%, respectively. This indicates FNDB has been having a stronger performance recently.

FNDB support price is $62.21 and resistance is $63.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FNDB stock will trade within this expected range on the day.