FNDE Stock Summary and Trading Ideas (Schwab Fundamental Emerging Markets Large Company Index ETF | ARCA:FNDE)

The funds goal is to track as closely as possible, before fees and expenses, the total return of the Russell RAFI Emerging Markets Large Company 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 Emerging Markets Large Company Index ETF trades on the ARCA stock market under the symbol FNDE.

As of April 17, 2024, FNDE stock price climbed to $27.23 with 2,102,742 million shares trading.

FNDE has a beta of 0.73, meaning it tends to be less sensitive to market movements. FNDE has a correlation of 0.43 to the broad based SPY ETF.

FNDE has a market cap of $5.45 billion. This is considered a Mid Cap stock.

In the last 3 years, FNDE stock traded as high as $33.54 and as low as $22.97.

FNDE has underperformed the market in the last year with a return of +7.4%, while the SPY ETF gained +23.0%. In the last 3 month period, FNDE fell short of the market, returning +5.1%, while SPY returned +5.7%. However, in the most recent 2 weeks FNDE has outperformed the stock market by returning -2.9%, while SPY returned -3.5%.

FNDE support price is $26.98 and resistance is $27.42 (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 FNDE stock will trade within this expected range on the day.