28-Mar-2024
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Dividend ETF Breakdown: VIG, SCHD, VYM and others
Seeking Alpha News (Tue, 26-Mar 2:15 PM ET)
The funds goal is to track as closely as possible, before fees and expenses, the total return of the Russell RAFI US 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 U.S. Large Company Index ETF trades on the ARCA stock market under the symbol FNDX.
As of March 28, 2024, FNDX stock price climbed to $67.39 with 424,470 million shares trading.
FNDX has a beta of 0.92, meaning it tends to be less sensitive to market movements. FNDX has a correlation of 0.86 to the broad based SPY ETF.
FNDX has a market cap of $15.23 billion. This is considered a Large Cap stock.
In the last 3 years, FNDX stock traded as high as $67.52 and as low as $47.50.
FNDX has underperformed the market in the last year with a return of +28.8%, while the SPY ETF gained +33.6%. In the last 3 month period, FNDX fell short of the market, returning +9.1%, while SPY returned +10.1%. However, in the most recent 2 weeks FNDX has outperformed the stock market by returning +2.8%, while SPY returned +1.7%.
FNDX support price is $66.78 and resistance is $67.54 (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 FNDX stock will trade within this expected range on the day.