SCHK Stock Summary and Trading Ideas (Schwab 1000 Index ETF | ARCA:SCHK)

The funds goal is to track as closely as possible, before fees and expenses, the total return of the Schwab 1000 Index. The Schwab 1000 Index, calculated by the S&P Dow Jones Custom Index Services Group, eligible universe begins with the top 2,400 U.S. based companies, ranked by float-adjusted market capitalization.

Schwab 1000 Index ETF trades on the ARCA stock market under the symbol SCHK.

As of April 22, 2024, SCHK stock price climbed to $48.28 with 179,510 million shares trading.

SCHK has a beta of 1.03, meaning it tends to be more sensitive to market movements. SCHK has a correlation of 0.98 to the broad based SPY ETF.

SCHK has a market cap of $3.28 billion. This is considered a Mid Cap stock.

In the last 3 years, SCHK stock traded as high as $50.77 and as low as $33.74.

SCHK has outperformed the market in the last year with a return of +23.1%, while the SPY ETF gained +22.9%. However, in the most recent history, SCHK shares have underperformed the stock market with its stock returning +3.5% in the last 3 month period and -3.8% for the last 2 week period, while SPY has returned +3.7% and -3.7%, respectively.

SCHK support price is $47.42 and resistance is $48.24 (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 SCHK stock will trade within this expected range on the day.