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Schwab to launch 6 fundamentally-weighted ETFs

  • Six new Schwab (SCHW) Fundamental Index ETFs are set to begin trading next week, adding to the broker's 15 existing proprietary ETFs. Like the other 15, the new funds will be available to Schwab customers commission-free.
  • The U.S. Broad Market Index ETF (FNDB) will track the Russell Fundamental U.S. Index with expense ratio of 0.32%.
  • The U.S. Large Company Index ETF (FNDX) will track the Russell Fundamental U.S. Large Company Index with expense ratio of 0.32%.
  • The U.S. Small Company Index ETF (FNDA) will track the Russell Fundamental U.S. Small Company Index with expense ratio of 0.32%.
  • The International Large Company Index ETF (FNDF) will track the Russell Fundamental Developed ex-U.S. Large Company Index with expense ratio of 0.32%.
  • The International Small Company Index ETF (FNDC) will track the Russell Fundamental Developed ex-U.S. Small Company Index with expense ratio of 0.46%.
  • the Emerging Markets Large Company Index ETF (FNDE) will track the Russell Fundamental Emerging Markets Large Company Index with expense ratio of 0.46%.
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