Schwab U.S. Broad Market ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$59.31
- Net Assets:$0 Million
- NAV:$59.81
- Premium-0.84%
- Peer Rank:329 of 397
- Investment Rating:C-
- Performance:B+
- RiskD
We rate Schwab US Broad Market ETF at C-. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking an Equity Income strategy.
Total return ranks very high in comparison with peers over the last three years. The Schwab US Broad Market ETF has returned an annual rate of 13.54% since inception. More recently, the fund has generated a total return of 14.46% in the last five years, 10.03% in the last three years, and 27.34% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 91% of them. It has also outpaced 83% of its competitors on a three year basis and 87% of them over the last year for the period ending 2/29/2024. On a year to date basis, SCHB has returned 7.45%.
Downside risk has been above average. SCHB has a draw down risk of -62.84%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 18.1%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As SCHB is an exchange traded fund, it has no front end or back end load.
The Schwab US Broad Market ETF is managed by Ferian Juwono at Charles Schwab Investment Managemen. This fund is one of 26 Charles Schwab Investment Managemen exchange-traded funds launched since 10/30/2009 that we track.