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Critical Facts You Need to Know About Preferred Stocks
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Schwab 1000 Index ETF
ETF
SCHK
Payout Change
Pending
Price as of:
$48.25
-0.07
-0.14%
primary theme
U.S. Large-Cap Blend Equity
SCHK (ETF)
Schwab 1000 Index ETF
Payout Change
Pending
Price as of:
$48.25
-0.07
-0.14%
primary theme
U.S. Large-Cap Blend Equity
SCHK (ETF)
Schwab 1000 Index ETF
Payout Change
Pending
Price as of:
$48.25
-0.07
-0.14%
primary theme
U.S. Large-Cap Blend Equity
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.1%
1 yr return
22.6%
3 Yr Avg Return
6.9%
5 Yr Avg Return
12.9%
Net Assets
$3.44 B
Holdings in Top 10
28.6%
52 WEEK LOW AND HIGH
$48.3
$38.96
$50.67
Expenses
OPERATING FEES
Expense Ratio 0.05%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 5.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SCHK - Profile
Distributions
- YTD Total Return 5.1%
- 3 Yr Annualized Total Return 6.9%
- 5 Yr Annualized Total Return 12.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.43%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSchwab 1000 Index ETF
-
Fund Family NameSCHFLFSETF
-
Inception DateOct 11, 2017
-
Shares Outstanding53550000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSabya Sinha
Fund Description
To pursue its goal, the fund generally invests in stocks that are included in the Schwab 1000 Index. The Schwab 1000 Index is a float-adjusted market capitalization weighted index that includes the 1,000 largest stocks of publicly traded companies in the United States, with size being determined by market capitalization (total market value of all shares outstanding). The index is designed to be a measure of the performance of large- and mid-cap U.S. stocks.
It is the fund’s policy that under normal circumstances it will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in stocks included in the index. The fund will notify its shareholders at least 60 days before changing this policy. The fund generally will seek to replicate the performance of the index by giving the same weight to a given stock as the index does. However, when the investment adviser believes it is appropriate to do so, such as to avoid purchasing odd-lots (i.e., purchasing less than the usual number of shares traded for a security), for tax considerations, or to address liquidity considerations with respect to a security, the investment adviser may cause the fund’s weighting of a security to be more or less than the index’s weighting of the security. The fund may sell securities that are represented in the index in anticipation of their removal from the index, or buy securities that are not yet represented in the index in anticipation of their addition to the index.
Under normal circumstances, the fund may invest up to 10% of its net assets in securities not included in the index. The principal types of these investments include those that the investment adviser believes will help the fund track the index, such as investments in (a) securities that are not represented in the index but the investment adviser anticipates will be added to the index or as necessary to reflect various corporate actions (such as mergers and spin-offs); (b) other investment companies; and (c) derivatives, principally futures contracts. The fund may use futures contracts and other derivatives primarily to seek returns on the fund’s otherwise uninvested cash assets to help it better track the index. The fund may also invest in cash and cash equivalents, including money market funds, and may lend its securities to minimize the difference in performance that naturally exists between an index fund and its corresponding index.
The fund will concentrate its investments (i.e., hold more than 25% of its total assets) in a particular industry, group of industries or sector to approximately the same extent that the index is so concentrated.
The investment adviser seeks to achieve, over time, a correlation between the fund’s performance and that of the index, before fees and expenses, of 95% or better. However, there can be no guarantee that the fund will achieve a high degree of correlation with the index. A number of factors may affect the fund’s ability to achieve a high correlation with the index, including the degree to which the fund utilizes a sampling technique (which involves investing in a limited number of index securities which, when taken together, are expected to perform similarly to the index as a whole). The correlation between the performance of the fund and the index may also diverge due to transaction costs, asset valuations, corporate actions (such as mergers and spin-offs), timing variances, and differences between the fund’s portfolio and the index resulting from legal restrictions (such as diversification requirements) that apply to the fund but not to the index.
SCHK - Performance
Return Ranking - Trailing
| Period | SCHK Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.1% | -47.2% | 13.6% | 57.62% |
| 1 Yr | 22.6% | -38.4% | 43.3% | 33.95% |
| 3 Yr | 6.9%* | -15.0% | 26.8% | 49.06% |
| 5 Yr | 12.9%* | -2.7% | 106.3% | 30.17% |
| 10 Yr | N/A* | 2.2% | 20.5% | 74.27% |
* Annualized
Return Ranking - Calendar
| Period | SCHK Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.7% | -42.6% | 47.4% | 10.06% |
| 2022 | -20.7% | -56.3% | -4.2% | 45.67% |
| 2021 | 24.6% | -27.2% | 53.7% | 16.71% |
| 2020 | 18.4% | -36.2% | 2181.7% | 14.73% |
| 2019 | 28.8% | -22.7% | 40.4% | 14.20% |
Total Return Ranking - Trailing
| Period | SCHK Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.1% | -47.2% | 13.6% | 57.62% |
| 1 Yr | 22.6% | -38.4% | 43.3% | 33.95% |
| 3 Yr | 6.9%* | -15.0% | 26.8% | 49.06% |
| 5 Yr | 12.9%* | -2.7% | 106.3% | 30.17% |
| 10 Yr | N/A* | 2.2% | 20.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | SCHK Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 26.6% | -5.0% | 47.4% | 19.17% |
| 2022 | -19.5% | -36.8% | -2.2% | 73.88% |
| 2021 | 26.2% | 3.0% | 124.3% | 54.77% |
| 2020 | 20.8% | -15.8% | 2266.0% | 19.48% |
| 2019 | 31.3% | -0.4% | 241.3% | 28.66% |
SCHK - Holdings
Concentration Analysis
| SCHK | Category Low | Category High | SCHK % Rank | |
|---|---|---|---|---|
| Net Assets | 3.44 B | 2.34 M | 1.55 T | 34.14% |
| Number of Holdings | 998 | 1 | 4053 | 4.71% |
| Net Assets in Top 10 | 865 M | 885 K | 387 B | 38.15% |
| Weighting of Top 10 | 28.56% | 0.3% | 112.0% | 80.54% |
Top 10 Holdings
- Microsoft Corp 6.64%
- Apple Inc 6.58%
- Amazon.com Inc 3.13%
- NVIDIA Corp 2.72%
- Alphabet Inc 1.85%
- Meta Platforms Inc 1.71%
- Alphabet Inc 1.59%
- Tesla Inc 1.56%
- Berkshire Hathaway Inc 1.55%
- UnitedHealth Group Inc 1.21%
Asset Allocation
| Weighting | Return Low | Return High | SCHK % Rank | |
|---|---|---|---|---|
| Stocks | 99.83% | 0.00% | 124.03% | 9.03% |
| Cash | 0.17% | 0.00% | 99.06% | 85.01% |
| Other | 0.00% | -13.91% | 100.00% | 39.48% |
| Preferred Stocks | 0.00% | 0.00% | 2.38% | 47.49% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 44.17% |
| Bonds | 0.00% | -0.50% | 93.78% | 47.80% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SCHK % Rank | |
|---|---|---|---|---|
| Technology | 24.66% | 0.00% | 48.94% | 43.05% |
| Healthcare | 14.17% | 0.00% | 60.70% | 59.98% |
| Financial Services | 13.44% | 0.00% | 55.59% | 48.32% |
| Consumer Cyclical | 10.80% | 0.00% | 30.33% | 45.13% |
| Industrials | 8.50% | 0.00% | 29.90% | 58.55% |
| Communication Services | 8.41% | 0.00% | 27.94% | 50.96% |
| Consumer Defense | 6.53% | 0.00% | 47.71% | 59.50% |
| Energy | 4.61% | 0.00% | 41.64% | 37.14% |
| Real Estate | 3.40% | 0.00% | 31.91% | 25.00% |
| Utilities | 2.87% | 0.00% | 20.91% | 38.50% |
| Basic Materials | 2.62% | 0.00% | 25.70% | 47.44% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SCHK % Rank | |
|---|---|---|---|---|
| US | 99.83% | 0.00% | 124.03% | 7.69% |
| Non US | 0.00% | 0.00% | 62.81% | 56.36% |
SCHK - Expenses
Operational Fees
| SCHK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.05% | 0.01% | 16.07% | 96.92% |
| Management Fee | 0.05% | 0.00% | 1.89% | 6.86% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| SCHK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SCHK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SCHK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 5.00% | 0.00% | 496.00% | 12.85% |
SCHK - Distributions
Dividend Yield Analysis
| SCHK | Category Low | Category High | SCHK % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.06% | 0.00% | 25.99% | 49.72% |
Dividend Distribution Analysis
| SCHK | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
| SCHK | Category Low | Category High | SCHK % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.43% | -54.00% | 6.06% | 7.21% |
Capital Gain Distribution Analysis
| SCHK | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 25, 2024 | $0.154 | OrdinaryDividend |
| Jan 03, 2024 | $0.007 | OrdinaryDividend |
| Dec 11, 2023 | $0.179 | OrdinaryDividend |
| Sep 25, 2023 | $0.153 | OrdinaryDividend |
| Jun 26, 2023 | $0.153 | OrdinaryDividend |
| Mar 27, 2023 | $0.144 | OrdinaryDividend |
| Dec 12, 2022 | $0.171 | OrdinaryDividend |
| Sep 26, 2022 | $0.144 | OrdinaryDividend |
| Jun 27, 2022 | $0.145 | OrdinaryDividend |
| Mar 28, 2022 | $0.120 | OrdinaryDividend |
| Jan 04, 2022 | $0.008 | OrdinaryDividend |
| Dec 13, 2021 | $0.162 | OrdinaryDividend |
| Sep 27, 2021 | $0.135 | OrdinaryDividend |
| Jun 28, 2021 | $0.125 | OrdinaryDividend |
| Mar 29, 2021 | $0.114 | OrdinaryDividend |
| Dec 15, 2020 | $0.147 | OrdinaryDividend |
| Sep 28, 2020 | $0.187 | OrdinaryDividend |
| Jun 29, 2020 | $0.124 | OrdinaryDividend |
| Mar 30, 2020 | $0.131 | OrdinaryDividend |
| Dec 17, 2019 | $0.187 | OrdinaryDividend |
| Sep 30, 2019 | $0.138 | OrdinaryDividend |
| Jul 01, 2019 | $0.126 | OrdinaryDividend |
| Mar 25, 2019 | $0.125 | OrdinaryDividend |
| Jan 03, 2019 | $0.003 | OrdinaryDividend |
| Dec 17, 2018 | $0.116 | OrdinaryDividend |
| Sep 28, 2018 | $0.118 | OrdinaryDividend |
| Jun 29, 2018 | $0.123 | OrdinaryDividend |
| Mar 22, 2018 | $0.085 | OrdinaryDividend |
| Jan 03, 2018 | $0.005 | OrdinaryDividend |
| Dec 22, 2017 | $0.077 | OrdinaryDividend |
SCHK - Fund Manager Analysis
Managers
Sabya Sinha
Start Date
Tenure
Tenure Rank
Oct 11, 2017
4.64
4.6%
Sabya Sinha, Portfolio Manager, is responsible for the day-to-day co-management of the Schwab Fundamental U.S. Broad Market Index ETF, Schwab Fundamental U.S. Large Company Index ETF and Schwab Fundamental U.S. Small Company Index ETF. Prior to joining CSIM in 2015, Mr. Sinha spent a year at F-Squared Investments on the product development and analytics team. Prior to F-Squared, he worked at IndexIQ Advisors as a senior index portfolio manager for three years and for Bank of America’s Columbia Management subsidiary as a portfolio manager for three years.
Christopher Bliss
Start Date
Tenure
Tenure Rank
Oct 11, 2017
4.64
4.6%
Christopher Bliss, CFA, Vice President and Head of the Passive Equity Team, leads the portfolio management team for Schwab’s Passive Equity Funds and ETFs. Prior to joining CSIM in 2016, Mr. Bliss spent twelve years at BlackRock (formerly Barclays Global Investors) managing and leading institutional index teams, most recently as a Managing Director and Head of Americas Institutional Index team. Prior to BlackRock, he worked as an equity analyst and portfolio manager for Harris Bretall and before that, as a research analyst for JP Morgan.
Ferian Juwono
Start Date
Tenure
Tenure Rank
Oct 11, 2017
4.64
4.6%
Ferian Juwono, CFA, Managing Director and Senior Portfolio Manager. Prior to joining CSIM in 2010, Mr. Juwono worked at BlackRock (formerly Barclays Global Investors) as a portfolio manager, managing equity index funds for institutional clients, and nearly two years as a senior business analyst. Prior to that, Mr. Juwono worked for more than four years as a senior financial analyst with Union Bank of California.
Jeremy Brown
Start Date
Tenure
Tenure Rank
Dec 14, 2018
3.46
3.5%
Jeremy Brown, Portfolio Manager, joined CSIM in 2017, Mr. Brown spent six years with ALPS Advisors, Inc. in Denver, most recently as a Senior Analyst in the ETF Portfolio Management and Research Team where he performed portfolio management, trading and analytics/research functions of ALPS ETFs and passive funds. Additionally, Mr. Brown led a number of investment research, commentary, industry trend analysis and sales and marketing support initiatives.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.23 | 2.42 |
