(FNDA) Schwab Fundamental U.S. - Ratings and Ratios

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is designed to track the performance of small-cap U.S. companies selected based on fundamental scores, which are derived from the RAFI Global Equity Investable Universe. This approach focuses on companies with strong underlying financials, rather than solely on market capitalization.

The funds investment strategy involves allocating at least 90% of its net assets to stocks within the index, which is constructed using a rules-based methodology that evaluates companies based on their fundamental characteristics, such as sales, cash flow, dividends, and book value. This methodology is designed to provide a more comprehensive assessment of a companys size and financial health.

By investing in FNDA, investors gain exposure to a diversified portfolio of small-cap U.S. companies that have been identified as having strong fundamental scores. The funds underlying index is reconstituted regularly to ensure that the constituent companies continue to meet the required fundamental criteria.

Analyzing the , we observe that FNDAs price is currently near its 20-day Simple Moving Average (SMA20) of $27.81, indicating a relatively stable short-term trend. The 50-day SMA is at $26.79, suggesting a potential support level, while the 200-day SMA at $28.94 indicates a longer-term resistance level. The Average True Range (ATR) of 0.43 represents a 1.56% daily price range, indicating moderate volatility.

Considering the , FNDA has a substantial Assets Under Management (AUM) of $8.144 billion, indicating a sizable and liquid investment vehicle. This, combined with the funds diversified portfolio and rules-based index methodology, suggests a robust investment strategy.

Forecasting FNDAs performance, we can anticipate that if the current price remains above the 50-day SMA and the ATR continues to indicate moderate volatility, the fund may experience a gradual upward trend. However, if the price fails to break through the 200-day SMA, it may face resistance and potentially consolidate or correct. With a strong fundamental score-based methodology and a sizable AUM, FNDA is well-positioned to capitalize on opportunities in the small-cap U.S. equity market.