Schwab Fundamental U.S. Small Company ETF

SCHWAB STRATEGIC TRUST · Series S000040878 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:FNDA
$9.83B NAV
888 positions · as of 2026-02-28 · filed 2026-04-24
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q2

The funds goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of small U.S. companies based on their fundamental size and weight.

Strategy · summarised

The fund tracks the RAFI Fundamental High Liquidity US Small Index, which selects and weights small U.S. companies by fundamental measures of size—adjusted sales, retained operating cash flow, and dividends plus buybacks—rather than market capitalization. The fund generally invests at least 90% of assets in index constituents, holding them at index weights, though it may deviate from those weights for tax efficiency, liquidity, or to avoid odd-lot purchases. Because the fund may weight individual stocks differently from the index, its performance may diverge from the index's return.

Expenses
0.25%one share class
Share classExpense ratio
FNDA0.25%

Portfolio turnover 26.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.26%
of net assets
Stocks99.85%
Cash & short-term0.42%
Derivatives-0.00%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 3 new82 exited

New: PNFP, HPP, Chicago Mercantile Exchange

Largest exited: Anywhere Real Estate Inc, Hillenbrand Inc, Cadence Bank, PCH, ALLETE Inc, Steelcase Inc, TreeHouse Foods Inc, Pinnacle Financial Partners Inc

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Mar 2023 – Feb 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Lumentum Holdings IncLITE1.08%$106.40M
Compass IncCOMP0.63%$61.63M
Viasat IncVSAT0.47%$46.31M
EchoStar CorpECHO0.47%$46.06M
MKS IncMKSI0.46%$45.22M
Coherent CorpCOHR0.46%$44.89M
Terex CorpTEX0.42%$41.65M
State Street Institutional US Government Money Market Fund0.42%$41.19M
Comfort Systems USA IncFIX0.41%$40.38M
Victoria's Secret & CoVSXY0.41%$40.20M
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Top 10 positions are 5.23% of net assets, top 25 10.47%, across 886 issuers.

See more of this fund's book

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