Charles Schwab Corporation (SCHW) shares surged in premarket trading after the company delivered impressive third-quarter results. Revenue topped analyst expectations, driven by strong growth in asset management fees and active brokerage accounts. The company also reported a record high in total client assets, showcasing continued investor confidence.
Despite the S&P 500 hitting a new high in September, trading activity on Charles Schwab’s platforms declined, indicating a cautious approach from investors despite a positive market environment.
The Schwab Fundamental U.S. Large Company ETF (FNDX) is a smart beta ETF designed to provide broad exposure to the large-cap value segment of the U.S. market. This article explores FNDX’s investment strategy, performance, risk, and how it compares to other similar ETFs.
