Schwab Fundamental U.S. Broad Market Index ETF

Schwab Fundamental U.S. Broad Market Index ETF is an exchange-traded fund (ETF) from Schwab, traded under the ticker FNDB (ISIN US8085247893). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. Its largest holdings include APPLE INC, MICROSOFT CORP and EXXONMOBIL HOLDINGS CORP. Spread across roughly 1637 holdings (the ten largest ≈ 19.5%), no one position makes or breaks the fund. Its biggest country exposures are ~97.2% US, ~1.6% IE and ~0.5% GB. Its heaviest sectors are ~18.7% Technology and ~15.4% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 10.8% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2013. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Schwab.)