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Schwab Adds 6 “Fundamental” ETFs: FNDB, FNDX, FNDA, FNDF, FNDC, FNDE

By: ETFdb
Domestic equity indexes have been grinding sideways all week as mixed economic reports and looming uncertainty over the Fed’s next move have weighed on euphoria levels. The bulls and bears have been at odds all week as lackluster economic growth in Japan has collided with the first positive quarter in the eurozone, making for a mixed international landscape amid a data-heavy week on the home front [see Visual Guide: Major Index Returns By Year]. Amid the tug of war on Wall Street, industry giant Charles Schwab is expanding its core equity lineup with “fundamental” products that go beyond traditional market capitalization-weighted ETFs. Schwab Expands Beyond Market Cap-Weighted Indexes Today, the company rolled out six new equity ETFs based on fundamentally-weighted indexes from benchmark provider Russell. The firm’s decision to launch new ETFs based around a more compelling weighting-methodology, in lieu of going after the “cheapest” offerings as it previously has, showcases the [...] Click here to read the original article on ETFdb.com. Related Posts: RAFI ETFs YTD: Boom Or Bust? RAFI ETF Turns Five, Celebrates Results Does Your Portfolio Need A “RAFI ETF”? PowerShares Launches Nine RAFI Style ETFs 10 Questions About ETFs You’ve Been Too Afraid To Ask
Domestic equity indexes have been grinding sideways all week as mixed economic reports and looming uncertainty over the Fed’s next move have weighed on euphoria levels. The bulls and bears have been at odds all week as lackluster economic growth in Japan has collided with the first positive quarter in the eurozone, making for a mixed international landscape amid a data-heavy week on the home front [see Visual Guide: Major Index Returns By Year]. Amid the tug of war on Wall Street, industry giant Charles Schwab is expanding its core equity lineup with “fundamental” products that go beyond traditional market capitalization-weighted ETFs. Schwab Expands Beyond Market Cap-Weighted Indexes Today, the company rolled out six new equity ETFs based on fundamentally-weighted indexes from benchmark provider Russell. The firm’s decision to launch new ETFs based around a more compelling weighting-methodology, in lieu of going after the “cheapest” offerings as it previously has, showcases the [...]

Click here to read the original article on ETFdb.com.

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