SCHK

Schwab 1000 Index ETF

$32.30
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Schwab 1000 Index ETF seeks to track the performance of the Schwab 1000 Index, which represents the 1,000 largest publicly traded U.S. companies.

Overview

ETF tracking Schwab 1000 Index ETF

Category Other
Issuer Charles Schwab
Inception Date 2017-10-11
Market Cap $4.7B
Average Volume N/A
Dividend Yield 1.10%
52-Week Range $23.87 - $33.10
VWAP $32.34

Performance

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Investment Summary

📎 Investment Objective

The Schwab 1000 Index ETF seeks to track the performance of the Schwab 1000 Index, which represents the 1,000 largest publicly traded U.S. companies.

🎯 Investment Strategy

The ETF employs a passively managed, full-replication strategy, seeking to hold all the securities in the underlying index in approximately the same weights. This approach is designed to provide investment results that closely correspond to the price and yield performance of the Schwab 1000 Index.

✨ Key Features

  • Broad exposure to the 1,000 largest U.S. publicly traded companies
  • Low-cost index-based approach with a 0.00% expense ratio
  • Designed to closely track the performance of the Schwab 1000 Index
  • Suitable for core U.S. equity allocation in a diversified portfolio

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
  • Tracking error risk: The ETF may not perfectly track the performance of the underlying index
  • Concentration risk: The ETF's holdings are concentrated in the largest U.S. companies
  • Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the ETF

👤 Best For

The Schwab 1000 Index ETF may be suitable for long-term investors seeking broad exposure to the U.S. large-cap equity market as part of a diversified portfolio. It may be particularly appropriate for investors with a moderate risk tolerance who are looking for a low-cost, passively managed investment option.