ETF / Finance

A Fundamentally Sound Small-Cap ETF

From ETFs
March 20, 2017 - 9:41am
Small-cap stocks and exchange-traded funds have been in the news quite a bit recently and for all the wrong reasons. With the widely followed Russell 2000 Index and the S&P SmallCap 600 Index up an average of 2.2 percent year-to-date, or about a third of the gain posted by the S&P 500, some investors are growing concerned about the laggard status of smaller stocks. Smart Beta ETFs Some smart beta small-cap ETFs could merit attention in an environment that is becoming increasingly tricky for lower market value fare. An idea to consider is the Schwab Fundamental U.S. Small Company Index ETF (NYSE: FNDA). FNDA, which debuted in August 2013, tracks the Russell RAFI US Small Co. Index, which includes the bottom companies that weight below 87.5 percent from the Russell 3000 Index. Earlier this month, Schwab lowered the annual fee ...Full story available on Benzinga.com


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