Schwab 1000 Index ETF: A Comprehensive Guide

The Schwab 1000 Index ETF is a popular investment option that allows you to track the performance of the Dow Jones U.S. 1000 Index, which represents the top 1000 publicly traded US companies.

This index is designed to be a broad representation of the US stock market, covering around 90% of the US equity market's capitalization.

The Schwab 1000 Index ETF is designed to provide broad diversification and reduced volatility, making it a great option for long-term investors.

It has a low expense ratio of 0.03%, making it an attractive option for those looking to save on fees.

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The Schwab 1000 Index ETF has a fund goal that's quite straightforward: it aims to track the total return of the Schwab 1000 Index before fees and expenses.

The Schwab 1000 Index itself is calculated by the S&P Dow Jones Custom Index Services Group, which starts with a universe of the top 2,400 U.S.-based companies, ranked by float-adjusted market capitalization.

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The Schwab 1000 Index ETF has seen significant changes in its top holdings over the past year. According to the Historical Top Holdings Breakdowns, BlackRock Inc was added as a new holding on August 31, 2024, with 10,056 shares.

The ETF's holdings have also included Microsoft Corp, with the company's stock price increasing by 72.37% from February 28, 2023, to May 31, 2023. This is reflected in the table below:

The ETF's holdings have also included Apple Inc, with the company's stock price increasing by 68.19% from February 28, 2023, to May 31, 2023.

In this section, we'll dive into the key statistics of the Schwab 1000 Index ETF. The day's open price was $28.61, which is a crucial metric for investors.

The day's range was $28.54 to $28.74, indicating a relatively stable price movement. This stability is a good sign for investors looking to minimize risk.

The day's volume was 557,846 shares, which is a decent trading activity. A higher volume typically indicates more interest in the investment.

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The 52-week range was $22.705 to $29.54, showing a significant price fluctuation over the past year. This range can help investors gauge the investment's volatility.

The beta of the Schwab 1000 Index ETF was 1.02, indicating a moderate level of risk. A beta of 1 means the investment's price will move in line with the market, while a beta above 1 means it will be more volatile.

Here are the key statistics at a glance:

The 3-year Sharpe ratio was 0.24, indicating a relatively low risk-adjusted return. The 3-year Sortino ratio was 0.35, which is slightly higher, suggesting a better risk-adjusted return.

The volatility of the investment was 11.17, indicating a moderate level of risk. The 14-day RSI was 41.41, which is a relatively low reading, suggesting the investment is not overbought. The 14-day ATR was $0.357646, which is a relatively low reading, indicating a stable price movement. The 20-day SMA was $28.595, which is a relatively stable reading, suggesting a steady price trend.

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In the Schwab 1000 Index ETF, BlackRock Inc was a new holding added on August 31, 2024, with an impact of +0.24%.

The company's share price ranged from $756.13 to $898.36, with a current price of $963.00, representing a 16.87% price change from the average.

Microsoft Corp was added as a holding on February 28, 2023, with an initial share price of $426.31, and an increase of 72.37% from the average.

The company's share price was also added on May 31, 2023, with a similar increase of 46.21% from the average.

Here's a breakdown of the top holdings added and sold out in the ETF:

Activision Blizzard Inc, on the other hand, was sold out on November 30, 2023, resulting in a -0.16% impact on the ETF.

Pioneer Natural Resources Co was also sold out on May 31, 2024, with a -0.12% impact.

The addition of Exxon Mobil Corp on May 31, 2024, resulted in a +0.12% impact, with a share price increase of 12.37% from the average.

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The Schwab 1000 Index ETF has made some significant changes to its top holdings over the past year. One notable addition is Microsoft Corp, which was added twice - first on February 28, 2023, and again on May 31, 2023.

Microsoft Corp's price has seen a substantial increase, rising from $247.32 to $426.31, representing a 72.37% change. This addition has contributed a total of 23,548 and 18,211 shares to the portfolio, respectively.

BlackRock Inc is another notable holding, with the company being added on August 31, 2024, and sold out on the same date. The price of BlackRock Inc's shares increased from $823.99 to $963.00, representing a 16.87% change. This change resulted in the addition of 10,056 shares and the removal of 9,943 shares from the portfolio.

Here's a breakdown of the top holdings and their changes:

Large-Cap Equities are a staple in many portfolios, and for good reason. Market-cap weighted passive vehicles like the Schwab 1000 ETF track the largest 1,000 US companies.

These vehicles have a heavy bias towards the biggest players in the market, which can be a double-edged sword. They can still continue to perform well, but are currently overvalued and overcrowded.

Investors should be aware that market-cap weighted passive vehicles are not immune to market fluctuations, despite their popularity. The Schwab 1000 ETF's heavy bias towards the largest US companies means it may not be the best fit for every portfolio.

The Schwab 1000 Index ETF offers exposure to the top 1,000 US companies, with a heavy bias towards large-cap stocks. This investment vehicle tracks the in-house developed proprietary benchmark.

One of the key benefits of SCHK is its ultra-low cost, making it an attractive option for investors seeking affordable access to the US market. With an equity blend encompassing 1,000 US heavyweights, SCHK provides a broad exposure to the US stock market.

The ETF's top holdings include industry giants like BlackRock Inc, Microsoft Corp, and Apple Inc. As of 2024-08-31, BlackRock Inc was a new buy, accounting for +0.24% of the portfolio, while Microsoft Corp and Apple Inc were added in 2023, contributing +0.24% and +0.22% respectively.

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Here are the top holdings in the Schwab 1000 Index ETF as of 2024-08-31:

The ETF's holdings are subject to change, with some stocks being added or sold out over time. For example, Activision Blizzard Inc was sold out on 2023-11-30, while Exxon Mobil Corp was added on 2024-05-31.