Schwab 1000 Index ETF (SCHK)
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SCHK Chart
SCHK: A Thousand Stocks, One Bet
The Schwab 1000 Index ETF tracks the Schwab 1000 Index, offering broad market exposure and charging a 0.03% expense ratio. Despite its broad reach, the fund is concentrated, with the top 10 holdings making up about 34% of assets, mostly large-cap technology names. Given this concentration, elevated valuation, and a challenging macroeconomic backdrop, SCHK is a hold for now.
Should Schwab 1000 Index ETF (SCHK) Be on Your Investing Radar?
The Schwab 1000 Index ETF (SCHK) was launched on October 11, 2017, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
Should Schwab 1000 Index ETF (SCHK) Be on Your Investing Radar?
Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the Schwab 1000 Index ETF (SCHK), a passively managed exchange traded fund launched on October 11, 2017.
Schwab 1000 Index ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 4,880 | $127,685.2 | $177,168.4 | $49,483.2 | 38.75% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 5,887 | $163,744.9 | $213,168.27 | $49,423.37 | 30.18% |
| YA Yinka Akinsola Blue Trust Inc. | 746 | $24,468.8 | $26,997.74 | $2,528.94 | 10.34% |
 Carrie Delgott Wescott Financial Advisory Group LLC | 90,988 | $2.98M | $3.29M | $308,985.87 | 10.36% |
 Jeffery Yorg Focus Partners Advisor Solutions LLC | 10,670 | $349,976 | $386,734.15 | $36,758.15 | 10.5% |
Schwab 1000 Index ETF (SCHK) FAQ
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Does it pay dividends? What is the current yield?
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Has Schwab 1000 Index ETF ever had a stock split?
Schwab 1000 Index ETF Profile
| ARCA Exchange | US Country |
Overview
The Schwab 1000 Index is an investment vehicle that reflects a comprehensive and substantial market approach, functioning under the principle of floating-adjusted market capitalization. This methodology prioritizes the inclusion of the 1,000 largest U.S.-based publicly traded companies, arranged according to their market capitalization, which represents the total market value of their outstanding shares. A distinctive feature of this index is its adherence to a specific investment policy, ensuring that, in usual operating conditions, a minimum of 90% of its net assets, which accounts for any borrowed funds for investment purposes as well, are allocated in the stocks that compose the index. This disciplined investment strategy underscores the fund's commitment to closely tracking the performance and composition of the Schwab 1000 Index.
Products and Services
- Index Investment
- Fund Policy Compliance
At its core, the Schwab 1000 Index provides investors with a product designed for tracking the performance of the 1,000 largest publicly traded companies in the United States. By mirroring this broad segment of the U.S. economy, the index offers a diversified exposure to the largest cap segments, encompassing a wide array of industries. This investment is suited for those seeking exposure to a broad market base, intending to mirror the economic performance of large-cap U.S. equities.
In alignment with its investment policy, the Schwab 1000 Index ensures rigorous compliance by investing at least 90% of its net assets in the constituent stocks of the index. This strategic approach not only strengthens the Index's alignment with its benchmark but also provides investors with a transparent and focused investment philosophy. This policy is crucial for investors who prioritize investment strategies that maintain high fidelity to their benchmark indexes.
