Schwab Fundamental Global Real Estate Index Fund
Summary
Objective
The fund's goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of global real estate equities based on their fundamental size and weight.
Highlights
- A straightforward, low-cost fund with no investment minimum
- Offers contrarian investing and disciplined rebalancing through a systematic process
- Offers the potential for value and yield factor exposure
- The Fund can serve as part of the core or complement to market-cap indexing and active management in a diversified portfolio
Effective June 21, 2024, this fund changed its index and fund objective. The fund changed indexes from the Russell RAFI Global Select Real Estate Index to the RAFI Fundamental High Liquidity Global Real Estate Index.
Fund Details
Fund Profile
Fund Inception | 10/22/2014 | |
---|---|---|
Total Net Assets As of 11/04/2024
|
11/04/2024 | $81,012,792.72 |
Index Name | RAFI Fundamental High Liquidity Global Real Estate Index (Net) | |
Shares Outstanding As of 11/04/2024
|
11/04/2024 | 8,177,654 |
NAV As of 11/04/2024
|
11/04/2024 | $9.91 |
Total Holdings As of 09/30/2024
|
09/30/2024 | 412 |
Portfolio Turnover Rate As of 09/30/2024
|
09/30/2024 | 23.37% |
Morningstar Category | Global Real Estate | |
Management Style | Passive |
Yields
SEC Yield (30 Day) As of 11/01/2024
|
11/01/2024 | 3.49% |
---|---|---|
Distribution Yield (TTM) As of 09/30/2024
|
09/30/2024 | 3.73% |
Fees & Minimum
Gross Expense Ratio | 0.390% | |
---|---|---|
Net Expense Ratio | 0.390% | |
Minimum Initial Investment | No Minimum |
Fund Characteristics
Weighted Average Market Capitalization As of 09/30/2024
|
09/30/2024 | $21.99B |
---|---|---|
Price to Earnings Ratio As of 09/30/2024
|
09/30/2024 | 18.85 |
Price to Cash Flow As of 09/30/2024
|
09/30/2024 | 10.32 |
Return on Equity As of 09/30/2024
|
09/30/2024 | 6.14% |
Price to Book Ratio As of 09/30/2024
|
09/30/2024 | 0.91 |
Beta vs. Benchmark (3 Yr) As of 09/30/2024
|
09/30/2024 | 0.99 |
Standard Deviation (3 Yr) As of 09/30/2024
|
09/30/2024 | 20.25% |
Performance
Total Return
Monthly
-
SFREX
Cumulative Returns (%)
- 1 Month
- +8.40
- 3 Month
- +21.13
- YTD
- +14.54
Annualized Returns (%)
- 1 Year
- +29.70
- 3 Year
- -0.49
- 5 Year
- +0.94
- 10 Year
- --
- Inception
- +4.11
-
Global Real Estate (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +3.36
- 3 Month
- +15.57
- YTD
- +11.55
Annualized Returns (%)
- 1 Year
- +28.32
- 3 Year
- +0.08
- 5 Year
- +2.13
- 10 Year
- +4.32
-
RAFI Fundamental High Liquidity Global Real Estate Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- +8.43
- 3 Month
- +21.36
- YTD
- --
Annualized Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
Russell RAFI Global Select Real Estate Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- +8.06
- 3 Month
- +21.00
- YTD
- +13.22
Annualized Returns (%)
- 1 Year
- +27.81
- 3 Year
- -1.34
- 5 Year
- +0.37
- 10 Year
- +3.89
-
Fundamental Global Real Estate Spliced Index (Index)
Cumulative Returns (%)
- 1 Month
- +8.43
- 3 Month
- +21.36
- YTD
- +13.56
Annualized Returns (%)
- 1 Year
- +28.19
- 3 Year
- -1.24
- 5 Year
- +0.43
- 10 Year
- --
-
FTSE EPRA Nareit Global Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- +3.63
- 3 Month
- +16.03
- YTD
- +11.59
Annualized Returns (%)
- 1 Year
- +27.80
- 3 Year
- +0.04
- 5 Year
- +0.84
- 10 Year
- +3.76
Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
---|---|---|---|---|---|---|---|---|---|
1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
SFREX | +8.40 | +21.13 | +14.54 | +29.70 | -0.49 | +0.94 | -- | +4.11 | |
Global Real Estate (Morningstar Category) | +3.36 | +15.57 | +11.55 | +28.32 | +0.08 | +2.13 | +4.32 | ||
RAFI Fundamental High Liquidity Global Real Estate Index (Net) (Index) | +8.43 | +21.36 | -- | -- | -- | -- | -- | ||
Russell RAFI Global Select Real Estate Index (Net) (Index) | +8.06 | +21.00 | +13.22 | +27.81 | -1.34 | +0.37 | +3.89 | ||
Fundamental Global Real Estate Spliced Index (Index) | +8.43 | +21.36 | +13.56 | +28.19 | -1.24 | +0.43 | -- | ||
FTSE EPRA Nareit Global Index (Net) (Index) | +3.63 | +16.03 | +11.59 | +27.80 | +0.04 | +0.84 | +3.76 |
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Quarterly
-
SFREX
Average Annual Returns (%)
- 1 Year
- +29.70
- 3 Year
- -0.49
- 5 Year
- +0.94
- 10 Year
- --
- Inception
- +4.11
-
Global Real Estate (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- +28.32
- 3 Year
- +0.08
- 5 Year
- +2.13
- 10 Year
- +4.32
-
RAFI Fundamental High Liquidity Global Real Estate Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
Russell RAFI Global Select Real Estate Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- +27.81
- 3 Year
- -1.34
- 5 Year
- +0.37
- 10 Year
- +3.89
-
Fundamental Global Real Estate Spliced Index (Index)
Average Annual Returns (%)
- 1 Year
- +28.19
- 3 Year
- -1.24
- 5 Year
- +0.43
- 10 Year
- --
-
FTSE EPRA Nareit Global Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- +27.80
- 3 Year
- +0.04
- 5 Year
- +0.84
- 10 Year
- +3.76
Description | Average Annual Returns (%) | |||||
---|---|---|---|---|---|---|
1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
SFREX | +29.70 | -0.49 | +0.94 | -- | +4.11 | |
Global Real Estate (Morningstar Category) | +28.32 | +0.08 | +2.13 | +4.32 | ||
RAFI Fundamental High Liquidity Global Real Estate Index (Net) (Index) | -- | -- | -- | -- | ||
Russell RAFI Global Select Real Estate Index (Net) (Index) | +27.81 | -1.34 | +0.37 | +3.89 | ||
Fundamental Global Real Estate Spliced Index (Index) | +28.19 | -1.24 | +0.43 | -- | ||
FTSE EPRA Nareit Global Index (Net) (Index) | +27.80 | +0.04 | +0.84 | +3.76 |
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
After Tax Returns
Pre-Liquidation
SFREX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +27.73
- 3 Year
- -1.56
- 5 Year
- -0.12
- 10 Year
- --
- Inception
- +2.85
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +17.63
- 3 Year
- -0.70
- 5 Year
- +0.41
- 10 Year
- --
- Inception
- +2.79
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.70
- 3 Year
- +1.36
- 5 Year
- +1.32
- 10 Year
- --
- Inception
- +1.41
Description | Average Annual Returns (%) | |||||
---|---|---|---|---|---|---|
1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
SEC Pre-Liquidation | +27.73 | -1.56 | -0.12 | -- | +2.85 | |
SEC Post-Liquidation | +17.63 | -0.70 | +0.41 | -- | +2.79 | |
Tax Cost Ratio | +1.70 | +1.36 | +1.32 | -- | +1.41 |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Global Real Estate NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +26.05
- 3 Year
- -1.50
- 5 Year
- +0.51
- 10 Year
- +2.57
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +16.23
- 3 Year
- -0.60
- 5 Year
- +1.00
- 10 Year
- +2.65
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.17
- 3 Year
- +1.41
- 5 Year
- +1.49
- 10 Year
- +1.61
Description | Average Annual Returns (%) | |||||
---|---|---|---|---|---|---|
1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
SEC Pre-Liquidation | +26.05 | -1.50 | +0.51 | +2.57 | ||
SEC Post-Liquidation | +16.23 | -0.60 | +1.00 | +2.65 | ||
Tax Cost Ratio | +1.17 | +1.41 | +1.49 | +1.61 |
Post-Liquidation
SFREX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +27.73
- 3 Year
- -1.56
- 5 Year
- -0.12
- 10 Year
- --
- Inception
- +2.85
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +17.63
- 3 Year
- -0.70
- 5 Year
- +0.41
- 10 Year
- --
- Inception
- +2.79
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.70
- 3 Year
- +1.36
- 5 Year
- +1.32
- 10 Year
- --
- Inception
- +1.41
Description | Average Annual Returns (%) | |||||
---|---|---|---|---|---|---|
1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
SEC Pre-Liquidation | +27.73 | -1.56 | -0.12 | -- | +2.85 | |
SEC Post-Liquidation | +17.63 | -0.70 | +0.41 | -- | +2.79 | |
Tax Cost Ratio | +1.70 | +1.36 | +1.32 | -- | +1.41 |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Global Real Estate NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +26.05
- 3 Year
- -1.50
- 5 Year
- +0.51
- 10 Year
- +2.57
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +16.23
- 3 Year
- -0.60
- 5 Year
- +1.00
- 10 Year
- +2.65
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.17
- 3 Year
- +1.41
- 5 Year
- +1.49
- 10 Year
- +1.61
Description | Average Annual Returns (%) | |||||
---|---|---|---|---|---|---|
1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
SEC Pre-Liquidation | +26.05 | -1.50 | +0.51 | +2.57 | ||
SEC Post-Liquidation | +16.23 | -0.60 | +1.00 | +2.65 | ||
Tax Cost Ratio | +1.17 | +1.41 | +1.49 | +1.61 |