FNDX
Schwab Fundamental U.S. Large Company Index ETF
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What is a good tax cost ratio for a taxable account?
What's a good hedge against VTI, in case of an economic downturn?
$FDXTF - FendX Engages nanoComposix for Scale-Up Development of Its Spray Nanotechnology
FDXTF - FendX Engages nanoComposix for Scale-Up Development of Its Spray Nanotechnology
FNDX is a nanotechnology company that produces products to reduce the spread of pathogens
FNDX is a nanotechnology company that produces products to reduce the spread of pathogens
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> When people talk about the market crashing right now they obviously aren’t in etfs ... FNDX is doing just fine.
Check out SCHV and FNDX
The Schwab Fundamental Weighted large cap ETF, FNDX, only weights NVDA at 0.40% of the portfolio. The low weight is based on business fundamentals. I use this ETF for US large cap exposure. Your "take profits" moment is here.
Take a few days or weeks off. It's OK. I'd get back in with some ETFs that don't go heavily into Tech, like FNDX or FNDB... they don't use market cap weighted indices. Get a generous slice of international... VXUS. High quality bonds. Cash. Gold. Commodities (PDBC). Relax.
FNDX - Basically the S&P but weighted by things like profit and cash flow, as opposed to market cap
FNDB and FNDX are weighted by fundamentals (sales, profits, dividends, etc.) rather than market cap. Top holdings are still AAPL and MSFT but tech overall I think is 19% in FNDB vs 30-40% in VOO. 90% of my Roth is in VT and FNDB.
International, small cap, mid cap, value stocks, cash, bonds, gold, REITS, other indices like FNDX.
You can select an ETF which doesn't blindly allocate into stocks based on market cap, like Schwab Fundamental Index FNDX. There is a whole family of "FN" covering US small to large cap, and international. You can invest overseas VXUS or VEU. Many things to do. People here will convince you that anything other than VOO is stupid. That's the most narrow minded point of view ever.
I have used RSP, but now I favor FNDX. FNDX uses the Research Affiliates fundamental index which still allocates to tech and AI but seeks out better values based on sales, cash flows. It's less bubble prone
I’d ditch RSP and SCHD. If you don’t wanna use an S&P 500 index fund, I’d go w VUG to cover growth and SPYV or VTV to cover value. FNDX and FNDF have great track records if you want to mix in fundamental analysis ETFs, but their OER is a bit higher at 0.25% if you’re cost conscious.
If ex-Magnificent Seven is what you want, there is exactly such a fund for it, XMAG. If you want to exclude some other set of stocks, there's a few ways. You could look for funds which don't include it like value funds VTV or fundamental-weighted funds FNDX or ex-GICS-tech SPXT. Simple but not very targeted. You could stub out the stocks by buying the broad market and shorting the particular stocks or an ETF of those stocks which you don't want, and top off your beta with some leverage back into the broad market. Kind of a lot of work. You can look for a direct indexing service and craft your own portfolio of stocks without those stocks. You could just buy your own portfolio of stocks.
>Am I correct to have a sense of urgency not leaving this type of cash in CD’s perhaps. what's the time horizon? if you'll need this money in less than about 5 years just leave in CDs. if it's 5+ years, think about investing at least part of it. it's not all or nothing. you could invest half the cash, and leave the other cash in the bank. >despite the overvalued markets there are more options than VOO or VTI, which are at high valuations historically. VOOV, FNDX or SCHD has a much more attractive valuation than VOO. small cap stocks are also more reasonably valued (IJR, AVUV, SCHA), ditto for international broadly speaking. >how would you diversify? much more international, and probably more bonds. possibly diversify into more reasonably valued options. at current market valuations like CAPE ratio, the US market is likely to have disappointing returns in the next 10-12 years while international stocks are likely to perform better. Bonds are also likely to perform pretty well. The projections from Research Affiliates for the next 10 years are pretty typical, and historically their forecasts have been more accurate than not. you can see for yourself that international stocks are likely going to perform better than US stocks. https://tinyurl.com/336v3yvd >I’m 46, and not yet ready for bonds see above. Bonds beat the S&P 500 from 2000 to 2020, so you're not guaranteed to get the best long-term results from stocks. https://www.nytimes.com/2020/05/01/business/bonds-beat-stocks-over-20-years.html
XMAG, RSP and FNDX are three approaches that might help you towards your goal. And of course, anything international.
There are funds out there that de-emphasize the Mag 7. FNDX and XMAG are two examples, the former using an index methodology that is not based on market cap and the latter simply excludes the Mag 7. Simply moving some of your current S&P 500 exposure to XMAG would cut your Mag 7 exposure while leaving everything else intact. Increasing your international allocation is another way to back away from the Mag 7 and also buy into lower valuations across the board.
the S&P 500 is far from perfect. and it's been mythologized by some as the perfect ultimate investment, when that's far from accurate. there are long periods of time smaller US companies like the S&P 600 will beat the S&P 500, international stocks, bonds, or commodities will give much better returns. Rob Arnott and colleagues wrote a paper on how index funds tend to basically sell low and buy high when they make changes. https://www.researchaffiliates.com/publications/articles/674-buy-high-and-sell-low-with-index-funds but the point is not that the S&P 500 is perfect, but that (a) it's rarely a terrible choice long-term and is a decent proxy for the overall market; and (b) the transaction/expense costs are low in most cases with a mutual fund or ETF tracking the S&P 500. fees are one of the few variables individual investors can control. if you compare S&P 500 performance with with the Russell 1000, which is based entirely on market capitalization, the long-term results are very close. https://media.ycharts.com/charts/b8cb8a529298112db88f111952bd986e.png I can't find the links at the moment, but there's data showing any large pool of stocks (30-50+) selected at random from the Russell 1000 or Russell 3000 will tend to perform about as well as the overall market, when looking at the long-term. there are 'fundamental indexes' that rank stocks by earnings, revenue, dividends, etc. Schwab has a bunch (FNDX, FNDB, FNDE) and Wisdom Tree has ESP and similar.
Funds are able to switch the benchmark/index they use for a fund. Changing an index isn’t a frequent thing, but it’s more common than you would expect. Two notable examples: FNDX changed its benchmark in 2024. A third party analyst described the change as one that would hardly affect the strategy and that the new index is nearly identical to the one it was replacing. SPLG has followed a few different US large cap indices before settling on the SP500. Those included the Russell 1000 and an in-house index built by state street. If you had blindly compared either of those two benchmarks against the SP500 it would be difficult for the average investor to tell the difference.
My firs idea was INTL naturally correct for it as well as having only 40% in US stocks. But I wanted a bit more correction. So basically I got a bit of a value tilt with dedicated value funds on the 401K/HSA on top of investing on SP500 index. And on the brokerage where I get more choice. I decided to get a bit FNDX (FNDF for INTL) that is a factor ETF. It define the stocks to get not only using capitalisation criteria but also yield/value/momentum. Overall the portfolio worked quite well especially during the correction. Bond and real estate did ok as well as managed futures. Gold did quite well. Stocks didn't lose as much as the market thanks to the value tilt. And I brought a bit extra stocks near the bottom.
I sold April 3rd, and switched to CDs in my IRA, and shorts + a bit of $FNDX and Berkshire in my normal Webull account. I'm heavier on cash in HYSA and CDs now though, despite losing some on selling early, because I know better than to start "revenge trading" to get it all back like an idiot on r/wallstreetbets
I wouldn’t say VOO is better per se. VOO and SPY are market cap weight ETFs so you’re going to be very tech heavy, which is what’s driving the market. When tech pulls back VOO will take a bigger hit than FNDX. FNDX is a fundamental/value based ETF so it’s screened using certain factor based investing. This is also why its expense ratio is higher but is not unreasonable. FNDX is more spread across sectors so you won’t see as much of a drop as would with VOO or SPY. On the other hand you won’t see the same gains as you would with VOO so it really comes down to risk tolerance. Personally, I don’t think it’s worth the tax hit if in a taxable account and to just start investing in VOO moving forward but that’s just my opinion
Just look for any pump and dump schemes and companies that continuously dilute shares. Market cap isn't all it's cracked up to be. It's a fairly arbitrary number. You should look at SPHQ, FNDX, and PRF. They are weighted by profitability and fundamentals
Thanks for sharing. To sum up, focusing on any individual sectors is a bad idea (makes a portfolio too "messy?"), and so I should drop the gold, infrastructure, energy, financial, and REIT funds as well as the midcap fund and dividend funds (GPIX & EVT). Then I should do these replacements because they are superior (less risky? likely to perform better?): ** bonds AGG instead of VWAHX ** large cap FNDX instead of VWELX ** small cap IJR instead of AVUV ** global/international IEFA instead of VT ** broad market AOA instead of VTSAX
I have no expertise but I invested a bit in SFLNX/FNDX earlier this year. At the time, it seemed like sentiment was debating whether we were in another tech bubble, some index components way up, metrics saying valuations were on the high side, but as everyone knows the long-term prudent action is to just keep investing even the short-term is iffy. I found FNDX and it seemed kind of unique--a valueish fund with more tech than typical value funds, just a bit underweight. Many of the same top holdings, just not as top-heavy; underweight some of the most hyped stocks and overweight what you'd usually see as the top holdings in a value fund, but as the second tier of holdings, with like half of the top ten still being tech just at lower percentages. It felt really well-balanced to me at the time. In researching it I never saw any red flags. Methodology seems logical, doesn't come from a nobody, fees are higher but not exorbitant, and even Bogleheads seemed to have more quibbles than objections. So far so good and has slightly outperformed VOO, although seven months is nothing. I never found some major drawback that you've missed though.
If you’re looking for an element in your portfolio with a slightly defensive tilt OR you’re looking for good equity exposure in retirement then that could be a great fit. FNDX and FNDA have been on my radar for a while. In general, market cap weighted large value funds are usually rather poor but factor based funds like FNDX seem to stack up VERY well.
FNDX uses a very different strategy from VOO/SPY, so it's not a direct apples to apples comparison. the fact sheet for FNDX uses the Russell 1000 as a benchmark, not VOO. there are periods that FNDX will perform better than VOO ... the strategy for FNDX is a little disappointing during a re-hot bull market, but it holds up much better in crashes or bear markets. so be careful looking at 5 year returns.
> but have since learned that there are better ETFs to invest in like VOO or SPY just based on returns alone. And why would that be? I did a 10-year backend test ($100 initially, $200/monthly) with FNDX vs VOO, and FNDX has a 12.31% CAGR vs VOO with 12.95% CAGR. But FNDX has lower max drawdowns (-12.98% vs -18.21%). Basically, you're trading potentially lower gains with less volatility. And VOO is hardly the best etf/fund to invest in if you're looking at potential returns. Funds like SCHG, MGK, VGT all have better 10Y CAGR. However, you're trading potential for higher returns with more volatility. You have to ask yourself what kind potential growth and volatility ratio you are comfortable with? Disclaimer: Past performance is not indicative of future returns.
It doesn't matter what you do with the money, buy ice cream, a pound of weed or give it to your mother, you pay taxes on gains if FNDX is not held in a tax-free box like an IRA. And for shares you have owned less than a year, you will pay short term capital gains.
FNDX technologies, they are working with McMaster University to develop a anti-pathogen film and spray, for hospitals and public places.
in addition to equal-weighting, another option is the 'fundamental indexes' from Schwab, based on Rob Arnott's research. over 90% of the stocks from VOO are also in FNDX, but FNDX weights them differently. Nvidia is the top stock in VOO, but it's at about 50th in FNDX. https://www.zacks.com/funds/etf/FNDX/holding
Depends on the fund. Proprietary ETFs like FNDX that require more upkeep than mimicking an index charge 0.25%. But then you have more general index funds like SCHK (Schwab 1000) that only charges 0.05%. They also use secondary ETFs from Vanguard and other providers for tax loss harvesting purposes. “Schwab Intelligent Portfolios are designed to be low cost and range in weighted average annual ETF Operating Expense Ratios (OERs) at the portfolio level from 0.02% to 0.19%” https://www.schwab.com/automated-investing/etf-selection#:~:text=Schwab%20Intelligent%20Portfolios%20are%20designed,from%200.02%25%20to%200.19%25.
If you’re trying to gain some diversification from the funds available in the TSP then I would consider funds such as: MOAT, MXHQ, AVUV, COWZ, FNDX, IWF, QQQM, DGRO
If you are retired and would like to generate a little revenue from that investment then consider a value fund like DGRO, VTV or FNDX. You could also use a balanced fund like AOR which a mix of stocks and bonds. Again, this is less volatile. Take the dividends and let the base continue to grow. If you’re comfortable with big swings in the market then the SP500 is a bit more aggressive than the other options listed. Don’t touch Bitcoin. It’s a volatile asset and completely inappropriate for someone in retirement. Bitcoin is not a wise investment for serious investors.
LATEST NEWS RELEASE: **FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF)** (FSE: E8D) (the "Company" or "FendX"), a nanotechnology company developing surface protection coatings to reduce the spread of pathogens, is pleased to announce that the Company has completed a third pilot manufacturing run on Dunmore International Corp.'s ("Dunmore") commercial manufacturing equipment which was successful in furthering optimization of the REPELWRAP™ film manufacturing process and advancement of the Company's scale-up development initiatives of REPELWRAP™ film. The results of the first pilot manufacturing run, announced October 3, 2023, confirmed the REPELWRAP™ film formulation is suitable for automated manufacturing, which involved a two-pass coating process to create the nano-coating on the surface of the film. The first pilot run was successful and resulted in production of intermediate sized sheets of film covered with the Company's nanotechnology. The Company conducted a successful second pilot manufacturing run, announced January 10, 2024, that consisted of combining the nano-coating chemicals to enable a one-pass coating process to reduce manufacturing time as a one-pass coating does not require machine change overs between each coating application. In this third pilot run, a key focus was to utilize the one-pass coating process confirmed in the second pilot run to further reduce the drying time after deposition of the nano-coating on the film. The Company confirmed it was successful in reducing the manufacturing drying time compared to the drying times that were required in the first and second pilot runs. This resulted in a more efficient and cost-effective process that supports the Company's continued advancement and optimalization of the manufacturing process. The Company plans to continue to refine the manufacturing process and conduct further testing including real world conditions testing. **"We are pleased with the successful advancements we are making to streamline the manufacturing process to manufacture REPELWRAP™ film on Dunmore's commercial manufacturing equipment," stated Carolyn Myers, CEO of FendX. "We are working closely with Dunmore and McMaster University to continue to optimize the manufacturing process and look forward to getting closer to a final commercial manufacturing process."** The Company entered into a development stage agreement with Dunmore, a Steel Partners Holdings L.P. (NYSE: SPLP) operating company to assess scale-up of REPELWRAP™ film, as previously announced on April 12, 2023. On June 22, 2023, the Company announced they had successfully completed the first phase of the work to adapt McMaster University's lab prototype formula to Dunmore's manufacturing process. The second phase of the work, which is in progress, is to conduct automated pilot runs on Dunmore's commercial manufacturing equipment. **About REPELWRAP™ film** REPELWRAP™ film is the Company's first product under development and is a protective surface coating film that leverages the Company's award-winning nanotechnology. REPELWRAP™ film has demonstrated unique repelling properties that prevent the adhesion of pathogens, bacteria, and viruses, reducing their transmission on surfaces prone to contamination. The Company believes REPELWRAP™ film will have applications in healthcare settings and other industries. **About Dunmore International Corp.** Dunmore is a global manufacturer of engineered coated and laminated films and foils with manufacturing facilities in the U.S. and Germany. Dunmore offers film conversion services such as coating, metallizing, and laminating along with contract film manufacturing and custom film product development. Dunmore services a diverse group of industries including aircraft, spacecraft, photovoltaic, graphic arts & labels, packaging, and insulation. Dunmore is a subsidiary of Steel Partners and is ISO 9001:2015 and OSHA VPP Star certified.
So open a brokerage account with fidelity (or any investment bank) and look at the tutorials. Dont invest in individual stocks thats too risky. Instead invest in portfolio like VOO or FNDX (these are made up of lots of companies you can type those in the search bar) and then invest as much as you can! Bonus if you set up recurring investments. This is recommended if you dont plant to touch that money for a minute!
Times like these I like to buy ETFs that filter for fundamentals or with a value tilt. Something like FNDX
FendX Engages nanoComposix for Scale-Up Development of Its Spray Nanotechnology Oakville, Ontario--(Newsfile Corp. - October 26, 2023) - FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the " Company " or " FendX ") a nanotechnology company developing surface protection coatings, is pleased to announce that the Company and nanoComposix, LLC (" nanoComposix ")... View the full press: [https://marketwirenews.com/news-releases/fendx-engages-nanocomposix-for-scale-up-development--6940613744487689.html](https://marketwirenews.com/news-releases/fendx-engages-nanocomposix-for-scale-up-development--6940613744487689.html)
Buy TGT and DIS with part of it. They look like shit right now but they'll recover. Decent chunk in an ETF like FNDX or VTI.
Do: invest as much as you can regularly into ETFs & Blue chips. Don’t: try get rich quick and YouTube guru methods. You don’t have the knowledge to evaluate more complex strategy. An ETF portfolio I really like is 25% DIA, 30% XLK, 24.5% FNDX, 3.5% XLY, 13.5% SCHA, 3.5% VBK. Similar systematic risk to the S&P500 and well diversified. ≈ 2% alpha to SPY. You save a bit on expense ratios. Since you’re young, I might take some out of DIA and invest in some high growth blue chip tech individuals, maybe NVDA or other AI exposure — do some homework
I wish there was an ETF that chopped off the top 10 stocks by market cap. Rob Arnott, and Fama and French, have both research showing today's 10 stocks tend to have disappointing results going forward. companies rarely stay on top more than a decade, so you're typically buying stocks at peaks before they decline. equal weight ETFs might hit the spot. EQAL is an equal weight Russell 1000 so gets you more mid-cap stocks than the S&P 500. Arnott's 'fundamental indexes' like FNDX might also be a good fit. they weight stocks by dividends, revenues, etc ... not simply by market capitalization. so the top 10 looks different from VOO.
FNDX is a value-tilted ETF of large cap companies. It has 730 stocks though, similar to Schwab's SCHX fund.
IMO my best decision avoid being concentrated in the same stocks that dominate VTI/S&P 500. this strategy can minimize the damage from crashes, which do more harm than many younger investors realize. it can take years or even decades to recover from major market crashes. so risk management to avoid concentration is a good plan for part of your portfolio. market-cap weighted index funds are essentially trend and momentum based, with no connection to valuation. you're buying more and more of stocks just because the share price goes up. and when the stocks all go up together, more and more of your portfolio is balanced on the backs of fewer and fewer companies. practically any other strategy will reduce concentration in the same stocks, and will take the sting out of market crashes. dividend ETFs and funds have held up a lot better than the market this year. ditto for most value ETFs/funds, or Rob Arnott's 'fundamental indexes' at Schwab like $FNDX. or look up $RWL that holds US large cap stocks by revenues. the S&P 400 and S&P 600 also fared a lot better than the S&P 500. in all cases, these ETFs are less likely to be dominated by the same handful of companies and so they suffer less in crashes that afflict the 'top dog' stocks of the moment.
>So is this woman totally crazy there's a short video from about a year ago, of a debate between Cathy Wood and Rob Arnott on EVs. it's cringe-inducing for Wood, just straight-up embarrassing. Arnott's not insulting or anything, but his analysis is clearly light years ahead of Wood. the video is here https://www.youtube.com/watch?v=ygmBBZYSdfQ&t=595s debate starts at about 0:45, Wood goes first, and Arnott starts at about 5:30 until 9:30 Wood explains why she's bullish on Tesla and her short comments are all tech-related: Tesla can send wireless software updates to your car!!!! Zero discussion of why Tesla was a good investment (valuations, revenues, market share, etc) other than the tech is supposedly untouchable. Arnott goes into 4-D chess mode. the entire EV sector is valued as if all the companies are winners, even though they're competing against each other and they won't all win in the end. He talks about how disruptors get disrupted (Palm Pilot ---> BlackBerry --->iPhone), and Tesla is no exception (notice how Rivian and Ford got electric trucks to market before Tesla). What premium are you willing to pay for disruption? People who overpaid for Cisco 20+ years ago still haven't broken even despite double-digit average annual growth. this year, Cathie's flagship ARKK etf is down 68% YTD. PAAIX, a fund Arnott co-manages, is down only 13% which is substantially less than the overall market decline of 21%. His company Research Affiliates leases their ideas to Schwab, Invesco, etc and has tens of billions under management. Look at the performance of Arnott's 'fundamental index' ETFs for Schwab, the US large-cap FNDX is down only 9.5% YTD.
The bearish Harley Quinns I'm finding today--instead of small, speculative biotechs--are boomer tickers, instead. FNDA, FNDC, FNDF, FNDX (all Schwab Fundamental ETFs). As well as PDN, PRF, PRFZ, PWZ, PXF, PXH (all of them Invesco Portfolio ETFs). Granted, some are related to emerging markets. But for all of these boomers to show up as a Harley Quinn? It tells me the people that invest in those boomers are walking--not yet running--out the door because they feel the music might stop.
your 'core' investments should be something that's diversified across sectors. sector ETFs are simply a lot more risky and volatile. especially anything very new/hot/trendy and hyper-focused. for example, IMO MOO is better than QTM. MOO has about 1/3d each in 'basic materials' and 'consumer defensive' sectors, and about 20% each in 'industrials' and 'healthcare'. look under 'sector weightings' https://finance.yahoo.com/quote/MOO/holdings?p=MOO QTM is over 70% in the tech sector. https://finance.yahoo.com/quote/QTUM/holdings?p=QTUM now, compare with something covering the broad market ... like FNDX, for one example: it's got coverage in all sectors, and no more than 17% in any one sector. https://finance.yahoo.com/quote/FNDX/holdings?p=FNDX
DFA etfs can do exactly that, or Schwab's FNDX
Other options I've gone for are FNDX for some exposure to growth stocks but only on fundamentals basis (not hype large cap). Or SCHD for more stable diversification. SCHD is an extension of my emergency fund.
FNDX, XLP, VNQ, AGNG, QYLD are the ETFs I put my wife's Roth IRA into
Perhaps FNDX? It is Schwab's Large Cap Fundamental Index etf
That sp500 index fund is mostly tech too. Try VTV or FNDX, which has big tech but good value tech.
I use Schwab and I'm in VTI. Spoke with an advisor just a couple days ago in a review and asked if there is any advantage to be in Schwab funds over equivalent Vanguard other than expense ratio. He said there's no difference. I read some speculation that someday brokers might start tacking on excess fees for funds from competing companies but for now they do not. Would be interested in anyone else's take. (I'm also in SCHD and FNDX)
>Everything dropped today My VTV, SCHD and FNDX ETFs strongly disagree with that statement and that really points to your level of diversification
I'm curious if there are any good index funds that refuse to include Tesla. I believe it's way overhyped and I'd prefer not to invest in a fund where it's the 4th most significant company in the list. I have stumbled on FNDX - but it's got 2.5% fees and I'd prefer to find something with lower. Do any of you have good suggestions?
VTI, SCHD, FNDX in that order. For my fund-only accounts, mostly SP500 and small/midcap fund split. Small percent international.
Own some stocks of stable profitable companies with the ability to raise prices to cover rising costs. They will weather inflation. I have few individual stocks but SCHD FNDX and VTV as a hedge against growth stocks going out of style.
All the money I could possibly need for the next 3-4 years is in VTV, SCHD and FNDX, in addition to 3 month emergency fund cash. Now I don't worry about what I will do if the economy tanks and I lose my job. I have more time to figure it out.
Am doing a lot of research. Currently ETF with factors look promising. Not sure how much they can really capture factor. Many products are new USA large cap: Schwab FNDX, iShares MTUM USA small cap : Avantis AVUV, iShare IJS Internationally : I found only Avantis AVDV Any advice, comment on those ETF? Dilemma stays. How to build up portfolio without betting against USA, yet be above water when usa stocks market underperform orm in next decades. I look into direction to bet on small cap (both USA and international) and being exposed a bit to big cap as well. 40% AVDV, 15 % IJS 15 15 % AVUV, 30 % big cap (really not sure which one)
That's a good point, thanks. Yeah, it's all ETFs and closed end funds. Examples of green ones this morning are FNDX, FNDA, SCHF, SCHE. My red ones are def bond-related - SCHR, VCIT. Thanks for the insight, I really need to learn more about this stuff.