Schwab Small Cap Index fund offers a well-diversified and low-turnover portfolio that is representative of the U.S. small-cap market. However, indexing this illiquid and volatile space is inherently tricky, and the fund’s index does little to mitigate turnover and the accompanying costs among its smallest holdings. The fund earns a Morningstar Analyst Rating of Bronze.
Schwab Small Cap Index SWSSX
NAV / 1-Day Return
27.50
/
0.65
%
Total Assets
5.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.040%
Expense Ratio
0.040%
Fee Level
Low
Longest Manager Tenure
9.34
years
Category
Small Blend
Investment Style
Small BlendMin. Initial Investment
0
Status
Open
TTM Yield
1.39%
Turnover
19%
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will SWSSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SWSSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SWSSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SWSSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Diversified small-cap exposure.
