FNDA Fees and Costs — Schwab Fundamental U.S. Small Company ETF
Data updated: 2026-07-24
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.3M in broker commissions, 0.0152% of average net assets, and portfolio turnover was 26%.
FNDA Fees and Expenses
Annual operating expenses and sales charges of FNDA. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FNDA Costs Over Time
On $10,000 invested in FNDA, assuming 5% a year before costs, total costs come to $168 over 5 years, cutting the return by 0.28% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $92 | $168 |
| Value after costs | $10,472 | $11,484 | $12,594 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
FNDA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0152%
- Total broker commissions: $1.3M
- Bought from dealers (principal trades, not a cost): $2.6M
- Portfolio turnover (prospectus): 26%
- Securities on loan, average value: $43.8M
- Net income from securities lending: $1.2M (0.014% of average net assets)
FNDA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mizuho Securities USA LLC | $190K | 19.15% |
| Citadel Securities LLC | $156K | 15.79% |
| J.P. Morgan Securities LLC | $108K | 10.92% |
| Barclays Capital Inc. | $95K | 9.61% |
| Jefferies LLC | $90K | 9.05% |
| Macquarie Capital (USA) Inc. | $83K | 8.34% |
| Morgan Stanley & Co. LLC | $79K | 7.94% |
| Goldman Sachs & Co. LLC | $65K | 6.57% |
| Sanford C. Bernstein & Co., LLC | $62K | 6.31% |
| UBS Securities LLC | $62K | 6.31% |
FNDA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $842K | 32.38% |
| BofA Securities, Inc. | $731K | 28.11% |
| Goldman Sachs & Co. LLC | $684K | 26.29% |
| Morgan Stanley & Co. LLC | $165K | 6.34% |
| Barclays Capital Inc. | $152K | 5.85% |
| Citigroup Global Markets Inc. | $27K | 1.03% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.