Schwab Ariel ESG ETF
Summary
Objective
The fund seeks long-term capital appreciation.
Highlights
- An actively managed, semi-transparent (also referred to as a non-transparent) ETF
- Sub-advised by Ariel Investments, LLC (Ariel)
- Provides access to a disciplined bottom-up, fundamental approach that seeks to identify attractively valued, high-quality, small- and mid-cap companies with strong management, healthy balance sheets, and a favorable environmental, social, and governance (ESG) backdrop
- Ariel’s ESG investment process focuses on companies that score well within its ESG risk ratings. The investment approach leverages a nuanced, proprietary assessment of industry exposure, disclosure and management of material ESG issues
This fund is different from traditional ETFs.
Traditional ETFs tell the public what assets they hold each day. This fund will not. This may create additional risks for your investment. For example:
- You may have to pay more money to trade the fund’s shares. This fund will provide less information to traders, who tend to charge more for trades when they have less information.
- The price you pay to buy fund shares on an exchange may not match the value of the fund’s portfolio. The same is true when you sell shares. These price differences may be greater for this fund compared to other ETFs because it provides less information to traders.
- These additional risks may be even greater in bad or uncertain market conditions.
- The ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.
The differences between this fund and other ETFs may also have advantages. By keeping certain information about the fund secret, this fund may face less risk that other traders can predict or copy its investment strategy. This may improve the fund’s performance. If other traders are able to copy or predict the fund’s investment strategy, however, this may hurt the fund’s performance.
For additional information regarding the unique attributes and risks of the fund, see Proxy Portfolio Risk, Premium/Discount Risk, Trading Halt Risk, Authorized Participant Concentration Risk, Tracking Error Risk and Shares of the Fund May Trade at Prices Other Than NAV in the Principal Risks and Proxy Portfolio and Proxy Overlap sections of the prospectus and/or the Statement of Additional Information.
Fund Details
Quote Details
- Today's Opening Value--
- Today's Volume (shares)3,261
- Previous Close Value--
- Median Bid/Ask Spread0.28%11/20/2024 - 12/20/2024
- Bid/Ask Midpoint$26.80As of 12/20/2024
- Premium/Discount0.32%As of 12/20/2024
Fund Profile
| Fund Inception | 11/16/2021 | |
|---|---|---|
| Total Net Assets As of 12/20/2024
|
12/20/2024 | $26,049,785.73 |
| Expense Ratio | 0.590% | |
| Index Name | Russell 2500™ Index | |
| Shares Outstanding As of 12/20/2024
|
12/20/2024 | 960,000 |
| NAV As of 12/20/2024
|
12/20/2024 | $27.14 |
| Total Holdings As of 09/30/2024
|
09/30/2024 | 60 |
| Portfolio Turnover Rate As of 11/30/2024
|
11/30/2024 | 15.34% |
| Morningstar Category | Mid-Cap Blend | |
| Management Style | Active | |
| CUSIP | 808524664 | |
| Indicative Value (IV) | SAEF.IV | |
| Exchange | NYSE Arca, Inc. |
Yields
| SEC Yield (30 Day) As of 12/19/2024
|
12/19/2024 | 0.32% |
|---|---|---|
| Distribution Yield (TTM) As of 11/30/2024
|
11/30/2024 | 0.40% |
Fund Characteristics
| Weighted Average Market Capitalization As of 11/30/2024
|
11/30/2024 | $25.57B |
|---|---|---|
| Price to Earnings Ratio As of 11/30/2024
|
11/30/2024 | 24.19 |
| Price to Cash Flow As of 11/30/2024
|
11/30/2024 | 11.52 |
| Return on Equity As of 11/30/2024
|
11/30/2024 | 12.73% |
| Price to Book Ratio As of 11/30/2024
|
11/30/2024 | 2.53 |
| Alpha (3 Yr) | -- | |
| Beta vs. Benchmark (3 Yr) As of 11/30/2024
|
11/30/2024 | 1.06 |
| R Squared (3 Yr) | -- | |
| Sharpe Ratio (3 Yr) | -- | |
| Standard Deviation (3 Yr) As of 11/30/2024
|
11/30/2024 | 23.59% |
Performance
Total Return
Monthly
-
SAEF Market Price
Cumulative Returns (%)
- 1 Month
- +8.63
- 3 Month
- +11.30
- YTD
- +25.16
Annualized Returns (%)
- 1 Year
- +39.54
- 3 Year
- +8.34
- 5 Year
- --
- 10 Year
- --
- Inception
- +5.66
-
SAEF NAV
Cumulative Returns (%)
- 1 Month
- +8.87
- 3 Month
- +11.30
- YTD
- +25.09
Annualized Returns (%)
- 1 Year
- +39.59
- 3 Year
- +8.40
- 5 Year
- --
- 10 Year
- --
- Inception
- +5.67
-
Mid-Cap Blend (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +8.33
- 3 Month
- +9.18
- YTD
- +22.89
Annualized Returns (%)
- 1 Year
- +32.54
- 3 Year
- +8.30
- 5 Year
- +11.93
- 10 Year
- +9.78
-
Russell 2500™ Index (Index)
Cumulative Returns (%)
- 1 Month
- +5.44
- 3 Month
- +13.69
- YTD
- +2.68
Annualized Returns (%)
- 1 Year
- +12.25
- 3 Year
- +2.15
- 5 Year
- +8.84
- 10 Year
- +8.36
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SAEF Market Price | +8.63 | +11.30 | +25.16 | +39.54 | +8.34 | -- | -- | +5.66 | |
| SAEF NAV | +8.87 | +11.30 | +25.09 | +39.59 | +8.40 | -- | -- | +5.67 | |
| Mid-Cap Blend (Morningstar Category) | +8.33 | +9.18 | +22.89 | +32.54 | +8.30 | +11.93 | +9.78 | ||
| Russell 2500™ Index (Index) | +5.44 | +13.69 | +2.68 | +12.25 | +2.15 | +8.84 | +8.36 | ||
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
-
SAEF Market Price
Average Annual Returns (%)
- 1 Year
- +30.93
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +2.66
-
SAEF NAV
Average Annual Returns (%)
- 1 Year
- +30.95
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +2.65
-
Mid-Cap Blend (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
Russell 2500™ Index (Index)
Average Annual Returns (%)
- 1 Year
- +17.42
- 3 Year
- +4.24
- 5 Year
- +11.67
- 10 Year
- +8.36
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SAEF Market Price | +30.93 | -- | -- | -- | +2.66 | |
| SAEF NAV | +30.95 | -- | -- | -- | +2.65 | |
| Mid-Cap Blend (Morningstar Category) | -- | -- | -- | -- | ||
| Russell 2500™ Index (Index) | +17.42 | +4.24 | +11.67 | +8.36 | ||
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
SAEF NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +30.71
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +2.49
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +18.33
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +1.98
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.20
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.22
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +30.71 | -- | -- | -- | +2.49 | |
| SEC Post-Liquidation | +18.33 | -- | -- | -- | +1.98 | |
| Tax Cost Ratio | +0.20 | -- | -- | -- | +0.22 | |
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).
Mid-Cap Blend NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +26.18
- 3 Year
- +5.20
- 5 Year
- +9.71
- 10 Year
- +7.72
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +16.32
- 3 Year
- +4.74
- 5 Year
- +8.45
- 10 Year
- +7.07
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.76
- 3 Year
- +1.35
- 5 Year
- +1.26
- 10 Year
- +1.52
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +26.18 | +5.20 | +9.71 | +7.72 | ||
| SEC Post-Liquidation | +16.32 | +4.74 | +8.45 | +7.07 | ||
| Tax Cost Ratio | +0.76 | +1.35 | +1.26 | +1.52 | ||
Post-Liquidation
SAEF NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +30.71
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +2.49
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +18.33
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +1.98
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.20
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.22
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +30.71 | -- | -- | -- | +2.49 | |
| SEC Post-Liquidation | +18.33 | -- | -- | -- | +1.98 | |
| Tax Cost Ratio | +0.20 | -- | -- | -- | +0.22 | |
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).
Mid-Cap Blend NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +26.18
- 3 Year
- +5.20
- 5 Year
- +9.71
- 10 Year
- +7.72
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +16.32
- 3 Year
- +4.74
- 5 Year
- +8.45
- 10 Year
- +7.07
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.76
- 3 Year
- +1.35
- 5 Year
- +1.26
- 10 Year
- +1.52
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +26.18 | +5.20 | +9.71 | +7.72 | ||
| SEC Post-Liquidation | +16.32 | +4.74 | +8.45 | +7.07 | ||
| Tax Cost Ratio | +0.76 | +1.35 | +1.26 | +1.52 | ||
Cumulative Growth of a $10,000 Investment
| SAEF (Fund) | $12,737 | |
|---|---|---|
| Mid-Cap Blend (Morningstar Category) | $12,818 | |
| Russell 2500™ Index (Index) | $11,991 | |
| Worst Three Months Return (7/31/2023 - 10/31/2023) | -18.54 | |
| Best Three Months Return (10/31/2023 - 1/31/2024) | +20.26 |
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends and capital gains, and does not reflect sales loads, redemption fees, if applicable, or the effects of taxes on any capital gains and/or distributions. If the inception date of the Index is less than the time period shown above, the Since Inception period is shown. Best and Worst Return cover the timeframe of the chart.
Price Performance
Proxy Portfolio Characteristics
| Proxy Tracking Error As of 12/19/2024 Historical Tracking Error
|
12/19/2024 | 0.22% |
|---|
| Proxy Overlap As of 12/19/2024 Proxy Portfolio Holdings
|
12/19/2024 | 76.94% |
|---|
Premium/Discount
-
Days traded at Premium
- 2023
- --
- 2024 Q1
- --
- 2024 Q2
- --
- 2024 Q3
- --
-
Days traded at Discount
- 2023
- --
- 2024 Q1
- --
- 2024 Q2
- --
- 2024 Q3
- --
| 2023 | 2024 Q1 | 2024 Q2 | 2024 Q3 | ||
|---|---|---|---|---|---|
| Days traded at Premium | -- | -- | -- | -- | |
| Days traded at Discount | -- | -- | -- | -- |
Portfolio
Top Holdings
-
OSW
- Name
- ONESPAWORLD HOLDINGS LTD
- Percent of Assets (%)
- 4.39%
- Market Value
- $1.1M
-
BCO
- Name
- BRINKS
- Percent of Assets (%)
- 4.21%
- Market Value
- $1.0M
-
NCLH
- Name
- NORWEGIAN CRUISE LINE HOLDINGS LTD
- Percent of Assets (%)
- 3.64%
- Market Value
- $873.0K
-
FI
- Name
- FISERV INC
- Percent of Assets (%)
- 3.40%
- Market Value
- $815.8K
-
LIND
- Name
- LINDBLAD EXPEDITIONS HOLDINGS INC
- Percent of Assets (%)
- 3.32%
- Market Value
- $796.6K
-
KKR
- Name
- KKR AND CO INC
- Percent of Assets (%)
- 2.42%
- Market Value
- $582.3K
-
GNRC
- Name
- GENERAC HOLDINGS INC
- Percent of Assets (%)
- 2.41%
- Market Value
- $578.6K
-
FAF
- Name
- FIRST AMERICAN FINANCIAL CORP
- Percent of Assets (%)
- 2.41%
- Market Value
- $577.9K
-
ZBRA
- Name
- ZEBRA TECHNOLOGIES CORP CLASS A
- Percent of Assets (%)
- 2.30%
- Market Value
- $552.1K
-
NVT
- Name
- NVENT ELECTRIC PLC
- Percent of Assets (%)
- 2.29%
- Market Value
- $550.0K
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| OSW | ONESPAWORLD HOLDINGS LTD | 4.39%
|
$1.1M | ||
| BCO | BRINKS | 4.21%
|
$1.0M | ||
| NCLH | NORWEGIAN CRUISE LINE HOLDINGS LTD | 3.64%
|
$873.0K | ||
| FI | FISERV INC | 3.40%
|
$815.8K | ||
| LIND | LINDBLAD EXPEDITIONS HOLDINGS INC | 3.32%
|
$796.6K | ||
| KKR | KKR AND CO INC | 2.42%
|
$582.3K | ||
| GNRC | GENERAC HOLDINGS INC | 2.41%
|
$578.6K | ||
| FAF | FIRST AMERICAN FINANCIAL CORP | 2.41%
|
$577.9K | ||
| ZBRA | ZEBRA TECHNOLOGIES CORP CLASS A | 2.30%
|
$552.1K | ||
| NVT | NVENT ELECTRIC PLC | 2.29%
|
$550.0K |
Sectors
| Sector | Percent of Portfolio (%) | |
|---|---|---|
| Industrials | 23.35%
|
|
| Consumer Discretionary | 21.99%
|
|
| Financials | 19.72%
|
|
| Information Technology | 11.50%
|
|
| Health Care | 9.01%
|
|
| Communication Services | 7.02%
|
|
| Real Estate | 4.11%
|
|
| Consumer Staples | 1.87%
|
|
| Materials | 1.42%
|
Allocations are subject to change.
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Stocks | 98.88%
|
|
| Cash Investments | 1.12%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Market Cap
| Market Cap | Percent of Portfolio (%) | |
|---|---|---|
| $3,000-$15,000 M | 51.32%
|
|
| $15,000-$70,000 M | 17.75%
|
|
| $1,000-$3,000 M | 15.36%
|
|
| > $70,000 M | 10.50%
|
|
| <$1,000 M | 5.07%
|
Distributions
Distributions
-
Ex-Date: 12/11/2024
- Record Date
- 12/11/2024
- Payable Date
- 12/16/2024
- Income
- 0.0327
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.032700000
-
Ex-Date: 09/25/2024
- Record Date
- 09/25/2024
- Payable Date
- 09/30/2024
- Income
- 0.0240
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.024000000
-
Ex-Date: 06/26/2024
- Record Date
- 06/26/2024
- Payable Date
- 07/01/2024
- Income
- 0.0367
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.036700000
-
Ex-Date: 03/20/2024
- Record Date
- 03/21/2024
- Payable Date
- 03/25/2024
- Income
- 0.0306
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.030600000
-
Ex-Date: 12/06/2023
- Record Date
- 12/07/2023
- Payable Date
- 12/11/2023
- Income
- 0.0250
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.025000000
-
Ex-Date: 09/20/2023
- Record Date
- 09/21/2023
- Payable Date
- 09/25/2023
- Income
- 0.0309
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.030900000
-
Ex-Date: 06/21/2023
- Record Date
- 06/22/2023
- Payable Date
- 06/26/2023
- Income
- 0.0303
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.030300000
-
Ex-Date: 03/22/2023
- Record Date
- 03/23/2023
- Payable Date
- 03/27/2023
- Income
- 0.0218
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.021800000
-
Ex-Date: 12/07/2022
- Record Date
- 12/08/2022
- Payable Date
- 12/12/2022
- Income
- 0.0496
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.049600000
-
Ex-Date: 09/21/2022
- Record Date
- 09/22/2022
- Payable Date
- 09/26/2022
- Income
- 0.0262
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.026200000
-
Ex-Date: 06/22/2022
- Record Date
- 06/23/2022
- Payable Date
- 06/27/2022
- Income
- 0.0216
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.021600000
-
Ex-Date: 03/23/2022
- Record Date
- 03/24/2022
- Payable Date
- 03/28/2022
- Income
- 0.0244
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.024400000
-
Ex-Date: 12/30/2021
- Record Date
- 12/31/2021
- Payable Date
- 01/04/2022
- Income
- 0.0223
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.022300000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 12/11/2024 | 12/11/2024 | 12/16/2024 | 0.0327 | 0.0000 | 0.0000 | -- | 0.032700000 | ||
| 09/25/2024 | 09/25/2024 | 09/30/2024 | 0.0240 | 0.0000 | 0.0000 | -- | 0.024000000 | ||
| 06/26/2024 | 06/26/2024 | 07/01/2024 | 0.0367 | 0.0000 | 0.0000 | -- | 0.036700000 | ||
| 03/20/2024 | 03/21/2024 | 03/25/2024 | 0.0306 | 0.0000 | 0.0000 | -- | 0.030600000 | ||
| 12/06/2023 | 12/07/2023 | 12/11/2023 | 0.0250 | 0.0000 | 0.0000 | -- | 0.025000000 | ||
| 09/20/2023 | 09/21/2023 | 09/25/2023 | 0.0309 | 0.0000 | 0.0000 | -- | 0.030900000 | ||
| 06/21/2023 | 06/22/2023 | 06/26/2023 | 0.0303 | 0.0000 | 0.0000 | -- | 0.030300000 | ||
| 03/22/2023 | 03/23/2023 | 03/27/2023 | 0.0218 | 0.0000 | 0.0000 | -- | 0.021800000 | ||
| 12/07/2022 | 12/08/2022 | 12/12/2022 | 0.0496 | 0.0000 | 0.0000 | -- | 0.049600000 | ||
| 09/21/2022 | 09/22/2022 | 09/26/2022 | 0.0262 | 0.0000 | 0.0000 | -- | 0.026200000 | ||
| 06/22/2022 | 06/23/2022 | 06/27/2022 | 0.0216 | 0.0000 | 0.0000 | -- | 0.021600000 | ||
| 03/23/2022 | 03/24/2022 | 03/28/2022 | 0.0244 | 0.0000 | 0.0000 | -- | 0.024400000 | ||
| 12/30/2021 | 12/31/2021 | 01/04/2022 | 0.0223 | 0.0000 | 0.0000 | -- | 0.022300000 |