- With its expense ratio of 0.25%, which is quite thin for a smart-beta fund, FNDX has a portfolio with total net assets of $7.2 billion.
- The fund tracks the Russell RAFI US Large Company Index, a benchmark with a rather complex and thus beautiful methodology mindful of cash flows and leverage.
- Most of FNDX's assets are allocated to the financial sector (18.4%), the one that has been enjoying robust gains this year as the capital rotation has been in full throttle.
- This year, FNDX has been on a tear despite weak performance in the 2010s.
For further details see:
FNDX: Underfollowed Smart-Beta Fund To Consider