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ETF Select List®

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A Smart Way to Look for ETFs

Confused about which Exchange Traded Funds are right for your portfolio? With over a thousand ETFs available and more coming out every week, choosing an ETF can seem more time-consuming and difficult than ever. Developed by the experts at Charles Schwab Investment Advisory, Inc. (CSIA), the ETF Select List® is a tool to help you narrow your choices and make confident investing decisions.

Click on the fund symbol for quarterly standardized returns and detailed fund expenses. Performance quoted is past performance and is no guarantee of future results. Current performance may be lower or higher. Investment value will fluctuate, and shares, when redeemed, may be worth more or less than original cost.

ETF Select List® as of 08/31/2019

How Funds Are Selected
ETF Select
List Category
Symbol
Description/ Benchmark Index
Morningstar Category
Gross Expense Ratio (%)*
Schwab ETF OneSource**
Large CoreSCHXSchwab US Large-Cap ETF™
DJ US TSM Large Cap TR USD
Large Blend0.03%   No Trade Commission
 Index covers over 700 U.S. firms and tries to capture the performance of U.S. large-cap stocks
Large Dividend-focusedSPYDSPDR® Portfolio S&P 500 High Div ETF
Large Value
Large Value0.07%   No Trade Commission
 Selects 80 dividend-paying securities from the S&P 500 and weights them equally; real estate makes up over 20% of the portfolio
Large GrowthSCHGSchwab US Large-Cap Growth ETF™
DJ US TSM Large Cap Growth TR USD
Large Growth0.04%   No Trade Commission
 ETF has diversified exposure to large growth names such as Apple, Berkshire Hathaway and Amazon
Large ValueSCHVSchwab US Large-Cap Value ETF™
DJ US TSM Large Cap Value TR USD
Large Value0.04%   No Trade Commission
 ETF has diversified exposure to large value names such as ExxonMobil and JPMorgan Chase
Large Weighted EqualGSEWGoldman Sachs Equal Wght US Lg Cp Eq ETF
Solactive US LC Equal Weight TR USD
Large Blend0.09%   No
 Holds approximately 500 of the largest U.S. stocks by market cap, which are weighted equally and rebalanced monthly
Large Weighted FundamentalFNDXSchwab Fundamental US Large Company ETF
Russell RAFI US LC TR USD
Large Value0.25%   No Trade Commission
 Provides diversified exposure to large U.S. stocks; Holdings are weighted based on fundamental measures of company performance
Large Weighted Low-VolatilityLGLVSPDR® SSGA US Large Cap Low Volatil ETF
Large Blend
Large Blend0.12%   No Trade Commission
 Provides exposure to large U.S. stocks that exhibit low volatility
Mid CoreSCHMSchwab US Mid-Cap ETF™
DJ US TSM Mid Cap TR USD
Mid-Cap Blend0.04%   No Trade Commission
 Provides U.S. equity exposure to the mid-cap portion of the broader U.S. stock market
Mid GrowthVOTVanguard Mid-Cap Growth ETF
CRSP US Mid Cap Growth TR USD
Mid-Cap Growth0.07%   No
 Mid-cap growth style index. Industrials and technology make up close to 50% of the index
Mid ValueVOEVanguard Mid-Cap Value ETF
CRSP US Mid Cap Value TR USD
Mid-Cap Value0.07%   No
 Mid-cap value style index. Led by financials, the top-three sectors make up over 50% of the fund
Small CoreSCHASchwab US Small-Cap ETF™
DJ US TSM Small Cap TR USD
Small Blend0.04%   No Trade Commission
 Includes over 1,600 companies and tries to capture the performance of U.S. small-cap stocks
Small Dividend-focusedDESWisdomTree US SmallCap Dividend ETF
WisdomTree SmallCap Dividend TR USD
Small Value0.38%   No Trade Commission
 Contains U.S. small-cap stocks which are weighted based on projected dividends at the time of the annual rebalance
Small GrowthVBKVanguard Small-Cap Growth ETF
CRSP US Small Cap Growth TR USD
Small Growth0.07%   No
 The fund tries to match the performance of a diversified group of small growth companies
Small ValueVBRVanguard Small-Cap Value ETF
CRSP US Small Cap Value TR USD
Small Value0.07%   No
 The fund tries to match the performance of a diversified group of small value companies
Small Weighted EqualCSMLIQ Chaikin US Small Cap ETF
NASDAQ Chaikin Power US Small Cap TR USD
Small Blend0.36%   No Trade Commission
 Provides exposure to domestic small-cap equities selected through a multi-factor model and equally weighted
Small Weighted FundamentalFNDASchwab Fundamental US Small Company ETF
Russell RAFI US SC TR USD
Small Blend0.25%   No Trade Commission
 Stocks are selected based on company fundamentals: retained operating cash flow, adjusted sales and dividends plus buybacks
Small Weighted Low-VolatilitySMLVSPDR® SSGA US Small Cap Low Volatil ETF
SSGA US Small Cap Low Volatility GR USD
Small Blend0.12%   No Trade Commission
 Selects small-cap stocks based on low volatility of monthly returns over the last 5 years
Total Market Dividend-focusedSCHDSchwab US Dividend Equity ETF™
DJ US Dividend 100 TR USD
Large Value0.06%   No Trade Commission
 Holds U.S. companies that consistently pay dividends and have strong relative fundamental strength based on financial ratios
Total Stock MarketSCHBSchwab US Broad Market ETF™
DJ US Broad Stock Market TR USD
Large Blend0.03%   No Trade Commission
 Holds over 2,000 large to small-cap firms; covers virtually the entire U.S. stock market (by capitalization)
All World ex-StockVEUVanguard FTSE All-Wld ex-US ETF
FTSE AW Ex US (US RIC) NR USD
Foreign Large Blend0.09%   No
 Holds over 2500 large and mid-cap stocks from developed and emerging markets excluding the U.S.
Emerging Market StockSPEMSPDR® Portfolio Emerging Markets ETF
S&P Emerging BMI NR USD
Diversified Emerging Mkts0.11%   No Trade Commission
 Tracks a cap-weighted index of emerging market countries. Financials are over 30% of the holdings
Europe StockVGKVanguard FTSE Europe ETF
FTSE Dvlp Europe All Cap(US RIC)NR USD
Europe Stock0.09%   No
 Seeks to track the return of an index which measures the return of stocks issued by companies in the major markets of Europe
Global StockVTVanguard Total World Stock ETF
FTSE Global All Cap (US RIC) NR USD
World Large Stock0.09%   No
 Holds over 7500 stocks spanning the investable global stock markets, including emerging markets
Intl Developed CoreSPDWSPDR® Portfolio Developed Wld ex-US ETF
S&P Developed Ex US BMI NR USD
Foreign Large Blend0.04%   No Trade Commission
 The fund provides diversified exposure to companies located in developed international markets
Intl Developed GrowthEFGiShares MSCI EAFE Growth ETF
MSCI EAFE Growth NR USD
Foreign Large Growth0.40%   No
 Developed stock markets excl. U.S. and Canada. Targets securities with growth characteristics
Intl Developed SmallSCHCSchwab International Small-Cap Eq ETF™
FTSE Dvlp Small Cap Ex US Liquid NR USD
Foreign Small/Mid Blend0.12%   No Trade Commission
 The fund has diversified exposure to international small-cap companies located in developed international markets
Intl Developed ValueIVLUiShares Edge MSCI Intl Value Factor ETF
MSCI World ex USA Enhanced Value NR USD
Foreign Large Value0.30%   No
 Contains large and mid-cap ex-U.S. stocks with lower valuations as determined by fundamental accounting metrics
Intl Dividend-focusedHDEFXtrackers MSCI EAFE High Div Yld Eq ETF
MSCI EAFE High Div Yld NR USD
Foreign Large Value0.20%   No Trade Commission
 Provides exposure to international equities across developed market countries, selected by quality and dividend factors
Intl Weighted FundamentalFNDFSchwab Fundamental Intl Lg Co ETF
Russell RAFI Dv ex US LC NR USD
Foreign Large Value0.25%   No Trade Commission
 Provides exposure to large, international companies selected and weighted based on fundamental measures of company performance
Intl Weighted Low-VolatilityEFAViShares Edge MSCI Min Vol EAFE ETF
MSCI EAFE Minimum Vol (USD) NR USD
Foreign Large Blend0.32%   No Trade Commission
 Includes stocks from Europe, Australasia, the Middle and Far East; stocks with the lowest volatility have the highest weights
Pacific Asia StockVPLVanguard FTSE Pacific ETF
FTSE Dvlp Asia Pacific AC(US RIC)NR USD
Diversified Pacific/Asia0.09%   No
 Features stocks from developed Asian countries, approx. 60% from Japan; also includes Australia, South Korea and Hong Kong
ConvertiblesICVTiShares Convertible Bond ETF
BBgBarc US Cnvtbls Csh Py>$250mn TR USD
Convertibles0.20%   No
 Convertible bonds offer fixed-income distributions with the potential for price appreciation
Emerging Market BondLEMBiShares JP Morgan EM Local Ccy Bd ETF
JPM GBI-EM Gbl Div 15%Cap 4.5% Fl TR USD
Emerging-Markets Local-Currency Bond0.30%   No Trade Commission
 Seeks to provide exposure to emerging market sovereign debt issued in local currencies
High Yield BondHYLBXtrackers USD High Yield Corp Bd ETF
Solactive USD HY Corp Total Mkt TR USD
High Yield Bond0.20%   No Trade Commission
 Tracks the performance of high-yield-rated corporate bonds issued in U.S. dollars
Intermediate Broad Market BondSCHZSchwab US Aggregate Bond ETF™
BBgBarc US Agg Bond TR USD
Intermediate Core Bond0.04%   No Trade Commission
 Index consists of securities that are fixed rate, non-convertible with at least $300 million of outstanding face value
Intermediate Corporate BondIGIBiShares Intermediate-Term Corp Bd ETF
ICE BofAML 5-10Y US Corp TR USD
Corporate Bond0.06%   No Trade Commission
 Provides exposure to U.S. investment-grade corporate bonds that mature in 5-10 years
Intermediate Muni BondMUBiShares National Muni Bond ETF
S&P National AMT Free Muni TR USD
Muni National Interm0.07%   No Trade Commission
 May help avoid AMT bite. Index has a heavy focus on California and New York munis
Intermediate Treasury BondSCHRSchwab Intermediate-Term US Trs ETF™
BBgBarc US Treasury 3-10 Yr TR USD
Intermediate Government0.06%   No Trade Commission
 ETF features Treasuries which mature in 3-10 years
International BondIAGGiShares Core International Aggt Bd ETF
BBgBarc Gbl Agg xUSD 10% IC TR Hdg USD
World Bond-USD Hedged0.09%   No Trade Commission
 Provides exposure to non-U.S. dollar denominated investment-grade bonds while hedging against currency fluctuations
Long Term Broad Market BondILTBiShares Core 10+ Year USD Bond ETF
BBgBarc US Universal 10+ Years TR USD
Long-Term Bond0.06%   No Trade Commission
 Provides exposure to long-term U.S. dollar-denominated investment grade and high yield bonds
Long Term Corporate BondIGLBiShares Long-Term Corporate Bond ETF
ICE BofAML 10+Y US Corp TR USD
Long-Term Bond0.06%   No Trade Commission
 Provides exposure to long-term U.S. investment-grade corporate bonds with maturities over 10 years
Long Term Muni BondMLNVanEck Vectors AMT-Free Long Muni ETF
BBgBarc AMT-Free Long Cont Mun TR USD
Muni National Long0.24%   No
 Holds tax-exempt municipal bonds issued within the last 5 years with nominal maturities of at least 17 years
Long Term Treasury BondSPTLSPDR® Portfolio Long Term Treasury ETF
BBgBarc US Treasury Long TR USD
Long Government0.06%   No Trade Commission
 Holds U.S. Treasury securities that have at least 10 years of remaining maturity (excludes TIPS and other special issues)
Short Term Broad Market BondISTBiShares Core 1-5 Year USD Bond ETF
BBgBarc US Universal 1-5 Years TR USD
Short-Term Bond0.06%   No Trade Commission
 Includes short-term bonds denominated in U.S. dollars (most are investment grade, but may also contain high-yield)
Short Term Corporate BondIGSBiShares Short-Term Corporate Bond ETF
ICE BofAML 1-5Y US Corp TR USD
Short-Term Bond0.06%   No Trade Commission
 Provides exposure to U.S. investment-grade corporate bonds that mature in 1-5 years
Short Term Muni BondSUBiShares Short-Term National Muni Bd ETF
S&P S/T National AMT Free Muni TR USD
Muni National Short0.07%   No Trade Commission
 Holds investment grade U.S. municipal bonds where the interest is exempt from U.S. federal income taxes and the federal AMT
Short Term Treasury BondSCHOSchwab Short-Term US Treasury ETF™
BBgBarc US Treasury 1-3 Yr TR USD
Short Government0.06%   No Trade Commission
 ETF features a portfolio of short-term U.S. Treasuries which mature in 1-3 years
TIPSSCHPSchwab US TIPS ETF™
BBgBarc US Treasury US TIPS TR USD
Inflation-Protected Bond0.05%   No Trade Commission
 ETF highlights Treasury securities which are designed to adjust for and help protect against inflation
Clean EnergyICLNiShares Global Clean Energy ETF
S&P Global Clean Energy NR USD
Miscellaneous Sector0.46%   No Trade Commission
 The fund provides exposure to companies that produce energy from solar, wind, and other renewable sources
CommunicationsVOXVanguard Communication Services ETF
MSCI US IMI/Comm Svc 25-50 GR USD
Communications0.10%   No
 Contains stocks in the new, communication services sector, which will be more growth-oriented and lower yielding than telecom
Consumer DiscretionaryFDISFidelity® MSCI Consumer Discret ETF
MSCI USA IMI/Cons Disc GR USD
Consumer Cyclical0.084%  No
 Includes companies that provide items that are often purchased on a discretionary basis (e.g. apparel, consumer electronics)
Consumer StaplesFSTAFidelity® MSCI Consumer Staples ETF
MSCI USA IMI/Cons Staples GR USD
Consumer Defensive0.084%  No
 Holds stocks that tend to be less sensitive to economic cycles (food, beverages, tobacco, nondurable household goods, etc.)
EnergyFENYFidelity® MSCI Energy ETF
MSCI USA IMI/Energy GR USD
Equity Energy0.084%  No
 Holds a sample of stocks from the U.S. energy sector, including Exxon Mobil, Chevron and Schlumberger
FinancialFNCLFidelity® MSCI Financials ETF
MSCI USA IMI/Financials GR USD
Financial0.084%  No
 Holds a sample of stocks from the U.S. financial sector, including banking, investment banking and insurance companies
Health CareFHLCFidelity® MSCI Health Care ETF
MSCI USA IMI/Health Care GR USD
Health0.084%  No
 Uses representative sampling to track the performance of the U.S. healthcare sector
IndustrialsFIDUFidelity® MSCI Industrials ETF
MSCI USA IMI/Industrials GR USD
Industrials0.084%  No
 Holds a sample of U.S. industrial stocks, including Boeing, 3M, General Electric and Union Pacific
InfrastructureGIISPDR® S&P Global Infrastructure ETF
S&P Global Infrastructure NR USD
Infrastructure0.40%   No Trade Commission
 Holds transportation, utilities and energy companies from developed and emerging markets
MaterialsFMATFidelity® MSCI Materials ETF
MSCI USA IMI/Materials GR USD
Natural Resources0.084%  No
 Includes companies in a wide range of commodity-related manufacturing industries (e.g. chemicals, paper, metals and minerals)
TechnologyFTECFidelity® MSCI Information Tech ETF
MSCI USA IMI/Information Tech GR USD
Technology0.084%  No
 Uses representative sampling to track the performance of the U.S. technology sector
UtilitiesFUTYFidelity® MSCI Utilities ETF
MSCI USA IMI/Utilities GR USD
Utilities0.084%  No
 Utilities provide electricity, natural gas and water. While high-yielding, they also tend to have higher interest rate risk
Multi-Asset IncomeIYLDiShares Morningstar Multi-Asset Inc ETF
Morningstar Mult-At High Incm TR USD
Allocation--30% to 50% Equity0.60%   No
 Seeks to deliver high current income while providing an opportunity for capital appreciation (around 60% bonds)
Preferred StockPFFDGlobal X US Preferred ETF
Preferred Stock
Preferred Stock0.23%   No Trade Commission
 Provides exposure to a broad basket of U.S. preferred stocks. Financials represent over 70% of the fund
AgricultureDBAInvesco DB Agriculture
DBIQ Diversified Agriculture TR USD
Commodities Agriculture0.85%   No
 Uses futures contracts to access a cornucopia of coffee, sugar, livestock, grain, cocoa. Investors will get K-1s at tax time
Broad Precious MetalsGLTRAberdeen Standard Phys PrecMtlBskShr ETF
Commodities Precious Metals
Commodities Precious Metals0.60%   No Trade Commission
 ETF is structured as a grantor trust; holds gold, silver, platinum and palladium
Commodities BroadBCIAberdeen Standard Blmb AllCmdStrK1Fr ETF
Bloomberg Commodity TR USD
Commodities Broad Basket0.30%   No Trade Commission
 Actively managed fund benchmarked to the Bloomberg Commodities Index (contains 23 commodities, sectors capped at 33%)
GoldGLDMSPDR® Gold MiniShares
LBMA Gold Price PM USD
Commodities Precious Metals0.18%   No Trade Commission
 Structured as a grantor trust, this fund holds gold bars in a London vault
OilDBOInvesco DB Oil
DBIQ Optimum Yield Crude Oil TR USD
Commodities Energy0.75%   No
 Holds oil futures contracts. Investors will get K-1s at tax time
Real EstateSCHHSchwab US REIT ETF™
DJ US Select REIT TR USD
Real Estate0.07%   No Trade Commission
 Invests in REITs (real estate investment trusts) that own and commonly operate commercial and residential properties
SilverSIVRAberdeen Standard Phys Silver Shrs ETF
LBMA Silver Price USD
Commodities Precious Metals0.30%   No Trade Commission
 Structured as a grantor trust, this fund holds silver bars in a London vault
These comments are intended to provide additional information about the ETF, category and/or index highlighted, and are not intended as an explanation of how the ETF was selected. Comments are updated quarterly.

* "Gross Expense Ratio" reflects a fund's total annual operating expenses as stated in the fund's prospectus and do not reflect any expense reimbursements or waivers that may exist. Some ETFs appearing on this List may be subject to expense reimbursements and waivers, and less such reimbursements and waivers may have lower total annual operating expenses (i.e., "net expenses") than indicated herein. Please read the fund prospectus carefully to determine the existence of any expense reimbursements or waivers and details on their limits and termination dates.

**Conditions Apply: Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Schwab ETFs™ are the only funds available on Schwab ETF OneSource™ in certain categories. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource™ transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs™). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see the Charles Schwab Pricing Guide for additional information.

 
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Data source identification

Schwab's Financial and Other Relationships with certain ETFs

Investors should consider carefully information contained in the prospectus, or if available, in the summary prospectus including investment objectives, risks, charges and expenses. You can request a prospectus by calling 1-800-435-4000. Please read it carefully before investing.

Mentions of individual stocks in the ETF descriptions section are for illustrative purposes only and are not a recommendation to buy, hold or sell any specific security.

Many Fixed-income securities are subject to increased loss of principal during periods of rising interest rates. Fixed-income investments are subject to various other risks, including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. The lower-rated securities in which some bond funds invest are subject to greater credit risk, default risk and liquidity risk.

Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

ETFs participating in Schwab ETF OneSource™ ("ETF OneSource") can be traded without a commission on buy and sell transactions made online in a Schwab account. Third-party ETF sponsors or their affiliates participating in ETF OneSource pay Schwab an asset-based fee (which applies only to ETF shares acquired without a commission charge) and a fixed program fee each year for recordkeeping, shareholder services, and other administrative services that Schwab provides to participating ETFs. The asset-based fee varies among ETFs and can be as high as 0.04%. The fixed program fee also varies and may be as much as $15,000 per ETF. Schwab also promotes ETF OneSource to its customers, and a portion of the fees paid to Schwab offsets some or all of Schwab’s costs of promoting and administering the program. Schwab does not receive payment to promote any particular ETF to its customers. Schwab’s affiliate Charles Schwab Investment Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs™, which compensate CSIM out of the applicable operating expense ratios. The amount of the fees is disclosed in the prospectus of each ETF. Schwab ETFs participate in Schwab ETF OneSource but do not pay Schwab a separate fee to participate.

Third-party Schwab ETF OneSource™ shares purchased may not be immediately marginable at Schwab.

Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Shares, when redeemed, may be worth more or less than their original cost.

International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, political instability, foreign taxes and regulations, and the potential for illiquid markets. Investing in emerging markets may accentuate these risks.

Risks of REITs are similar to those associated with direct ownership of real estate, such as changes in real-estate values and property taxes, interest rates, cash flow of underlying real-estate assets, supply and demand, and the management skill and creditworthiness of the issuer.

Since a sector fund is typically not diversified and focuses its investments on companies involved in a specific sector, the fund may involve a greater degree of risk than an investment in other mutual funds with greater diversification.

Small-cap funds are subject to greater volatility than those in other asset categories.

High-yield funds invest in lower-rated securities. This subjects these funds to greater credit risk, default risk and liquidity risk.

Some specialized exchange-traded funds can be subject to additional market risks. Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF.

Commodity-related products, including futures, carry a high level of risk and are not suitable for all investors. Commodity-related products may be extremely volatile, illiquid and can be significantly affected by underlying commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions, regardless of the length of time shares are held. Investments in commodity-related products may subject the fund to significantly greater volatility than investments in traditional securities and involve substantial risks, including risk of loss of a significant portion of their principal value.

No mention of particular funds or fund families here should be construed as a recommendation or considered an offer to sell or a solicitation of an offer to buy any securities. This information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The securities listed may not be suitable for everyone. Each investor needs to review a securities transaction for his or her own particular situation. Schwab or its employees may sometimes hold positions in the securities listed here. Data contained here is obtained from what are considered reliable sources; however, its accuracy, completeness or reliability cannot be guaranteed.

Investment income on some tax-free/tax-exempt funds may be subject to certain state and local taxes and, depending on your status, the federal alternative minimum tax.

Charles Schwab Investment Management, Inc., ("CSIM") the investment advisor for the Schwab ETFs and an affiliate of Schwab, receives fees from the Schwab ETFs for investment advisory and fund administration services. The amount of fees CSIM receives from the Schwab ETFs is not considered in ETF Select List® selection, nor do the Schwab ETFs or any third-party ETF, or any of their affiliates, pay Schwab to be included in the ETF Select List®.

Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). The Dow Jones Total Stock Market, Dow Jones Real Estate and the Dow Jones Dividend Indices are products of S&P Dow Jones Indices LLC and/or its affiliates, and have been licensed for use by Charles Schwab Investment Management, Inc. (CSIM). FTSE® is a trade mark owned by the London Stock Exchange plc and is used by FTSE International Limited (FTSE) under license. The FTSE Global Equity Index Series is calculated by FTSE. Frank Russell Company (Russell) and Research Affiliates LLC (RA) have entered into a strategic alliance with respect to the Russell RAFI Index Series. Subject to RA's intellectual property rights in certain content, Russell is the owner of all copyrights related to the Russell RAFI Index Series. Russell and RA jointly own all trademark and service mark rights in and to the Russell RAFI Index Series. RA is the owner of certain intellectual property. The names identifying the Bloomberg Barclays' indices are trademarks and service marks of Bloomberg Finance L.P. and its affiliates (Bloomberg) and Barclays Bank PLC and its affiliates (Barclays) and have been licensed for use by CSIM in connection with the issuance, marketing and promotion of the Schwab ETFs. The Schwab ETFs are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices, FTSE, Russell, RA, Bloomberg, Barclays or their respective affiliates (together, the Index Sponsors) and the Index Sponsors do not make any representation regarding the advisability of trading in the Schwab ETFs. The Index Sponsors do not accept any obligations or liability in relation to the issuance, marketing, operation or trading of the Schwab ETFs. Neither Charles Schwab & Co., Inc, Charles Schwab Investment Advisory, Inc., or Charles Schwab Investment Management, Inc. (which are separate but affiliated companies and subsidiaries of the Charles Schwab Corporation) are affiliated with any Index Sponsor.

Indexes are the intellectual property of their providers. ETF sponsors generally enter into licensing agreements with index providers. For additional information about index licensing terms and conditions, please contact the ETF sponsor and/or index provider.

1Charles Schwab Investment Advisory, Inc., a registered investment advisor, is an affiliate of Charles Schwab & Co., Inc.

Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with The Charles Schwab Corporation or any of its affiliates.

© 2018 Charles Schwab & Co., Inc. (Member SIPC) All rights reserved.

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