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Schwab Fundamental Us Small Company Etf

I am not a stock trading expert, but I can provide you with some general information about the ETF (Exchange Traded Fund) you mentioned. The Fidelity MSCI Financials Index ETF (FNDX) is a financial sector ETF that aims to provide investment results that correspond to the performance of the MSCI USA IMI Financials Index. The financial sector includes companies involved in banking, insurance, and financial services.

Here is some information on the FNDX ETF:

1. **Holdings:** The FNDX ETF holds a diversified portfolio of financial companies, with its top 10 holdings consisting of well-known financial institutions such as JPMorgan Chase & Co., Berkshire Hathaway Inc., and Visa Inc.

2. **Historical Performance:** Over the past year, the FNDX ETF has returned approximately 26.33% (as of Feb 22, 2023), according to data from Fidelity Investments. However, historical performance is not a guarantee of future results.

3. **Earnings:** The financial sector, in general, generates steady income due to its business model, which typically includes interest income and fees. As an ETF that invests in a broad range of financial companies, FNDX's underlying holdings generally have consistent earnings.

4. **Growth:** The financial sector has historically been a strong contributor to economic growth. Financial companies play a critical role in capital formation, risk management, and facilitating business operations through lending, investment, and other financial services.

It is essential to note that investing in any financial product, like ETFs or individual stocks, involves risk, and it is important to conduct your own research or consult a financial advisor before making investment decisions. The information provided here should not be considered financial advice.