Largest Charles Schwab investment funds worldwide in October 2022, by net assets
As of September 1, 2021 the largest investment fund owned by Charles Schwab was the Schwab Value Advantage Money Fund. At this time, the mutual fund held net assets under management (AUM) of approximately 72.25 billion U.S. dollars. Schwab's largest exchange traded fund (ETF) was the Schwab US Dividend Equity ETF, with around 39.7 billion U.S. dollars of AUM.
An ETF is a basket of shares (or other other financial assets) which generally tracks an underlying index. They are similar to mutual funds, with the fundamental difference that ETFs are listed on stock exchanges, with ETF shares being traded just like regular stock.
An ETF is a basket of shares (or other other financial assets) which generally tracks an underlying index. They are similar to mutual funds, with the fundamental difference that ETFs are listed on stock exchanges, with ETF shares being traded just like regular stock.
