What is the Schwab 1000 Index?

The Schwab 1000 Index is the property of Charles Schwab & Co., Inc. (Schwab). The Schwab 1000 Index is a float-adjusted market capitalization weighted index that includes the 1,000 largest stocks of publicly traded companies in the United States, with size being determined by market capitalization (total market value of all shares outstanding).

Who is Schwab asset management?

Schwab Asset Management has been an industry leader in index investments for more than 30 years. We offer low-cost ETFs, index mutual funds and separately-managed accounts, including those based on a Schwab proprietary index, the Schwab 1000 Index. Charles R. Schwab launched the Schwab 1000 Index in 1991. His goal?

What is Schwab asset management ETF?

The same year, Schwab Asset Management launched its namesake mutual fund. Then based on demand, a corresponding ETF was launched in 2017. A disciplined, rules based approach that ranks the largest U.S. stocks based on market capitalization. The index provides exposure to the 1,000 largest publicly traded U.S. companies.