Schwab offers two families of index funds: our Equity Index Funds ‐ which follow broad market indexes, and our Fundamental Index® Funds ‐ which follow innovative indexes that are weighted based on measures of company size ‐ adjusted sales, retained operating cash flow, and dividends + buybacks.

Schwab Intelligent Portfolios® and Schwab Intelligent Portfolios Premium® are made available through Charles Schwab & Co. Inc. ("Schwab"), a dually registered investment advisor and broker dealer. Portfolio management services are provided by Charles Schwab Investment Advisory, Inc. ("CSIA").

$0 Commissions on Online Stock, ETF, and Options Trades Schwab makes an industry-leading move that eliminates a barrier to making investing more accessible to everyone, reducing U.S. stock, ETF and options online trade commissions from $4.95 to $0.

Objective. The fund's goal is to track the total return of the S&P 500® Index.

Schwab Index Advantage® provides a combination of index funds with low operating expenses, built-in independent professional advice available through Schwab Retirement Planner®, and Schwab Bank Savings, an interest-bearing, FDIC-insured savings feature available through Charles Schwab Bank.

Schwab International Index Fund is a low-cost, diversified, passively managed index portfolio. It's an ideal pick for the international equity portion of your portfolio. And SWISX's 2.47% dividend yield tops the S&P 500's 1.41%, represented by SWPPX, which hugs that index.

Investment product is the umbrella term for all the stocks, bonds, options, derivatives and other financial instruments that people put money into in hopes of earning profits.

Charles Schwab: Best for No-commission trading on stocks; ETFs and many mutual funds; high-quality research and educational elements; trading platforms for beginning and advanced investors; and on and on.

Charles Schwab (SCHW) is a financial services company that operates through various subsidiaries to provide asset management, discount brokerage, banking, and advisory services. Its closest competitors in the discount brokerage sector include Fidelity and Interactive Brokers.

The Best Schwab Mutual Funds of October 2023

It sports one of the lowest fees in the category, further cementing its long-term edge over most of its peers. SCHG posted a total return of nearly 40 percentage points over the first seven months of 2023, outperforming its average peer by almost 12 percentage points.

The main difference between an ETF and an index fund is ETFs can be traded (bought and sold) during the day and index funds can only be traded at the set price point at the end of the trading day.