Schwab has not forgotten its roots, providing investors with cheap, core options to fill out an investment portfolio. For instance, in 2017, Charles Schwab came out with the Schwab 1000 Index ETF (SCHK), which has a dirt cheap 0.05% expense ratio.

The Schwab 1000 Index ETF tries to reflect the performance of the Schwab 1000 Index, which was launched back in 1991. The Schwab 1000 Index provides exposure to America’s largest 1,000 stocks, a collection of large- and mid-cap companies representing 90% of the entire U.S. equity market. The index also acts as the underlying benchmark for the Schwab 1000 Index Fund (SNXFX). The index has outperformed the S&P 500 on an annualized basis since its inception.

“It’s our first ETF that follows a proprietary index, but it’s an ETF or an index with about 25 year track record. We know exactly what it looks like and how it’s behaved over time,” de St Paer said.

For more ETF-related commentary from Tom Lydon and other industry experts, visit our video category.