Schwab Fundamental U.S. Large Company ETF

SCHWAB STRATEGIC TRUST · Series S000040877 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:FNDX
$24.46B NAV
709 positions · as of 2026-02-28 · filed 2026-04-24
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q2

The funds goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of large U.S. companies based on their fundamental size and weight.

Strategy · summarised

The fund tracks the RAFI Fundamental High Liquidity US Large Index, which selects and weights large U.S. companies by fundamental measures of size—adjusted sales, retained operating cash flow, and dividends plus buybacks—rather than market capitalization. The fund holds at least 90% of its assets in index constituents and generally replicates index weights, though it may deviate to manage odd-lots, taxes, or liquidity. Because the fund may weight individual stocks differently from the index when the adviser deems it beneficial, performance may diverge from the index.

Expenses
0.25%one share class
Share classExpense ratio
FNDX0.25%

Portfolio turnover 12.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.93%
of net assets
Stocks99.76%
Cash & short-term0.17%
Derivatives-0.00%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 3 new25 exited

New: VSNT, Chicago Mercantile Exchange, FG

Largest exited: Kellanova, CMA, Frontier Communications Parent Inc, The ODP Corp, Hanesbrands Inc, Synovus Financial Corp, Civitas Resources Inc, DK

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Mar 2023 – Feb 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Apple IncAAPL4.03%$986.33M
Exxon Mobil CorpXOM2.66%$650.54M
Alphabet IncGOOGL2.19%$534.94M
Microsoft CorpMSFT2.01%$491.33M
Alphabet IncGOOG1.76%$430.36M
Chevron CorpCVX1.64%$400.68M
Berkshire Hathaway IncBRK/B1.52%$372.34M
JPMorgan Chase & CoJPM1.45%$355.34M
Amazon.com IncAMZN1.31%$321.24M
Intel CorpINTC1.29%$316.08M
Showing 10 of 709Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-02-28 — not a live quote, and not what the fund paid.

Top 10 positions are 19.87% of net assets, top 25 34.14%, across 708 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free