Schwab Fundamental U.S. Large Company ETF
U.S. stock index ETF · tracks RAFI Fundamental High Liquidity US Large Index
As of its 2026 Q2 report, Schwab Fundamental U.S. Large Company ETF held 735 positions with $25.47B in net assets. Its ten largest holdings made up 22.4% of the fund. The FNDX share class costs 0.25% a year. Over the 12 months to May 2026, FNDX returned 33.0%, with dividends reinvested. In 2026 Q2 it added 37 new positions and exited 11.
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.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AAPLApple Inc | 4.63% | $1.18B | 3.8M | $312.06 |
INTCIntel Corp | 2.57% | $654.27M | 5.7M | $114.68 |
GOOGLAlphabet Inc | 2.38% | $605.55M | 1.6M | $380.34 |
MSFTMicrosoft Corp | 2.32% | $591.73M | 1.3M | $450.24 |
2.29% | $581.97M | 4.0M | $145.26 | |
GOOGAlphabet Inc | 1.89% | $481.74M | 1.3M | $376.43 |
AMZNAmazon.com Inc | 1.85% | $472.47M | 1.7M | $270.64 |
1.59% | $405.96M | 418.1K | $971.00 | |
CVXChevron Corp | 1.48% | $377.38M | 2.1M | $182.46 |
1.41% | $358.50M | 755.6K | $474.48 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 735 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.78% |
| Cash & short-term | 0.14% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 20.8%
- Financials
- 13.5%
- Health Care
- 11.7%
- Communication Services
- 9.9%
- 10 other sectors
- 44.1%
- Information Technology
- 20.8%
- Financials
- 13.5%
- Health Care
- 11.7%
- Communication Services
- 9.9%
- Energy
- 9.3%
- Industrials
- 9.0%
- Consumer Discretionary
- 8.7%
- Consumer Staples
- 6.8%
- Materials
- 3.6%
- Utilities
- 3.0%
- International
- 2.0%
- Real Estate
- 1.6%
- Cash
- 0.1%
- Other
- 0.0%
How it has done
FNDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.84%. Past returns are a record, not a forecast.
Fees & fund details
Schwab Fundamental U.S. Large Company ETF is a U.S. equity index ETF that tracks the RAFI Fundamental High Liquidity US Large Index. 5% of FNDX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.25%· FNDX 0.25%
- Portfolio turnover
- 12.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
37 new· the largest 8
11 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FNDX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”