Schwab Fundamental U.S. Small Company Index Fund
U.S. stock index fund · tracks RAFI Fundamental High Liquidity US Small Index
As of its 2026 Q2 report, Schwab Fundamental U.S. Small Company Index Fund held 938 positions with $2.35B in net assets. Its ten largest holdings made up 5.3% of the fund. The SFSNX share class costs 0.25% a year. Over the 12 months to May 2026, SFSNX returned 32.3%, with dividends reinvested. In 2026 Q3 it added 3 new positions and exited 22.
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 small U.S. companies based on their fundamental size and weight.
The fund tracks the RAFI Fundamental High Liquidity US Small Index, which selects and weights small U.S. companies by fundamental measures of size—adjusted sales, retained operating cash flow, and dividends plus buybacks—rather than market capitalization, comprising the smallest 12.5% of U.S. companies by fundamental score. The fund generally holds all index constituents at index weights, though it may adjust weightings to manage transaction costs, taxes, or liquidity, and may hold up to 10% of assets in securities not yet in the index or in derivatives to track performance. Because the fund's weightings may diverge from the index's to address operational considerations, its returns may differ from the index before fees.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
0.97% | $22.95M | 25.4K | $902.32 | |
GVMXXState Street Institutional US Government Money Market Fund | 0.79% | $18.50M | — | — |
0.49% | $11.65M | 167.0K | $69.75 | |
COHRCoherent Corp | 0.48% | $11.30M | 35.3K | $319.71 |
VSATViasat Inc | 0.47% | $10.97M | 166.4K | $65.91 |
MKSIMKS Inc | 0.45% | $10.69M | 37.7K | $283.75 |
0.41% | $9.78M | 5.3K | $1,840.25 | |
ECHOEchoStar Corp | 0.41% | $9.57M | 77.8K | $123.14 |
0.40% | $9.36M | 59.1K | $158.22 | |
COMPCompass Inc | 0.38% | $8.94M | 1.2M | $7.57 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 938 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 | 99.64% |
| Cash & short-term | 0.79% |
| Derivatives | 0.02% |
Derivatives are shown at market value, not notional exposure.
By sector
- Industrials
- 19.4%
- Financials
- 16.9%
- Consumer Discretionary
- 12.7%
- Information Technology
- 12.4%
- 11 other sectors
- 38.7%
- Industrials
- 19.4%
- Financials
- 16.9%
- Consumer Discretionary
- 12.7%
- Information Technology
- 12.4%
- Real Estate
- 9.3%
- Health Care
- 7.7%
- Materials
- 4.6%
- Energy
- 4.5%
- Communication Services
- 3.7%
- Consumer Staples
- 3.2%
- Utilities
- 2.7%
- International
- 2.5%
- Other
- 0.3%
- Cash
- 0.3%
- Government
- 0.1%
How it has done
SFSNX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.92%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Schwab Fundamental U.S. Small Company Index Fund is a U.S. equity index fund that tracks the RAFI Fundamental High Liquidity US Small Index. 15% of SFSNX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 93% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.25%· SFSNX 0.25%
- Portfolio turnover
- 30.00% a year · as of 2026 Q1
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.
3 new
22 exited· the largest 8
Understand how this fund fits with the rest.
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