FNDX — Schwab Fundamental U.S. Large Company ETF

FNDX Price Performance — Growth of $10,000

Value of a $10,000 investment in FNDX over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

FNDX Drawdown

The "underwater" chart: FNDX's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Schwab Fundamental U.S. Large Company ETF is a US Large Cap Blend fund issued by Schwab ETFs with $27.6 billion in assets under management. It holds a B+ grade and ranks 1 of 19 within its category, placing it 10th among all 458 tracked ETFs. The fund’s 0.25% expense ratio is significantly higher than the category median of 0.06%, while its 1.42% dividend yield exceeds the median of 0.89%. Top holdings constitute 22.4% of assets, with Apple Inc representing the largest single position at 4.6%.

The ETF has delivered a 1-year return of +27.27%, outperforming the category median of +18.63% and showing strong momentum over the 3-year horizon with a +74.35% gain. Short-term performance shows recent weakness, with declines of -0.46% over one day and -0.40% over one month, contrasting with a +5.13% gain over three months. The current price of $32.31 sits at 92.5% of its 52-week range, indicating it is near the top of its recent trading band. The B+ rating has remained unchanged across the last 35 tracked days, and the fund has 3.0 years of price history available.

With a beta of 0.80, the fund has exhibited lower sensitivity to market movements compared to the broader market. Annualized volatility of 10.12% is labeled as Low, contributing to a strong Sharpe ratio of 2.20. The maximum drawdown recorded is -16.30%, reflecting the peak-to-trough decline during the observed period. Liquidity is supported by an average daily volume of 2,602,680 shares and a tight bid/ask spread of 0.12%.

AI-generated summary based on the data on this page.

FNDX Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 22.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how FNDX's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With FNDX

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FNDX's top 10 — QQQ overlaps most, holding 6 of the same companies as FNDX's top 10 (17.2% of FNDX's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.80% (as of 2026-09-08) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.72 (as of 2026-09-08) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FNDX Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.12% and average daily volume is 2.6M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $27.6B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: FNDX is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

FNDX Performance History

How FNDX Compares to Other US Large Cap Blend ETFs