SCHX — Schwab U.S. Large-Cap ETF

SCHX Price Performance — Growth of $10,000

Value of a $10,000 investment in SCHX 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.

SCHX Drawdown

The "underwater" chart: SCHX'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 U.S. Large-Cap ETF (SCHX) is a large-cap blend fund issued by Schwab ETFs with $73.9 billion in assets under management. It holds a B+ grade and ranks 11th out of 19 peers in its category, placing it in the middle of the pack for US Large Cap Blend funds. The fund’s overall standing is #53 of 458 tracked ETFs across all categories. Its expense ratio of 0.03% is half the category median of 0.06%, offering a cost advantage. The dividend yield of 1.04% is slightly above the category median of 1.03%. Top holdings comprise 37.3% of assets, with NVIDIA Corp representing the largest single position at 7.5%.

Price history is available for only 3.0 years, limiting the long-term view. The fund is currently priced at $29.88, which sits at 84.8% of its 52-week range. Short-term returns show recent declines, with the 1-day return at -0.50% and the 1-week return at -0.40%. However, longer horizons show acceleration, with the 1-year return at +14.45% and the 3-year return at +89.56%. Despite the positive 1-year performance, the fund trails the category median of +14.74%. The rating was downgraded from B to B+ on 2026-10-06.

The fund exhibits a beta of 1.02, indicating it moves slightly more than the market. Annualized volatility is 12.80%, which is labeled as Low. The Sharpe ratio of 0.74 suggests moderate risk-adjusted returns. Maximum drawdown has reached -19.04%, reflecting significant historical downside risk. Liquidity is robust, with an average daily volume of 9,327,056 shares. These metrics together describe a fund that has experienced substantial volatility but maintains high trading activity.

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

SCHX Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 37.3% 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 SCHX's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SCHX

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SCHX's top 10 — VTI overlaps most, holding 9 of the same companies as SCHX's top 10 (37.3% of SCHX'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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SCHX Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 9.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $73.9B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SCHX 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.

SCHX Performance History

How SCHX Compares to Other US Large Cap Blend ETFs