Schwab Fundamental U.S. Large Company ETF
$31.96−0.23 (−0.73%)
- Expense ratio
- 0.25%
- Fund size
- $27.6B
- 1Y return
- +24.4%
- Yield · Last 12 months
- 1.43%
- Holdings
- 736
- Volume · 30D
- 2.8M sh
- NAV per share
- $32.27
- 52W range
The ETF.net FNDX Grade
Score 80 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 65Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 92Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 90Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 90Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 64Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
Our read on FNDX
AA large-cap fund that refuses to size positions by stock price. FNDX weights about 700 U.S. companies by fundamental measures of business size, tilting toward value and profitability instead of whatever the market just bid up.
The fund seeks to track, before fees and expenses, an index representing large U.S. companies weighted according to fundamental size measures.
Why people hold it
- Weights holdings by fundamental size rather than market cap, so a position grows with the business, not with the crowd. The RAFI screen leans on profitability and value.
- At 0.25% a year, it undercuts the typical fund in its multifactor peer group (median 0.32%).
- A multi-billion-dollar fund that trades actively, making it one of the easier names in its category to move in and out of. It has tracked its index tightly since launching in 2013.
- Fully rules-based and passive: the index does the picking and rebalancing, with no manager discretion in the mix. One of the stronger implementations in its peer group.
Worth knowing
- Plain-vanilla alternatives cost far less: VONV runs 0.06% and VYM 0.04%. The fundamental weighting engine is what you pay the extra for.
- The value and profitability tilt means the portfolio can look very different from a cap-weighted large-cap index, especially when the largest growth names dominate.
- Income arrives quarterly, not monthly, and the mandate targets fundamentals rather than yield.
FNDX Holdings
- Stocks
- 736
- 22%
- AAPL
Sectors
- Technology19.4%
- Financials14.9%
- Health Care13.5%
- Energy10.1%
- Industrials9.1%
- Consumer Discr.9.0%
- Communication8.8%
- Cons. Staples7.2%
- Materials3.3%
- Utilities2.9%
- Real Estate1.8%
Geography
- United States97.37%
- Ireland1.33%
- United Kingdom0.50%
- Switzerland0.29%
- Netherlands0.18%
- Bermuda0.16%
- Singapore0.16%
- Puerto Rico0.01%
FNDX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FNDX |
|---|---|
| Year to date | +19.3% |
| 1 month | −1.0% |
| 3 months | +3.9% |
| 1 year | +24.4% |
| 3 years | +21.6% |
| 5 years | +14.3% |
| 10 years | +14.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FNDX |
|---|---|---|
| 2026 YTD | +19.3% | |
| 2025 | +16.9% | |
| 2024 | +16.8% | |
| 2023 | +18.3% | |
| 2022 | −6.9% | |
| 2021 | +31.7% | |
| 2020 | +9.1% |
FNDX in the news
ETF.net Research hasn’t filed on FNDX yet — coverage lands here as it’s written.
FNDX Dividends
- 1.43%
- $0.46
- $0.12 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 29, 2026 | $0.12 |
| Mar 25, 2026 | Mar 30, 2026 | $0.11 |
| Dec 10, 2025 | Dec 15, 2025 | $0.12 |
| Sep 24, 2025 | Sep 29, 2025 | $0.11 |
| Jun 25, 2025 | Jun 30, 2025 | $0.11 |
| Mar 26, 2025 | Mar 31, 2025 | $0.11 |
| Dec 11, 2024 | Dec 16, 2024 | $0.12 |
| Sep 25, 2024 | Sep 30, 2024 | $0.10 |
| Jun 26, 2024 | Jul 1, 2024 | $0.11 |
| Mar 20, 2024 | Mar 25, 2024 | $0.09 |
| Dec 6, 2023 | Dec 11, 2023 | $0.11 |
| Sep 20, 2023 | Sep 25, 2023 | $0.09 |
FNDX Risk
- 11.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.27
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FNDX Cost
- The middle half of US Multifactor funds
- Median 0.30%
32 of the 98 US Multifactor funds charge less.