Schwab Fundamental U.S. Large Company ETF
$32.36+0.07 (+0.20%)
- 0.25%
- $27.8B
- +27.8%
- 1.46%
- 2.9M sh
- $32.15
- low $25.75high $32.85
The ETF.net FNDX Grade
A
Score 79 out of 100
- 6 of 99
Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B65 out of 100Rank 33 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 22 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A89 out of 100Rank 3 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A89 out of 100Rank 7 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B63 out of 100Rank 35 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A87 out of 100Rank 7 of 99
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
- 733
- 23%
- AAPL
Sectors
- Technology19.9%
- Financials14.9%
- Health Care13.1%
- Energy10.4%
- Consumer Discretionary8.9%
- Communication8.8%
- Industrials8.1%
- Consumer Staples7.5%
- Materials3.7%
- Utilities3.0%
- Real Estate1.7%
Geography
- United States97.07%
- Ireland1.60%
- United Kingdom0.54%
- Switzerland0.31%
- Bermuda0.19%
- Netherlands0.17%
- Singapore0.10%
- Puerto Rico0.02%
FNDX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FNDX$12,777
Returns run to the Oct 12, 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 | +20.0% |
| 1 month | −0.2% |
| 3 months | +3.2% |
| 1 year | +27.8% |
| 3 years | +22.2% |
| 5 years | +14.1% |
| 10 years | +14.5% |
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 | +20.0% | |
| 2025 | +16.9% | |
| 2024 | +16.8% | |
| 2023 | +18.3% | |
| 2022 | −6.9% | |
| 2021 | +31.7% | |
| 2020 | +9.1% |
FNDX in the news
FNDX Dividends
- 1.46%
- $0.47
- $0.12 per share
- Quarterly
Distribution history
FNDX Risk
- 11.7%
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.
- 1.33
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.
- 0.89
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
0.25%
FNDX0.25%
- The middle half of US Multifactor funds
- Median 0.30%
32 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- AIUSGiShares Core S&P U.S. Growth ETFExpense ratio 0.04%1 year return +22.8%
- ALRGFiShares U.S. Equity Factor ETFExpense ratio 0.08%1 year return +19.5%
- AGVUSGoldman Sachs MarketBeta Russell 1000 Value Equity ETFExpense ratio 0.12%1 year return +29.6%
- AQUSState Street SPDR MSCI USA StrategicFactors ETFExpense ratio 0.15%1 year return +17.8%
- AGSLCGoldman Sachs ActiveBeta U.S. Large Cap Equity ETFExpense ratio 0.09%1 year return +17.9%