FLAG vs SCHK: Grades, Fees and Holdings Compared

Global X S&P 500 U.S. Market Leaders Top 50 ETF

FLAGDNYSE Arca

Schwab 1000 Index ETF

SCHKANYSE Arca

Overlap

22.8%by weight

Expense ratio

SCHK −0.26pt a year

FLAG0.29%SCHK0.03%

Avg volume · 30D

SCHK 5863.8×the volume

FLAG224SCHK1.31M

FLAG vs SCHK Performance

Oct 31, 2025 – Oct 30, 2026

+6.8%FLAG+11.8%SCHK

Expense ratio: FLAG 0.29%; SCHK 0.03%, better
Fund size: FLAG $2M; SCHK $5.69B
1Y total return: FLAG +6.8%; SCHK +11.8%, better
Yield (12M): FLAG 1.95%, better; SCHK 1.05%
Holdings: FLAG 51; SCHK 999
Avg volume (30D): FLAG 224 sh; SCHK 1.31M sh, better
NAV per share: FLAG $29.04; SCHK $36.31
52W range

ETF.net Grade

Pillar letters and Scores for FLAG, SCHK, with each pillar’s weight
Pillar	FLAG	SCHK
Cost30% weight	C49	A98Higher
Mission25% weight	D38	A100Higher
Risk15% weight	C50	B66Higher
Tradability15% weight	F19	A90Higher
Holdings10% weight	C42	B57Higher
Durability5% weight	F17	B68Higher

Rank among Other Major Indexes funds

How we build Categories ›

Same Category. FLAG and SCHK are both graded against the same 42 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 42 funds

See all 42 ›

SCHK ranks 2nd and FLAG 30th of 42 funds in the Other Major Indexes Category.

Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
Rank 2ASCHKSchwab 1000 Index ETFScore 86
Rank 3APBUSInvesco MSCI USA ETFScore 85
Rank 29CCHRIGlobal X S&P 500 Christian Values ETFScore 44
Rank 30DFLAGGlobal X S&P 500 U.S. Market Leaders Top 50 ETFScore 39
Rank 31DACSIAmerican Customer Satisfaction ETFScore 37

Our read on each fund

ETF.net Research

FLAGDGlobal X S&P 500 U.S. Market Leaders Top 50 ETF

SCHKASchwab 1000 Index ETF

In short

FLAG The S&P 500, boiled down to the 50 names that rank highest on a profitability-and-quality "Market Leader" screen. Global X charges 0.29% for a concentrated cut of America's biggest earners instead of the full 500.

SCHK Schwab's house-built alternative to the S&P 500: the 1,000 largest US companies in one passive wrapper, reaching past the mega-caps into mid-cap turf, priced at three basis points.

Stated mandate

FLAG The fund seeks to provide investment results that generally correspond, before fees and expenses, to the price and yield performance of the S&P 500® U.S. Revenue Market Leaders 50 Index.

SCHK The fund seeks to track the total return of the Schwab 1000 Index before fees and expenses.

Why people hold it

FLAG 0.29% a year undercuts the typical fund in its index-tracking peer group, which is unusual for a rules-based screen rather than plain market-cap weighting.
About 50 holdings, not 500. The leaders carry real weight here instead of being diluted by a long tail of smaller index members.
Fully rules-driven: it tracks S&P's U.S. Revenue Market Leaders 50 Index, screened on profitability and quality, so stock picks are not left to a manager's mood.globalxetfs.com

SCHK 0.03% a year, the lowest fee among the top-scoring funds in its index-wrapper group and a small fraction of what the typical fund there charges.
About 1,000 stocks covering roughly 90% or more of US stock market value: the S&P 500 names plus a layer of mid caps most large-blend funds skip.schwabassetmanagement.com
Tracks its stated index tightly and stands among the strongest implementations in its peer group of plain index wrappers.
A multi-billion-dollar fund that trades actively and pays distributions quarterly.

Worth knowing

FLAG Launched in 2025, so there is no long record showing how the screen behaves across a full market cycle.
Still a small, lightly traded fund, so bid-ask spreads can run wider than on the household-name index funds in its category.
Fifty names concentrate company-specific risk. Broad rivals like SCHK (0.03%) and SPYV (0.04%) spread it far wider for a fraction of the fee.

SCHK Weighted by market value, so the biggest US companies drive the bulk of results. Those extra 500 names carry less weight than the headcount suggests.schwabassetmanagement.com
All-US, all-equity by mandate: no bonds, no foreign stocks, and it rides the full swings of the US market.
The benchmark is Schwab's own proprietary index, so there is no rival fund on the identical yardstick for a side-by-side comparison.

Full FLAG profile⁠

Full SCHK profile⁠

FLAG vs SCHK Holdings

As of Oct 13, 2026

How FLAG and SCHK differ

Overlap by weight

22.8%

Shared holdings make up 100% of FLAG and 25.1% of SCHK.

Level by level

Holdings50 in both22.8%
Countryby domicile99.4%
Asset classEquity100%

Sector

No Sector split for FLAG.

Country, concentration and asset class

Country by domicile

Country weights in FLAG and SCHK, widest gap first
Country	More in FLAGMore in SCHK	FLAG	SCHK
United States	FLAG +0.6 points	100.0%	99.4%
Other countries (8)	SCHK +0.6 points	0.0%	0.6%

Concentration

Weight in the 10 largest Holdings

FLAG47.8%
SCHK34.4%

Securities held

FLAG51
SCHK999

Asset class

FLAG: Equity
SCHK: Equity

Holdings

Only in FLAG1
In both50
Only in SCHK949

Only in FLAG

1 security, 0.1% of FLAG by weight

Other Payable & Receivables0.07%

Only in SCHK

949 securities, 74.9% of SCHK by weight

Apple7.06%
Alphabet Class A2.31%
Broadcom Inc2.28%
Meta Platforms Class A1.91%
Alphabet Class C1.86%
Tesla Inc1.58%
Micron Technology1.46%
Berkshire Hathaway Inc Class B1.40%
Advanced Micro Devices1.28%
JPMorgan Chase1.27%
Exxonmobil Holdings Corp1.05%
Visa Class A0.97%
Johnson & Johnson0.92%
Mastercard Class A0.71%
Chevron0.64%
Intel Corporation Corp0.63%
Palantir Technologies Class A0.63%
Costco Wholesale Corp0.61%
Procter & Gamble0.52%
Coca-Cola0.50%
Applied Material Inc0.47%
Bank of America0.46%
Philip Morris International0.45%
Ge Aerospace0.45%
Lam Research0.44%
Palo Alto Networks0.43%
Caterpillar Inc0.41%
Texas Instrument0.40%
Goldman Sachs Group0.37%
Rtx0.37%
Crowdstrike Holdings Class A0.37%
Thermo Fisher Scientific0.36%
Netflix0.36%
Wells Fargo0.36%
Amgen Inc0.35%
International Business Machines Co0.34%
Oracle0.33%
Ge Vernova0.33%
Linde PLC0.32%
Morgan Stanley0.31%
Kla0.30%
Analog Devices0.29%
Citigroup0.29%
Gilead Sciences0.28%
Amphenol Corp Class A0.28%
Qualcomm0.28%
Space Exploration Technologies Cor0.27%
Sandisk0.27%
Walt Disney0.27%
Marvell Technology0.27%

Weight gaps

All 50 Holdings in both funds, largest gap first.

Holding weights in FLAG and SCHK, widest gap first
Holding	More in FLAGMore in SCHK	FLAG	SCHK
Merck & Co. Inc.MRK	FLAG +4.83 points	5.33%	0.50%
AbbVie IncABBV	FLAG +4.73 points	5.44%	0.71%
Arista Networks IncANET	FLAG +4.22 points	4.49%	0.27%
Cisco Systems IncCSCO	FLAG +3.64 points	4.23%	0.59%
UnitedHealth Group IncUNH	FLAG +3.54 points	4.05%	0.51%
Home Depot IncHD	FLAG +3.51 points	3.97%	0.46%
Walmart IncWMT	FLAG +3.34 points	4.09%	0.75%
Verizon Communications IncVZ	FLAG +3.07 points	3.32%	0.25%
Eli Lilly & CoLLY	FLAG +3.03 points	4.55%	1.52%
Pepsico IncPEP	FLAG +2.86 points	3.11%	0.25%
Tjx Companies IncTJX	FLAG +2.40 points	2.62%	0.22%
NVIDIA CorpNVDA	SCHK +2.23 points	4.93%	7.16%
Capital One Financial CorpCOF	FLAG +2.20 points	2.38%	0.18%
Progressive CorpPGR	FLAG +2.04 points	2.23%	0.19%
Adobe IncADBE	FLAG +1.93 points	2.07%	0.14%
Altria Group IncMO	FLAG +1.88 points	2.06%	0.18%
Automatic Data ProcessingADP	FLAG +1.86 points	2.02%	0.16%
Mckesson CorpMCK	FLAG +1.82 points	1.98%	0.16%
Intuit IncINTU	FLAG +1.81 points	1.94%	0.13%
Starbucks CorpSBUX	FLAG +1.71 points	1.88%	0.17%
Lockheed Martin CorpLMT	FLAG +1.70 points	1.88%	0.18%
Lowe's Cos IncLOW	FLAG +1.67 points	1.83%	0.16%
Applovin Corp-Class AAPP	FLAG +1.57 points	1.67%	0.10%
Amazon.com IncAMZN	FLAG +1.44 points	4.76%	3.32%
Marriott International -Cl AMAR	FLAG +1.32 points	1.44%	0.12%
United Parcel Service-Cl BUPS	FLAG +1.27 points	1.38%	0.11%
Motorola Solutions IncMSI	FLAG +1.24 points	1.35%	0.11%
Hca Healthcare IncHCA	FLAG +1.20 points	1.30%	0.10%
O'reilly Automotive IncORLY	FLAG +1.16 points	1.26%	0.10%
Cencora IncCOR	FLAG +1.01 points	1.10%	0.09%
Autozone IncAZO	FLAG +0.79 points	0.86%	0.07%
Ameriprise Financial IncAMP	FLAG +0.77 points	0.83%	0.06%
Idexx Laboratories IncIDXX	FLAG +0.71 points	0.77%	0.06%
Yum! Brands IncYUM	FLAG +0.66 points	0.72%	0.06%
Paychex IncPAYX	FLAG +0.58 points	0.63%	0.05%
Resmed IncRMD	FLAG +0.55 points	0.60%	0.05%
Kimberly-Clark CorpKMB	FLAG +0.53 points	0.58%	0.05%
Zoetis IncZTS	FLAG +0.51 points	0.56%	0.05%
Microsoft CorpMSFT	FLAG +0.50 points	5.95%	5.45%
Verisign IncVRSN	FLAG +0.44 points	0.47%	0.03%
Synchrony FinancialSYF	FLAG +0.43 points	0.46%	0.03%
Copart IncCPRT	FLAG +0.40 points	0.44%	0.04%
Tapestry IncTPR	FLAG +0.40 points	0.43%	0.03%
Expand Energy CorpEXE	FLAG +0.37 points	0.40%	0.03%
Texas Pacific Land CorpTPL	FLAG +0.36 points	0.39%	0.03%
Fair Isaac CorpFICO	FLAG +0.33 points	0.35%	0.02%
Godaddy Inc - Class AGDDY	FLAG +0.27 points	0.29%	0.02%
Deckers Outdoor CorpDECK	FLAG +0.20 points	0.22%	0.02%
Lululemon Athletica IncLULU	FLAG +0.18 points	0.20%	0.02%
Domino's Pizza IncDPZ	FLAG +0.16 points	0.17%	0.01%

All 50 FLAG holdings⁠All 1,001 SCHK holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FLAG vs SCHK Cost

Overpaying FLAG vs SCHK

$5,314

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FLAG 0.29%
$5,952
SCHK 0.03%
$638

Amount$10,000

Years30 years

Cost over time

FLAG 0.29%
SCHK 0.03%
Overpaying

Year by year

Year	FLAG	SCHK	Overpaying
10	$527	$55	$472
20	$2,044	$216	$1,828
30	$5,952	$638	$5,314

Expense ratio

0.29%FLAG
0.03%SCHK, cheaper

SCHK0.03%FLAG0.29%

0.03%0.75%

Middle half of Other Major Indexes funds
Median 0.29%

SCHK cheapest of 42 funds

FLAG 21st cheapest of 42 funds

FLAG vs SCHK Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FLAG 1.95%, better; SCHK 1.05%
Payout (12M): FLAG $0.57; SCHK $0.38
Last payment: FLAG $0.24; SCHK $0.10
Ex-dividend: FLAG Jun 29, 2026; SCHK Sep 23, 2026
Paid on: FLAG Jul 2, 2026; SCHK Sep 28, 2026
Frequency: FLAG Twice a year; SCHK Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FLAGTwice a year · 3 paymentsAll FLAG payments⁠

SCHKQuarterly · 39 paymentsAll SCHK payments⁠

FLAG vs SCHK Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FLAG 10.6%since May 2025SCHK 12.6%
Return per unit of riskSharpe ratio, 3 years: FLAG 0.62since May 2025SCHK 1.39
Worst fallMax drawdown, 5 years: FLAG −9.3%since Apr 2025SCHK −25.4%
Market sensitivityBeta, 5 years: FLAG 0.61SCHK 1.02; Market = 1

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