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 (FNDX) is a fund within the US Large Cap Blend category managed by Schwab ETFs. With assets under management totaling $25.9 billion and a share price of $31.87, the fund demonstrates significant investor adoption relative to the 19 other ETFs tracked in its specific category. Across all 458 tracked ETFs, the fund holds an overall rank of #10 and has received an ETFValuer grade of B+ with a score of 83.2 out of 100. Investors seeking income can observe a dividend yield of 1.48%, while the cost to hold the position is an expense ratio of 0.25%. The substantial asset base and high ranking suggest the fund is a widely utilized vehicle for exposure to large-cap U.S. companies. These metrics collectively position the ETF as a prominent option within the broader landscape of large-cap blend strategies.

The fund's return profile shows a consistent upward trajectory across all measured time horizons, starting with a 1-day gain of +0.73% and a 1-week increase of +1.72%. Monthly performance accelerated to +2.87% over one month, followed by a 3-month return of +8.41% and a 6-month gain of +13.94%. Year-to-date returns have reached +17.06%, while the 1-year return stands at +29.19%. This momentum extends further into the long term, with a 3-year return of +69.18%. The data indicates a pattern of sustained growth where returns have generally increased as the time horizon lengthens from daily to multi-year periods. This trend suggests the fund has benefited from positive market conditions across both short-term fluctuations and extended investment cycles.

FNDX carries a volatility label of Low and a beta of 0.82, indicating that the fund has historically exhibited less price fluctuation than the broader market. A Sharpe ratio of 2.35 suggests the fund has generated strong risk-adjusted returns relative to the volatility experienced. The maximum drawdown recorded is -16.30%, which represents the largest peak-to-trough decline observed during the measurement period. This combination of low volatility, a beta below 1.0, and a high Sharpe ratio implies the fund tends to preserve capital during market downturns while capturing upside. The relatively contained maximum drawdown further supports the assessment of a defensive profile within the US Large Cap Blend category.

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 — AVUS overlaps most, holding 6 of the same companies as FNDX's top 10 (17.0% 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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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 2026-06-01) — 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 0.22% and average daily volume is 3.5M/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 $25.9B 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