ATLASSchwab Fundamental U.S. Large Company ETF (FNDX): outlook, holdings and fees
Schwab Fundamental U.S. Large Company ETF (FNDX) is an exchange-traded fund and is managed by Schwab ETFs. The expense ratio is 0.23% and the yield is 1.48%. The ten largest holdings are 22% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FNDX
| Last price | $32.83 (+0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 59% |
| Likely 1-month range (50%) | $32.46 – $33.57 |
| Normal 1-day range (±1σ) | ±0.6% |
| Distribution yield | 1.48% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FNDX fund facts
| Issuer | Schwab ETFs |
|---|---|
| Theme | US large caps |
| Assets under management | $27.8B |
| Expense ratio | 0.23% |
| Number of holdings | 50 |
| Portfolio turnover | 13% |
| Inception | Aug 15, 2013 |
| Exchange | NYSE |
The fund normally will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in stocks included in the index. The index measures the performance of the large company size segment by fundamental overall company scores, which are created using as the universe the U.S. companies in the RAFI Global Equity Investable Universe.
FNDX top holdings
| Holding | Sector | Weight |
|---|---|---|
| Apple Inc. AAPL | Technology | 4.78% |
| Microsoft Corporation MSFT | Technology | 3.38% |
| Exxon Mobil Corp XOM | Energy | 2.37% |
| Amazon.com Inc AMZN | Consumer Cyclical | 2.06% |
| Meta Platforms Inc. META | Communication Services | 1.84% |
| Alphabet Inc Class A GOOGL | Communication Services | 1.78% |
| Berkshire Hathaway Inc BRK-B | Financial Services | 1.71% |
| Chevron Corp CVX | Energy | 1.63% |
| JPMorgan Chase & Co JPM | Financial Services | 1.51% |
| Alphabet Inc Class C GOOG | Communication Services | 1.41% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FNDX sector breakdown
| Sector | Weight |
|---|---|
| Technology | 19.4% |
| Financial Services | 14.7% |
| Healthcare | 13.8% |
| Energy | 10.5% |
| Communication Services | 8.8% |
| Consumer Cyclicals | 8.8% |
| Industrials | 8.8% |
| Consumer Defensive | 7.6% |
| Basic Materials | 3.0% |
| Utilities | 2.9% |
| Real Estate | 1.7% |
By region: North America 99.5%, Europe Developed 0.3%, Asia Emerging 0.1%, Latin America 0.1%.
FNDX returns and risk
| Year to date | +19.9% |
|---|---|
| 1 year | +25.3% |
| 3 years (annualised) | +22.6% |
| 5 years (annualised) | +13.5% |
| 10 years (annualised) | +14.6% |
| Volatility (3 years) | 11.7% |
| Sharpe ratio (3 years) | 1.27 |
Past returns do not guarantee future results.
FNDX: frequently asked questions
What does FNDX invest in?
Schwab Fundamental U.S. Large Company ETF invests in a portfolio of securities. Its largest holdings are Apple Inc. (4.8%), Microsoft Corporation (3.4%), Exxon Mobil Corp (2.4%), Amazon.com Inc (2.1%), Meta Platforms Inc. (1.8%).
What is the FNDX expense ratio?
0.23% a year: about $23.00 for every $10,000 invested.
What is the FNDX dividend yield?
1.48%. ATLAS does not hold the exact distribution dates for ETFs.
Will FNDX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 59%, with a likely range (50%) of $32.46 to $33.57 from $32.83 today. It is a probability, not a prediction.
How has FNDX performed?
Year to date +19.9%, one year +25.3%, three years +22.6% a year, five years +13.5% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer