ETF overview
FNDX uses fundamental screens (sales, cash flow, dividends, and buybacks) to scope out large-cap US companies. The top 87.5% of the companies by cumulative fundamental score are included in the index. It then weights them accordingly. Index weights are determined annually in March but are implemented across the year rather than at one point in time to help increase investment capacity and minimize entry point risk. To do this, the index rebalances on a rolling quarterly basis. FNDX's underlying index changed its name from Russell Fundamental U.S. Large Company Index to Russell RAFI U.S. Large Company Index on December 1, 2016. There were no changes in index methodology and the resulting exposure. Effective June 21, 2024, the index changed to RAFI Fundamental High Liquidity US Large Index. Prior to this date, the fund was called Schwab Fundamental U.S. Large Company Index ETF.
Fund facts
- Expense ratio
- 0.25%
- Fund assets
- 28.32B USD (all share classes)
- Issuer
- Schwab
- Inception date
- Aug 15, 2013
- Number of holdings
- 734
Breakdown
Holdings (734)
| Name | Ticker | Weight |
|---|---|---|
| APPLE | AAPL | 4.83% |
| MICROSOFT | MSFT | 3.26% |
| EXXONMOBIL HOLDINGS CORP | XOM | 2.47% |
| AMAZON COM INC | AMZN | 1.91% |
| META PLATFORMS CLASS A | META | 1.82% |
| BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 1.78% |
| ALPHABET CLASS A | GOOGL | 1.76% |
| CHEVRON | CVX | 1.65% |
| JPMORGAN CHASE | JPM | 1.55% |
| UNITEDHEALTH GROUP | UNH | 1.44% |
| and 721 more | ||
Similar ETFs
- Schwab Fundamental U.S. Broad Market Index ETFFNDB · Overlap 93% · Expense ratio 0.25%
- Invesco RAFI US 1000 ETFPRF · Overlap 92% · Expense ratio 0.34%
- Invesco RAFI US Fundamental Value UCITS ETFPRUS.L · Overlap 91% · Expense ratio 0.39%
- State Street SPDR S&P 1500 Value Tilt ETFVLU · Overlap 78% · Expense ratio 0.12%
- Invesco RAFI Strategic US ETFIUS · Overlap 77% · Expense ratio 0.19%
- Invesco S&P 500 Revenue ETFRWL · Overlap 69% · Expense ratio 0.39%
- John Hancock Investments - Multifactor Large Cap ETFJHML · Overlap 69% · Expense ratio 0.29%
- iShares Morningstar Value ETFILCV · Overlap 68% · Expense ratio 0.04%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.25%
- Fund assets
- 28.32B USD (all share classes)
- Issuer
- Schwab
- Inception date
- Aug 15, 2013
- Number of holdings
- 734
| Name | Ticker | Weight |
|---|---|---|
| APPLE | AAPL | 4.83% |
| MICROSOFT | MSFT | 3.26% |
| EXXONMOBIL HOLDINGS CORP | XOM | 2.47% |
| AMAZON COM INC | AMZN | 1.91% |
| META PLATFORMS CLASS A | META | 1.82% |
| BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 1.78% |
| ALPHABET CLASS A | GOOGL | 1.76% |
| CHEVRON | CVX | 1.65% |
| JPMORGAN CHASE | JPM | 1.55% |
| UNITEDHEALTH GROUP | UNH | 1.44% |
| and 721 more | ||
FNDX uses fundamental screens (sales, cash flow, dividends, and buybacks) to scope out large-cap US companies. The top 87.5% of the companies by cumulative fundamental score are included in the index. It then weights them accordingly. Index weights are determined annually in March but are implemented across the year rather than at one point in time to help increase investment capacity and minimize entry point risk. To do this, the index rebalances on a rolling quarterly basis. FNDX's underlying index changed its name from Russell Fundamental U.S. Large Company Index to Russell RAFI U.S. Large Company Index on December 1, 2016. There were no changes in index methodology and the resulting exposure. Effective June 21, 2024, the index changed to RAFI Fundamental High Liquidity US Large Index. Prior to this date, the fund was called Schwab Fundamental U.S. Large Company Index ETF.
- Schwab Fundamental U.S. Broad Market Index ETFFNDB · Overlap 93% · Expense ratio 0.25%
- Invesco RAFI US 1000 ETFPRF · Overlap 92% · Expense ratio 0.34%
- Invesco RAFI US Fundamental Value UCITS ETFPRUS.L · Overlap 91% · Expense ratio 0.39%
- State Street SPDR S&P 1500 Value Tilt ETFVLU · Overlap 78% · Expense ratio 0.12%
- Invesco RAFI Strategic US ETFIUS · Overlap 77% · Expense ratio 0.19%
- Invesco S&P 500 Revenue ETFRWL · Overlap 69% · Expense ratio 0.39%
- John Hancock Investments - Multifactor Large Cap ETFJHML · Overlap 69% · Expense ratio 0.29%
- iShares Morningstar Value ETFILCV · Overlap 68% · Expense ratio 0.04%
Overlap is the share of assets the two funds hold in common.
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