Schwab Fundamental U.S. Large Company ETF

Frequently Asked Questions About FNDX

What does FNDX invest in?

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.

What is the expense ratio of FNDX?

Schwab Fundamental U.S. Large Company ETF (FNDX) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FNDX?

Schwab Fundamental U.S. Large Company ETF (FNDX) manages $28.29B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FNDX actively managed or an index fund?

FNDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FNDX launched?

Schwab Fundamental U.S. Large Company ETF (FNDX) launched in August 2013 and is managed by Schwab.

How has FNDX performed?

FNDX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.