# Schwab Fundamental U.S. Large Company ETF (FNDX): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fndx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Schwab · Asset class: Equity - Strategy: Thematic · Inception: 2013-08-15 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. Lar... ## Key Facts | Metric | Value | |---|---| | Price | $32.60 | | Expense Ratio | 0.25% | | Assets Under Management | $28.29B | | NAV | $32.60 | | Holdings Count | 733 | | Distribution Yield (TTM) | 1.45% | | Annual Distribution (TTM) | $0.47 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $25.87 – $32.85 | | Beta | 0.89 | ## Latest Distribution - Amount: $0.1196 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-28 ## Frequently Asked Questions ### 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. ### Does FNDX pay a dividend? Schwab Fundamental U.S. Large Company ETF (FNDX) currently distributes little or no income. Trailing-twelve-month yield is 1.45%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FNDX pay dividends? Schwab Fundamental U.S. Large Company ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FNDX's dividend yield? FNDX's trailing-twelve-month yield is 1.45%, calculated from the sum of dividends over the past year divided by the current price. ### When is FNDX's next ex-dividend date? The most recently announced ex-dividend date for FNDX was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FNDX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.25% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FNDX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FNDX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FNDX cost more than a fund like VOO? FNDX's strategy (current expense ratio 0.25%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FNDX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FNDX? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FNDX (0.25%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fndx - Distribution history: https://www.dividenddata.com/funds/fndx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fndx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fndx/expenses - Peer comparison: https://www.dividenddata.com/funds/fndx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.