Schwab Fundamental U.S. Large Company Index ETF

What this fund is

Schwab Fundamental U.S. Large Company Index ETF is an exchange-traded fund (ETF) from Schwab, traded under the ticker FNDX (ISIN US8085247711). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. Its largest holdings include APPLE INC, INTEL CORPORATION CORP and EXXON MOBIL CORP.

With about 737 holdings (the ten largest ≈ 20.2%), your money is diversified rather than concentrated in a handful of names. Geographically it leans ~97.1% US, ~1.7% IE and ~0.5% GB. Its heaviest sectors are ~19.1% Technology and ~15.2% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund.

It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 10.4% over the past year — a gauge of how much the value moves, not a judgement of quality. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Schwab.)