FEX vs SCHB: holdings overlap, shared companies and scores
As of September 11, 2026, FEX and SCHB overlap 33.8% by weight. First Trust Large Cap Core AlphaDEX Fund (FEX): U.S. large-cap stocks Schwab U.S. Broad Market ETF (SCHB): U.S. broad market stocks.
Updated September 11, 2026
How much do FEX and SCHB overlap?
As of September 11, 2026, FEX and SCHB overlap 33.8% by weight.
100% of FEX is already inside SCHB.
68% of SCHB is already inside FEX.
FEX holds 374 companies and SCHB holds 2,343; 372 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FEX and SCHB?
As of September 11, 2026, ETF Copilot scores FEX 5.0 out of 10 and SCHB 5.6 out of 10.
They differ most on Quality: FEX 4.7 and SCHB 8.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FEX | SCHB |
|---|---|---|
| Growth | 4.5 | 3.3 |
| Valuation | 4.2 | 2.6 |
| Risk | 4.7 | 7.0 |
| Quality | 4.7 | 8.0 |
| Return | 6.3 | 7.2 |
SCHB is the cheaper of the two at 0.03% a year
As of September 11, 2026, FEX charges 0.57% a year, yields 1.69% and holds $1.6B in assets across 374 positions.
As of September 11, 2026, SCHB charges 0.03% a year, yields 1.11% and holds $44.3B in assets across 2343 positions.
| Measure | FEX | SCHB |
|---|---|---|
| Expense ratio | 0.57% | 0.03% |
| Dividend yield | 1.69% | 1.11% |
| Assets under management | $1.6B | $44.3B |
| Holdings | 374 | 2343 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where FEX and SCHB trade against their own history
FEX trades at 18.6 times earnings, against its own median of 17.1, and is more expensive than 72% of its own 114 monthly readings since 2017.
SCHB trades at 24.8 times earnings, against its own median of 21.1, and is more expensive than 84% of its own 114 monthly readings since 2017.
What moved FEX and SCHB this week
FEX fell 1.3% in the week to September 11, 2026. The holdings that moved it most were Copart (−10.8%), Cognizant Tech Solutions (−7.2%) and Fidelity National Info Serv (−9.8%); Bloom Energy (+17.1%) pushed the other way.
SCHB fell 1.2% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Eli Lilly (−3.8%); Advanced Micro Devices (+13.1%) pushed the other way.
What do FEX and SCHB each hold?
What's inside FEX: Tech 20%, AI 5%.
6% of FEX is its ten largest holdings.
What's inside SCHB: Tech 44%, Magnificent 7 30%.
34% of SCHB is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “FEX vs SCHB holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fex-vs-schb
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