Schwab Fundamental U.S. Large Company ETF (FNDX) is a fundamentally weighted ETF. As of October 9, 2026, ETF Copilot scores FNDX 5.7 out of 10 — highest on Risk (8.7), lowest on Growth (3.0). It trades at 19.2 times earnings, against its own median of 17.6. Its ten largest holdings are 22% of the fund.
What stands out in FNDX's data
U.S. large companies weighted by fundamentals rather than market cap.
Trades at a richer price than the typical fundamental fund — you pay more for each dollar of EBITDA.
Its trailing EBITDA multiple of 13.3x sits above the category median of 12.1x and its own historical median of 11.7x. Holdings 732.
A broad large-cap anchor that weights by sales, cash flow, and dividends instead of share price.
Why did FNDX move this week? It rose 1.5% in the week to October 9, 2026 — Microsoft and Moderna drove it
FNDX rose 1.5% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Moderna (+18.4%) and Amazon.com (+4.3%); Intel (−12.3%) pushed the other way.
How is FNDX rated? ETF Copilot scores Schwab Fundamental U.S. Large Company ETF (FNDX) 5.7 out of 10
As of October 9, 2026, ETF Copilot scores Schwab Fundamental U.S. Large Company ETF (FNDX) 5.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.7 / 10
- Growth: 3.0 / 10
- Value: 3.7 / 10
- Risk: 8.7 / 10
- Quality: 5.2 / 10
- Return: 8.0 / 10
Is FNDX expensive right now? It trades at 19.2 times earnings, against its own median of 17.6
As of October 9, 2026, FNDX is more expensive than 69% of its own 115 monthly readings since 2017 — 79 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside FNDX? 23% Tech
What's inside FNDX: Size (Large 82%, Mid 16%, Small 2%); Geography (International 3%, US 97%); Tech 22.9%; Magnificent 7 16.1%; AI 8.0%; Semiconductors 5.4%; Memory 4.0%.
What are FNDX's top holdings? The ten largest are 22% of the fund
Apple, Microsoft, Exxonmobil, Amazon, Facebook, Alphabet, Berkshire Hathaway, Chevron and JPMorgan Chase are FNDX's largest holdings, in that order.
More concentrated than 63% of Fundamental ETFs.
Half of FNDX's weight sits in its 55 largest positions, and once those weights are taken into account it behaves like 115 equally weighted holdings.
What is FNDX's expense ratio? 0.25% a year
As of October 9, 2026, FNDX charges 0.25% a year, yields 1.45% and holds $27.7B in assets across 732 positions.
| Measure | FNDX |
|---|---|
| Expense ratio | 0.25% |
| Dividend yield | 1.45% |
| Assets under management | $27.7B |
| Holdings | 732 |
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.
Cite this
ETF Copilot, “Schwab Fundamental U.S. Large Company ETF (FNDX) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/fndx
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