What does comparing an expense ratio tell an investor?

The expense ratio is the annual fee fund managers charge to operate, expressed as a percentage of assets. In this comparison, FNDX carries an expense ratio of 0.25%, while SCHG's is 0.04%. A lower expense ratio can help investors retain more of their returns over time, all else being equal. It is a key metric for understanding the cost structure of an ETF.

How do the fund categories differ between FNDX and SCHG?

Fund categories indicate the type of stocks a fund aims to invest in. FNDX is categorised as Large Value, while SCHG is Large Growth. Value funds typically target companies perceived to be undervalued, whereas growth funds focus on companies expected to see higher growth rates. This distinction helps investors understand the underlying strategies of each fund.

What are the implications of the fund's inception date?

The inception date marks when the fund first started operating. FNDX was launched on Aug 15, 2013, while SCHG was established earlier on Dec 11, 2009. These dates indicate the operational history of each fund, showing that SCHG has been tracking its respective strategy for a longer period. The length of history can be relevant for analysing past performance data.

How significant is the cost difference between FNDX and SCHG?

FNDX has an expense ratio of 0.25% compared to 0.04% for SCHG, resulting in a cost difference of 0.21 percentage points. This means investors in FNDX pay higher fees for every dollar invested than those in SCHG. While this difference might seem small annually, it can compound over longer investment horizons, affecting the net return to the investor.

Are the top holdings of FNDX and SCHG similar?

There is notable overlap in the top holdings of both funds. FNDX and SCHG both list AAPL, MSFT, GOOGL, AMZN, and GOOG within their top ten positions. This suggests that despite being categorised differently, these large-cap technology and consumer stocks are significant components of both indices, highlighting a degree of correlation in their portfolios.

How do the dividend yields compare for FNDX and SCHG?

FNDX currently offers a dividend yield of 1.43%, which is higher than the 0.36% yield of SCHG. Generally, value-oriented ETFs like FNDX might pay higher dividends, whereas growth-oriented ETFs like SCHG often reinvest earnings for expansion. This yield difference is a primary distinction for investors seeking income versus those seeking capital appreciation.

What are the net asset sizes of the two funds?

SCHG is significantly larger in terms of net assets compared to FNDX. SCHG holds $65.9 billion, while FNDX has net assets of $28.3 billion. The size of a fund can influence its liquidity and the ability of the fund managers to trade efficiently, though it does not inherently indicate better or worse performance.

What specific indices do FNDX and SCHG track?

Based on the provided data, the specific indices tracked by FNDX and SCHG are listed as 'not available'. Investors should be aware that while the funds are categorised as Large Value and Large Growth, the precise benchmarks they follow are not detailed here, preventing a direct comparison of the underlying index methodologies.

What are the sector weightings for each ETF?

Data regarding the sector weightings for both FNDX and SCHG is currently not available in the provided information. Knowing how funds are distributed across sectors such as technology, energy, or financials is typically useful for assessing concentration risk, but without this detail, it is not possible to compare their sector exposure specifically.

Does a higher dividend yield mean a better fund?

Not necessarily. FNDX has a yield of 1.43%, while SCHG yields 0.36%. Higher yield provides more immediate income but may come from value strategies that differ from the growth focus of SCHG. Yield is just one metric; it must be weighed against factors like expense ratios, growth prospects, and overall portfolio objectives rather than viewed in isolation.

How do ETF distributions typically work?

ETFs usually distribute dividends from their holdings to shareholders. FNDX pays a yield of 1.43%, while SCHG pays 0.36%. These distributions are not guaranteed and can change over time as the underlying companies adjust their own payouts. Investors often choose between reinvesting these distributions for compound growth or taking them as cash income, depending on their strategy.

Is this data up to date and what should I do next?

The fund data provided was sourced from Yahoo Finance on September 22, 2026. Market conditions and fund metrics change frequently. This FAQ is for educational purposes only and does not constitute financial advice. Investors should verify current expense ratios, holdings, and yields directly from the fund issuers before making any investment decisions.

FNDX vs SCHG

Two funds, one decision: we compare cost, performance and what each ETF actually holds in November 2026.

This page compares Schwab Fundamental US Large Company ETF (FNDX) and Schwab US Large-Cap Growth ETF (SCHG), covering fees, holdings, dividends and how each fund tracks its market. Educational content, not financial advice.

This page compares Schwab Fundamental US Large Company ETF (FNDX) and Schwab US Large-Cap Growth ETF (SCHG), covering fees, holdings, dividends and how each fund tracks its market. Educational content...

Fund Snapshot

Key Fund Metrics

FNDX

Metric

SCHG

0.25%

Expense Ratio

0.04%

1.43%

Dividend Yield

0.36%

$28.32B

Net Assets

$65.89B

733

Holdings

196

Aug 15, 2013

Inception Date

Dec 11, 2009

–

Index Tracked

–

Large Value

Fund Category

Large Growth

SCHG costs about $21.00 less per year for every $10,000 invested.

Shared Top Holdings

Holding	FNDX	SCHG
AAPLApple Inc.	4.76%	9.94%
MSFTMicrosoft Corporation	2.78%	7.42%
GOOGLAlphabet Inc.	1.83%	4.09%
AMZNAmazon.com, Inc.	1.75%	4.93%
GOOGAlphabet Inc.	1.45%	3.26%

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Investment Analysis

FNDX

Pros

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Considerations

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SCHG

Pros

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Considerations

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About FNDX and SCHG

FNDX (FNDX)

The Schwab Fundamental US Large Company ETF (FNDX) is an exchange-traded fund focused on large-cap U.S. companies with fundamental value characteristics. It aims to track an index designed to reflect the performance of these firms, using metrics like cash flow and dividends to determine weighting. With net assets of USD 28.32 billion, it offers broad exposure to established businesses through its 733 holdings. The fund operates with a 0.25% expense ratio and provides a dividend yield of 1.43%. Inception occurred on August 15, 2013. As with any investment, its value can fluctuate, and returns are not guaranteed.

SCHG (SCHG)

SCHG (Schwab US Large‑Cap Growth ETF) is an exchange‑traded fund that offers investors low‑cost exposure to US large‑capitalisation companies exhibiting growth characteristics. It tracks a large‑cap growth index and typically holds companies with higher expected earnings growth, often leading to heavier weights in technology and other growth‑oriented sectors. As an ETF, SCHG provides intraday liquidity, diversification across dozens to hundreds of stocks and a transparent holdings profile. Costs are generally lower than many active funds, but investors should note that growth‑style funds can be more volatile than broad‑market or value strategies and that past performance is not a guide to future returns. SCHG can serve as a growth sleeve within a broader portfolio but may not suit investors seeking high income or very low volatility. This information is educational and not personalised advice; consider your risk tolerance, investment horizon and the role of style and geographic diversification before investing.

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FNDX vs SCHG

Fund Snapshot