FNDX ETF — Schwab Fundamental U.S. Large Company ETF

Schwab Fundamental U.S. Large Company ETF (FNDX)

Updated October 16, 2026.

FNDX is an ETF. its distribution rate is 1.48%, its trailing-12-month yield is 1.45%, its expense ratio is 0.25%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 415.2% over the past 13.2 years, 58.3 points behind SPY at 473.5%.

Schwab Fundamental U.S. Large Company ETF is an equity fund that tracks a fundamental index of large U.S. companies selected and weighted by overall company scores rather than market capitalization. The fund distributes quarterly with a modest current distribution rate and carries an expense ratio of 0.25%. It appeals to income investors seeking exposure to large-cap U.S. equities with a fundamentals-based approach.

FNDX performance versus SPY

Price and return data through 2026-10-16.

Total return is 415.2% over the past 13.2 years, 58.3 points behind SPY at 473.5%. Over the past year its total return — price change plus distributions reinvested — is 26.9%. Its deepest 1-year drawdown was 6.1%.

FNDX key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

1.48%

Issuer

Schwab

Asset type

ETF

Asset class

Equity

Inception date

08/15/2013

Expense ratio

0.25%

Distribution rate

1.48%

Distribution frequency

Quarterly

Trailing yield

1.45%

Last close

$32.52 (as of 2026-10-16)

AUM

$27,793,551,493

Average volume

4458642.0

Dividend

$0.12

Ex-dividend date

09/23/2026

Payment date

09/28/2026

Beta

0.82

How Dividend Vision calculates yield and returns

Distribution rate (1.48%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.45%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Schwab or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FNDX risks and drawbacks

FNDX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.1%.

Who may consider FNDX — and who may not

FNDX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FNDX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FNDX

• FNDX dividend calendar
• FNDX dividend history
• All tickers starting with F

Tagged: Large Cap.

Frequently asked questions

More securities from Schwab.