Schwab Fundamental U.S. Large Company Index ETF FNDX

Schwab Fundamental U.S. Large Company Index ETF provides exposure to the largest US companies based on fundamental measures. Managed by Schwab Asset Management, this ETF was established in 2013.

The Schwab Fundamental U.S. Large Company Index ETF fund’s primary goal is to provide investment results that simulate the investment performance of the Russell RAFI US Large Company Index. This index aims to measure the performance of the largest US companies based on adjusted sales, retained operating cash flow and dividends plus buybacks. This fund is considered to be diversified. The base currency of this fund is USD.

Stock for the Schwab Fundamental U.S. Large Company Index ETF is available on the NYSE Arca under the ticker FNDX. As of 6 September 2022, this ETF had total net assets of $9.29bn with investments in 730 companies. This fund includes investments across a broad range of sectors, with the majority of holdings being in the information technology, financials and healthcare sectors. As of 7 September 2022, some of the fund’s top holdings included Apple, Exxon Mobil, Microsoft, Chevron, Berkshire Hathaway, JPMorgan Chase, AT&T, UnitedHealth Group, Wells Fargo and Johnson & Johnson.

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