FNDX - ETF AI Analysis

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Schwab Fundamental US Large Co. Index ETF (FNDX)

Rating:72Outperform

Price Target:―

FNDX, the Schwab Fundamental US Large Co. Index ETF, has a solid overall rating, reflecting a portfolio anchored by high-quality leaders like Apple, Microsoft, and Alphabet, which benefit from strong financial performance, growth in cloud and AI, and strategic investments that support long-term expansion. These strengths are partly offset by weaker spots such as Intel, where profitability and cash flow challenges weigh on its contribution, and Berkshire Hathaway, which faces bearish momentum and offers no dividend for income-focused investors. The main risk factor is the fund’s meaningful exposure to a relatively small group of large U.S. tech and growth-oriented companies, which can increase sensitivity to shifts in that sector.

Positive Factors

Strong Overall Performance

The ETF has shown strong recent performance over the year, month, and quarter, indicating solid momentum.

Healthy Size and Liquidity

With a large amount of assets under management, the fund is well-established and likely easier to trade for most investors.

Broad Sector Diversification

Holdings are spread across many sectors, including technology, financials, health care, energy, and consumer-related industries, which helps reduce reliance on any single area of the market.

Negative Factors

Heavy U.S. Concentration

Almost all of the fund’s assets are invested in U.S. companies, offering very limited international diversification.

Mixed Results Among Top Holdings

While several major positions like Exxon Mobil, UnitedHealth, Intel, and Chevron have performed strongly, others such as Microsoft and Berkshire Hathaway have been weak, creating uneven contributions to returns.

Moderate Expense Ratio

The fund’s expense ratio is not extremely high but is also not among the very lowest-cost options, which slightly reduces the net return to investors over time.

FNDX vs. SPDR S&P 500 ETF (SPY)

AUM26.62B

RegionNorth America

Expense Ratio0.25%

Beta0.78

IssuerSchwab

Inception DateAug 15, 2013

Dividend Yield1.45%

Asset ClassEquity

Index TrackedRAFI Fundamental High Liquidity US Large Index - Benchmark TR Gross

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume2,515,639

30 Day Avg. Volume3,541,880

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

36.45

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering734

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FNDX Summary

FNDX is the Schwab Fundamental US Large Company Index ETF, which tracks the RAFI Fundamental High Liquidity US Large Index. Instead of focusing on stock price alone, it picks and weights big U.S. companies based on business basics like sales, cash flow, and dividends. It holds many well-known names such as Apple and Microsoft, along with firms from sectors like technology, finance, health care, and energy. Someone might invest in FNDX for broad, diversified exposure to large U.S. companies with a focus on fundamentals. A key risk is that it can still rise and fall with the overall stock market.

How much will it cost me?The Schwab Fundamental US Large Co. Index ETF (Ticker: FNDX) has an expense ratio of 0.25%, meaning you’ll pay $2.50 per year for every $1,000 invested. This is slightly higher than the average for passively managed ETFs because it uses a unique fundamental index strategy rather than traditional market-cap weighting. This approach aims to provide a more balanced and economically-driven exposure to large-cap U.S. companies.

What would affect this ETF?The Schwab Fundamental US Large Co. Index ETF (FNDX) could benefit from strong performance in the technology and financial sectors, which make up a significant portion of its holdings, especially if innovation and economic growth drive these industries forward. However, rising interest rates or economic slowdowns could negatively impact its financial and consumer cyclical exposures, while regulatory changes in the tech sector might pose risks to top holdings like Apple and Microsoft.

FNDX Top 10 Holdings

FNDX leans heavily into U.S. blue chips, with Apple setting the pace as a clear bright spot, its steady climb giving the fund a strong tech tailwind. Microsoft, Alphabet, and Amazon, however, have been more mixed lately, with some of Big Tech’s usual horsepower losing a bit of steam and occasionally tapping the brakes on performance. On the flip side, energy giants like Exxon Mobil and Chevron are rising and helping balance out those tech wobbles. Overall, the ETF is broadly diversified across sectors but still very much a U.S.-centric story.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
AAPL	Apple	4.88%	$1.30B	$4.97T	60.63%	79 Outperform
XOM	Exxon Mobil	2.41%	$641.02M	$649.64B	40.60%	74 Outperform
MSFT	Microsoft	2.23%	$591.18M	$2.90T	-15.44%	79 Outperform
GOOGL	Alphabet Class A	1.81%	$480.61M	$4.11T	73.87%	85 Outperform
BRK.B	Berkshire Hathaway B	1.66%	$442.28M	$988.05B	8.01%	66 Neutral
JPM	JPMorgan Chase	1.62%	$430.25M	$923.65B	18.43%	72 Outperform
AMZN	Amazon	1.61%	$426.74M	$2.44T	0.59%	71 Outperform
UNH	UnitedHealth	1.60%	$425.05M	$381.94B	68.88%	72 Outperform
CVX	Chevron	1.53%	$407.73M	$382.11B	26.82%	71 Outperform
GOOG	Alphabet Class C	1.45%	$385.19M	$4.11T	73.02%	82 Outperform

FNDX Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

31.11

Positive

100DMA

29.96

Positive

200DMA

28.63

Positive

Market Momentum

MACD

RSI

STOCH

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FNDX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 31.47, equal to the 50-day MA of 31.11, and equal to the 200-day MA of 28.63, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FNDX.

FNDX Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FNDX	―	―	$26.62B	0.25%	72 Outperform
VOO	―	―	$986.27B	0.03%	74 Outperform
IVV	―	―	$865.87B	0.03%	74 Outperform
SPY	―	―	$789.31B	0.09%	74 Outperform
QQQ	―	―	$440.98B	0.18%	73 Outperform
SPYM	―	―	$160.69B	0.02%	74 Outperform

Performance Comparison

FNDX

Schwab Fundamental US Large Co. Index ETF

31.74

7.50

30.94%

VOO

Vanguard S&P 500 ETF

―

IVV

iShares Core S&P 500 ETF

―

SPY

SPDR S&P 500 ETF Trust

―

QQQ

Invesco QQQ Trust

―

SPYM

State Street SPDR Portfolio S&P 500 ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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