SCHX ETF — Holdings & Analysis

The Schwab U.S. Large-Cap ETF (SCHX) is a passively managed fund with $62.09 billion in assets under management. It seeks to replicate the performance of the Dow Jones U.S.

Large-Cap Total Stock Market Index, offering investors broad exposure to the large-cap segment of the U.S. equity market. With an expense ratio of just 0.03%, SCHX provides a cost-effective way to access a diversified portfolio of large-cap stocks, making it an attractive option for long-term investors seeking broad market exposure at a low cost.

Schwab U.S. Large-Cap ETF (SCHX) ETF — Price, Holdings & Analysis

The Schwab U.S. Large-Cap ETF (SCHX) is a passively managed fund with $62.09 billion in assets under management. It seeks to replicate the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index, offering investors broad exposure to the large-cap segment of the U.S. equity market. With an expense ratio of just 0.03%, SCHX provides a cost-effective way to access a diversified portfolio of large-cap stocks, making it an attractive option for long-term investors seeking broad market exposure at a low cost.

ETF Overview

The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index.

SCHX aims to mirror the returns of the Dow Jones U.S. Large-Cap Total Stock Market Index, providing exposure to a wide array of large-cap U.S. equities. This ETF is designed for investors seeking broad market exposure within the large-cap segment, offering diversification across various sectors. SCHX's top holdings include prominent companies such as NVIDIA Corp (6.91%), Apple Inc (6.27%), and Microsoft Corp (4.68%). The fund's sector allocation is heavily weighted towards Technology (32.3%), followed by Financial Services (12.3%) and Communication Services (10.4%). This broad diversification, combined with its low expense ratio, makes SCHX a suitable choice for investors looking for a core holding in their portfolio, providing exposure to the performance of the U.S. large-cap market. The fund's passive management style ensures that it closely tracks its benchmark index, minimizing tracking error and providing investors with a reliable representation of the large-cap market's performance.

Risk Metrics

SCHX, while diversified across 751 holdings, exhibits concentration risk due to its significant allocation to its top holdings. NVIDIA Corp and Apple Inc together account for over 13% of the fund's assets. Sector risk is also present, with a substantial 32.3% allocation to the Technology sector, making the fund vulnerable to fluctuations in that sector. With a beta of 1.03, SCHX's volatility is slightly higher than the overall market. However, the fund's low expense ratio of 0.03% helps to minimize expense drag, mitigating some of the risks associated with investing. Past performance does not guarantee future results.

Expense Ratio

0.03%

What does SCHX hold?

Holding	Weight
NVIDIA Corp (NVDA)	6.91%
Apple Inc (AAPL)	6.27%
Microsoft Corp (MSFT)	4.68%
Amazon.com Inc (AMZN)	3.28%
Alphabet Inc Class A (GOOGL)	2.91%
Broadcom Inc (AVGO)	2.42%
Alphabet Inc Class C (GOOG)	2.32%
Meta Platforms Inc Class A (META)	2.27%
Tesla Inc (TSLA)	1.82%
Berkshire Hathaway Inc Class B (BRK-B)	1.49%

How Is the Fund Allocated?

Sector	Weight
Technology	32.3%
Financial Services	12.3%
Communication Services	10.4%
Consumer Cyclical	10.1%
Healthcare	9.9%
Industrials	9.6%
Consumer Defensive	5.3%
Energy	3.5%
Utilities	2.4%
Real Estate	2.2%
Basic Materials	2.0%

Country	Weight
United States	95.6%
Other	1.5%
Ireland	1.4%
United Kingdom	0.6%
Switzerland	0.4%
Bermuda	0.1%
Netherlands	0.1%
Korea (the Republic of)	0.0%
Singapore	0.0%
Canada	0.0%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Schwab U.S. Broad Market ETF (SCHB) (Equity) — 0.03% expense ratio
Schwab U.S. Large-Cap Growth ETF (SCHG) (Equity) — 0.04% expense ratio
Schwab International Equity ETF (SCHF) (Equity) — 0.03% expense ratio

Risk Metrics

Beta: 1.03

Questions & Answers

What is SCHX and what does it track?

SCHX, or the Schwab U.S. Large-Cap ETF, is an exchange-traded fund designed to track the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. This index represents the large-cap segment of the U.S.

equity market, encompassing approximately 750 of the largest publicly traded companies in the United States.

What is the expense ratio for SCHX?

The expense ratio for SCHX is 0.03%, which is notably low. This means that for every $10,000 invested in the fund, the annual cost is only $3.00.

This low expense ratio makes SCHX an attractive option for cost-conscious investors seeking exposure to the U.S. large-cap market.

What are the top holdings in SCHX?

The top holdings in SCHX reflect the composition of the Dow Jones U.S. Large-Cap Total Stock Market Index. As of 2026-03-15, the top three holdings include NVIDIA Corp (6.91%), Apple Inc (6.27%), and Microsoft Corp (4.68%).

These companies represent a significant portion of the fund's assets, reflecting their prominence in the U.S. large-cap market.

Is SCHX a good long-term investment?

SCHX can be considered as a core holding for long-term investors seeking exposure to the U.S. large-cap equity market. Its low expense ratio of 0.03% makes it a cost-effective choice compared to many other ETFs in the same category.

The fund's diversification across approximately 750 stocks helps to mitigate risk, while its focus on large-cap companies provides stability.

How does SCHX compare to similar ETFs?

SCHX competes with other large-cap ETFs, such as IVV (iShares Core S&P 500 ETF) and VOO (Vanguard S&P 500 ETF). SCHX distinguishes itself with its very low expense ratio of 0.03%, which is competitive with IVV and VOO.

SCHX tracks the Dow Jones U.S. Large-Cap Total Stock Market Index, while IVV and VOO track the S&P 500 Index.

Does SCHX pay dividends?

While SCHX aims to replicate the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index, the current dividend yield is 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

Investors seeking dividend income may want to consider other ETFs that focus on dividend-paying stocks. However, SCHX's primary objective is capital appreciation through tracking the overall performance of the large-cap market.