Average Daily Volume
12.9M
Fund Overview
The Schwab U.S. Large-Cap ETF (SCHX) is designed to track the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. This index includes approximately 750 of the largest U.S. companies, representing a broad cross-section of industries. SCHX provides investors with exposure to well-established, large-cap equities, which are typically characterized by stability and lower volatility compared to smaller-cap stocks. The fund is known for its low expense ratio, making it a cost-effective choice for investors seeking diversified large-cap exposure. SCHX is ideal for those looking to build a core equity position in their portfolio with a focus on large, blue-chip companies.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 1.29 %
- Currency Hedged
-
No
- Portfolio Turnover
-
3 %
- Dividend Date
-
Why Invest in the SCHX ETF?
Potential Benefits
- Low expense ratio (0.03% as of 2025), making it one of the most cost-efficient large-cap ETFs available.
- Provides diversified exposure to approximately 750 large-cap U.S. stocks, reducing single-stock risk.
- Tracks a well-established index (Dow Jones U.S. Large-Cap Total Stock Market Index), ensuring transparency and consistency.
- Highly liquid, with tight bid-ask spreads, facilitating easy entry and exit for investors.
- Strong historical performance, closely mirroring the returns of the broader U.S. large-cap market.
Potential Risks
- Concentrated in large-cap stocks, which may underperform small- or mid-cap stocks during certain market cycles.
- Market risk: Performance is tied to the overall U.S. equity market, which can be volatile.
- Sector concentration risk, as the fund may be overweight in certain sectors like technology or financials.
- Limited international exposure, which could be a drawback if global markets outperform the U.S.
- Tracking error risk, though minimal, could result in slight deviations from the index.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
+1.2%
|
-0.7%
|
-5.0%
|
+10.3%
|
+5.2%
|
-0.8%
|
0.0%
|
+2.7%
|
-0.5%
|
+2.3%
|
-
|
-
|
| 2025 |
+3.0%
|
-1.5%
|
-5.8%
|
-0.7%
|
+6.2%
|
+5.2%
|
+2.5%
|
+2.1%
|
+3.3%
|
+2.4%
|
+0.1%
|
0.0%
|
| 2024 |
+1.5%
|
+5.4%
|
+3.2%
|
-4.1%
|
+4.7%
|
+3.5%
|
+1.4%
|
+2.3%
|
+2.1%
|
-0.8%
|
+6.5%
|
-2.7%
|
| 2023 |
+6.6%
|
-2.3%
|
+3.4%
|
+1.3%
|
+0.6%
|
+6.6%
|
+3.5%
|
-1.7%
|
-4.7%
|
-2.4%
|
+9.4%
|
+4.9%
|
| 2022 |
-5.7%
|
-2.8%
|
+3.5%
|
-9.0%
|
-0.3%
|
-8.2%
|
+9.2%
|
-3.9%
|
-9.2%
|
+7.8%
|
+5.5%
|
-5.8%
|
| 2021 |
-0.8%
|
+2.8%
|
+3.8%
|
+5.4%
|
+0.6%
|
+2.5%
|
+2.3%
|
+2.9%
|
-4.6%
|
+6.9%
|
-1.3%
|
+4.0%
|
| 2020 |
+0.2%
|
-7.9%
|
-13.0%
|
+13.0%
|
+5.1%
|
+2.3%
|
+5.9%
|
+7.3%
|
-3.6%
|
-2.4%
|
+11.5%
|
+4.0%
|
| 2019 |
+8.1%
|
+3.4%
|
+1.8%
|
+4.0%
|
-6.3%
|
+7.0%
|
+1.5%
|
-1.8%
|
+1.9%
|
+2.2%
|
+3.8%
|
+2.8%
|
| 2018 |
+5.5%
|
-3.7%
|
-2.3%
|
+0.3%
|
+2.5%
|
+0.7%
|
+3.6%
|
+3.3%
|
+0.5%
|
-7.0%
|
+1.9%
|
-8.8%
|
| 2017 |
+2.0%
|
+3.8%
|
+0.2%
|
+1.1%
|
+1.4%
|
+0.7%
|
+2.0%
|
+0.3%
|
+2.1%
|
+2.3%
|
+3.0%
|
+1.3%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
MSFT
|
MICROSOFT CORP |
5.9 % |
|
AAPL
|
APPLE INC |
5.8 % |
|
NVDA
|
NVIDIA CORP |
5.3 % |
|
AMZN
|
AMAZON.COM INC |
3.6 % |
|
META
|
META PLATFORMS INC CLASS A |
2.5 % |
|
BRK-B
|
BERKSHIRE HATHAWAY INC CLASS B |
2.0 % |
|
GOOGL
|
ALPHABET INC CLASS A |
1.9 % |
|
AVGO
|
BROADCOM INC |
1.6 % |
|
GOOG
|
ALPHABET INC CLASS C |
1.5 % |
|
TSLA
|
TESLA INC |
1.4 % |
Top 10 holdings shown, out of 750 total holdings.
Related ETFs: SCHX vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
SCHX aims to replicate the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index, a market-cap-weighted index comprising approximately 750 of the largest U.S. companies. The fund employs a passive management strategy, meaning it seeks to mirror the index rather than outperform it. Holdings are primarily common stocks, with sector weights reflecting those of the index. The fund is rebalanced quarterly to maintain alignment with the index, ensuring minimal tracking error. This approach provides broad exposure to large-cap equities while keeping costs low.
Frequently Asked Questions
What index does SCHX track?
SCHX tracks the Dow Jones U.S. Large-Cap Total Stock Market Index, which includes approximately 750 of the largest U.S. companies.
How does SCHX differ from SCHB?
SCHX focuses exclusively on large-cap stocks, while SCHB (Schwab U.S. Broad Market ETF) provides exposure to the entire U.S. equity market, including small- and mid-cap stocks.
Is SCHX a good choice for dividend investors?
While SCHX includes many dividend-paying large-cap stocks, it is not specifically designed for high dividend yield. Investors seeking higher dividends might consider dividend-focused ETFs like SCHD.
What is the expense ratio of SCHX?
As of 2025, SCHX has an expense ratio of 0.03%, making it one of the lowest-cost large-cap ETFs available.
How often is SCHX rebalanced?
SCHX is rebalanced quarterly to maintain alignment with its underlying index, ensuring minimal tracking error.
Industry Overview
The Schwab U.S. Large-Cap ETF (SCHX) is part of the large-cap equity ETF category, which focuses on investing in the largest publicly traded companies in the U.S. These companies are typically industry leaders with established market positions, strong cash flows, and global operations. Large-cap ETFs like SCHX are often used as core holdings in diversified portfolios due to their stability and lower volatility compared to small- or mid-cap stocks. The large-cap segment tends to perform well during periods of economic stability but may lag during high-growth phases when smaller companies outperform. SCHX offers a cost-effective way to gain exposure to this segment.
Alternative Comparison
Compared to its peers like SPY and IVV, which track the S&P 500, SCHX offers broader exposure by including more stocks (approximately 750 vs. 500). This can provide slightly better diversification. SCHX also boasts a lower expense ratio (0.03%) than many competitors, making it a cost-efficient choice. Unlike some actively managed large-cap funds, SCHX adheres strictly to its index, avoiding manager bias or higher fees. However, it lacks the factor-based or equal-weighted strategies found in some alternative large-cap ETFs like RSP.
Issuer Overview
Charles Schwab Investment Management, the issuer of SCHX, is a subsidiary of The Charles Schwab Corporation, a leading financial services firm known for its low-cost investment products. Schwab ETFs are renowned for their competitive expense ratios, transparency, and investor-friendly features. The firm emphasizes passive investment strategies, aligning with its mission to provide accessible, low-cost investment solutions to both individual and institutional investors.
Conclusion
SCHX is a compelling option for investors seeking low-cost, diversified exposure to U.S. large-cap stocks. Its passive management strategy, broad index coverage, and ultra-low expense ratio make it an attractive core holding for long-term portfolios. While it may not capture the high-growth potential of smaller companies, its focus on established, blue-chip firms offers stability and consistent performance. Investors should consider their overall asset allocation and risk tolerance when incorporating SCHX into their investment strategy.
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