FNDX Fees and Costs — Schwab Fundamental U.S. Large Company ETF
Data updated: 2026-07-24
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $395K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 12%.
FNDX Fees and Expenses
Annual operating expenses and sales charges of FNDX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FNDX Costs Over Time
On $10,000 invested in FNDX, assuming 5% a year before costs, total costs come to $160 over 5 years, cutting the return by 0.26% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $26 | $87 | $160 |
| Value after costs | $10,474 | $11,489 | $12,603 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
FNDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $395K
- Bought from dealers (principal trades, not a cost): $3.9M
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $27.0M
- Net income from securities lending: $289K (0.001% of average net assets)
FNDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stuart Frankel & Co., Incorporated | $40K | 15.41% |
| Citigroup Global Markets Inc. | $38K | 14.79% |
| Mizuho Securities USA LLC | $28K | 10.88% |
| Macquarie Capital (USA) Inc. | $25K | 9.78% |
| Great Pacific Securities | $24K | 9.14% |
| Instinet, LLC | $23K | 9.03% |
| Virtu Americas LLC | $22K | 8.43% |
| Piper Sandler & Co. | $21K | 8.08% |
| J.P. Morgan Securities LLC | $19K | 7.49% |
| UBS Securities LLC | $18K | 6.98% |
FNDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $1.2M | 30.15% |
| J.P. Morgan Securities LLC | $951K | 24.44% |
| BofA Securities, Inc. | $699K | 17.97% |
| Goldman Sachs & Co. LLC | $600K | 15.40% |
| Barclays Capital Inc. | $326K | 8.38% |
| Morgan Stanley & Co. LLC | $142K | 3.66% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.