SCHX Fees and Costs — Schwab U.S. Large-Cap ETF
Data updated: 2026-07-24
The net expense ratio is 0.03%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $170K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 5%.
SCHX Fees and Expenses
Annual operating expenses and sales charges of SCHX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| 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 |
SCHX Costs Over Time
On $10,000 invested in SCHX, assuming 5% a year before costs, total costs come to $19 over 5 years, cutting the return by 0.03% 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 0.03%) | $3 | $10 | $17 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $2 |
| Total costs | $3 | $11 | $19 |
| Value after costs | $10,497 | $11,566 | $12,743 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
SCHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0003%
- Total broker commissions: $170K
- Bought from dealers (principal trades, not a cost): $31.7M
- Portfolio turnover (prospectus): 5%
- Securities on loan, average value: $11.7M
- Net income from securities lending: $1.1M (0.002% of average net assets)
SCHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $24K | 20.73% |
| Mizuho Securities USA LLC | $15K | 13.38% |
| Macquarie Capital (USA) Inc. | $13K | 11.74% |
| Instinet, LLC | $13K | 11.47% |
| Bernstein Institutional Services LLC | $11K | 9.98% |
| Siebert Williams Shank & Co., LLC | $9K | 8.02% |
| Stuart Frankel & Co., Incorporated | $9K | 7.88% |
| Great Pacific Securities | $7K | 6.34% |
| Virtu Americas LLC | $6K | 5.40% |
| BTIG, LLC | $6K | 5.06% |
SCHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $15.0M | 47.48% |
| Morgan Stanley & Co. LLC | $10.4M | 33.01% |
| BofA Securities, Inc. | $3.2M | 9.97% |
| Goldman Sachs & Co. LLC | $1.8M | 5.71% |
| Barclays Capital Inc. | $992K | 3.13% |
| Citigroup Global Markets Inc. | $220K | 0.70% |
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.