SFENX Fees and Costs — Schwab Fundamental Emerging Markets Equity Index Fund
Data updated: 2026-09-24
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $373K in broker commissions, 0.0354% of average net assets, and portfolio turnover was 21%.
SFENX Fees and Expenses
Annual operating expenses and sales charges of SFENX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
SFENX Costs Over Time
On $10,000 invested in SFENX, assuming 5% a year before costs, total costs come to $269 over 5 years, cutting the return by 0.45% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $147 | $269 |
| Value after costs | $10,455 | $11,429 | $12,494 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
SFENX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0354%
- Total broker commissions: $373K
- Bought from dealers (principal trades, not a cost): $19.2M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $2.8M
- Net income from securities lending: $293K (0.028% of average net assets)
SFENX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $118K | 36.00% |
| Goldman Sachs & Co. LLC | $40K | 12.02% |
| BofA Securities, Inc. | $33K | 10.18% |
| Scotia Capital (USA) Inc. | $31K | 9.27% |
| UBS Securities LLC | $25K | 7.60% |
| Citigroup Global Markets Inc. | $22K | 6.66% |
| XP Investments US, LLC | $17K | 5.13% |
| Morgan Stanley & Co. LLC | $16K | 4.98% |
| Macquarie Capital (USA) Inc. | $15K | 4.42% |
| HSBC Securities (USA) Inc. | $12K | 3.75% |
SFENX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $6.2M | 32.24% |
| Barclays Capital Inc. | $4.2M | 22.01% |
| Scotia Capital (USA) Inc. | $2.6M | 13.49% |
| J.P. Morgan Securities LLC | $2.4M | 12.63% |
| XP Investments US, LLC | $1.6M | 8.61% |
| Macquarie Capital (USA) Inc. | $1.5M | 7.71% |
| UBS Securities LLC | $362K | 1.90% |
| Morgan Stanley & Co. LLC | $272K | 1.43% |
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.