ETF Evaluator:
Schwab US Large-Cap ETF™ (SCHX)
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(as of Jul 31)
Best Performing in Large Blend Over the Last Year
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Risk
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Risk
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ETF Details
Schwab US Large-Cap ETF™ Overview
Schwab US Large-Cap ETF™ (SCHX) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Schwab ETFs launched the ETF in 2009.
The investment seeks 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.
To pursue its goal, the fund generally invests in stocks that are included in the Dow Jones U.S. Large-Cap Total Stock Market Index. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index.
About Schwab US Large-Cap ETF™ (SCHX)
There are 4 members of the management team with an average tenure of 9.09 years: Christopher Bliss (2017), Ferian Juwono (2010), Jeremy Brown (2018) and Agnes Zau (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and DJ US TSM Large Cap TR USD index with a weighting of 100%. Schwab US Large-Cap ETF™ has 753 securities in its portfolio. The top 10 holdings constitute 34.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Schwab US Large-Cap ETF™ is part of the Equity global asset class and is within the U.S. Equity ETF group. Schwab US Large-Cap ETF™ has 0.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.3% There is 0.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Schwab US Large-Cap ETF™ has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $71 billion in total assets, which is above the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SCHX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Schwab US Large-Cap ETF™ expense ratio is low compared to funds in the Large Blend category. Schwab US Large-Cap ETF™ has an expense ratio of 0.03%, which is 93% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Schwab US Large-Cap ETF™ has a portfolio turnover rate of 3%, which indicates that it holds its assets around / 0.3 years. By way of comparison, the average portfolio turnover is 162% for the Large Blend category.
Recently, in the month of June 2026, Schwab US Large-Cap ETF™ returned -0.8%, which earned it a grade of D, as the Large Blend category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Schwab US Large-Cap ETF™ has a trailing yield of 1.03%, which is below the 1.12% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Schwab US Large-Cap ETF™ Grades
Year to date, the ETF has returned 10.0%, 0.3 percentage points worse than the category, which translates into a grade of C. The fund has returned 21.7% over the past year (grade of C), 20.5% over the past three years (grade of B) and 12.7% per year over the past five years (grade of C) and 15.4% per year over the past 10 years (grade of B).
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SCHX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SCHX Return (NAV) | -0.8% | 15.1% | 21.7% | 20.5% | 12.7% | 15.4% |
| SCHX Return (Price) | -0.8% | 15.1% | 21.8% | 20.5% | 12.7% | 15.4% |
| NAV +/- Price Return | 0.001% | -0.005% | -0.107% | -0.009% | -0.005% | 0.002% |
| Large Blend Avg | -0.0% | 14.5% | 20.9% | 18.8% | 11.8% | 14.1% |
| SCHX Grade (NAV) | D | C | C | B | C | B |
| +/- Category (NAV) | -0.8% | 0.6% | 0.8% | 1.7% | 0.9% | 1.3% |
| SCHX Tax-Cost Ratio | na | na | 0.5% | 0.4% | 0.5% | 0.5% |
SCHX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SCHX Return (NAV) | 10.0% | 17.4% | 24.9% | 26.9% | -19.4% | 26.7% | 20.9% | 31.4% | -4.5% | 21.9% | 11.8% |
| SCHX Return (Price) | 10.0% | 17.5% | 24.9% | 26.9% | -19.4% | 26.8% | 20.8% | 31.2% | -4.5% | 21.9% | 11.9% |
| NAV +/- Price Ret | -0.008% | 0.003% | -0.001% | -0.000% | -0.002% | 0.003% | -0.004% | -0.6% | 0.2% | 0.2% | 0.9% |
| Large Blend Avg | 10.3% | 15.4% | 21.8% | 22.9% | -17.1% | 26.9% | 18.6% | 29.7% | -5.0% | 21.6% | 11.2% |
| SCHX Grade (NAV) | C | B | B | B | D | C | B | B | C | B | C |
| +/- Category | -0.3% | 2.1% | 3.1% | 4.0% | -2.4% | -0.2% | 2.3% | 1.7% | 0.4% | 0.3% | 0.5% |
| Risk Measures | |
| Beta: | 1.02 |
| R-Squared: | 100% |
| Standard Deviation: | 13.3% |
| Category Risk Index: | 0.99 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.09 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 1.0% |
| Total Assets: | $ 71,642 Mil |
| Share Class Assets: | $ 71,642 Mil |
| Turnover: | 3.0% |
| Expense Ratio: | 0.03% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 16.1 years | |||
| Average Tenure: 9.1 years | |||
| Managers (Year): Juwono Ferian (2010), Bliss Christopher (2017), Brown Jeremy (2018), Zau Agnes (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 753 |
| % in Top 10 Holdings: | 34.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.7% |
Portfolio Allocation |
|
| Domestic Stock: | 99.3% |
| Foreign Stock: | 0.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Schwab ETFs |
| Phone Number: | 877-824-5615 |
| Website: | www.csimfunds.com. |
| Inception Date: | November 3, 2009 |
Expenses and Fees
| Expense Ratio (%): | 0.03% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.42% |
