FNDX

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) invests in a diversified basket of large‑cap U.S. equities, covering all major sectors of the American economy. It follows a fundamentally weighted indexing approach, selecting stocks based on metrics such as sales, cash flow, dividends, and book value rather than market capitalization, and rebalancing periodically to reflect these underlying fundamentals. This methodology aims to provide exposure to the broader U.S. large‑company market while emphasizing companies with stronger financial fundamentals. The fund is suitable for investors seeking a passive, large‑cap U.S. equity exposure that is grounded in fundamental financial data, and it can serve as a core holding in diversified portfolios focused on long‑term growth.