FNDXequity
Schwab Fundamental U.S. Large Company ETF
736holdings
0.25%annual fee
USmarket
Valuation717 companies covered
21.1×P / E92% by weight
2.98×P / B88% by weight
4.7%Earnings yield
ETF comparisons / FNDX vs SPY
equity comparison · FNDX 2026-05-31 · SPY 2026-09-11
FNDX vs SPY
Schwab Fundamental U.S. Large Company ETF compared with State Street SPDR S&P 500 ETF Trust
The funds share a substantial core but differ outside it.FNDX has 277 companies outside the overlap; SPY has 44.
Do FNDX and SPY overlap?
FNDX and SPY overlap by 62.7% by weight, across 457 shared companies.
SPYUS equity
State Street SPDR S&P 500 ETF Trust
504holdings
0.09%annual fee
USmarket
Valuation492 companies covered
27.5×P / E97% by weight
5.44×P / B85% by weight
3.6%Earnings yield
Price development
Both lines rebased to 0% over their shared dates
Largest shared positions
457 companies held in both funds
FNDX weight
SPY weight
| Shared company | FNDX | SPY |
|---|---|---|
| Apple Inc AAPL | 4.63% | 7.40% |
| ALPHABET INC GOOGL 2 share classes | 4.27% | 5.41% |
| ↳ ALPHABET INC-CL A GOOGL | 2.38% | 3.01% |
| ↳ ALPHABET INC-CL C GOOG | 1.89% | 2.40% |
| Microsoft Corp MSFT | 2.32% | 5.58% |
| AMAZON.COM INC AMZN | 1.86% | 3.81% |
| Micron Technology Inc MU | 1.59% | 1.67% |
| BERKSHIRE HATHAWAY INC. BRK/B | 1.41% | 1.42% |
| JPMorgan Chase & Co JPM | 1.38% | 1.45% |
| META PLATFORMS INC-CLASS A META | 1.24% | 2.16% |
| JOHNSON & JOHNSON JNJ | 0.97% | 0.97% |
| Intel Corp INTC | 2.57% | 0.77% |
| WALMART INC. WMT | 1.01% | 0.71% |
| CISCO SYSTEMS, INC. CSCO | 0.90% | 0.67% |
| BROADCOM INC AVGO | 0.65% | 2.60% |
| Bank of America Corp BAC | 0.87% | 0.62% |
| Chevron Corp CVX | 1.48% | 0.61% |
| Caterpillar Inc CAT | 0.60% | 0.57% |
| NVIDIA CORP NVDA | 0.55% | 8.01% |
| Merck & Co Inc MRK | 0.68% | 0.54% |
| Costco Wholesale Corp COST | 0.53% | 0.61% |
| AbbVie Inc ABBV | 0.53% | 0.69% |
| UnitedHealth Group Inc UNH | 1.37% | 0.52% |
| THE PROCTER & GAMBLE COMPANY PG | 0.66% | 0.51% |
| Applied Materials Inc AMAT | 0.47% | 0.55% |
| Home Depot Inc/The HD | 0.52% | 0.47% |
| THE GOLDMAN SACHS GROUP, INC. GS | 0.58% | 0.46% |
FNDX and SPY questions
Based on the holdings compared above
How much do FNDX and SPY overlap?
FNDX and SPY overlap by 62.7% by weight, across 457 shared companies.
Which companies do FNDX and SPY both hold?
The largest companies held in both funds are Apple Inc, ALPHABET INC, Microsoft Corp, AMAZON.COM INC, Micron Technology Inc.
Can I hold both FNDX and SPY?
Holding both means 62.7% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.
Is FNDX or SPY cheaper?
FNDX has a 0.25% expense ratio and SPY has 0.09%.
How do FNDX and SPY compare on valuation?
FNDX has a weighted P/E of 21.1 and SPY has a weighted P/E of 27.5.
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