SCHX US

SCHX ETF: A Guide to Schwab U.S. Large-Cap ETF

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Overview

The Schwab U.S. Large-Cap ETF (SCHX) gives investors exposure to U.S. large-cap shares through a U.S.-listed fund. Its low stated expense ratio is one part of the profile; the portfolio’s sizeable technology allocation and concentration in its largest holdings are also central to understanding how it is positioned.

Category

SCHX is a broad U.S. large-cap equity ETF, with a portfolio spanning technology, financial services, healthcare, communications and consumer businesses. Its sector and holding weights show a pronounced tilt towards technology and the largest U.S. companies.

The portfolio offers exposure to established U.S. companies across several sectors, but its weights show that this is not an evenly balanced slice of the market: technology is the largest sector, and a group of mega-cap companies makes up a notable share of assets. That mix may shape results when large technology businesses lead or lag other parts of the U.S. market.

 

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Key facts

Ticker
SCHX
Exchange
US
ISIN
US8085242019
Category / focus
US Equity
Provider
Schwab ETFs
Domicile
United States
Currency
USD
Inception date
2009-11-03
UCITS
No
Holdings count
748

Costs

TER
0.03%
Net expense ratio
0.03%
AUM
73.9B

The supplied net expense ratio is 0.03%. This is the fund-level charge shown in the data and does not include any brokerage, currency-conversion or other transaction costs an Australian investor may incur.

Performance

YTD
11.6%
1 year
12.0%
3 years
20.7%
5 years
11.2%
10 years
14.9%
Dividend yield
1.08%
Top 10 concentration
34.6%

Holdings

  1. Apple Inc.7.28%
    Ticker
    AAPL
    Sector
    Technology
    Country
    United States

  2. NVIDIA Corporation6.12%
    Ticker
    NVDA
    Sector
    Technology
    Country
    United States

  3. Microsoft Corporation5.66%
    Ticker
    MSFT
    Sector
    Technology
    Country
    United States

  4. Amazon.com Inc3.84%
    Ticker
    AMZN
    Sector
    Consumer Cyclical
    Country
    United States

  5. Alphabet Inc Class A2.35%
    Ticker
    GOOGL
    Sector
    Communication Services
    Country
    United States

  6. Broadcom Inc2.19%
    Ticker
    AVGO
    Sector
    Technology
    Country
    United States

  7. Meta Platforms Inc.1.97%
    Ticker
    META
    Sector
    Communication Services
    Country
    United States

  8. Alphabet Inc Class C1.93%
    Ticker
    GOOG
    Sector
    Communication Services
    Country
    United States

  9. Eli Lilly and Company1.74%
    Ticker
    LLY
    Sector
    Healthcare
    Country
    United States

  10. Berkshire Hathaway Inc1.53%
    Ticker
    BRK-B
    Sector
    Financial Services
    Country
    United States

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The supplied portfolio data lists 50 holdings, with the ten largest accounting for 37.163% of assets. NVIDIA is the largest position at 8.068%, followed by Apple at 7.171% and Microsoft at 5.271%. Technology represents 40.963% of sector exposure, making the sector tilt and the weight in major technology companies important features of the portfolio.

Regions

  • North America94.7%

  • Europe Developed0.3%

  • United Kingdom0.1%

  • Asia Emerging0.1%

  • Latin America0.0%

  • Japan0.0%

  • Australasia0.0%

  • Asia Developed0.0%

  • Europe Emerging0.0%

  • Africa/Middle East0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Asset allocation

  • Stock US96.1%

  • Stock non-US0.6%

  • Cash0.1%

  • Bond0.0%

  • Other0.0%

  • NotClassified0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

  • Technology38.0%

  • Financial Services12.8%

  • Healthcare10.2%

  • Consumer Cyclicals9.1%

  • Communication Services8.8%

  • Industrials8.4%

  • Consumer Defensive4.9%

  • Energy3.6%

  • Utilities2.1%

  • Real Estate1.9%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Buy this ETF

Risks

Who it may suit

SCHX may be of interest to investors researching diversified exposure to U.S. large-cap shares through a U.S.-listed ETF. Australian investors should also consider the fund’s U.S.-market and technology concentration, currency exposure and the practical costs of investing in an overseas-listed product.

Key risks

SCHX is exposed to movements in U.S. share prices, and its large technology weighting and top-holding concentration can make results sensitive to the performance of a relatively small group of companies. The fund’s U.S. focus also leaves Australian investors exposed to exchange-rate movements between the U.S. and Australian dollars. Past returns do not guarantee future results.

FAQ

What does SCHX invest in?

SCHX provides exposure to U.S. large-cap shares. Its portfolio is weighted heavily towards technology, with major positions including NVIDIA, Apple and Microsoft.

What are SCHX’s fees?

The supplied net expense ratio is 0.03%. Brokerage, currency-conversion and other costs may also apply when Australian investors buy or sell a U.S.-listed ETF.

What are the main risks for Australian investors?

The fund is concentrated in U.S. shares and its largest holdings, with a substantial technology-sector weighting. Returns in Australian dollars can also be affected by movements in the U.S. dollar against the Australian dollar.

*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.

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