The Schwab U.S. Large-Cap ETF (SCHX) is an exchange-traded fund designed to provide broad exposure to large-cap U.S. companies. The ETF is managed by Charles Schwab Investment Management and trades under the ticker SCHX on the NYSE Arca.

Classified as a large-cap U.S. equity ETF, the fund seeks to reflect, before fees and expenses, the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index.

The ETF follows a passive management strategy, maintaining a portfolio structured to replicate the composition and weighting of its benchmark index. The benchmark includes large-cap U.S. companies across multiple sectors of the American economy.

Diversification and sector exposure

SCHX provides exposure primarily associated with:

• Information technology.
• Healthcare.
• Financials.
• Consumer discretionary.
• Industrials.
• U.S. large-cap companies.
• U.S. mega-cap equities.
• U.S. equity markets.

The ETF’s performance is particularly sensitive to U.S. economic conditions, interest-rate expectations, and the behavior of the largest publicly traded American companies.

Changes in Federal Reserve monetary policy, fluctuations in interest rates, and changes in corporate earnings may directly affect the fund’s behavior. The ETF may also reflect developments associated with artificial intelligence growth, economic digitalization, and the expansion of mega-cap technology companies.

Structure and costs

SCHX shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. SCHX may distribute income derived from dividends paid by companies held within the portfolio.

Because the ETF maintains broad exposure to the U.S. large-cap segment, its performance may directly reflect broader movements across the American equity market and the country’s largest publicly traded companies.

History and evolution of the ETF

The Schwab U.S. Large-Cap ETF was launched in 2009 during a period marked by expansion in low-cost ETFs focused on broad U.S. equity-market exposure.

Since inception, the fund has reflected movements associated with leading U.S. companies, including economic cycles, monetary-policy changes, and structural transformations within the technology sector.

In recent years, SCHX has reflected appreciation in U.S. mega-cap equities, the expansion of artificial intelligence, changes in interest rates, and equity-market fluctuations amid the ongoing transformation of the global digital economy.

Additional Information

Schwab U.S. Large-Cap ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $73.67 billion.

Over the past 12 months, Schwab U.S. Large-Cap ETF recorded a return of 17.07%, with its price trading between $24.92 and $30.71 during the same period.

The ETF is traded under the ticker SCHX.