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NYSEARCA:SCHX

Schwab US Large-Cap ETF (SCHX) Price, Holdings, & News

$63.18
-0.02 (-0.03%)
(As of 02:32 PM ET)
Today's Range
$62.92
$63.42
50-Day Range
$58.70
$63.20
52-Week Range
$48.31
$63.42
Volume
664,460 shs
Average Volume
1.78 million shs
Market Capitalization
$41.19 billion
Assets Under Management
$42.16 billion
Dividend Yield
1.17%
Net Expense Ratio
0.03%
SCHX stock logo

About Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions. Charles Schwab Investment Management, Inc. is the advisor of the Fund.

SCHX Stock Price History

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Fund Details

Issuer
Charles Schwab
Fund Name
Schwab US Large-Cap ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SCHX
Inception Date
10/30/2009
Fund Manager
Christopher Bliss, Ferian Juwono, Sabya Sinha

Fund Focus

Asset Class
Equity
Benchmark
Dow Jones US Large Cap Total Stock Market Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
762

Fund Statistics

Assets Under Management
$42.16 billion
Average Daily Volume
$1.64 million
Discount/Premium
0.02%

Administrator, Advisor and Custodian

Administrator
Charles Schwab Investment Management, Inc.
Advisor
Charles Schwab Investment Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
SEI Investments Distribution Co.
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
Optionable
Options Volume
6
Put Options
2
Call Options
6
Short Interest
1,480,000 shs

Miscellaneous

Beta
1.02
Creation Unit
50,000
Creation Fee
$500.00

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Schwab US Large-Cap ETF Expenses

TypeSCHXLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.57%0.54%0.51%0.51%
Other Expenses0.00%0.27%0.54%0.64%0.58%
Total Expense0.03%0.63%0.70%0.74%0.70%
Fee Waiver0.00%-0.19%-0.54%-0.68%-0.56%
Net Expense0.03%0.61%0.60%0.58%0.58%

Schwab US Large-Cap ETF (SCHX) Holdings & Exposure

SCHX Sector Exposure

SCHX Industry Exposure

Should I Buy Schwab US Large-Cap ETF Stock? SCHX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Schwab US Large-Cap ETF:

  • Low Expense Ratio: The Schwab US Large-Cap ETF has a low expense ratio, which means lower costs for investors compared to other similar funds. This can lead to higher returns for investors over time.
  • Diversification: By investing in this ETF, investors gain exposure to a wide range of large-cap U.S. stocks, providing diversification within a single investment.
  • Passive Management: The fund aims to track the performance of a specific index rather than actively picking stocks, which can lead to lower management fees and potentially more predictable returns.
  • Liquidity: Being listed on a major exchange, the ETF offers liquidity to investors, allowing them to easily buy and sell shares at market prices.
  • Transparency: The ETF provides transparency in its holdings and investment strategy, allowing investors to know exactly what they are investing in.

Cons

Investors should be bearish about investing in Schwab US Large-Cap ETF for these reasons:

  • Market Volatility Risk: Large-cap stocks can still be subject to market volatility, which may impact the fund's performance, especially during turbulent market conditions.
  • Interest Rate Sensitivity: Changes in interest rates can affect large-cap stocks, potentially impacting the ETF's returns, especially in a rising rate environment.
  • Single Market Exposure: As the ETF focuses on U.S. large-cap stocks, investors may miss out on opportunities in other markets or sectors that could potentially offer higher returns.
  • Tracking Error: Despite aiming to track an index, there can be discrepancies between the ETF's performance and the index it follows, leading to tracking errors that may impact returns.
  • Stock Price Fluctuations: The ETF's performance is directly tied to the stock prices of the companies it holds, so fluctuations in these stock prices can affect the ETF's value.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 2, 2024. Please send any questions or comments about these Schwab US Large-Cap ETF pros and cons to contact@marketbeat.com.

SCHX ETF - Frequently Asked Questions

How have SCHX shares performed in 2024?

Schwab US Large-Cap ETF's stock was trading at $56.40 at the beginning of the year. Since then, SCHX shares have increased by 12.2% and is now trading at $63.27.
View the best growth stocks for 2024 here
.

What does SCHX invest in?

Schwab US Large-Cap ETF is a equity fund issued by Charles Schwab. SCHX focuses on large cap investments and follows the Dow Jones US Large Cap Total Stock Market Index. The fund's investments total to approximately $42.16 billion assets under management.

What stocks does Schwab US Large-Cap ETF hold?
What is the management fee for Schwab US Large-Cap ETF?

Schwab US Large-Cap ETF's management fee is 0.03% and has no other recorded expenses or fee waivers. The net expense ratio for SCHX is 0.03%.

When did Schwab US Large-Cap ETF's stock split?

Schwab US Large-Cap ETF's stock split on the morning of Friday, March 11th 2022. The 2-1 split was announced on Friday, March 11th 2022. The newly minted shares were payable to shareholders after the closing bell on Friday, March 11th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What other stocks do shareholders of Schwab US Large-Cap ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Schwab US Large-Cap ETF investors own include AT&T (T), NVIDIA (NVDA), Home Depot (HD), Johnson & Johnson (JNJ), Adobe (ADBE), JPMorgan Chase & Co. (JPM), Mastercard (MA), Lockheed Martin (LMT), Altria Group (MO) and Invesco QQQ (QQQ).

Who are Schwab US Large-Cap ETF's major shareholders?

Schwab US Large-Cap ETF's stock is owned by a number of retail and institutional investors. Top institutional investors include Charles Schwab Investment Advisory Inc. (15.05%), Sei Investments Co. (1.96%), HBK Sorce Advisory LLC (1.62%), Wealth Enhancement Advisory Services LLC (1.12%), Diversified LLC (0.57%) and Janus Henderson Group PLC (0.57%).

How do I buy shares of Schwab US Large-Cap ETF?

Shares of SCHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SCHX) was last updated on 6/7/2024 by MarketBeat.com Staff

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