Schwab U.S. Large-Cap ETF

The fund tracks the performance of the Dow Jones U.S. Large-Cap Index, which measures the performance of large U.S. companies. It utilizes a passively managed approach, meaning it aims to replicate the index rather than trying to outperform it through active stock picking.

The ETF is known for its extremely low expense ratio, currently sitting at just 0.03%, making it one of the cheapest funds on the market. Investors typically receive quarterly dividends, with the yield generally hovering around 1.5% depending on market conditions.

The fund trades on the New York Stock Exchange (NYSE) under the ticker symbol SCHX. It is heavily favored by long-term investors looking for a low-cost core holding to gain broad exposure to mega-cap technology and financial companies like Apple and Microsoft.

The portfolio consists of approximately 250 different large-cap stocks, providing highly diversified exposure across major sectors. This broad selection helps mitigate individual company risk while capturing the overall growth of the U.S. large-cap equity market.