Schwab Fundamental U.S. Large Company ETF
Schwab Fundamental U.S. Large Company ETF (AMEX: FNDX) is an exchange-traded fund listed on NYSE Arca, trading at $32.16 (about ₹3,118 a unit) as of 9 Oct 2026, 4:00 PM ET. It has an expense ratio of 0.25% and holds 734 securities. Indian residents can buy FNDX through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$32.05
Today's high
$32.20
52 week low
$25.75
52 week high
$32.85
FNDX opened at $32.08, closed previously at $32.09, and has traded between $25.75 and $32.85 over the past 52 weeks.
About
FNDX uses fundamental screens (sales, cash flow, dividends, and buybacks) to scope out large-cap US companies. The top 87.5% of the companies by cumulative fundamental score are included in the index. It then weights them accordingly. Index weights are determined annually in March but are implemented across the year rather than at one point in time to help increase investment capacity and minimize entry point risk. To do this, the index rebalances on a rolling quarterly basis. FNDX's underlying index changed its name from Russell Fundamental U.S. Large Company Index to Russell RAFI U.S. Large Company Index on December 1, 2016. There were no changes in index methodology and the resulting exposure. Effective June 21, 2024, the index changed to RAFI Fundamental High Liquidity US Large Index. Prior to this date, the fund was called Schwab Fundamental U.S. Large Company Index ETF.
Key statistics
Expense ratio
0.25%
Assets (AUM)
$27.8B
Holdings
734
NAV
$32.15
Avg. volume
—
1-year price change
+25.23%
5-year price change
+75.74%
Price change excludes dividends.
Top 10 holdings
FNDX holds 734 securities in total. These 10 are 22.3% of the fund.
Where the money is invested
Sectors
Countries
How to buy FNDX from India
Indian residents can buy FNDX units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in FNDX from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search FNDX and buy
Find the fund by its ticker, FNDX, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your FNDX position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying FNDX from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the FNDX price today?
Schwab Fundamental U.S. Large Company ETF (FNDX) last traded at $32.16 on NYSE Arca, as of 9 Oct 2026, 4:00 PM ET. That is ₹3,118 a unit at the 11 Oct 2026 USD/INR rate.
When does FNDX trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is FNDX, and what does it cost to hold?
Schwab Fundamental U.S. Large Company ETF manages about $27.8B. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2013.
What are FNDX's largest holdings?
The top three are APPLE (4.9%), MICROSOFT (3.2%) and EXXONMOBIL HOLDINGS CORP (2.4%). FNDX's 10 largest positions make up 22.3% of the fund.
Does FNDX pay dividends?
Yes. FNDX is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on FNDX taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of FNDX?
Yes. You can buy FNDX by amount rather than by whole unit, and there is no minimum trade size.
How has FNDX performed?
FNDX's price is up 25.2% over the past year and up 75.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.