Fund · Schwab U.S. Large-Cap ETF · measured from SEC filings
SCHX holdings
SCHX reports 750 holdings and behaves like 50.6 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-05-31. The fact sheet publishes the first number; this page computes the second, and traces it across 27 quarters of filings.
Measured concentration
as of 2026-05-31Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 100% at a quoted market price (level 1), 12 issuer countries.
What stands out
as of 2026-05-31SCHX's largest investment is Nvidia Corp at 7.5% of net assets. Apple Inc and Microsoft Corp follow; the three together are 19.07%. Ten companies are 37.28% of the fund; the other 740 share the rest. Among the 721 equity funds measured here, SCHX behaves like 50.6 holdings against a median of 42.4 — close to the median. Across 27 quarterly filings SCHX has become more concentrated: it behaved like 123.6 at 2019-11-30 and 50.6 at 2026-05-31. Between the 2026-02-28 and 2026-05-31 filings 7 positions were added and 6 dropped; 8.4% of the weight moved.
Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.
Every filing since 2019
27Between 2019-11-30 and 2026-05-31, SCHX went from behaving like 123.6 equally weighted positions to 50.6 — 59% fewer, while its top ten went from 20.64% to 37.28% of net assets. Read across the funds on the concentration-over-time table.
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-05-31 | 750 | 50.6 | 37.28% | 7.5% |
| 2026-02-28 | 749 | 58.3 | 34.42% | 6.92% |
| 2025-11-30 | 753 | 51.3 | 37.29% | 6.95% |
| 2025-08-31 | 749 | 52.7 | 35.59% | 7.29% |
| 2025-05-31 | 750 | 59.1 | 33.58% | 6.4% |
| 2025-02-28 | 752 | 60.5 | 32.7% | 6.78% |
| 2024-11-30 | 752 | 60.1 | 32.38% | 6.58% |
| 2024-08-31 | 752 | 60.7 | 32.13% | 6.54% |
Earlier filings (19 more, back to 2019-11-30)
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2024-05-31 | 750 | 61.9 | 31.93% | 6.53% |
| 2024-02-29 | 751 | 67.8 | 30.04% | 6.69% |
| 2023-11-30 | 754 | 67 | 29.39% | 6.83% |
| 2023-08-31 | 751 | 71 | 28.71% | 6.86% |
| 2023-05-31 | 756 | 69.4 | 28.31% | 7.02% |
| 2023-02-28 | 759 | 91.9 | 23.65% | 6.14% |
| 2022-11-30 | 756 | 92.7 | 23.53% | 6.06% |
| 2022-08-31 | 754 | 80.4 | 25.82% | 6.75% |
| 2022-05-31 | 758 | 86.9 | 24.84% | 6.14% |
| 2022-02-28 | 761 | 81.2 | 26.26% | 6.39% |
| 2021-11-30 | 765 | 78.6 | 27.67% | 6.1% |
| 2021-08-31 | 769 | 86 | 26.03% | 5.69% |
| 2021-05-31 | 769 | 98.6 | 24.11% | 5.04% |
| 2021-02-28 | 761 | 93.7 | 24.44% | 5.46% |
| 2020-11-30 | 761 | 90.2 | 24.49% | 5.71% |
| 2020-08-31 | 760 | 73.9 | 26.89% | 6.67% |
| 2020-05-31 | 756 | 95.3 | 23.89% | 5.11% |
| 2020-02-29 | 757 | 111.6 | 22.07% | 4.65% |
| 2019-11-30 | 765 | 123.6 | 20.64% | 4.08% |
One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.
Largest positions, as filed
as of 2026-05-31The 15 largest of 750 positions in SCHX's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: SCHX.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | NVIDIA Corp | 7.50% | 7.5% |
| 2 | Apple Inc | 6.70% | 14.2% |
| 3 | Microsoft Corp | 4.89% | 19.1% |
| 4 | Amazon.com Inc | 3.87% | 23.0% |
| 5 | Alphabet Inc | 3.24% | 26.2% |
| 6 | Broadcom Inc | 3.10% | 29.3% |
| 7 | Alphabet Inc | 2.57% | 31.9% |
| 8 | Meta Platforms Inc | 2.02% | 33.9% |
| 9 | Tesla Inc | 1.79% | 35.7% |
| 10 | Micron Technology Inc | 1.60% | 37.3% |
| 11 | Eli Lilly & Co | 1.28% | 38.6% |
| 12 | Berkshire Hathaway Inc | 1.27% | 39.8% |
| 13 | Advanced Micro Devices Inc | 1.23% | 41.1% |
| 14 | JPMorgan Chase & Co | 1.18% | 42.3% |
| 15 | Exxon Mobil Corp | 0.89% | 43.1% |
By country of issuer
as of 2026-05-31Share of SCHX's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.
| Country | Share |
|---|---|
| United States | 96.81% |
| Ireland° | 1.94% |
| Switzerland | 0.29% |
| Bermuda° | 0.20% |
| Netherlands° | 0.17% |
| Cayman Islands° | 0.14% |
| Curaçao° | 0.12% |
| Liberia° | 0.10% |
Returns the fund reported
2019-09 – 2026-05Monthly total returns from Item B.5 of SCHX's own filings, 81 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference 0.06 percentage points over 81 months, which is roughly the distributions. Every month with the filing it came from: SCHX.json · all funds.
Who borrows SCHX's shares
2026-05-31The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-05-31, $41m was out to 6 borrowers, 0.06% of net assets. The largest, UBS SECURITIES LLC, held 55.3% of it.
| Borrower | On loan | Share of the loan |
|---|---|---|
| UBS SECURITIES LLC | $23m | 55.3% |
| MORGAN STANLEY & CO LLC | $9m | 22.2% |
| BARCLAYS CAPITAL INC. | $7m | 16.4% |
| JP MORGAN SECURITIES LLC | $3m | 6.1% |
| CITIGROUP GLOBAL MARKETS INC. | $8,840 | 0.0% |
Cash collateral reported against the loan: 0.06% of net assets, 105.6% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter SCHX has filed, with each borrower: SCHX.json · all funds.
Since the previous filing
2026-02-28 → 2026-05-31749 positions became 750: 7 added (0.1% of the fund at the later date), 6 dropped (0.2% at the earlier date). Half the sum of all weight changes, a turnover proxy: 8.4%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of SCHX compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-02-28 | 2026-05-31 | Largest decreases | 2026-02-28 | 2026-05-31 |
|---|---|---|---|---|---|
| Micron Technology Inc | 0.74% | 1.60% | Meta Platforms Inc | 2.27% | 2.02% |
| Advanced Micro Devices Inc | 0.52% | 1.23% | Berkshire Hathaway Inc | 1.49% | 1.27% |
| Broadcom Inc | 2.43% | 3.10% | Johnson & Johnson | 0.96% | 0.79% |
| Amazon.com Inc | 3.28% | 3.87% | Walmart Inc | 0.90% | 0.74% |
| NVIDIA Corp | 6.92% | 7.50% | Home Depot Inc/The | 0.61% | 0.46% |
| Intel Corp | 0.33% | 0.79% | Exxon Mobil Corp | 1.03% | 0.89% |
New: Carnival Corp Ltd (0.05%), Amcor PLC (0.03%), SharkNinja Inc (0.01%), Cerebras Systems Inc (0.01%), Chicago Mercantile Exchange (0.01%), Versigent PLC (0.00%). Gone: Carnival Corp (0.05%), Coterra Energy Inc (0.04%), Amcor PLC (0.04%), Exact Sciences Corp (0.03%), Hologic Inc (0.03%), Versant Media Group Inc (0.01%).
Asset categories and pricing
as of 2026-05-3199.85% equity, 0.14% short-term investment as filed; 100.0% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.
Derivative exposure and counterparties
as of 2026-05-31A position count cannot describe a fund that uses derivatives, because a swap is filed at its unrealised gain, not its exposure. These are the notionals the fund itself reported, against net assets of $72.63B. Notional of an interest-rate or currency swap is not equity exposure.
Full detail for every fund that files derivatives: leverage.json (CC BY 4.0).
Neighbours by effective holdings, equity funds
10Every measured equity fund lined up by how many holdings it behaves like; these sit either side of SCHX (50.6). Same filings, same arithmetic. Position in this list says nothing about which fund is better.
| Fund | Reports | Behaves like | Top ten | As of |
|---|---|---|---|---|
| NFTY First Trust India NIFTY 50 Equal Weight ETF | 50 | 50 | 20.68% | 2026-06-30 |
| MOAT VanEck Morningstar Wide Moat ETF | 55 | 50.1 | 25.32% | 2026-06-30 |
| APUE ActivePassive U.S. Equity ETF | 449 | 50.3 | 38.42% | 2026-05-31 |
| PAVE Global X U.S. Infrastructure Development ETF | 100 | 50.5 | 32.34% | 2026-05-31 |
| GSLC Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF | 436 | 50.6 | 36.16% | 2026-05-31 |
| AVTM Avantis Total Equity Markets ETF | 1,546 | 50.7 | 37.35% | 2026-05-31 |
| TSPA T. Rowe Price U.S. Equity Research ETF | 329 | 50.8 | 36.33% | 2026-06-30 |
| VV Vanguard Large-Cap Index Fund | 444 | 51.3 | 36.62% | 2026-06-30 |
| IVV iShares Core S&P 500 ETF | 507 | 51.5 | 36.38% | 2026-06-30 |
| SPYI NEOS S&P 500(R) High Income ETF | 505 | 51.5 | 36.38% | 2026-06-30 |
Essays that examine SCHX
1-
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Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.