Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FNDX vs XLG: how they differ
FNDX and XLG hold 37% of their weight in the same names, and FNDX returned more over the year.
Schwab Fundamental U.S. Large Company ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, FNDX and XLG hold 37% of their money in the same securities at the same weight.
| Holding | FNDX | XLG |
|---|---|---|
| Apple Inc | 4.64% | 10.76% |
| Alphabet Inc | 2.38% | 6.05% |
| Microsoft Corp | 2.33% | 8.18% |
| Alphabet Inc | 1.90% | 4.82% |
| Amazon.com Inc | 1.86% | 6.99% |
| Exxon Mobil Corp | 2.29% | 1.74% |
| Berkshire Hathaway Inc | 1.41% | 2.35% |
| JPMorgan Chase & Co | 1.38% | 2.28% |
| Meta Platforms Inc | 1.24% | 3.61% |
| Walmart Inc | 1.01% | 1.56% |
| Chevron Corp | 1.49% | 0.98% |
| Johnson & Johnson | 0.97% | 1.50% |
| Only in FNDX | Only in XLG |
|---|---|
| Intel Corp 2.57% | Palantir Technologies Inc. 0.86% |
| Micron Technology Inc 1.60% | Linde PLC 0.63% |
| CVS Health Corp 0.91% | Accenture PLC 0.30% |
| Citigroup Inc 0.85% | |
| General Motors Co 0.74% | |
| Valero Energy Corp 0.71% | |
| Pfizer Inc 0.69% | |
| ConocoPhillips 0.66% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| FNDX Schwab Fundamental U.S. Large Company ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Invesco |
| What it is | Fundamental U.S. Large Company | S&P 500 top 50 |
| Total return, 1 year | +26.1% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +8.6 pts | −5.3 pts |
| Expense ratio | 0.25% | 0.20% |
| Already in the S&P 500 | 91.2% | 100.0% |
| Holdings | 733 | 51 |
FNDX in plain words
FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, FNDX or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, FNDX returned +26.1% and XLG returned +12.2%, so FNDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FNDX or XLG?
- FNDX charges 0.25% a year and XLG charges 0.20%, so XLG is cheaper. Fees come from each fund's prospectus.
- How much do FNDX and XLG overlap with the S&P 500?
- By their latest filed holdings, 91% of FNDX and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 37% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FNDX against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/FNDX-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources