Data as of Oct 28, 2026.

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FNDX vs SDY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FNDX returned +23.9% to SDY's +16.5%; 20% of their weight is in the same names.

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Net assets: $27.6bn on Aug 31, 2026 for Schwab Fundamental U.S. Large Company ETF, and $21.9bn on Oct 27, 2026 for State Street SPDR S&P Dividend ETF.

At a glance
+23.9%
FNDX total return, 1 year
+16.5%
SDY total return, 1 year
0.25%
FNDX expense ratio
0.35%
SDY expense ratio

Pair scorecard

FNDX costs 0.10 points a year less; their one-year returns differ by 7.4 points.

FNDX vs SDY: Differences, Returns & Fees
MeasureFNDXSDY
Return
Total return, 1 year+23.9%+16.5%
Benchmark
What it tracksFundamental U.S. Large CompanyS&P High Yield Dividend Aristocrats Index
Cost and size
Expense ratio0.25%0.35%
Net assets, FNDX as of Aug 31, 2026 and SDY as of Oct 27, 2026$27.6bn$21.9bn
Holdings
Holdings in common20%
Top ten holdings, share of the fund21.0%20.4%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

20%

By the books each fund has filed, FNDX and SDY hold 20% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

20% in common

Positions both hold · largest shared weight first FNDX SDY
Chevron Corp 1.61% 2.15%
ExxonMobil Holdings Corp 2.42% 1.49%
Verizon Communications Inc 1.01% 2.81%
Johnson & Johnson 1.06% 0.94%
Procter & Gamble Co 0.70% 1.34%
AbbVie Inc 0.64% 1.32%
Microsoft Corp 2.82% 0.56%
Target Corp 0.49% 1.59%
Walmart Inc 0.88% 0.40%
PepsiCo Inc 0.40% 1.82%
Coca-Cola Co 0.38% 1.23%
Lockheed Martin Corp 0.37% 1.39%
Only in one fund ↓
Only in FNDX
Apple Inc 4.46%
Amazon.com Inc 1.80%
Alphabet Inc 1.78%
JPMorgan Chase & Co 1.63%
Berkshire Hathaway Inc 1.60%
UnitedHealth Group Inc 1.45%
Intel Corp 1.42%
Alphabet Inc 1.41%
Only in SDY
ROYAL GOLD INC 0.48%
EQUITY LIFESTYLE PROPERTIES 0.47%
FACTSET RESEARCH SYSTEMS INC 0.44%
UMB FINANCIAL CORP 0.40%
CULLEN/FROST BANKERS INC 0.39%
FEDERAL REALTY INVS TRUST 0.35%
RB GLOBAL INC 0.35%
HANOVER INSURANCE GROUP INC 0.34%
Check overlap with more funds →

Side by side

FNDX Schwab Fundamental U.S. Large Company ETF SDY State Street SPDR S&P Dividend ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Fundamental U.S. Large Company Tracks the S&P Dividend
Total return, 1 year +23.9% +16.5%
Its benchmark over the same days +13.1% (IWB) not measured
Gap to its benchmark +10.8 pts vs IWB not measured
Expense ratio 0.25% 0.35%
Already in the S&P 500 88.4% 84.4%
Holdings 731 156
Net assets, FNDX as of Aug 31, 2026 and SDY as of Oct 27, 2026 $27.6bn $21.9bn

FNDX and SDY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-9EFC8CB960

FNDX and SDY do different jobs. What does each one do in a portfolio?

  1. What each follows. FNDX follows Fundamental U.S. Large Company and SDY follows S&P High Yield Dividend Aristocrats Index.
  2. Holdings in common. 20% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 FNDX returned +23.9% and SDY +16.5% with distributions reinvested, a gap of 7.4 points.

Data as of Oct 28, 2026.

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About each fund
FNDX

Over the year to Oct 28, 2026 it returned +23.9% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index.

FNDX tracks an index of Fundamental U.S. Large Company. The prospectus expense ratio is 0.25% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 731 positions, with the top ten at 21.0%.

SDY

SDY tracks the S&P Dividend. Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 20.4%.

Questions people ask

Which returned more over the last year, FNDX or SDY?
In the year to Oct 28, 2026, with distributions reinvested, FNDX returned +23.9% and SDY +16.5%.
Which is cheaper, FNDX or SDY?
FNDX is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FNDX and SDY overlap with the S&P 500?
By their latest filed holdings, 88% of FNDX and 84% of SDY by weight is stocks the S&P 500 already holds.
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ETFIQ, FNDX against SDY, data as of Oct 28, 2026. https://etfiq.com/compare/any/fndx-vs-sdy

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